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E-Commerce: Development, E-Marketing and Trends

Scholary Paper (Seminar), 2002, 6 Pages
Author: Steffen Wittenauer
Subject: Industrial Engineering and Management

Details

Category: Scholary Paper (Seminar)
Year: 2002
Pages: 6
Grade: 2,3 (B+)
Bibliography: ~ 8  Entries
Language: English
Archive No.: V20416
ISBN (E-book): 978-3-638-24295-0

File size: 248 KB
Notes :
Development, E-Marketing and Trends in E-Commerce with some examples


Abstract

In the early 90th, the development of the Internet rapidly grew up with an enormous speed. Electronic Commerce (E-Commerce) must be seen as a part of the economical process of the Internet-area. It’s the first step of direct communication between users through the Internet. Before this, web sides only were created for presentations of companies or other publishing activities Today, the two parts “Business-to-Business” (B2B) and “Business-to-Consumer” (B2C) are the leading-markets of E-Commerce. B2B is the trading between companies on a direct way or through developed E-platforms. This E-market will be future’s fastest growing sector. The author Steffen Wittenauer gives a very good overview in this part of the early internet-history and takes the reader step by step to future themes of a communication-medium which is used by billions of people.


Excerpt (computer-generated)

E-Commerce
Development, Marketing and Trends

by

Steffen Wittenauer

 

 

E-Commerce as part of the E-Business-Process

In the early 90th, the development of the Internet rapidly grew up with an enormous speed. Electronic Commerce (E-Commerce) must be seen as a part of the economical process of the Internet-area. It’s the first step of direct communication between users through the Internet. Before this, web sides only were created for presentations of companies or other publishing activities.

After surmounting some barriers, the economical role of the Internet got more and more important. The technical development was the first step to transpose new ideas. The first modems could send and receive less then 10 Kbps. But around 1996, 33.6 Kbps and later, 56k-modems were standard Internet connections. By inventing ISDN and DSL (768 Kbps or more), the technical barrier was taken and this wasn’t the weak point anymore. But also the deregulation of telecommunication companies and the liberalization brought new advantages to consumers: a lot of Internet-providers offered Internet-access by low price. This was the breakthrough of the Internet as mass-media and as a new way of communication for billions of people.

At the beginning, only few people recognized the economical potential of this development. They were the founder for Internet-pioneers like Amazon, eBay or Yahoo. These first Internet-platforms brought offers and demands together – the first ECommerce- sides were founded. The only problem in this time was the insecure payment for orders through the Internet. Hackers could analyse and filter credit-card-numbers or other private stuff and used it in an illegal way. New secure connection-systems for secret information had to be developed (128 bit SSL) so that customers of eShops or other sides wouldn’t be worried.

Today, the two parts “Business-to-Business” (B2B) and “Business-to-Consumer” (B2C) are the leading-markets of E-Commerce. B2B is the trading between companies on a direct way or through developed E-platforms. This E-market will be future’s fastest growing sector.

Economical E-Commerce-Laws

In the following paragraph1, you’ll find some scince-laws for better understanding of the fast growing of E-Business:

[....]


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