E-Commerce Podcast Notes(Pt.1)

E-Commerce is anything dealing with the electronic purchasing of an item

Keywords:
1)Netscape: First online navigator. Considered the father of Mozilla Firefox
2) Social Media
3) Apps: The development of apps is similar to the emerging of the Internet in the 1990's
4) Contemporary E-Commerce
5) Channel Integration
6)Ubiguity: the state of being everywhere at once.
Ubiguity reduces searching costs for consumers
7) Global Reach vs Traditional Commerce: Place is local or regional
8)Demon Shopper: Use a retailer as showroom and buys product at another store
9) Brick and mortar: A company that has a physical location

E-Commerce Facts
The internet makes Black Friday and CyberMonday hassle free when someone wants to shop.

In 2006, E-Commerce revenue growing fast in retail international trade

E-Commerce is technology dependent

Online consumer sells grew by $309 billion increased by 14% over 2010

Content is King, it attracts people to websites
Example: YouTube & Facebook users drives content. Crowdsourcing

Zappos use reverse logistics and focus on customer service

Number of people that own an e-reader doubled from last year

Mobile E-Commerce consisted of purchasing ringtones

B2G
B2E
G2C
G2E
G2G
B2B
B2C
C2C