Global reach. New Arrivals 1Open submenu. Slideshow Video. Alibaba 6. Zalando IPO 5. So you want to start an eCommerce business. Global reach. Prepare a short memo to the president of the company you have chosen detailing your findings and any suggestions for improvement you may The Most Important Features of an eCommerce Platform The most important features of an eCommerce platform Written by Nicole Kohler Blog, Sell Online, Start your store. From consumer point of view, ubiquity reduces transaction costs - the cost of participating in a market. Terms in this set (8) Ubiquity. Available everywhere at all times. What are the 8 unique features of e-commerce? SERVICES COMPETITIVE ANALYSIS SEO SERVICES CONVERSION RATE OPTIMIZATION WEB DESIGN CONTENT MARKETING PAY PER CLICK ABOUT US ABOUT US SUCCESS STORY PRESS & MEDIA RESOURCES CONTACT US 949-229-3454 What Are Some Of The Unique Features Of eCommerce Technology? Maintaining global standards helps the users of an eCommerce website to use the website efficiently. tech reaches across national boundaries which makes marketspace potentially billions. Experts are tested by Chegg as specialists in their subject area. One of eight unique features of eCommerce technology is that it provides a large amount of information. Features of Multinational Retail and E-Commerce Company Connect on Whatsapp : +97143393999, Uninterrupted Access 24x7, 100% Confidential. tech reaches across national boundaries which makes marketspace potentially billions. A video presentation that elucidates the eight unique features of eCommerce with 3 websites as a review. Due to E-commerce Technologies information becomes more plentiful, less expensive and of higher quality. Interactivity. Seven Unique features of E-commerce Ubiquity- The traditional business market is a physical place, access to treatment by means of document circulation. "Consumer to Consumer (C2C) e-commerce provide a way for consumers to sell to each other with the . So universal great feature of e-commerce. Findings They help convey information and messages to the audiences. The above-mentioned features of e commerce are well utilized by online companies to enhance the business to new heights so that a higher level of profit and customer satisfaction could be attained. Richness. Learn. The website can be visited everywhere. (2nd half) - Craigslist 3. Richness. - A SWOT analysis (of your organisation) - A competitor analysis using SWOT (for at least two of your competitors - Develop an e-commerce presence map detailing the platforms and activities. LEARNING OBJECTIVES Describe the unique features of e-commerce, digital markets, and digital goods. Match. 2. Universal Standards. internet/web tech is available everywhere. Figure 1 Eight Unique features of E-Commerce Technology Ubiquity Is being defined as "being available just about everywhere, at all times." (Luadon and Traver, 2010) That is, users could access the webpage wherever they are and 24/7 available. E-commerce can deliver video, audio, animation, billboards, signs and etc. Choose an e-commerce Web site and assess it in terms of the eight unique features of e-commerce technology described Which of the features does the site implement well, and which features poorly, in your opinion? Kacie_Malloy. Question DescriptionEight Unique Features of E-Commerce TechnologiesChoose an e-commerce company (i.e, Amazon, Etsy.com, Overstock.com, Wayfair.com, Target.com) and assess it in terms of the eight unique features of e-commerce technologies described in Table 1.2 (p. 22). In which it eliminate the traditional retailing shop, fix operating hours and geographic location. Eight Unique Features of E-Commerce Technology. Terms in this set (8) Ubiquity. Universal Standards. E-Commerce has pertain key features which are explained as follows: Feature # 1. It make possible to shop from your desktop, at home, at work or even from your . E-commerce definitely enjoys some unique features, which sets it apart from traditional retail business model; these unique features have Dick talks about how part of the value is that you don't know what you're going to get every month.Brent notes that the fish of the month club was a great model to get people interested in a product. Information density. Richness. 4. Social Technology. E-commerce: products or services are purchased directly through the website; Advertising products or services available at a brick-and-mortar business; Freemium: basic content is available for free, but premium content requires a payment (e.g., WordPress website, it is an open-source platform to build a blog or website.) -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. Define a digital market and digital goods and describe their distinguishing features. It standards help simplify takes the marketplace to interactions. They are ubiquity (the possibility to use it everywhere), global reach (the possibility reach any part of the world), universal . Q3) What is the current structure of Internet? Businesses, governments and the public can participate in eCommerce transactions. With e-commerce technologies reducing collection, processing, storage, and communication costs the currency, timeliness and accuracy of the information are increased. E-Commerce is Technology-Enabled: Traditional commerce is taking place since times immemorial but E-commerce is result of integration of digital technology with business processes and commercial transactions. Your website will automatically be enhanced for all devices. (Kareem, Luke, Aziz) [ad_1] Choose an e-commerce company (i.e, Amazon, Etsy.com, Overstock.com, Wayfair.com, Target.com) and assess it in terms of the eight unique features of e-commerce technologies described in Table 1.2 (p. 22). . we can be in limited physical area to buy or sell. Home Decor & Pillows 12Open submenu. Image of personalization, manager, internet - 169533554 Combing the concept and knowledge in ecommerce lectures, the factors towards Lazada success are contributed by one of the concepts we have learnt in the lecture - 8 unique features of ecommerce technology. 1. Electronic commerce, or eCommerce, refers to the purchasing and selling of goods or services via electronic means, such as the Internet or mobile phone applications. Ex: People across country are engaging in e-commerce activities such as shopping online everywhere and any times. Today E-commerce or Electronic Commerce has become a buzz word around the world, especially in developing countries like India, China and Brazil - where internet and computer connection continue to grow at a pretty healthy rate. Answer (1 of 3): Unique features of e-commerce technology include ubiquity, global reach, universal technology standards, richness, interactivity, information density, capabilities for personalization and customization, and social technology. Because of the fact that it is a website, you can visit it whenever and wherever you want. This article addresses: Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions. Unique Features of E-commerce Technology Ubiquity: - E-commerce is ubiquitous, meaning that it is available just about everywhere at all times. 1. Whether this is your first website or you are a seasoned designer . At the moment Powtoon presentations are unable to play on devices that don't support Flash. Terms in this set (8) Ubiquity. Ubiquity is defined as being something that occurseverywhere. Global reach. Art & Wall Decor 10Open submenu. The 8 unique features of e-com technology - eBay Ubiquity: Looking at the website of eBay we can clearly see that the character "ubiquity" is present. Who are the experts? The result is called a market space. Connect Now Writing Services Online Courses Order Now Services Menu Assignment Assignment Academic Writing Services Academic Writing Services Assignment Help Assignment Help Denver Assignment Help Online Ubiquity- A traditional business market is a physical place, access to treatment utilizing document circulation. tech reaches across national boundaries which makes marketspace potentially billions. Flashcards. Ubiquity is defined as being something that occurs everywhere. There are eight unique features of e-commerce, digital markets, and digital goods that may be explained by the unique nature of the Internet and the Web that serve as the basis for any kind of e-commercial activity. List and describe the eight unique features of e-commerce. Flashcards. PowToon is a free. 8 Unique features of E-commerce technology are:-1.Ubiquity: E-commerce is ubiquitous meaning that it is available just about everywhere, at all times. You may be feeling a mixture of emotions at this point: excitement, apprehension, impatience and confusion. Global reach. Eight Unique Features of E-commerce Technology Total amount and quality of information available to all market participants Internet and the web vastly increase information density. Sea turtle information resource, home of the Marine Turtle Newsletter and Noticiero de Tortugas Marinas. Standards that are shared by all nations. Information density in e-commerce effortlessly facilitates consumers with relevant cost and price data on products they require. E-commerce technologies increase accuracy and timeliness of information. (Wi-Fi, WiMax, 3G/4G, smart phones) 2) Cloud computing (software as a service, web 2.0 software) 3) More powerful mobile devices support music, web surfing, entertainment, e-commerce more_vertical Name and Describe three technology trends shaping e-commerce today. Eight Unique Features of E-Commerce Technologies September 3, 2022 / in Uncategorized / by paul Eight Unique Features of E-Commerce Technologies Choose an e-commerce company ( i.e, Amazon, Etsy.com, Overstock.com, Wayfair.com, Target.com) and assess it in terms of the eight unique features of e-commerce technologies described in Table 1.2 (p. 22). In addition, describe the major types of e-commerce Kareem, Luke, Aziz- Answer 1) Wireless internet connections ex. E-commerce is ubiquitous meaning that it can be everywhere. What are the 8 unique features of e-commerce? For example, clothes and shoes are usually directed to encourage customers to go somewhere to buy. These . Bed & Bath 12Open submenu. For example, flipkart.com store has variety of products with prices. In E-e-commerce e-commerce site types are 7 unique features, such as the Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization. Richness means all commercial activity and experience, conducted through a variety of messages. Ubiquity: In traditional commerce, a marketplace is restricted i.e. 8 Unique features of E-Commerce Technology. Digital Marketing has enabled brands to reach out to . example: (uncountable) The state or quality of being rich; richdom. Which of these features does the company implement well, and which features does the company implement poorly? Introduction Giosis Gmarket International is a consumer to consumer type of E-commerce whereby consumer can sell products directly to another consumer by a market creator creating a marketspace. However, it's about as rich as television technology. 8 Unique Features of E-Commerce Technology By alice.st93 | Updated: March 17, 2017, 12:10 a.m. Loading. E-commerce has created a market place with significant advantages through eight unique features afforded to e-commerce transactions. You just need to be able to access the Internet. Name and describe four business trends and three technology trends shaping e-commerce today. 2. Universal Standards. 8 Unique Features Of E Commerce. It liberates the market from being restricted to an e-commerce physical space and makes it possible to shop from your desktop. What Are Some of the Unique Features of eCommerce Technology? Branding, advertising and marketing play important roles in eCommerce. - Perform an analysis of the 8 unique features of e-commerce technology and the evidence of these features in the current state of the business. Today an e commerce company can easily sell its products to consumers residing in any part of the country. Created by. Breaks geographical barrier: Unlike traditional retail business ecommerce is not bounded by geographical barriers. Read more about Zenni. Mirrors 7Open submenu. Interactivity. Assessing Amazon e-commerce company/website in terms of the below eight unique features of e-commerce technology and the features Amazon implements well and the features it does poorly: * Ubiquity: Amazon does occur everywhere and markets globally all the time, available to its customers from anywhere and on any device. Holiday 20Open submenu. Information density. Expert Answer. internet/web tech is available everywhere. Lighting 8Open submenu. Ubiquity features, Individuals, businesses lowers transaction costs for the and governments only use one set consumer/buyer. In addition . 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