Post on 03-Nov-2014
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Electronic Marketing
The Short History of E-Business
The Internet was created only 30 years agoElectronic mail was introduced in 1972 In the mid-eighties, desktop operating systems (PCs)
surfaced and the modern day Internet began to take shape
In 1990, the first World Wide Web software was developed by Tim Berners-Lee
In the early ‘90s commercial dial-up services were introduced
04/08/2023
The Short History of E-Business
2004 Joel Reedy and Shauna Schullo
In 1992, the real e-business economy beganBy 1993, over 100 countries had an online presenceWithin the year, commercial users outnumbered
academic users for the first timeBy the mid-nineties, e-commerce became attractive to
business In 1997, virtually every major company, organization,
government and news service had a presence on the Web
The Short History of E-Business
Vertical companies such as Amazon.com took the next step and actually started performing business on the Web
Some would call the first wave of e-business “brochureware”
In the next wave, supply chain issues started to be addressed
How are B2B Firms Taking to the Web?
Common objectives, performance metrics, and work cultures are changing
A transition to e-business has a much better environment for success
E-business is driving nearly 30% of all business partners and value chain interactions among large organizations
Exponential growth is expected as the e-business model extends to all areas of the marketplace
How are B2B Firms Taking to the Web?
E-business grew at a steady pace of less than 25% annually among pioneers
The number of organizations using e-business is nearly doubling each year
Compared to the growth of e-commerce, e-business is being implemented at a far faster rate
B2B will encompass about $5 trillion in economic activity in 2005
Only half the companies surveyed by META Group perceived e-business to have a significant impact on their industries to date
What Might E-B2B Bring the American Economy?
Experts forecast that in the e-commerce sector e-business-to-business will dominate e-business-to-consumer revenues by approximately 90% in the year 2003
The total world wide value of goods and services purchased by business through e-commerce solutions will reach 5.8 trillion by 2006, with e-marketplaces capturing the largest share of the market
Conversion from Traditional Business Practices to an E-Business Proposition
The notion that e-business is the same as e-commerce is not holding true
Both feature online communications and performanceE-business is the business portion of e-commerce It is growing more complex to organize Its confusing terminologies and unfounded expectations
are hindering proper e-business and e-marketing implementation
Conversion from Traditional Business Practices to an E-Business Proposition
E-commerce Deals with using the Internet, digital communications, and
IT applications to enable the buying/selling processE-business
Involves the continuous optimization of an organization’s value proposition and value-chain positions through the adoption of digital technology and the use of the Internet as the primary communications medium
Conversion from Traditional Business Practices to an E-Business Proposition
There are two approaches to making the transition to e-business
Take an evolutionary approach Use new technology to enhance your current business
modelTake a transformational approach
Reconfigure your business and value propositions with the technology to reconfigure and reinvent your business