Question 1
a) What experiences have you had with shopping online?
I have bought a lot on ebay and at times get addicted to it. i have bought all types of things like car parts, clothes, bikes, etc. I have also sold things like my old phone that some sucker bought for way more than i thought it was worth.
b) Describe a good experience.
A good experience of buying online is when the product arrives as described and is what you thought you were purchasing
c) What did you like about the online store you used?
I like that ebay is fairly secure so there is not as much risk involved compared to some other sites.
d) Describe a bad experience.
I haven't really had a bad experience. The only thing that annoys me at times is the time span from when you buy a product til you receive it can be longer than it should be.
e) What problems did you have with the online store?
Haven't had any problems with the store so far....
f) What features make an online store more appealing?
It is often cheaper and you don't have to leave the house. It is also good if you forget a birthday you can buy the present online and send it straight to the person and blame the mail on why it was late. i.e. When I forgot to get dad a present.
g) What features make an online store less appealing?
Not knowing if the product your buying is what you actually want because you can't test it. The online risks of trusting people to send your item once you have paid.
h) Should we expect to see the prices of goods and services rise or fall due to the migration of consumers online?
Yes, prices will fall because of the online competition they now face.
Tuesday, April 14, 2009
Monday, April 6, 2009
topic 4
1) Visits: a series of requests from the same uniquely identified client with a set timeout, often 30 minutes. A visit contains one or more page views. (http://en.wikipedia.org/wiki/Web_analytics)
Page views: a request for a file whose type is defined as a page in log analysis. An occurrence of the script being run in page tagging. In log analysis, a single page view may generate multiple hits as all the resources required to view the page (images, .js and .css files) are also requested from the web server. (http://en.wikipedia.org/wiki/Web_analytics)
Bounce rate: the percentage of visits where the visitor enters and exits at the same page without visiting any other pages on the site in between. (http://en.wikipedia.org/wiki/Web_analytics) It changes all the time.
2) Three sources are direct traffic, referring sites and search engines.
The most traffic are from google.
3) Internet Explorer is the most popular, which has a 67% usage share.( http://en.wikipedia.org/wiki/Usage_share_of_web_browsers)
4) 355 visits came from 24 countries/territories.
Top three countries are Australia, United States and United Kingdom.
5)(a) What you can track
Visitors viewing the site; new vs. returning, language they use to view the page, time on site, bounce rates, browser capabilities. Traffic sources; search engines, keywords used to search.
(b) What you can track over time
New vs. returning visitors, visits per hour/day/week/month, visitor loyalty (returning), how often they visit (regency), depth (pages visited) and length of visits, and much more.
(c) What you can’t track.
The reason why they visit the site, age of the visitors (unless the site actively collects data eg survey).
6) high bounce rate: the high percentage of visits where the visitor enters and exits at the same page without visiting any other pages on the site in between. (http://en.wikipedia.org/wiki/Web_analytics)
key words: Keywords are the words that are used to reveal the internal structure of an author's reasoning. While they are used primarily for rhetoric, they are also used in a strictly grammatical sense for structural composition, reasoning, and comprehension. Indeed, they are an essential part of any language.( http://en.wikipedia.org/wiki/Keywords)
Average Page Depth: Page Depth is the average number of page views a visitor consumes before ending their session. It is calculated by dividing total number of page views by total number of sessions and is also called Page Views per Session or PV/Session.( http://en.wikipedia.org/wiki/Web_analytics)
click through rate: CTR is a way of measuring the success of an online advertising campaign. A CTR is obtained by dividing the number of users who clicked on an ad on a web page by the number of times the ad was delivered (impressions). For example, if a banner ad was delivered 100 times (impressions delivered) and one person clicked on it (clicks recorded), then the resulting CTR would be 1 percent.( http://en.wikipedia.org/wiki/Click-through_rate)
click: In the world wide web advertising industry, selection of a banner ad by a user. The effectiveness of Web advertisements are measured by their click-through rate - how often people who see the ad click on it.
Cookie: A cookie is information that a Web site puts on your hard disk so that it can remember something about you at a later time. (More technically, it is information for future use that is stored by the server on the client side of a client/server communication.) Typically, a cookie records your preferences when using a particular site. Using the Web's Hypertext Transfer Protocol (HTTP), each request for a Web page is independent of all other requests. For this reason, the Web page server has no memory of what pages it has sent to a user previously or anything about your previous visits. A cookie is a mechanism that allows the server to store its own information about a user on the user's own computer. You can view the cookies that have been stored on your hard disk (although the content stored in each cookie may not make much sense to you). The location of the cookies depends on the browser. Internet Explorer stores each cookie as a separate file under a Windows subdirectory. Netscape stores all cookies in a single cookies.txt fle. Opera stores them in a single cookies.dat file.
Cookies are commonly used to rotate the banner ads that a site sends so that it doesn't keep sending the same ad as it sends you a succession of requested pages. They can also be used to customize pages for you based on your browser type or other information you may have provided the Web site. Web users must agree to let cookies be saved for them, but, in general, it helps Web sites to serve users better. (http://searchsoftwarequality.techtarget.com/sDefinition/0,,sid92_gci211838,00.html)
Impression: An impression is each time an advertisement loads on a user's screen. Anytime you see a banner, that is an impression. ( http://en.wikipedia.org/wiki/Web_analytics)
Hyperlink: usually shortened to link, is a directly followable reference within a hypertext document.( http://en.wikipedia.org/wiki/Hyperlink)
Navigation: Navigation is the process of reading, and controlling the movement of a craft or vehicle from one place to another. It is also the term of art used for the specialized knowledge used by navigators to perform navigation tasks. The word navigate is derived from the Latin "navigare", meaning "to sail". All navigational techniques involve locating the navigator's position compared to known locations or patterns. (http://en.wikipedia.org/wiki/Navigation)
Session: A series of requests from the same uniquely identified client with a set timeout, often 30 minutes. A visit contains one or more page views.( http://en.wikipedia.org/wiki/Web_analytics)
Unique Visitors: The uniquely identified client generating requests on the web server (log analysis) or viewing pages (page tagging) within a defined time period (i.e. day, week or month). A Unique Visitor counts once within the timescale. A visitor can make multiple visits. Identification is made to the visitor's computer, not the person, usually via cookie and/or IP+User Agent. Thus the same person visiting from two different computers will count as two Unique Visitors. ( http://en.wikipedia.org/wiki/Web_analytics)
URL: is a type of Uniform Resource Identifier (URI) that specifies where an identified resource is available and the mechanism for retrieving it. In popular usage and in many technical documents and verbal discussions it is often, imprecisely and confusingly, used as a synonym for uniform resource identifier. The confusion in usage stems from historically different interpretations of the semantics of the terms involved. In popular language, a URL is also referred to as a Web address.( http://en.wikipedia.org/wiki/URL)
Visitor Session: A Visitor Session is a defined period of interaction between a Visitor (both unique and untrackable visitor types) and a website.( http://www.google.com/support/analytics/bin/answer.py?hl=en&answer=33095)
Comparison shopping: Comparison shopping clearly goes beyond comparing prices. Finding the cheapest items doesn’t usually take a great deal of effort. However, finding the best quality items for the least amount of money is another story. This is one of the reasons that comparison shopping is becoming an industry of its own.( http://www.wisegeek.com/what-is-comparison-shopping.htm)
Page views: a request for a file whose type is defined as a page in log analysis. An occurrence of the script being run in page tagging. In log analysis, a single page view may generate multiple hits as all the resources required to view the page (images, .js and .css files) are also requested from the web server. (http://en.wikipedia.org/wiki/Web_analytics)
Bounce rate: the percentage of visits where the visitor enters and exits at the same page without visiting any other pages on the site in between. (http://en.wikipedia.org/wiki/Web_analytics) It changes all the time.
2) Three sources are direct traffic, referring sites and search engines.
The most traffic are from google.
3) Internet Explorer is the most popular, which has a 67% usage share.( http://en.wikipedia.org/wiki/Usage_share_of_web_browsers)
4) 355 visits came from 24 countries/territories.
Top three countries are Australia, United States and United Kingdom.
5)(a) What you can track
Visitors viewing the site; new vs. returning, language they use to view the page, time on site, bounce rates, browser capabilities. Traffic sources; search engines, keywords used to search.
(b) What you can track over time
New vs. returning visitors, visits per hour/day/week/month, visitor loyalty (returning), how often they visit (regency), depth (pages visited) and length of visits, and much more.
(c) What you can’t track.
The reason why they visit the site, age of the visitors (unless the site actively collects data eg survey).
6) high bounce rate: the high percentage of visits where the visitor enters and exits at the same page without visiting any other pages on the site in between. (http://en.wikipedia.org/wiki/Web_analytics)
key words: Keywords are the words that are used to reveal the internal structure of an author's reasoning. While they are used primarily for rhetoric, they are also used in a strictly grammatical sense for structural composition, reasoning, and comprehension. Indeed, they are an essential part of any language.( http://en.wikipedia.org/wiki/Keywords)
Average Page Depth: Page Depth is the average number of page views a visitor consumes before ending their session. It is calculated by dividing total number of page views by total number of sessions and is also called Page Views per Session or PV/Session.( http://en.wikipedia.org/wiki/Web_analytics)
click through rate: CTR is a way of measuring the success of an online advertising campaign. A CTR is obtained by dividing the number of users who clicked on an ad on a web page by the number of times the ad was delivered (impressions). For example, if a banner ad was delivered 100 times (impressions delivered) and one person clicked on it (clicks recorded), then the resulting CTR would be 1 percent.( http://en.wikipedia.org/wiki/Click-through_rate)
click: In the world wide web advertising industry, selection of a banner ad by a user. The effectiveness of Web advertisements are measured by their click-through rate - how often people who see the ad click on it.
Cookie: A cookie is information that a Web site puts on your hard disk so that it can remember something about you at a later time. (More technically, it is information for future use that is stored by the server on the client side of a client/server communication.) Typically, a cookie records your preferences when using a particular site. Using the Web's Hypertext Transfer Protocol (HTTP), each request for a Web page is independent of all other requests. For this reason, the Web page server has no memory of what pages it has sent to a user previously or anything about your previous visits. A cookie is a mechanism that allows the server to store its own information about a user on the user's own computer. You can view the cookies that have been stored on your hard disk (although the content stored in each cookie may not make much sense to you). The location of the cookies depends on the browser. Internet Explorer stores each cookie as a separate file under a Windows subdirectory. Netscape stores all cookies in a single cookies.txt fle. Opera stores them in a single cookies.dat file.
Cookies are commonly used to rotate the banner ads that a site sends so that it doesn't keep sending the same ad as it sends you a succession of requested pages. They can also be used to customize pages for you based on your browser type or other information you may have provided the Web site. Web users must agree to let cookies be saved for them, but, in general, it helps Web sites to serve users better. (http://searchsoftwarequality.techtarget.com/sDefinition/0,,sid92_gci211838,00.html)
Impression: An impression is each time an advertisement loads on a user's screen. Anytime you see a banner, that is an impression. ( http://en.wikipedia.org/wiki/Web_analytics)
Hyperlink: usually shortened to link, is a directly followable reference within a hypertext document.( http://en.wikipedia.org/wiki/Hyperlink)
Navigation: Navigation is the process of reading, and controlling the movement of a craft or vehicle from one place to another. It is also the term of art used for the specialized knowledge used by navigators to perform navigation tasks. The word navigate is derived from the Latin "navigare", meaning "to sail". All navigational techniques involve locating the navigator's position compared to known locations or patterns. (http://en.wikipedia.org/wiki/Navigation)
Session: A series of requests from the same uniquely identified client with a set timeout, often 30 minutes. A visit contains one or more page views.( http://en.wikipedia.org/wiki/Web_analytics)
Unique Visitors: The uniquely identified client generating requests on the web server (log analysis) or viewing pages (page tagging) within a defined time period (i.e. day, week or month). A Unique Visitor counts once within the timescale. A visitor can make multiple visits. Identification is made to the visitor's computer, not the person, usually via cookie and/or IP+User Agent. Thus the same person visiting from two different computers will count as two Unique Visitors. ( http://en.wikipedia.org/wiki/Web_analytics)
URL: is a type of Uniform Resource Identifier (URI) that specifies where an identified resource is available and the mechanism for retrieving it. In popular usage and in many technical documents and verbal discussions it is often, imprecisely and confusingly, used as a synonym for uniform resource identifier. The confusion in usage stems from historically different interpretations of the semantics of the terms involved. In popular language, a URL is also referred to as a Web address.( http://en.wikipedia.org/wiki/URL)
Visitor Session: A Visitor Session is a defined period of interaction between a Visitor (both unique and untrackable visitor types) and a website.( http://www.google.com/support/analytics/bin/answer.py?hl=en&answer=33095)
Comparison shopping: Comparison shopping clearly goes beyond comparing prices. Finding the cheapest items doesn’t usually take a great deal of effort. However, finding the best quality items for the least amount of money is another story. This is one of the reasons that comparison shopping is becoming an industry of its own.( http://www.wisegeek.com/what-is-comparison-shopping.htm)
Topic 3
1.Customer centric websites are vital to orgnisations because once the customer is on the site they are able to buy or just leave the site. If the website is interesting for the customer they are likely to look around the site and view your products and services and even come back. For this to be achieved the site needs to be easy to navigate from the home page through to product sales, location of stores and contact information.
Customers are time poor and want to find what they are looking for fast. So businesses need to know what to put on the website to attract customers. Less is better because items are easier to find, customers don’t want to be wasting their time looking for the product they want. Customer centric websites are becoming so important that it is extremely important for it to be designed on a customer basis.
2. Presence: ensuring you have an immediate, engaging and lasting impression. Customers cannot buy your product if they cannot find it.
Like the physical world a business wants customers to keep coming back to their site which can be achieved through design, easy navigation, how long it takes to download and new content.
Businesses on the web should be concerned about businesses that operate in the physical world because they need the web to interact with customers. In saying this, businesses with a physical presence should also be concerned with the web based businesses because more and more people are shopping online.
3. Real estate agents can gain a lot through the use of the internet. Obviously the listing of all their properties is the main advantage but how long would it take to find the property you are looking for? easy clients can use a search to minimise the number of properties that most suits them. Virtual tours can be available as well as more pictures that you cannot use in a newspaper.
Mass media advertising is important for real estate agents because it provides them with access to people who do not have access to the internet. Newspapers, T.V and radio are the main areas you will find real estate agents advertising their properties to access as many people as possible.
Personal contact for the agent is important because it provides a relationship between the agent and the client. The agent is integral to the sale of the property between seller and buyer and this is why the personal contact is so important.
Customers are time poor and want to find what they are looking for fast. So businesses need to know what to put on the website to attract customers. Less is better because items are easier to find, customers don’t want to be wasting their time looking for the product they want. Customer centric websites are becoming so important that it is extremely important for it to be designed on a customer basis.
2. Presence: ensuring you have an immediate, engaging and lasting impression. Customers cannot buy your product if they cannot find it.
Like the physical world a business wants customers to keep coming back to their site which can be achieved through design, easy navigation, how long it takes to download and new content.
Businesses on the web should be concerned about businesses that operate in the physical world because they need the web to interact with customers. In saying this, businesses with a physical presence should also be concerned with the web based businesses because more and more people are shopping online.
3. Real estate agents can gain a lot through the use of the internet. Obviously the listing of all their properties is the main advantage but how long would it take to find the property you are looking for? easy clients can use a search to minimise the number of properties that most suits them. Virtual tours can be available as well as more pictures that you cannot use in a newspaper.
Mass media advertising is important for real estate agents because it provides them with access to people who do not have access to the internet. Newspapers, T.V and radio are the main areas you will find real estate agents advertising their properties to access as many people as possible.
Personal contact for the agent is important because it provides a relationship between the agent and the client. The agent is integral to the sale of the property between seller and buyer and this is why the personal contact is so important.
topic 5
Business Models and their features:
Brokerage – help buyers connect up to sellers for a small fee, e.g. Ebay & Amazon
Advertising – the company pays a site a fee to allow their add to be displayed on their website. There are also search adds which show up when you search for their related product or service. E.g. intromercials & classifieds
Infomediary – a site that gathers data and organises it for another business, e.g. DoubleClick & Netratings
Merchant – wholesalers and retailers who sell goods and services, e.g. Amazon
Manufacturer (Direct) – allows the company who created the product or service to deal with buyers directly.
Affiliate – produces purchasing opportunities wherever people are web surfing, e.g. Barnes and Noble
Community – Sites run by the community, e.g. wikipedia
Subscription – users subscribe to a website pay a fee, on a daily, weekly or monthly basis. This way the user can use the content of the site, e.g. a service.
Utility – based upon a pay-as-you-go, like a subscription model but you are only charged when you use it, e.g. Slashdot
1) Mobile phone use per 100 people
Australia = 102.5
USA = 83.5
China = 41.2
India = 20.0
2) Internet use per 100 people
Australia = 54.2
USA = 71.9
China = 15.8
India = 6.9
3)Strength - performs well in buyer sophistication, even though the rank isn't that high the score compares well to the top countries; cost of a telephone call ranks well against most other developed countries. Weakness - ranks lowly for the internet access in school, while the actual education level is higher; ranks lowly compared to other developed countries (USA, UK, Germany, Japan) in terms of high speed monthly broadband subscriptions. (General Information Technology report - Individual Readiness)
4)The IT readiness of Australian consumers scored 5.12 where as the IT readiness of Australian business scored 5.02. with seven being the highest and 1 the lowest, Australia’s consumers and business readiness is above average.
Brokerage – help buyers connect up to sellers for a small fee, e.g. Ebay & Amazon
Advertising – the company pays a site a fee to allow their add to be displayed on their website. There are also search adds which show up when you search for their related product or service. E.g. intromercials & classifieds
Infomediary – a site that gathers data and organises it for another business, e.g. DoubleClick & Netratings
Merchant – wholesalers and retailers who sell goods and services, e.g. Amazon
Manufacturer (Direct) – allows the company who created the product or service to deal with buyers directly.
Affiliate – produces purchasing opportunities wherever people are web surfing, e.g. Barnes and Noble
Community – Sites run by the community, e.g. wikipedia
Subscription – users subscribe to a website pay a fee, on a daily, weekly or monthly basis. This way the user can use the content of the site, e.g. a service.
Utility – based upon a pay-as-you-go, like a subscription model but you are only charged when you use it, e.g. Slashdot
1) Mobile phone use per 100 people
Australia = 102.5
USA = 83.5
China = 41.2
India = 20.0
2) Internet use per 100 people
Australia = 54.2
USA = 71.9
China = 15.8
India = 6.9
3)Strength - performs well in buyer sophistication, even though the rank isn't that high the score compares well to the top countries; cost of a telephone call ranks well against most other developed countries. Weakness - ranks lowly for the internet access in school, while the actual education level is higher; ranks lowly compared to other developed countries (USA, UK, Germany, Japan) in terms of high speed monthly broadband subscriptions. (General Information Technology report - Individual Readiness)
4)The IT readiness of Australian consumers scored 5.12 where as the IT readiness of Australian business scored 5.02. with seven being the highest and 1 the lowest, Australia’s consumers and business readiness is above average.
Tuesday, March 17, 2009
Topic 2
Question 1- Part 1(a)- The first main point that Michael makes is that there is a problem with the amount of information that is on the internet. A lot of the information kept on the the net is only relevant for a short period of time but gets file away.
The second main point is that the majority of people using search engines are not aware on how to search effectively or how the search engines work.
The third main point addresses a similar problem, that is how Businesses make sure they are able to be found by people interested in their products.
The last main point that Michael makes relates to the growth in paid advertising in search engines, Meaning a company may pay money to a search company in order for them to appear at the top or close to the top of the results page. This is a major problem if the person searching for a product isn't aware that a business is paying to be at the higher end of the list.
Question 1- Part 1(b)- I was interested in the way Google take ideas from everyone whether it be from their users or their executives. I believes this shows their good business sense and keeps them aware of the market changes happening in its field and allows it to stay on top. I also found the time frames that Marissa gave for voice and image search. I believe this will be a very helpful piece of technology when it becomes available
It was also interesting to see Marissa's opinion on mobile search and advertisement as I have an iPhone and seem to get bombarded with advertising from every application i open. Another thing I Found it interesting is that they try aim to have 25% of their engineers female. I found this strange as i would have thought they would just simply want the best engineers and not worry what sex they were.
Saturday, March 7, 2009
topic 1 answers
Question 1-Internet risks-Give examples of four things that can go wrong with a transactional site?
-General website flakiness that means the page could be slow in loading and customers maybe clicking buttons but the page hasn't loaded causing mutiple demands, or result in frustation and abandoning site.
-Incorrect behaviour during an order causing an order to be lost or cancelled
-Details on order maybe illegaly obtained and used.
-Goods may not be what were expected.
Question 2-
E-commerce-the buying and selling of products or services over electronic systems such as the Internet and other computer networks.
E-business-The utilization of information and communication technologies (ICT) in support of all the activities of business.(wikipedia.org)
Question 3- Difference between buy side and sell side of eCommerce?-
The buy side refers to firms which buy and sell as customers of these market makers, usually taking speculative positions or making relative value trades. Buy side firms participate in a smaller number of overall transactions, and aim to profit from market movements and accruals rather than through risk management and the bid-offer spread.
The sell side refers to firms that take orders from Buy side firms and then work the orders. This is typically achieved by splitting them into smaller orders which are then sent directly to an exchange or to other firms.
Question 4-Different types of eBusiness-
B2B- is business to business this could be from a manufacturer to wholesaler or wholsaler to retailer, It is where both groups involved are businesses.
B2C- Is when a business serves a consumer with an end product or service.
B2G- Is marketing products and services to government agencies through integrated marketing communications techniques such as web-based communications.
C2C- Is one consumer selling to another via a third party. An example of this is ebay where ebay allows consumers to sell goods to each other while taking a fee for its service.
B2E- Is a business using uses an intrabusiness network which allows companies to provide products and/or services to their employees. an example of this would be offering employee discounts.
C2B- Is an electronic commerce business model which reverses the normal B2C Model and allows a consumer to offer goods or a service to a business.
G2B- Is the online non-commercial interaction between local and central government and the commercial business sector.
G2G- Is the same as G2B but instead of the end service going to a business it goes to another government department.
G2C- Is when Government sectors become visibly open to the public domain via a Web Portal. making public services and information accessible to all.(wikipedia.org)
Question 5- What Technology has the highest penatration rate?-
Mobile phones have the highest rate of penetration with 85% and growing fast. The rate of penetration for digital tv and broadband internet is also growing very quickly with suppliers unable to supply consumers at the rate required.(http://www.researchandmarkets.com/)
-General website flakiness that means the page could be slow in loading and customers maybe clicking buttons but the page hasn't loaded causing mutiple demands, or result in frustation and abandoning site.
-Incorrect behaviour during an order causing an order to be lost or cancelled
-Details on order maybe illegaly obtained and used.
-Goods may not be what were expected.
Question 2-
E-commerce-the buying and selling of products or services over electronic systems such as the Internet and other computer networks.
E-business-The utilization of information and communication technologies (ICT) in support of all the activities of business.(wikipedia.org)
Question 3- Difference between buy side and sell side of eCommerce?-
The buy side refers to firms which buy and sell as customers of these market makers, usually taking speculative positions or making relative value trades. Buy side firms participate in a smaller number of overall transactions, and aim to profit from market movements and accruals rather than through risk management and the bid-offer spread.
The sell side refers to firms that take orders from Buy side firms and then work the orders. This is typically achieved by splitting them into smaller orders which are then sent directly to an exchange or to other firms.
Question 4-Different types of eBusiness-
B2B- is business to business this could be from a manufacturer to wholesaler or wholsaler to retailer, It is where both groups involved are businesses.
B2C- Is when a business serves a consumer with an end product or service.
B2G- Is marketing products and services to government agencies through integrated marketing communications techniques such as web-based communications.
C2C- Is one consumer selling to another via a third party. An example of this is ebay where ebay allows consumers to sell goods to each other while taking a fee for its service.
B2E- Is a business using uses an intrabusiness network which allows companies to provide products and/or services to their employees. an example of this would be offering employee discounts.
C2B- Is an electronic commerce business model which reverses the normal B2C Model and allows a consumer to offer goods or a service to a business.
G2B- Is the online non-commercial interaction between local and central government and the commercial business sector.
G2G- Is the same as G2B but instead of the end service going to a business it goes to another government department.
G2C- Is when Government sectors become visibly open to the public domain via a Web Portal. making public services and information accessible to all.(wikipedia.org)
Question 5- What Technology has the highest penatration rate?-
Mobile phones have the highest rate of penetration with 85% and growing fast. The rate of penetration for digital tv and broadband internet is also growing very quickly with suppliers unable to supply consumers at the rate required.(http://www.researchandmarkets.com/)
Question 6- List::Four drivers to adoption of sell-side eCommerce by business-
Increasing speed with which supplies can be obtained
Increasing speed with which goods can be dispatched
Reduced sales and purchasing costs
Reduced operating costs.
Question 7- Four barriers to adoption of sell-side eCommerce by business
-Initial set up costs and ongoing fees
-Reliability problems/concerns
-Security/protection concerns
-Lack of skills staff/customer/supplier
Question 8- How might a resturant in Sturt St Ballarat benifit from an online presence?-
If a resturant in Ballarat was online it would have greater exposure to anyone wanting to dine out in Ballarat. This is becaue a higher percentage of people will now research online. This could simply be a couple heading to Ballarat for the weekend, Before leaving they could get on the internet and look at where they want to go. If a resturant was online they would have an advantage over any other resturant because people could get there contact details and possibly a menu before leaving their home.
Question 9- What are some examples of Digital information?-
Some examples of digital information could be the use of the internet to get information across. The new emerging form is through the use of mobile phones where you can now use digital information to adcertise via downloaded games etc.
Question 10-What is the Semantic web? Are we there yet?- The Semantic Web is not a separate Web but an extension of the current one, in which information is given well-defined meaning, better enabling computers and people to work in cooperation.
The semantic web is up and running but it will be continually improving, It has not yet reached it's full potential(semanticweb.org).
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