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ECommerce

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Indian/Chinese baby's first words. DOT.COM. Ten Deadly Myths of E-Commerce ... Information seekers - get info online but buy at the brick & mortar ... – PowerPoint PPT presentation

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Title: ECommerce


1
E-Commerce
Electronic Marketing
  • Internet Marketing

2
Indian/Chinese babys first words DOT.COM
3
  • Ten Deadly Myths of E-Commerce

4
  • The myth of disintermediation
  • The myth of lower costs
  • The myth of real-time product flow
  • The myth of profits dont count
  • The myth of first mover advantage

5
  • The myth of market cap worship
  • The myth of convenience and efficiency are
    everything
  • The myth of the pure play
  • The myth of valuation by publicity
  • The myth of the Internet as a whole new culture

6
  • HET Vs. TEH

7
Marketing MyopiaVs.Techno Hyperopia
8
  • You are NOT in Internet business, Web business,
    or On-Line Business
  • YOU ARE IN BUSINESS!

9
E-Commerce will Continue to Grow
  • Issues/Challenges
  • DELIVERY a fair delivery price is not a
    constant or given.
  • TRUST related issues are security and
    privacy.
  • DELAY the multidimensional pain.

10
  • COMPLEXITY Rogers alerted us to this in 1962.
  • ATTENTION banner blindness?!!
  • STREAMLINING now, everyone can have a store!
  • NEGOTIATION is it FTF?

11
What it is
Electronic commerce is the conduct of selling,
buying, or completing any business transaction
via the Web that provides many benefits for both
the buyer and seller.
12
What it isnt
  • E-commerce is not
  • Taking over the world
  • Replacing retail stores
  • The cheapest way of doing everything
  • The best way of doing anything
  • The answer to poor management of a business
  • A substitute for good marketing

13
Terrible Terminator
14
Terrific Augmenter !
15
Augmenting existing BM Information, such as
tracking Brand development and promotion Mass
customization
16
Profound Realizations
  • Not Pure Play but Mixed Mode
  • Personal Service
  • and Logistics

Success
17
Rosenbloom Special Issue Hantula Special
Issue Huang Special Issue
18
  • B M to E-Environment

19
Examples of Articles
  • Consumer information search behavior and the
    Internet
  • E-satisfaction and e-loyalty A contingency
  • framework
  • Empirical testing of a model of on-line store
  • atmospherics and shopper responses

20
continued
  • E-scapes The electronic physical environment
  • and service tangibility
  • Toward a better understanding of the interplay
  • of personal values and the Internet
  • Customer satisfaction and purchase behavior
    within an electronic supermarket service
  • Consumer adoption of the Internet The case of
  • apparel shopping

21
continued
  • Interface design effects in an on-line retail
  • setting Examining the role of emotions
  • Customer satisfaction, perceived value, and
  • loyalty The role of switching costs
  • Antecedents and consequences of technology
  • switching costs The case of
    high-technology
  • market

22
continued
  • Consumer behavior in on-line auctions An
  • examination of partitioned prices on eBay
  • Memory for advertising and information content
  • Comparing the printed page to the computer
  • screen
  • When consumers produce on the Internet The
  • relationship between cognitive-affective,
    socially-
  • based, and behavioral involvement of
    prosumers

23
continued
  • The Relative Weights of Internet Shopping
    Fundamental
  • Objectives Effect of Lifestyle Differences
  • The Effect of Flash Banners on Multi Decision
    Making
  • Distractor or Source of Arousal
  • Flow, Enduring, and Situational Involvement in
    the Web
  • Environment A Tripartite Second-Order
    Examination

24
continued
  • Herding in Online Product Choice
  • Investigating Initial Trust Toward E-tailers
    from
  • the Elaboration Likelihood Model Perspective
  • Why On-line Customers Remain with a Particular
    E-retailer An Integrative Model and Empirical
    Evidence

25
Bidgoli Internet Encyclopedia
  • Eleven Categories
  • Foundation of the Internet and web technologies
  • Infrastructure for the Internet and e-commerce
  • Design, implementation, and management of
    web-based systems

26
  • Security issues and measures for computers,
    networks, the Internet, on-line transactions
  • Legal, social, organizational, and taxation
    issues of the Internet and web technologies
  • Wireless Internet and e-commerce
  • E-Commerce fundamentals, taxonomies, and
    supporting technologies

27
  • Supply-chain management fundamentals,
    technologies, and management
  • Web design and programming
  • The Internet and e-commerce applications
  • Marketing and advertising on the web
    fundamentals, technologies, and management

28
Topic Areas
  • Examples
  • IT spending worldwide
  • Europe Internet access, demographics, usage and
    e-commerce
  • North American Internet access and usage

29
  • On-line investing
  • On-line insurance
  • Broadband subscriber update
  • Digital downloads music movies
  • Automotive industry facing the challenges of
    global oversupply

30
  • On-line search
  • Targeting the Hispanic market
  • Auctions on-line
  • Kids teens on-line
  • IT spending update

31
  • Automotive industry on-line
  • E-mail marketing
  • On-line trading B2B exchanges
  • Broadband worldwide
  • North American B2C e-commerce

32
  • Wireless world
  • Advertising spending trends on-line off-line
  • On-line selling and eCRM
  • TV on-demand
  • Travel on-line

33
  • Pharmaceutical industry on-line
  • Interactive banking
  • Electronic payments

34
Cognitive School Specifics
  • Attitudinal approach
  • Beliefs Attitudes Opinions Intentions
  • Expectations Behaviors Control
    Involvement Risk
  • Knowledge Framing Desires Memory
    Pleasure
  • Arousal Personality Emotion Self-Concept
  • Regulatory Focus Dissonance Love
    Happiness

35
Consumer Behavior Specifics
  • Shopping Buying Satisfaction
    Dissatisfaction
  • Complaint Behavior Switching Costs Brand
    Loyalty
  • Compulsive Buying Ethical Aspects Search
  • Behavior Cultural Aspects Cross-Cultural
    Aspects
  • Corporate Culture Information Overload
    Credence
  • Qualities Experiential Qualities Vicarious
    Learning

36
More Consumer Behavior Specifics
  • Psychographics Pharmaceutical Marketing
    Marketing
  • of Religion Marketing of Education Scarcity
    Theory
  • Not-for-Profit Sector Philanthropy
    Marketing of
  • Professionals Entertainment Marketing Sports
  • Marketing Effects of the Various New Laws
  • Behavior in CME

37
A Psychographic Approach All Segments
38
Information For Its Own Sake
39
Retailing or e-Tailing
  • Types of shoppers online
  • Time starved - no time to go to stores
  • Shopping avoiders - hate crowds or travel
  • New technologists - because it is cool
  • Information seekers - get info online but buy at
    the brick mortar
  • Traditionalists - prefer stores
  • Hunter gatherers - the search is the thing 20
  • Brand loyalists
  • Single shoppers

40
Green Marketing
  • Environmentally Conscious Marketing

Ecologically Conscious Marketing
41
Recycling
42
Green Energy
  • Brasil Sugar Cane Powering Autos
  • Solar Power
  • Wind Power
  • Tidal Power

43
Green Products
  • Amazon (Oxygen Factory!)
  • Adopt an Acre

44
Theory of Planned Behavior
  • Locus of control
  • Altruism
  • Environmental consciousness

45
Evolutionary Psychology
EP
46
  • Psychology
  • Schools of Thought
  • Cognitive School
  • Behaviorist School
  • Evolutionary School

47
Evolutionary Psychology
  • Base Evolutionary Biology
  • Darwinism-Gene Research-Human Genome
  • Oh, Oh, Chimps only 2 Different from Us
  • Robert Wright
  • Steven Pinker

48
From Questions of General Interest
  • Why Human Females Developed Prominent Breasts?
  • Hip to Waist Ratio A Natural Beauty
    Scale?
  • Why Women Like Male Buns?

49
To Business Topics To Marketing Topics
  • PM Articles in the New Millennium
  • Hantula PM Special Issue

50
Examples of Articles
  • Guest Editorial Evolutionary Psychology and
  • Consumption
  • An Evolutionary Psychology Perspective on Gift
    Giving Among Young Adults
  • Optimal Foraging Online Increasing Sensitivity
    to Delay
  • The Behavioral Ecology of Brand Choice How and
    What Do Consumers Maximize?
  • Intuitive Evolutionary Perspectives in Marketing
    Practices
  • Stephen M. Colarelli and Joseph R. Dettmann

51
CELEBRITIES
52
SPORTS MARKETING
53
Relationship Marketing(Outsourcing)
54
New Techniques/Models
55
Alternative Medicine
56
Positive Consumer Behavior
  • HAPPINESS
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