Online Business
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Figure: E-commerce
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The global business is integrating with the online systems. They operate business activities from their online system and servers. Large number of activities can be performed through their online servers. Google, Amazon, EBay, Alibaba are the huge range online business companies. They are based on the online activities. Now , the Alibaba group of company is contributing new concept through the participation of small business. Now the Alibaba has the largest customers in the world. The Alibaba's concept is creating ecology in the business environment. They sell almost all things which is accepted by legal authorities.
Electronic commerce, commonly written as e-commerce, is the trading or facilitation of trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.
How e-commerce operate their activities
Online shopping web sites for retail sales direct to consumers
Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales
Business-to-business buying and selling
Gathering and using demographic data through web contacts and social media
Business-to-business electronic data interchange
Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
Engaging in pretail for launching new products and services employ some or all of the following:
Online shopping web sites for retail sales direct to consumers
Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales
Business-to-business buying and selling
Gathering and using demographic data through web contacts and social media
Business-to-business electronic data interchange
Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
Engaging in pretail for launching new products and services
Online advertising, also called online marketing or Internet advertising or web advertising, is a form of marketing and advertising which uses the Internet to deliver promotional marketing messages to consumers. It includes email marketing, search engine marketing (SEM), social media marketing, many types of display advertising (including web banner advertising), and mobile advertising. Like other advertising media, online advertising frequently involves both a publisher, who integrates advertisements into its online content, and an advertiser, who provides the advertisements to be displayed on the publisher's content. Other potential participants include advertising agencies who help generate and place the ad copy, an ad server which technologically delivers the ad and tracks statistics, and advertising affiliates who do independent promotional work for the advertiser
Types of Ecommerce
Business to Business Ecommerce (B2B Ecommerce)
In this type of ecommerce, both participants are businesses. As a result, the volume and value of B2B ecommerce can be huge. An example of business to business ecommerce could be a manufacturer of gadgets sourcing components online.
Business to Consumer Ecommerce (B2C Ecommerce)
When we hear the term ecommerce, most people think of B2C ecommerce. That is why a name like Amazon.com pops up in most discussions about ecommerce. Elimination of the need for physical stores is the biggest rationale for business to consumer ecommerce. But the complexity and cost of logistics can be a barrier to B2C ecommerce growth.
Consumer to Business Ecommerce (C2B Ecommerce)
On the face of it, C2B ecommerce seems lop-sided. But online commerce has empowered consumers to originate requirements that businesses fulfil. An example of this could be a job board where a consumer places her requirements and multiple companies bid for winning the project. Another example would be a consumer posting his requirements of a holiday package, and various tour operators making offers.
Consumer to Consumer Ecommerce (C2C Ecommerce)
The moment you think of C2C ecommerce eBay.com comes to mind. That is because it is the most popular platform that enables consumers to sell to other consumers. Since eBay.com is a business, this form of ecommerce could also be called C2B2C ecommerce (consumer to business to consumer ecommerce).
That is not all. Employees can be regarded as a special type of consumer. That would give rise to a new type of ecommerce: B2E (Business to Employee ecommerce).
Likewise if we consider Government to be separate entity, as also Citizens, we can come up with many more types of ecommerce: B2G (Business to Government), G2B (Government to Business), G2E (Government to Employee), G2G (Government to Government), G2C (Government to Citizen), C2G (Citizen to Government).
Some big e-commerce companies
1.Google
Google’s mission is to organize the world’s information and make it universally accessible and useful. Our company has packed a lot into a relatively young life. Since Google was founded in 1998, we’ve grown to serve millions of people around the world. Founders Larry Page and Sergey Brin met at Stanford University in 1995. By 1996, they had built a search engine (initially called BackRub) that used links to determine the importance of individual webpages.
Larry and Sergey named the search engine they built “Google,” a play on the word “googol,” the mathematical term for a 1 followed by 100 zeros. Google Inc. was born in 1998, when Sun co-founder Andy Bechtolsheim wrote a check for $100,000 to that entity—which until then didn’t exist.
In 2000, we introduced AdWords, a self-service program for creating online ad campaigns. Today our advertising solutions, which include display, mobile and video ads as well as the simple text ads we introduced more than a decade ago, help thousands of businesses grow and be successful
The first “Google doodle” in 1998 was intended to let visitors to the homepage know that Google’s minders were offline at the Burning Man Festival in Nevada. There’s now a team of “doodlers” and we’ve posted more than 2,000 different doodles on homepages worldwide.
We acquired digital mapping company Keyhole in 2004, and launched Google Maps and Google Earth in 2005. Today Maps also features live traffic, transit directions and street-level imagery, and Earth lets you explore the ocean and the moon.
On April Fools' Day in 2004, we launched Gmail. Our approach to email included features like speedy search, huge amounts of storage and threaded messages.
In 2006, we acquired online video sharing site YouTube. Today 60 hours of video are uploaded to the site every minute. Cat videos, citizen journalism, political candidacy and double rainbows have never been the same.
Amidst rumors of a “Gphone,” we announced Android—an open platform for mobile devices—and the Open Handset Alliance, in 2007.
Word got out about Google Chrome a day ahead of schedule when a comic book introducing our new open source browser was shipped earlier than planned. We officially launched on September 2, 2008.
Larry Page, Google’s original CEO until 2001, took up the title again in April 2011. Eric Schmidt, now our executive chairman, served in the role for 10 years
Source: www.google.com
2. Alibaba group of Company
Alibaba Group’s mission is to make it easy to do business anywhere.
We operate leading online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. They provide technology and services to enable consumers, merchants, and other participants to conduct commerce in our ecosystem.
Vision
They aim to build the future infrastructure of commerce. They envision that our customers will meet, work and live at Alibaba, and that we will be a company that lasts at least 102 years.
Alibaba Group was founded in 1999 by 18 people led by Jack Ma, a former English teacher from Hangzhou, China. Our founders started our company to champion small businesses, in the belief that the Internet would level the playing field by enabling small enterprises to leverage innovation and technology to grow and compete more effectively in the domestic and global economies.
Meet @ Alibaba
We enable millions of commercial and social interactions among our users, between consumers and merchants, and among businesses every day.
Work @ Alibaba
We empower our customers with the fundamental infrastructure for commerce and data technology, so that they can build businesses and create value that can be shared among our ecosystem participants.
Live @ Alibaba
We strive to expand our products and services to become central to the everyday lives of our customers.
102 Years
For a company that was founded in 1999, lasting at least 102 years means we will have spanned three centuries, an achievement that few companies can claim. Our culture, business models and systems are built to last, so that we can achieve sustainability in the long run.
source: alibaba.com
3. Amazon
Amazon Fulfillment Network
We're extremely proud of our U.S. fulfillment network, which includes more than 50 fulfillment centers, over 15 sortation centers, and more than 50,000 full-time Amazon employees. All our fulfillment centers feature cutting-edge technology, and we recently unveiled our eighth generation fulfillment centers, which use Amazon robotics, vision systems and almost 20 years' worth of software and mechanical innovations. We've also recently created thousands of full-time jobs across our fulfillment centers—and we're still hiring.
Fulfillment Center Pay
Median pay inside our fulfillment centers is 30 percent higher than that of employees in traditional retail stores. And, in addition to highly competitive wages, we offer comprehensive benefits starting on day one, bonuses and stock awards.
As a way of finding high-quality permanent employees and to manage variation in customer demand, we also employ seasonal associates. On average, seasonal associates earn 95 percent of Amazon permanent starting wages. During the holidays, seasonal associates play a critical role in helping meet increased demand from customers. In 2013, we hired more than 20,000 employees into full-time jobs at our U.S. fulfillment centers and more than half of them started as seasonal employees.
Career Choice Program
We also offer our employees innovative programs like Career Choice, where we pre-pay up to 95 percent of tuition for courses related to in-demand fields, regardless of whether the skills are relevant to a career at Amazon. Since the program's launch, employees are pursuing degrees in game design and visual communications, nursing, IT programming and radiology, to name a few. Top chosen fields of study for Amazon employees are computer and information technology, health and sciences, and
Kaizen & Defect Reduction
We continuously work to streamline our processes and eliminate defects. Doing so drives a better customer experience, including faster delivery and lower costs that enable us to lower prices for customers. We use many systematic methods to make work processes easier and more efficient, including the "Kaizen" program, named for the Japanese term meaning "change for the better."
Through the Kaizen program, employees participate in small teams to identify waste and streamline processes. In 2014, more than 2,300 associates participated in 725 Kaizen activities. For example, a team at Amazon's Las Vegas, Nevada fulfillment center streamlined the customer returns process improving productivity 34 percent, eliminating excess walking distance by 128,000 ft. per day, and reducing work in process by 46 percent.
We strive for continuous improvement, and we understand that our progress depends on good execution and good judgment from thousands of employees. Together, we're working hard to make sure that we are better tomorrow than we are today.
In December 2014, Amazon unveiled its eighth generation fulfillment centers, which include robotics, vision systems and almost 20 years' worth of software and mechanical innovations to fulfill our customers' orders.
The technology in our eighth generation FCs include:
- More than 15,000 material-handling robots that automatically bring customer orders to our employees to pack and ship;
- Robo-Stow, one of Earth's largest robotic arms moving large quantities of inventory for customer order fulfillment;
- New vision systems enabling the unloading and receipt of an entire trailer of inventory in as little as 30 minutes instead of hours; and
- New, high-end graphically-oriented computer systems for employees to use while
source: amazon.com
3. EBay
For 20 years, we've been working to create more economic opportunity for everyone. And we're just getting started.
Whether you are buying new or used, plain or luxurious, commonplace or rare, trendy or one-of-a-kind – if it exists in the world, it probably is for sale on eBay. Our mission is to be the world’s favorite destination for discovering great value and unique selection.
We give sellers the platform, solutions, and support they need to grow their businesses and thrive. We measure our success by our customers' success.
After spending Labor Day weekend at home writing code on his personal computer, eBay founder Pierre Omidyar launches Auction Web, a site "dedicated to bringing together buyers and sellers in an honest and open marketplace.
Canadian Mark Fraser purchased the first item that eBay founder Pierre Omidyar listed on the site in 1995 -- a broken laser pointer.A story is circulated that Pierre created eBay to help his wife collect Pez candy dispensers. Later, it’s revealed that the story was a fabricated one.
Pierre hires employee #1, Chris Agarpao, to help coordinate the fast-growing company’s online operations. Twenty years later, Chris is still an eBay employee.
The total value of merchandise sold on AuctionWeb reaches $7.2 million.Pierre quits his day job to devote himself fulltime to his innovative auction website and brings Jeff Skoll on board as President.
Pierre and Jeff rent a small suite (250) at 1025 Hamilton Avenue in San Jose, CA, in what’s now known as Building 6 (Music) on the current eBay campus.We introduce Feedback Forum, allowing our members to rate their transactions and create a virtual community of openness and confidence.We sell our millionth item! A Big Bird jack-in-the-box toy from PBS’ Sesame Street.
Since our founding, we've understood our opportunity to drive both strong business performance and positive social and environmental change. We continue to challenge ourselves to innovate, build great partnerships, and apply the full breadth of our assets toward achieving lasting impact. Our Social Innovation work centers on Powering Giving and Enabling Greener Commerce, as well as creating economic opportunity through our core business and eBay Foundation's strategic grant making.
Throughout the Global Impact section, we outline our current Social Innovation work as well as our efforts to affect industry-shifting policy change through our Government Relations and our Responsible Practices. Historical information on our Social Innovation efforts can be found in the A
Our approach to charitable giving is grounded in what we do best – technology-enabled commerce. We’re building new solutions that take advantage of our unique assets to rally our customers in support of charitable causes. Through our people, technology, and scale, we foster powerful connections, which result in critical support for non-profits around the world. Below is a glimpse of our efforts in 2014.
source: ebay.com
The global trade is now becoming as a part of e-commerce. Online sales, purchase, facilitations directly involves with the customers and suppliers. The networking between the seller and buyer through e-commerce company generates a virtual network of business. The advanced business system software performs various transactions efficiently and effectively with customers.