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E-business Part 3 of 3: Online industries

E-business Part 3 of 3: Online industries
E-Business ( 3/3) E-Business Amy Feng E-mail: [email protected] Online Industries 2 1 Introduction • Every major industry has used the Web to enhance business practices and create new markets and distribution channels • Providing unique and highly targeted information is a key to developing site traffic 3 Retailing on the Web • Retail store • Purchases goods from a wholesaler, marks up the price and then offers the products to consumers • Online retailers can communicate easily with suppliers, shipping companies and customers • Most Web retailers use the shopping-cart model exclusively • Other Web retailers integrate other models such as the auction model or price-comparison model 4 2 Retailing on the Web (cont.) • E-tailers often offer lower prices to generate brand awareness and increase site traffic • Consider if short-term losses equal long term success • Examples: • Amazon.com • Bestbuy.com • Kennethcole.com • Sharperimage.com 5 Retailing on the Web (cont.) 6 3 Retailing on the Web (cont.) 7 Retailing on the Web (cont.) 8 4 Medical Services Online • The Web gives consumers access to case studies, medical journal articles and doctors who can answer questions • Health Insurance Portability and Accountability Act (HIPAA) • Requires medical offices and other healthcare related agencies to perform many of their administrative tasks online • Examples: • WebMD • Sickbay.com • Dr.Koop 9 Medical Services Online (cont.) WebMD home page. (Copyright © 2000 WebMD Corporation. Reprinted with permission.) 10 5 Online Travel • Customers now have the power to bypass a travel agent • Discounts and low fares available online • Name-your-price for tickets, hotels and car rentals • “Last minute” fares often lower online • Examples: • Expedia.com • Travelocity • Cheaptickets.com 11 Online Travel (cont.) Travelocity home page. (Courtesy of Travelocity.) 12 6 Transportation and Shipping • The Internet adds efficiency and convenience to traditional shipping and logistics • Load Matching • Matching available truck capacity with the shipping needs of many companies that are willing to split the cost of full truckloads • Examples: • UPS • FedEX • DHL Direct • Trucking.net • Getloaded.com 13 Transportation and Shipping 14 7 Online Automotive Sites • Consumers access automobile information empowering them to make an informed buying decisions • Dealers use the Web to showcase vehicles • Online auto auctions give buyers more options • Examples: • Auto.com • Autobytel.com • Autoparts.com 15 Online Automotive Sites (cont.) Car home page. 16 8 Energy Online • Energy exchange sites allow energy providers to trade excess energy commodities, buy on auction and sell materials • 1000’s of energy commodities are sold online • Efficiency increases as supply chains are simplified • Examples: • Houstonstreet.com • Altranet • Retailenergy.com 17 Energy Online(cont.) retailenergy home page. 18 9 Online Art Dealers • Artists have access to a global audience • Web is a new medium for art • Virtual galleries give artists a chance to showcase their work • Short films are finding new fans online • Examples: • Art.com • Guild.com • AtomFilms • Art.net 19 Online Art Dealers(cont.) art home page. 20 10 Online Grocery Stores • Grocery shopping on the Web saves time • Web delivery services offer door-to-door delivery • A strong distribution network is essential to this industry • Examples: • Homegrocer.com 21 Online Grocery Stores (cont.) 22 11 Online Real Estate • An online real estate transaction reduces the effort necessary to sell or buy property • XML allows postings to be listed in multiple locations • Multiple Listing System (MLS) • Brokers can post their listings at hundreds of locations with MLS • Examples: • Apartments.com • Realty.com • Rent.net 23 Online Real Estate Apartments.com can help you find an apartment. (Courtesy of Apartments.com.) 24 12 Online Legal Services • Libraries of data available to people with a few mouse clicks • Arbitration being practiced online • Research made easier through search engine technology • Examples: • LEXIS • FindLaw • Law.com • Loislaw.com 25 Online Legal Services 26 13 Government Online • Freedom of Information Act • Gave citizens access to previously classified government data All major branches of the government have established a presence on the Web • Examples: • Whitehouse.gov 27 Government Online(cont.) The white house home page.) 28 14 Government Online(cont.) 29 Insurance Online • Insurance is complicated, the Web offers instruction and helpful documentation • Free quotes and calculators help consumers make informed decisions • Lower rates are often found on the Web • Brokers can locate new clients online • Examples: • Insweb • Prudential.com • Getmet.com 30 15 Insurance Online (cont.) Ebix.com home page. (Courtesy of ebix.com, Inc.) 31 Children Online • Children are an important market • Educational Web sites help kids learn to use advanced technology • A number of risks exist online • Many leading children’s content creators have established a presence online • Examples: • SesameStreet • Lycoszone • Educationplanet.com 32 16 Children Online (cont.) Sesameworkshop home page. 33 Purchasing Event Tickets Online • It has never been easier to purchase tickets • Long lines are prevented through home shopping • It is important to check all vendors as prices and availability may vary • Examples: • TicketMaster • TicketWeb.com • Tickets.com • Tixx.com • Culturefinder.com 34 17 Purchasing Event Tickets Online (cont.) Ticketmaster.com home page. (Used under permission of Ticketmaster Online-City Search, Inc.) 35 Future of Global e-Commerce • The Internet was initially an American medium • The vast majority of Web sites catered to English- speaking audiences • E-businesses that do not accommodate international users exclude as many as half their potential visitors • Using the Internet, businesses can communicate quickly and efficiently with suppliers and customers anywhere in the world 36 18 Thank you ~~ 37 19
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