E-Commerce - ISM3630 Dr.DaveHuff MetcalfsLaw...

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ISM 3630 Dr. Dave Huff
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Metcalf’s Law The value of a network is equal to the  square of the number of users Exponential growth Critical mass Internetworking # of users Valu e
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The Evolution of E-Commerce Parts referenced from Daniel V. Klein and John A. Foster
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Where E-commerce began Telegraph (demonstrated in 1844)  spread with the railroads in the mid  1800’s Coast-to-coast by 1861 Ordering goods and services remotely Wire transfer of funds (backed by physical  transit later on by Express) The promise of goods and of payment Transatlantic Cables – 1857-1866
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B2B, B2C, C2C. .. E-commerce can take many forms B2B, EDI/e-business Support/Service Managed Services B2C Sales, Service, Support C2C Direct sales Social Networking
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Electronic Commerce (narrow  definition) “Conducting business transactions through ‘ market- facing systems ’.” EDI orders from customers
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E-Commerce - ISM3630 Dr.DaveHuff MetcalfsLaw...

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