IT 205 DQ1 Wk7 Responses

IT 205 DQ1 Wk7 Responses - 1. 2. 3. 4. How is e-commerce...

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1. How is e-commerce different from traditional retailing? 2. What are some distinguishing features of digital markets and digital goods? 3. What is your experience in purchasing online? 4. Do you prefer to shop online or via a traditional outlet? Why? Answers from classmates The biggest difference between traditional retailing and e-retailers is in the products.    Going to a  traditional retailer you exchange money for a product that you take home.    E-commerce works differently,  in exchange for money you obtain a service of electronic goods that exist only in electronic format; a data  file or a program command line for example.    Additionally, E-commerce can be used to deliver a  traditional item through package delivery service at a lower cost than traditional stores.    This also  highlights some distinguishing features.    A traditional retailer exists in a shopping center, or stand alone  building.    These are stationary locations that a consumer must visit.    E-commerce is established in a  digital data streams of the internet, users can shop from any location provided they have the devices and  programs to do so.    In the retail landscape of today with SmartPhones and PDAs even the freedom of the  days of laptops has become archaic.    These devices can be taken anywhere, allowing purchases while  waiting in line for a movie, at a bowling ally, even at a restaurant.    With the exception of one very bad  experience with PayPal the majority of my online transactions have been simple, and very satisfying, and  I have been buying online regularly since 1998.    Generally I prefer to purchase online, although there are  certain times when a brick and mortar store are required or preferable.    Sometimes there is a need to  hold an item and see it prior to purchase, or to have a tangible product immediately.    I find online  shopping much more effective as I am the type to research purchases, especially large ones before  making them.    With an online E-tailer, as they are known, I can browse the selection, read reviews, and  even make direct comparisons.    All of this without ever leaving the house or making a special trip.    Even  purchases made at a traditional retailer involve accessing the internet for research of things like best price  and direct comparisons as well as where the item is in stock.  BL I think perhaps the largest difference between e-commerce and the more traditional forms of retail lies in the fact that shopping can take place at any time or at any place. The internet is always available, so the instance of a
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This note was uploaded on 05/28/2010 for the course AAIT IT205 taught by Professor Mrhenwood during the Spring '10 term at University of Phoenix.

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IT 205 DQ1 Wk7 Responses - 1. 2. 3. 4. How is e-commerce...

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