eCommerce Entities
by joshua boswell
1. Financial
1.1. Payment Methods
1.1.1. Paypal
1.1.2. DaoPay
1.1.3. e Trust
1.2. Ability to transfer money between different accounts over the internet.
1.3. Online Banking
1.3.1. Lloyds TSB
1.3.2. Barclays
1.3.3. Santander
1.4. Allows you to make online purchases from anywhere with an internet providers
1.5. they provide a financial backing online e.g. PayPal services, internet banking and etc.
1.6. Drawback - the security may be a concern as customers confidential information may be intercepted, people may use simple PIN numbers which can be easily guessed and changed
2. Etailers
2.1. Etailers Examples
2.1.1. Ebay
2.1.2. Play.com
2.1.3. Amazon
2.2. Etailers are online shops that people use to buy products from all over the world.
2.3. Benefit - they offer a wide selection of products and customers can buy products 24/7
2.4. Drawback - the products may be damaged or different than shown on the online website. or if the website goes down, people will not be able to buy any products.
3. Consumer Led
3.1. Responding to the needs of the providers and that the customers are responsible for the buying and selling of goods and that the products are based on the customers needs.
3.2. benefit - it changes the product to the customers needs and liking
3.3. drawback - it may cause controversy as they may not be able to use all the customers recommended.
4. Customer Perspective
4.1. Customer Perspective is where customers can get more high value items, extended guarantees, low prices, discounts and other benefits as more shops are trying to persuade the customer to buy the product straight away.
4.2. customers are able to get more products for their money
4.3. Security has improved a lot so more people choose to buy online rather from the high street
5. Impact on Economy
5.1. Increasing Import from other countries will lower jobs in UK as more products are imported.
5.2. We are also exporting goods as websites are becoming known around the world.
5.3. they are more people importing products but not exporting enough so people are losing jobs in the recent economy
5.4. less money is being made as less products are being exported so less VAT and Tax is being made so the government are losing money from imports.
6. Service Providers
6.1. Provides services for people online
6.2. Service Provider Examples
6.2.1. BT
6.2.1.1. Provides broadband, telephone and phone access
6.2.2. NHS
6.2.2.1. Provides medical details, appointments and schedules on the internet
6.2.3. National Rail
6.2.3.1. able to check train times and where they are going to online
6.3. benefit - they provide a range of services and support very quickly and 24/7
6.4. drawback - they may not be very reliable as they may not be updated as often as they should which can cause delays in the system.
7. Manufacturers
7.1. these sell products directly to the product
7.2. Example of Manufacturers
7.2.1. Dell
7.2.2. HP
7.2.3. Apple
7.2.4. Apple
7.2.5. HP