DEPARTMENT OF MANAGEMENT AND MARKETING
MKT 667:  MARKETING PLANNING AND APPLICATION
HONG KONG SECTION

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E-Commerce Overview Assignment

RATIONALE

Electronic Commerce (E-Commerce) is rapidly becoming a mainstream marketing tool.  It can be a firm's only medium in reaching its customers, or it can be an important facet of a comprehensive marketing program.  It can have a customer contact focus, or be integrated throughout the business processes of the organization.  While business-to-consumer applications have attracted wide attention, business-to-business/government applications account for over 85% of E-Commerce sales volume.  This success has forced virtually every firm to examine the tools of E-Commerce in the effort to achieve/maintain competitive advantage.  This exercise will provide an overview to this important field and its application in modern, global marketing.

OBJECTIVES

At the conclusion of this exercise, you will be able to:

  1. discuss alternative approaches to using the Internet for commercial purposes,
  2. discuss the current situation and emerging trends in electronic commerce
  3. locate and  evaluate business-to-business E-Commerce sites, and
  4. locate and evaluate business-to-consumer E-Commerce sites.

RESEARCH ACTIVITIES

This is a team research project.  It is not necessary that each team member visit every site or read every resource.  It is important, however, that you organize your research so that each member shares his/her conclusions, observations and evaluations with other team members.

Using your WWW browser, review the following sites related to E-Commerce.  Visit the E-Commerce links and select one of them, OR ANY OTHER RELEVANT SITE, for evaluation in your team report.  You will notice a decidely U.S. bent to the sites linked here.  Feel free to include sites from anywhere in the world in your analysis.  If the site is not in English or German, please be ready to explain its contents to me as part of your report.

Begin your research by reading the following articles on Web-based commerce and the globalization of that process.  Though written in 1995, the first article offers an excellent overview of the commercial opportunities presented by the Web and the approaches firms have used to exploit them.  The second is a special report in Information Week, which documents the integration of Web commerce and global marketing.  This is a most significant development for managers charged with creating marketing strategies from a global perspective.  

  1. Hoffman, Novak and Chatterjee (JCMC: 1995), Commercial Scenarios for the Web: Opportunities and Challenges

  2. Information Week's Special Report on "Globalization," January 18, 1999.

Monitoring the Electronic Economy
The Emerging Digital Economy II June 1999 Department of Commerce report on electronic commerce
FlashCommerce Daily newsletter for E-Commerce and Small Business
ActivMedia Collection of research studies on E-Commerce
NUA Internet Surveys Collection of survey research related to E-Commerced
Internet.com's E-Commerce Guide  Electronic commerce resource site
WWW Demographics Demographic data on Internet users
PC Week's Top 10 E-Commerce Sites E-Commerce"best practices" sites
Project 2000 Vanderbilt's E-Commerce center
E-Business Research Center Penn State's collection of academic research on E-Business

Business-to-Business/Government E-Commerce Sites

TPN Homepage Business-to-business marketing on General Electric's TPN network
Access Global Business Global business-to-business trade leads and offers
FreeMarkets.com An auction based business-to-business site
ProcureNet Business-to-business site focusing on maintenance, repair and operations (MRO) purchases
Fed EC E-Commerce policies of the United States government
Cisco Systems Multi-billion dollar site for supplier of networking equipment
VerticalNet A collection of industry specific vertical electronic communities

Business-to-Consumer E-Commerce Sites

Downtown Anywhere(sm) - Front Street several sites The Hall of Malls shop til you drop the WWW way
Welcome to Travelocity WWW travel services IGA - Cybermarket   groceries on the Web?
Computer Shopper Online comparison cybershopping Amazon.com value added electronic bookstore
On Sale Live Auctions Site electronic auctions RUSure shopping site with price comparison software
On Sale At Cost note the certification of price claims iCat Mall online stores using iCat software
Price Watch a price comparison service ESRI Downloadable Data Store sales and delivery online
Loan Locator comparison shopping for loans Credit Choice comparison shopping for credit cards
eBay.com part auction, part flea market, a little offbeat Pocketstuffer.com a collection of free offers
Price Line "reverse auction" pricing for airline tickets Wit Capital IPO's and venture capital investing via the Web

ACTIVITIES

As a team, prepare a 5-7 page written report for submission to the instructor by Email attachment by 28 January, 2000.  You should also be prepared to present an informal oral evaluation of the E-Commerce sites you have evaluated during the class meeting of 8 January, 2000.

  • Describe the six basic commercial applications of the Internet,
  • Describe how E-Commerce technologies have allowed firms to achieve global market reach,
  • Report current and projected E-Commerce volume figures as well as demographic characteristics of WWW users around the world,
  • Describe and evaluate one business-to-business  E-Commerce site and one business-to-consumer E-Commerce site in terms by answering the following questions for each site.
    1. What is the role of this site in the firm's business?   That is, is it the sole medium of transactions or supplemental?
    2. What is the medium for transactions on the site?   That is, how do customers pay for products/services?
    3. How are prices determined on the site?  Does the customer have any influence over price?
    4. In what ways does the design of the site stimulate customer purchases? Fail to do so? Explain your answer
    5. Does the site serve as an effective medium for customer purchases?

 

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Last updated 16 December, 1999. ©Murray State University, 1999
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