electronic media buying
TRANSCRIPT
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Electronic media buying
Presented by:-
Ankur
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Commerce
Commerce refers to all the activities thepurchase and sales of goods or services.
Marketing, sales, payment, fulfillment,customer service
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Electronic Commerce (E-Commerce)
Electronic commerce is doing commercewith the use of computers, networks andcommerce-enabled software (more than
just online shopping)
e commerce is enabling or achieving yourbusiness objectives by using information
technology to enhance or transform yourbusiness processes.
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eCommerce
ecommerce is more then just an onlineshop selling goods. Businesses make
huge savings by more efficient interaction
with their suppliers or buyers. A local pharmacist orders 60% of his supplies from
an overseas pharmaceutical suppliers website andsaves 5% in his purchases - is this ecommerce?
A remote Fiji resort attracts guests from the USA after
several exchanges of email. Is this ecommerce?
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Brief History
1970s: Electronic Funds Transfer (EFT)
Used by the banking industry to exchange accountinformation over secured networks
Late 1970s and early 1980s: Electronic DataInterchange (EDI) for e-commerce withincompanies
Used by businesses to transmit data from one
business to another
1990s: the World Wide Web on the Internetprovides easy-to-use technology for informationpublishing and dissemination
Cheaper to do business (economies of scale)
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Features of E-Commerce
1. Payment - credit card, smart cards, E-money
2. Service availability - business amongenterprises, customers, suppliers andemployees anytime, anywhere.
3. Advertising and marketing-advertisingproducts and services.
4. Sales- Generating orders for the product.
5. Fulfillment Processing the order and delivering
the product.6. Secure Communications-Fast, efficient,
reliable communication with customers andpartners.
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Business-to-Business (B2B)
Business-to-Consumer (B2C)
Consumer-to-Consumer (C2C)
Consumer-to-Business (B2G)
Government-to-Business (G2B) Government-to-Citizen (G2C)
Types of E-Commerce system
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Business-to-Business (B2B)
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Business-to-Consumer (B2C)-
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Consumer-to-Consumer(C2C)-
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Consumer-to-Business (C2B)
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Business-to-Government(B2G)-
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Government-to-Business(G2B)-
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Government-to-Citizen (G2C)-
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Ecommerce infrastructure
Information superhighway infrastructure
Internet, LAN, WAN, routers, etc.
telecom, cable TV, wireless, etc.
Messaging and information distributioninfrastructure
HTML, XML, e-mail, HTTP, etc.
Common business infrastructure
Security, authentication, electronic payment,directories, catalogs, etc.
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What is working?
Travel / Tourism
Retail - items that dont need personal touch -objectivity in product quality and performance
music, books, gifts, Computers, electronic items
Auctions
Real Estate - houses and investment properties.
Customer support services
More efficient and effective processes betweenbusinesses (B 2 B)
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What is not working?
Items which require touch and trial
Luxury goods
Clothes - beyond T shirts
Groceries - it works for some people butmarket is restricted
Note: Many OFF line factors determinesuccess of Online service. Eg. Transportnetwork, customer profiles,
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Objectives?
Why get online?
Promote awareness of your Organization
Sell a product
Customer support
Information and contact page
Networking
Everyone else has a web page
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Plan
What is your product? Electronic, Services or physical
Portable and inexpensive to deliver
Tourism Who is your market?
Overseas Fish buyers
Upper income art collectors
Budget travellers / Up market
Obstacles, Implementation and deadlines.
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Transactions
1. Getting paid online is very difficult in the Pacific. Manybanks will need a large deposit or a strong relationshipto allow a SME to open a merchant / credit cardprocessing account at a bank.
Alternatives include: Bank transfer / wire
Credit Cards Merchant account
Manual / Automated processing Third party processing
paypal.com
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Delivery
Delivering an artifact after online purchase orattracting visitors to an eco tourism resort -managing expectations is essential
People are used to guaranteed delivery but more importantly,communicate reality so expectations are realistic.
E.g. Implement a 2 week guarantee for goods
Ensure online advertisement meets expectations
Use a reliable delivery service (TNT, FedEx)
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Advantages of ElectronicCommerce
Increased sales
Reach narrow market segments ingeographically dispersed locations
Create virtual communities
Decreased costs
Handling of sales inquiries
Providing price quotes
Determining product availability
Being in the space
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Disadvantages of Electronic
Commerce Loss of ability to inspect products fromremote locations
Rapid developing pace of underlyingtechnologies
Difficult to calculate return on investment
Cultural and legal impediments
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The process of e-commerce
1. Attract customers Advertising, marketing
2. Interact with customers
Catalog, negotiation3. Handle and manage orders
Order capture
Payment
Transaction Fulfillment (physical good, service good, digital good)
4. React to customer inquiries Customer service
Order tracking
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Web-based E-commerce
Architecture
Client
Tier 1
Web Server
Tier 3Tier 2 Tier N
ApplicationServer
DatabaseServer
DMS
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Infrastructure for E-commerce
The Internet system of interconnected networks that spans
the globe
routers, TCP/IP, firewalls, networkinfrastructure, network protocols
The World Wide Web (WWW) part of the Internet and allows users to share
information with an easy-to-use interface
Web browsers, web servers, HTTP, HTML
Web architecture
Client/server model
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Cryptography
Keeping secrets
Privacy: interceptor cannot use information
Authentication: senders identity cannot beforged
Integrity: data cannot be altered
Non-repudiation: sender cannot denysending
How to evaluate cryptography
Secret key (symmetric) cryptography;
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Security Schemes
Encryption
Digital Signature
Security Certificates
Fire wall
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Encryption
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Types of encryption:
Symmetric encryption
Asymmetric encryption
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Digital Signatures
Digital signatures are a means of ensuring
authentication of electronic information. A digitalsignature is an electronic signature whoseauthenticity is guaranteed through encryptionand a password.
Private Key- A unique combination known only to thesigner. It is used to encrypt the message.
Message Digest-The encrypted message that is createdwith the help of the
Private key- Acode sent to the receiver separately toenable decryption of the message digest. It is alsoavailable on the web site of the certification Authority.
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Security Certificate
Just as a passport is a universal way toestablish your identity and gain entry toanother country, a digital or security
Certificate provides identification in theelectronic world. Certificate authorities(CAS) are organizations that issue security
certificates.
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Fire wall
The ICSA (International ComputerSociety Association) defines firewall as a system or group of systems that enforces
an access control policy between twocomputer networks.
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Example of electronic media
buying
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E-Commerce: Begin RecordingStep 1 of 9
Begin the E-Commerce test bygoing to the portal
Web page and select
Record > StartRecording,
from the menu.
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E-Commerce: Select An Item To PurchaseStep 2 of 9
Navigate throughthe catalog andselect an item to
purchase. If neededyou can validatetext samples toensure proper
search engine anddatabase output.
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E-Commerce: Add Item to Shopping CartStep 3 of 9
Add an item to theshopping cart
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E-Commerce: LoginStep 4 of 9
and login throughthe authentificationsystem if needed.
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E-Commerce: Validate User InformationStep 5 of 9
You can validate thatthe correct userinformation was
retrieved by firstselecting text
pertaining to theuser. Just click
Record > Validate> Selected > Text.
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E-Commerce: Validate Step In OrderStep 6 of 9
To ensure that theorder is progressingnormally, validate
by highlightingsome text at each
step in the orderingprocess.
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E-Commerce: Enter Payment InformationStep 7 of 9
When you reachthe payment
section of the order,enter synthetic
paymentinformation (to
avoid transaction
charges).
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E-Commerce: Validate FeedbackStep 8 of 9
Validate the orderby selecting and
validating feedbackthat indicates asuccessful order.
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E-Commerce: Enter Payment InformationStep 9 of 9
When you arefinished testing your
E-Commerce portal,select Record >Stop Recording.
You tested thisportal successfully.