E-Business (that's all folks!)

This class has been the most amazing experience of my years here at SUNY-ESC. I feel that I am now connected to the rest of the business world in the most astounding ways. This last chapter is certainly appropriate as we reiterate all of our experiences with the many facets of social media and its application to how business in today's world works. But what is the future of E-Commerce?: Those were some staggering statistics! As we learned in the video many small businesses have found success with e-business.

From the E-Commerce newspaper this gives a very nice overview: "B2B (Business-to-Business) Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of order and is often negotiable. B2C (Business-to-Consumer) Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however B2C is really what the average Joe has in mind with regards to ecommerce as a whole.

Having a hard time finding a book? Need to purchase a custom, high-end computer system? How about a first class, all-inclusive trip to a tropical island? With the advent ecommerce, all three things can be purchased literally in minutes without human interaction. Oh how far we've come! C2B (Consumer-to-Business) A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elance empowers consumers around the world by providing the meeting ground and platform for such transactions. C2C (Consumer-to-Consumer) There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995." Let's look in on a company meeting:::::: We're going to be on the web in less than 3 minutes! This is how... Using all the tools available to us we can very quickly shop, buy, sell, rent, re-sell just about anything imaginable. Through this class we have learned through social media and the internet, that there is a vast world waiting for us. A world of technology that is constantly being upgraded and streamlined. I'll bet if we were to take this course at the same time period next year, there will be more and more resources to learn about and use. I only hope we can keep up. I know we all have a great beginning. What about you? Please keep in touch and Good Luck always!

References: Downloaded from the Internet 4/19/2012: http://www.youtube.com/watch?v=9JQCyhq_XbQ&feature=related Downloaded from the Internet 4/19/2012:http://www.ecommercetimes.com/story/74758.html Downloaded from the Internet 4/19/2012: http://www.google.com/imgres?imgurl=http://simplyzesty.com/wp-content/uploads//2011/08/7ef32a75a254f66370f9d74a38bd758e.jpg&imgrefurl=http://www.simplyzesty.com/social-media/journalism/survey-shows-how-business-journalists-rely-on-social-media/&h=360&w=480&sz=44&tbnid=zt14WrVRa_NpJM:&tbnh=115&tbnw=153&zoom=1&docid=JNZUyTaKzrmJLM&hl=en&sa=X&ei=rLeQT4TpHKr26AGxwqzGBA&ved=0CEAQ9QEwAQ&dur=2871 hhttp://www.google.com/imgres?imgurl=http://www.dreamstime.com/b2c-business-to-customers-with-building-blocks-thumb16911046.jpg&imgrefurl=http://www.dreamstime.com/royalty-free-stock-image-b2c-business-to-customers-with-building-blocks-image16911046&h=300&w=400&sz=14&tbnid=FxoFl9iQKevi9M:&tbnh=95&tbnw=127&zoom=1&docid=wxGG2Yb2Bk3EcM&hl=en&sa=X&ei=NrmQT9TGFKz16AHT7vCyBA&ved=0CFUQ9QEwDw&dur=3160ttp://www.digitsmith.com/ecommerce-definition.html