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E-Commerce: Fundamentals and Applications Chapter 13 : E-Service _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 1  Wiley and the book authors, 2001 Outline       Categories of E-Services Web-Enabled Services Matchmaking Services Information-Selling on the Web E-Entertainment Auctions and Other Specialized Services _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 2  Wiley and the book authors, 2001 Categories of e-services      Categories of e-services: Web enabling services that were previously provided by humans in branches and/or office agencies E-services that provides matching services E-services that sell information content of one sort or another Entertainment e-services Specialized e-services such as e-Auctions. _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 3  Wiley and the book authors, 2001 Web Enabled e-services  Previously provided by humans in branches and/or office agencies.  e-services:  save time and effort for the user  bring convenience and improve the quality of life.  reduce cost for the consumer  They include:  Banking  Stock Trading  Education _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 4  Wiley and the book authors, 2001 Match Making e-services      Greatest growth in E-Services. An individual or business specifies his/her requirements in relation to the service. E-commerce site then does a search over its own databases or over the Internet (using mobile agents) The information is then returned to the e-service provider site They include:  Jobs and Employment sites  e-Travel  e-Insurance  e-Loans _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 5  Wiley and the book authors, 2001 Selling Information on the Web     Sell information content of one sort or another. Provide some information free. Make money on the transactions This group includes e-commerce sites that:  Do Online Publishing such as web based newspapers  Consultancy advice  Specialised financial or other information _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 6  Wiley and the book authors, 2001 e-Auction and other specialized e-services      To achieve the best possible price for items which sellers wish to sell Seller puts up the items for sale but does not give a fixed price for it. The item is then subject to a series of bids until a bid is acceptable and the item is sold. The whole process is conducted by somebody called an auctioneer. Types of auctions includes:  English Auction  Dutch Auction and  A price quantity pair auction _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 7  Wiley and the book authors, 2001 Forward auction Vs. reverse auction Forward auction  Increasing bid auctions on the Internet  The seller puts up an item for sale and specifies an acceptable minimum price  The item is then posted on the auction site  together with the minimum price  the bidding is kept open for a specified period  During this period, potential buyers bid for the item  The latest high bid is displayed. _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 8  Wiley and the book authors, 2001 Forward Auction Site Increasing bids Seller Item for Sale Potential buyers _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 9  Wiley and the book authors, 2001 Forward auction Vs. reverse auction (cont.) Reverse auction:  the seller puts up an item for sale at a high price  price of this item is progressively reduced until a potential buyer accepts the bid  items are then deemed to have been sold to the buyer. _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 10  Wiley and the book authors, 2001 Reverse Auction Claims item at right bid price Reducing bids Seller Item for Sale Potential buyers _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 11  Wiley and the book authors, 2001 C2C e-auction sites    A consumer selling an item to another consumer These auction sites can be:  generalized auction sites  specialized auction sites  agent based auction supporting sites Generalized auction sites like eBay _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 12  Wiley and the book authors, 2001 B2B e-auction sites  Three models     Use of a liquidation broker to sell excess items.  the liquidation broker is essentially a third party auction site that does the auctioning for you Use of your own web site to auction items. Use of the auction facility on a Virtual Market site These approaches will be increasingly used by business particularly if they are dealing with perishable commodities. _______________________________________________________________________________________________________________ E-Commerce: Fundamentals and Applications 13  Wiley and the book authors, 2001