History and evolution of E-commerce (Week 3)

E-commerce are the activities that consists of the buying and selling of products or services through an electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown since the spread of the Internet. With the use of E-commerce, lots of activities can be carried out easily and this has benefited us a lot. The activities can be carried out are such as electronic funds transfer, Internet marketing, online transaction processing, electronic data interchange (EDI), customer relationship management (CRM)and else,

E-commerce has been changed and evolves over the last 30 years. Originally, electronic commerce are created for the facilitation of commercial transactions to be done electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT). These were both introduced in the late 1970s, allowing businesses to send commercial document likes invoices and purchase order electronically. The rapid growth and use of credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of electronic commerce. In the late 1990s,Jeff Bezos launched Amazon.com ,the first e book retailer has born. Other companies such as Dell and Cisco began to aggressively use Internet for their commercial transactions. Furthermore, eBay was founded by computer programmer Pierre Omidyar as AuctionWeb and now it is the famous auction website ever in the world.

Identify and compare the revenue model for Google, Amazon.com and eBay (Week3)

There are total of 5 revenue models that available on the net which consists of sales, transaction fees, subscription fees, affiliate fees and advertisement fees.


mainly involves in advertising fees. The Google website is adopting the pay per click advertising program. The Google is charging the advertiser once the user click on the advertisement which will link to the advertiser’s website. This revenue model helps Google to generate more and more income as the year passing by. Besides, Google is using affiliates fees model to generate income too. It provides a highlighted web address or images that link to another website.

For Amazon book and music selling online business, it mainly depends on the volumes of selling the books and music. For current time, Amazon is no longer a book and music selling company. It has expanded its business by diversifying it through toy, health and beauty, sports and outdoors and others selling products. However, it also takes the opportunity of using advertisement fees as a passive income for advertisers to promote their advertisement to earn extra income to the company itself.

The primary income for this company is through transaction costs. When people post their items on eBay, it charges the insertion fees for the auctioneer by giving a space for them to auction their items or products. If the products were sold, eBay will also charge the final fees for the product of being sold. In another term, it is similar to commission fees.

Why Webvan.com fails? (Week 3)

Webvan was an online "credit and delivery" grocery business that went bankrupt in 2001. The core business of the company was to delivered products to customers homes within a 30 minute window of the grocery products being choose by the customers. This web site provide the services in ten U.S. Market. San Francisco Bay Area, Dallas, San Diego, Los Angeles, Chicago, Seattle, Portland, Atlanta, Sacramento, and Orange County.

The main reason webvan falls bankruptcy was due to the investment made by the company on infrastucture was exceeded the sales growth. As a result,the company ran out of money.Webvan placed a $1 billion (USD) order with engineering company Bechtel to build its warehouses, bought a fleet of delivery trucks, purchased 30 Sun Microsystems Enterprise 4500 servers, dozens of Compaq ProLiant computers and several Cisco Systems model 7513 and 7507 routers, as well as more than 80 21-inch ViewSonic color monitors and at least 115 Herman Miller Aeron chairs (at over $800 each).

The bankruptcy of this e-commerce website resulted, all non-perishable food was donated to local food banks. The company's legacy consists of thousands of colored plastic shipping bins for groceries that are still sitting in customers' basements and closets, and a lucrative severance package for ex-CEO Shaheen.

Written and edit by: Chok Yik Siong

Introduction Chok Yik Siong (Week 2)

My name is Chok Yik Siong. I come from Kedah. My hobby during free time is playing soccer, playing badminton, bowling and spend time with friends. The top 5 websites i surfing the most are

http://www.yahoo.com/

http://www.friendster.com/

http://www.hotmail.com/

http://www.facebook.com/

http://www.google.com/

Each website has their very own features. The purpose for surfing all those search engine website is to get the information that is relevant to my course work. Web Search Engine provide me an easy way to get information and helps me in my completing my research and coursework. Beside that, Facebook and Friendster provide me good network to stay connected with friends, ex classmate , old buddy and else. Furthermore, i use hotmail to check for my mail to look for any in coming message from my friend and sent reply to them .Internet provide lots of convenience to us, i normally use internet to surf net and to acquire new knowledge or information which is useful to my work. Moreover, i also use to be chatting with friends online, playing online games, download freeware and sometimes may use internet to book ticket for cinema shows. Internets has changing our living style and helps us as to become more intellectual human being.

Introduction_Cha Hua Fu (Week 2)

My name is Cha Hua Fu. I come from Selangor. I am 21, and an ordinary fellow. My hobby during free time is playing soccer, playing badminton, bowling and spend time with friends. The top 5 websites i surfing the most is Yahoo,Friendster,Hotmail,Facebook,Google. Each website has their very own features. The purpose for surfing all those search engine website is to get the information that is relevant to my course work. Web Search Engine provide me an easy way to get information and helps me a lots in my coursework. Beside that, Facebook and Friendster provide a good network to stay connected with friends, ex classmate , old buddy and else. Furthermore, i use hotmail to check up any mail being send to me and use it to send mail to others, this will help us in staying connected to the latest information send by my friends. Internet provide lots of convenience to us, i normally use internet to surf net and to acquire new knowledge or information which is useful to my work. Moreover, i also use to be chatting with friends online, playing online games, download freeware and sometimes may use internet to book ticket for cinema shows. Internets provides us lots of conveniences and assists us and make our life easy.

Introduction-Chin Chi Yung (Week 2)

My name is Chin Chi Yung. I was born in 24 March 1987. I am 21 years old age now. Currently, I’m staying in Seri Kembangan. My hobby is nothing much. It is just like the ordinary teenagers who always surfing the net and playing online games. I can say internet is part of my life. Without it, I can hardly imagine how boring the life is. For my favorite sport, I would say is badminton. The reason is due to it is easy to play and can communicate with my family well. Since, it is also my father favorite sport.

For the top 5 internet website I visit the most is Yahoo, Youtube, Crunchyroll, Google and Gamefaq. Yahoo I visit the most is because I can get many information for my studies and research as well as news around the world and it acts as a search engine. Youtube and Crunchyroll allow me to watch video online. Besides, it also enables me to discuss and post comment in the forum regarding certain issue and topics. For Gamefaq website, I visit quite frequently also. It is because I play many online and Playstation games. If I encounter any problem which I do not know how to pass or solve, this website can help you pass it easily. Apart from that, it also provides hints and strategy guide for you to pass the stage easily.

The top 5 internet activities for me is playing multiplayer online games and yahoo games such as diner dash and pools where it can make friends and excitement throughout the games. Besides, i also checking mails and chatting with my friends and secondary classmates through MSN to keep in touch. I also watching video online as i mentioned in the website just now and browsing some popular news from the net to keep myself update.

Introduction - Ooh Chin Ping (Week 2)

I am Ooh Chin Ping from Pulau Pinang, a beautiful island. I am currenly study in University Tunku Abdul Rahman. I am taking accounting course because i like account and i like to deal with numbers. I finished my diploma in accounting in Ktar.

My hobbies is play badminton and watch football. I will play badminton with my friends when i am free. Besides this, i also very like to watch football. I will sacrify my sleeping time to watch football at the midnight.

The 5 websites that i visit everyday are http://www.hotmail.com/ http://www.friendster.com/, http://www.livescore.com/ http://www.google.com/ and http://www.klse.com.my/. Hotmail is a usefull website for me because i can receive some interest news from my friends and it is free of charge. Friendster is another website that is important for me. This is because i use it to connect with my friends and it let me know their recent live style. I get to know many of my friends through friendster. The next website is live score website. I am very interested in football and i will watch every football match that i interested in. But, when the football match is crash with my study time or during exam period, i will use live score to know the result. Google helps me a lot when i do my assignment. As we know, it is a useful search engine. I get many information from there. I also like to visit KLSE website everyday because my family members are all invest in the share market. Furthermore, i also very interested in the economy issue and its relation with the share market.