COMMERCE

@NMIXcommerce

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THE HISTORY OF COMMERCE

& ECOMMERCE

COMMERCE

4

ECOMMERCE

TYPES OF TRANSACTIONS

• Consumer to Consumer

• Consumer to Business

• Business to Business

• Business to Consumer

KEY DATES INVOLVING COMMERCE

1971

Students use the ARPANET for cannabis sale

1979

Online shopping comes about

1990Tim Berners Lee invents the World Wide Web

1991

National Science Foundation lifts commercial ban

1994

Netscape (SSL)

1995-Cyber Cash -First Virtual -Amazon founded

-eBay founded

2000

Commercial retail corporations open

online

2002Paypal is purchased by eBay

2003iTunes Music

Store launched

Ads on Facebook

2006

2014-Overstock processes over 1 million dollars in Bitcoin sales

-Ecommerce Sales estimated to reach $294 Billion

TODAYNOVEMBER 9, 2015

TOP ECOMMERCE COMPANIES

TODAY

TOOLS FOR COMMERCE

THE CHANGING ECONOMY & COMMERCE

THE SHARING ECONOMY

• Information about goods is shared

• Access to the goods is also shared

• After sharing, the economic value of the goods increases

• Collaborative consumption

PRODUCT-SERVICE SYSTEMS

Goods can be shared and rented peer to peer Example: Airbnb and Uber

REDISTRIBUTION MARKETS

Pass ownership to someone who wants the goods. Example: Ebay

COLLABORATIVE LIFESTYLES

Share and exchange time, space and skills. Example: TaskRabbit

INTERNATIONAL COMMERCE

DEALING WITH INCONSISTENCY

BETWEEN NATIONS

LEGAL LIMITATIONS

PAYMENT VARIATIONS

LOGISTICS & DELIVERY

THE FUTURE OF COMMERCE

ECOMMERCE ISSUES

ACCESSIBILITY OF ECOMMERCE

ECONOMIC

GEOGRAPHY

PHYSICAL CIRCUMSTANCES

ECOMMERCE VS

RETAIL

• Online stores are cheaper to operate

• People pay more for items in person

• Online stores are more competitive

• Retail stores are limited in space

• Issue of “Showrooming” (hint: good term to know)

HOW COMPANIES

MINIMIZE RISK

SECURE SOCKET LAYER (SSL)

SSL CERTIFICATES AUTHENTICATE THE IDENTITY OF A BUSINESS AND ENCRYPT

THE DATA IN TRANSIT.

HOW CONSUMERS

MINIMIZE RISK

THE FUTURE OF PAYMENT

CRYPTOCURRENCY

BITCOIN

LITECOIN

DOGECOIN

AUTOMATED INNOVATIONS

AN AMAZON FULFILLMENT CENTER

FUTURE PURCHASES

IN STORE & ONLINE

COMMERCEQUESTIONS? TWEET US!

@NMIXcommerce