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the continuous optimization of a firm’s business activities through digital technology |
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the subset of e-business focused on transactions. |
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one part of an organization’s e-business activities |
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In E-Marketing today the __________ has the power. |
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Activity Level of E-Business |
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Send emails, brochures... efficiency (cost reduction) |
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Business Process Level of E-Business |
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CRM (customer relationship managemnet)... effectiveness (higher customer retention) |
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Enterprise Level of E-Business |
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Click and Mortar... services/products are available online or in store... business transformation (Competitive advantage, industry reformation)
Ex. eSchwaab or most retailers |
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Pure Play Level of E-Business |
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purely online... business transformation (competitive advantage, industry reform)
Ex. Amazon |
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Online purchasing Order processing E-mail Content publisher (brochureware) Business intelligence Online advertising Online sales promotion Pricing strategies |
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Business-Process Level Modules |
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Customer relationship management (CRM) Knowledge management Supply chain management Community building Affiliate programs Database marketing Enterprise resource planning (ERP) Mass customization |
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E-commerce Direct selling Content sponsorship Portal Online broker Exchange Auction Metamediary Purchasing agent Virtual mall |
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Seven Steps of an E-Marketing Plan |
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1. Situation analysis 2. E-Marketing strategic planning 3. Plan objectives 4. E-Marketing strategy 5. Implementation plan 6. Budget 7. Evaluation plan |
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E-Marketing Strategic Planning |
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Market and product strategies, called Tier 1 tasks or strategies, are outcomes of strategic planning. Segmentation Targeting Differentiation Positioning Marketers conduct analyses to determine strategies. Market opportunity analysis Demand analysis Segment analysis Supply analysis |
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Objectives (Step 3 of the 7 steps of and E-marketing Plan) |
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Definition
Objectives are typically related to task, measurable quantity and timeframe. Most e-marketing plans seek to: Increase market share Increase sales revenue Reduce costs Achieve branding goals Improve databases Achieve customer relationship management goals Improve supply chain management |
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E-Marketing Strategies (Step 4) |
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Marketers craft strategies for the 4 P’s and relationship management to achieve plan objectives. Product strategies Pricing strategies Distribution strategies Marketing communication strategies Relationship management strategies These are referred to as Tier 2 tasks or strategies |
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# of internet users world-wide |
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Continent with the most internet users |
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Continent with the highest penetration of internet users |
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2 countries that are the world's largest internet markets |
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A theory that claims that only those with money have access to the internet and that those without money do not. (haves v have-nots) |
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