Introduction
Every major industry has used the Web to enhance business practices and create new markets and distribution channels. Providing unique and highly targeted information is a key to developing site traffic
Every major industry has used the Web to enhance business practices and create new markets and distribution channels. Providing unique and highly targeted information is a key to developing site traffic
Retailing on the Web
Retail store
- Purchases goods from a wholesaler, marks up the price and then offers the products to consumers
- Online retailers can communicate easily with suppliers, shipping companies and customers
- Most Web retailers use the shopping-cart model exclusively
- Other Web retailers integrate other models such as the auction model or price-comparison model
- E-retailers often offer lower prices to generate brand awareness and increase site traffic
- Consider if short-term losses equal long term success
Examples:
Amazon.com
Bestbuy.com
Medical Services Online
- The Web gives consumers access to case studies, medical journal articles and doctors who can answer questions
- Health Insurance Portability and Accountability Act (HIPAA)
- Requires medical offices and other healthcare related agencies to perform many of their administrative tasks online
Examples:
WebMD
healthcentral.com
Online Travel
- Customers now have the power to bypass a travel agent
- Discounts and low fares available online
- Name-your-price for tickets, hotels and car rentals
- “Last minute” fares often lower online
Examples:
Expedia.co.id
Travelocity
Transportation and Shipping
- The Internet adds efficiency and convenience to traditional shipping and logistics
- Load Matching
- Matching available truck capacity with the shipping needs of many companies that are willing to split the cost of full truckloads
Examples:
UPS
FedEX
DHL Direct
Online Automotive Sites
- Consumers access automobile information empowering them to make an informed buying decisions
- Dealers use the Web to showcase vehicles
- Online auto auctions give buyers more options
Examples:
Auto.com
Autobytel.com
Energy Online
- Energy exchange sites allow energy providers to trade excess energy commodities, buy on auction and sell materials
- 1000’s of energy commodities are sold online
- Efficiency increases as supply chains are simplified
Examples:
Houstonstreet.com
Retailenergy.com
Selling Brainpower Online
- Unused patents and trademarks can be sold online
- Outsourcing
- Hiring outside contractors or companies to complete projects and offer consulting
- Contractors can find projects to match their needs on the Web
Examples:
Yet2.com
Question Exchange
Online Art Dealers
- Artists have access to a global audience
- Web is a new medium for art
- Virtual galleries give artists a chance to showcase their work
- Short films are finding new fans online
Examples:
Art.com
Artful.com
Online Grocery Stores
Online Real Estate
- An online real estate transaction reduces the effort necessary to sell or buy property
- XML allows postings to be listed in multiple locations
- Multiple Listing System (MLS)
- Brokers can post their listings at hundreds of locations with MLS
- Examples:
- Apartments.com
- Realty.com
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