1.Visit http://yahoo.com and http://facebook.com as example of online communities.
a.What is meant by online community and how is it important for e-commerce?
Answer:- Online community is also know as Virtual and e-community.Where a group of people's meeting place on the internet and who interact through specific media,potentially crossing geographical and political boundaries in order to share common interests and needs.They are virtual in the sense that they exist in cyberspace and do not take up physical space.Such as Yahoo.com, facebook.com are some examples of online community.For example facebook free social network where no one have to pay any penny to become membership.Where you can upload photos,create own profile and you can chat with the people all over the world.And if some one is far from each other.This social network make us so close and no one feel that they are far from near one.This online community makes this world so small.
Online community is play vital role on e-commerce.And it makes huge different on E-commerce because e-commerce is e-marketing where all business transaction is happening,such as buying and selling of products.Through online business make their market globalization and will reduction on processing cost,it will consume less time and will get market freedom.
b.Is there a common thread and a local community sense in action?
Answer:-Yahoo,facebook and some other websites are the successful online communities which win the heart of most of people in this world.There is a common thread and local community sense through creating a particular virtual social community.Here we can do most of things like shopping,ticketing,advertisement,auction,announcement,reading online books,meeting with people ,text and video chatting and so on.It is similar with our real world social community.In this virtual community there is no geographically and political boundaries to meet friend and new people.And Building friendship and share most thing new about the community.Such as in facebook any member can create their own personal account for free.Where you can create own profile,upload photos,music,video,blogs and send email and email is like real world post box.where you have own email id instead of Postal address.You can send and receive mail with a second by click on mouse button.It won't take month or week to delivery letter as postal.This online community and internet makes very easy to everyone.Which will make everyone in this world feel like that we all one as brothers and sisters and this world is our home.from this point of view we all will build strong feel to each other and make our world peace and beautiful place to live.
2. Visit the famous online store front at http://www.amazon.com
a. Why has it been a successful site? How does a purchase of a book work?
Answer:-
This website was founded by Jeff Bezos in 1994 in his garage. Amazon.com is the popular online shopping website in this IT world. This site is very successful one because it is very user-friendly where little computer knowledge customer can easily use this site. And we can get almost everything to do shopping here and which will consume less time and cheaper than others. And there is many sort of secure payment mode such as Credit as well as debit cards namely Visa, Visa Check Cards, American Express, bank payments, Gift cards and so on. And there are exchange and refund facilities within certain time. That’s why everyone likes to do shopping online from home instead of going to shopping market and get lots of tension as well as waste of time. And today world all companies are selling their product through online such via amazon.com.So they can sale their product worldwide within a certain click.
If you can ask about amazon.com online shopping website, everyone knows in this world. Because it is very popular and successful website as well as provide good customer service and facilities.
The steps to purchase of a book from Amazon.com
1.Go to Amazon.com and you will get different categories of products and click on book categories.After that you can choose which kind of books you want such as health, IT, Literature,science and so on. Or easy to search the book by title name which easy to get it.
2. Once you found the book which you are searching for. Which displayed the Cover book and underneath details of book such as title and price of book.
3. If one wants to buy the book, a simple click on the add to cart will add the item to the shopping basket.
4. This options will show a list of related book, and if no more items are required, pressing on the checkout button will bring to a new page to enter details. If you are a new customer, all details need to be entered otherwise, if you are a returning customer, then by just entering your email address, all the details are loaded as these were saved last time you made a purchase from Amazon.
5. By filling all the payment details on the secure server, the transaction is completed and if depending on the option chosen the book will be delivered within the specified time.
6. A mail is automatically sent to your email address about your purchase and dispatching another email will be sent.
b. Are there any secure transaction not involving money?
Answer:-
Payments at Amazon.com can be made using these secure payment mode using credit as well as debit cards namely Visa, Visa Check Cards, American Express, and so on. There is no more risk of flash out the card details of customer because they have got good online security in payment transaction. That’s why everyone feels free to use this online shopping.
3. What happens with new emerging models like price comparison site?
Answer:-
In this cut-throat competitive world, new technologies, model and different kind of policies are the key issues for success and how to win the heart of customer to stand in this competitive market.
Due to competitive market, customers are always go for the compare price of the product and services, which they will easily get by searching popular web search engines such as Google, Yahoo and so on. There are lots of sites are available.
By doing a business through online, both customers and company get more benefit because customer get a produce and service in reasonable price without middleman and company as well get direct contact with customer and get more effective feedback to improve their product and service.
All level of customers can enjoy using those product and service in reasonable prices. These days so many supermarkets are reducing their product price to alive in this competitive market. Due to new model emerged such as price comparison sites.