Thursday, June 25, 2015

Digital Commerce

Digital Commerce: primarily refers to the activity of buying and selling goods or services through digital channels, however can also incorporate the entire process of developing, marketing, servicing, selling and ultimately paying for products.



History of eCommerce:

The difference between the ‘electronic’ part of the term vs. the ‘digital’ part of the term? the main difference, is that electronic commerce relates to the selling and buying of goods and services through the use of Internet and computer activities, whereas d-commerce is an ‘evolution of the phrase’ and encompasses this but is broader. d-commerce makes use of all digital channels to provide the platform and space for transactions

Importance of being informed:

You would not buy stocks in the stock market without knowing something about the company, its financial status, its general business practice and what others say about it.
So in saying that you would not buy products from a company you do not know you will go back to the local grocery store that you always go to because you trust their products.
  • When purchasing online, it is important to be informed has to what you are purchasing. Your purchase should be seen as an investment (Ecommerce Land, 2015) (The Independent Institute of Education, 2015). These investments can be subdivided into categories namely, higher quality, safe, money saving, ethical and responsible investments. By making sure and making responsible investments you are purchasing things that are appropriate (The Independent Institute of Education, 2015).
  • There are a number of consequences if you are not informed, these can include loss of finances, impact on health and even poor quality products (The Independent Institute of Education, 2015)

There are a few benefits of being an informed customer:
Higher Quality Investments

  • Safe Investments
  • Money-Saving Investments
  • Ethical Investments
  • Responsible Investment 

Plagiarism guidelines:

  1. When researching or doing an assignment make sure you are saying where you get your information from.
  2. even if it is an idea you need to reference where you may have found it.
  3. anything you borrow needs to be in "quotation" marks so that it is easy to know that you are quoting someone.
  4. when taking a paragraph and using it make sure you use your own works and find out what the synonyms are for the words.
  5. make sure you keep you recourse names clear and near the quotations or paragraphs.
  6. Have a clear understanding of what plagiarism is
  7. Develop good referencing techniques
  8. Take not of reference marking rubrics
  9. Make sure you referencing is correct
  10. Compile a bibliography while working


Online Auctions and Tips:



  1. The estimate is just an indication
  2. Do your research
  3. choose your limits
  4. Look out for extra charges
  5. It is a contract to buy
  6. Place an absentee bid
  7. Keep an eye on the deadlines
  8. Pay up quickly
  9. Go with your heart
  10. Remember the date


https://www.thinglink.com/search?query=news+for+the+day&list=Search

The Telegraph, top 10 tips for buying at an online auction, Briget Galton, 02 October 2013. http://www.telegraph.co.uk/sponsored/culture/barnebys-auctions/10344379/online-auction-tips.html [Accessed on 18 / 05 / 2015]

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