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Summary - E-COMMERCE

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Ecommerce is a method of buying and selling goods and services online. The definition of ecommerce business can also include tactics like affiliate marketing. You can use ecommerce channels such as your own website, an established selling website like Amazon, or social media to drive online sales.

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■ E-COMMERCE




-The internet e-commerce market is worth trillions of dollars and having SMART goals is
crucial for success.

Steve Jobs predicted the massive growth of the internet e-commerce market in 1995.

Trillions of dollars are transacted over the web each year.

Having SMART goals is important for taking a slice of the trillion-dollar market.

-Take your time to implement the strategies correctly and continually improve your marketing
skills to drive revenue and sales.

Implement the strategies correctly and understand the concepts to get better results.

Be active, do your own research, and learn from others to improve your marketing skills.

Continually improve yourself and learn from your team to get better.

-eCommerce has evolved from teleshopping in 1979 to the introduction of SSL in the early
'90s.


Teleshopping was introduced in 1979, connecting a television set to a transaction processing
computer with a telephone line.

Minitel, a system connecting telephone subscribers to millions of users, was launched in
France.

SSL was introduced in the early '90s, allowing secure online processing of encrypted data.

-Understanding and adapting to trends in eCommerce is crucial for success.

Riding the trends in eCommerce can lead to increased sales.

Most marketing tactics don't work, so it's important to pay attention to successful businesses
and their strategies.

Top retailers like Amazon, Walmart, and Macy's are generating significant sales online.

-Choosing the right sales channels based on your product and target customers is crucial for
success.

Understanding the customer base and competitors on different sales channels is important
for making the right choice.

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September 22, 2023
Number of pages
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Written in
2023/2024
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SUMMARY

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