Evolution of E-Commerce E-Commerce I E-Commerce II Technology driven Business driven Venture capital financing Traditional financing Emphasis on revenue growth Emphasis on earnings and profits Ungoverned Stronger regulation and governance Entrepreneurial Large traditional firms Disintermediation Strengthen intermediaries Perfect markets Imperfect markets, brands and network effects Pure Online strategies Mixed ‘brick s and clicks’ strategies First mover advantage Strategic follower strength and complimentary assets Eg: Autoweb, iVillage , Drugstore.com, Amazon.com, eToys, Eve.com Eg: Amazon.com, Dell.com, Wal-Mart stores E-Commerce I: It was traditional and failed drastically as there was less awareness about internet and online transactions, security was a biggest issue as earlier online frauds were easier and difficult to tra...
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