Question #1: Why is E-Commerce not a fad?
Respondent
1: Taken as a separate subject,
E-Commerce will be recognized as a fad. What is not a fad the trend towards
ubiquitous computing, including wire and wireless connections between any and
every possible person and device.
Respondent
2: It is a fad. It will(is) migrateing
into IP-based information systems (or web-based business processes).
Respondent
3: The notion of applying a universal
GUI interface on platform independent clients has been a long-time goal of IS.
The combination of the TCP/IP protocol, the WWW and cheap hardware/software has
allowed entrepreneurs to create software applications that we not possible 10
years ago.
Respondent
4: e-commerce is a fad. There is very
little difference between e-commerce and any other kind of commerce. The
difference is the transaction medium.
Respondent
5: The economic efficiencies of
ecommerce are to great for business to ignore for long. Eventually E-Commerce
will become synonomous with commerce.
Respondent
6: E-Commerce is s separate subject of
enquiry today, but will eventually became embedded in many(all) subject areas
as it becomes widespread.
Respondent
7: It is/should be an integral part of
an organizational strategy
Respondent
8: Because it is part of the structure
of business in all developed countries. It has true, long lasting benefits (if
done properly). Of course, this also true of heroin addiction. Permanent is not
always good.
More
than a century aho the president of Western Union turned down the chance to
take over the development of the telephone. "It's a fad", he snoffed.
Respondent
9: To imply that it is a fad would be
to imply that conducting business on the web will fade into the background in
the future and that is probably a false assumption. To imply that electronic
commerce is not different from traditional commerce and has no special
designation is also improbable.
Respondent
10: There are fundamental things in
ecommerce.
Respondent
11: Because it will contiue to be used
after it was introduced.
Respondent
12: 1. Because it is such a broad term,
like commerce, that there is nothing special about it. Everybody is involved in
e-commerce. What is there about e- commmerce that people can get an ego boost
from when they say they deal with e-commerce? Who doesn't?
Respondent
13: --Doing business online
(e-commerce) is becoming part of every business strategy.
--Every
business is using the Internet.
--In
fact, the only way it is not a fad is in the saying "soon all business
will be e-business".
Respondent
14: E-Commerce hype was a fad. The
success factors are not new, so the content can be solid. Some new elements
have been introduced: it's questionable whether these are now taught in
traditional subjects now already
Respondent
15: It is far from being a fad.
e-Commerce and e-Business have changed their names to commerce and business.
e-commerce is entirely subsumed by business and is an integral part. To suggest
it is a fad is to imply that, like the hula-hoop of the 1950's, it will pass
out of favor. How is that possible? As a technology it is becoming increasingly
difficult to separate the business from the technology, just as it is difficult
to sometimes distinguish where the analysis end and the design begins.
Respondent
16: Its only a version of business in
general - and I dont see that as a fad
May
not be reversible for some organisations - investment costs etc
The
opportunities have not even been explored yet - once we move beyond simplistic
conversions of exisiting business paradigms to a different one and begin to
understand it we may be able to build new possibilites
Respondent
17: E-Commerce is not a fad; the
financial hype surrounding it is a fad. I view E-Commerce as closely analogous
to air conditioning: critically fundamental to modern business but not, in and
of itself, very interesting.
Respondent
18: I suspect that it isn't teh big
thing it was made out to be a couple of years ago, but it does add some things
to a relationship, e.g. speed and depth of information transfer that can
provide the medium for more depth in a buyer-seller relationship.
Respondent
19: because it is so convenient, quick
and 24/7
also
you can check up on things without having to wend your way through an automated
phone system
Respondent
20: Because to many have already
invested too much in it.
Because
it is the ultimate in automating shopping and selling.
Because
consumers are so time limited in todays consumer oriented society that even
routine shopping is easier done from home wia the web.
Respondent
21: It is a fad - it will eventually be
subsumed into the broader marketing concept along with other board room 'fads'
It is different to 'marketing' but it is still driven by marketing strategy (or
should be). To check for a fad - ask yourself are buyers different because they
seek information or buy on the web? If the answer is no - then it a marketing
opportunity like any other still requiring a set of skills
Respondent
22: Because it significantly changes
consumer behavior and the way that business is done. Electronic technologies
will not go away and are already significantly changing behavior.
Respondent
23: For the same reason that
telemarketing is not a fad.
Respondent
24: Fads come and go - ecommerce came
and is still here, there is an issue about why its called 'e-commerce' since
its really part of e-business which in turn is part of 'business'
Respondent
25: Because there are mamy areas in
which e-commerce gives extra revenue for companies or save money or/and time
for customer and/or company.
Respondent
26: A fad, in my opinion, is something
that is replaced easily by the next 'big' thing. I find it a challenge to think
what could replace eCommerce. It's not a new style or new fashion, it is a way
of conducting business.
Respondent
27: Principles of business and
marketing are the same but the context is changed significantly
Respondent
28: in the b2b area it is not a fad but
because virtually all of our focus has been on b2c we are getting inaccurate
readings
Respondent
29: Because it is a basic retailing
outlet similar to catalogs.
Respondent
30: If you mean e-commerce as a stand
alone subject, I'm sorry I believe that it is a fad. If "E-commerce"
remains a seperate subject it means that it has failed to mature. When it is an
inseperable part of commerce will have suceeded and you will not be able to
teach it as a seperate subject.
Respondent
31: All of these answers will be based
on my experience/teaching of E-Marketing.
COURSES:
To
some degree it is a fad within course offerings. Many schools felt that they
needed to introduce an Internet course before they knew what material should be
covered. I saw an initial struggle between the tech side of the topic and the
business/marketing side.
I
teach my Internet Marketing course (undergrad and MBA) as a special topics
marketing strategy/management course. While the course must touch on some tech
issues, it is a marketing course in content and design.
INTERNET
ACTIVITY AS A FAD:
Because
the internet is a promotional tool, a sales structure, a product delivery
mechanism and a consumer information exchange medium, it is naive to believe
that it will exit as quickly as it entered the business world.
Respondent
32: The Internet is not going away and
is now only in its infancy from a commerce perspective.
Respondent
33: Direct mail is not a fad.
Telephone orders are alive and well. The Internet will find its place as well.
However, it is unlikely to make a major dent in retail sales.
Respondent
34: E-commerce is to marketing as
"re-engineering" is to strategic management. Because of the speed and
digitalization of all forms of business information, including customer and
product informaiotn, it creates possible efficiencies and supplemental
channels. Of course, it is not a magic bullet. E-comm applications might be
examined within Retail, Promotion, Research, or Channels courses, but their is
enough overlap in the issues to package the e-comm topics review into a single
course.
Respondent
35: Largely due to the changing
technological environment. In fact, the entire socio-politico-economic
environment is in full gear to realize that E-Commerce certainly is not a fad.
By the way why attribute such important acronym to commerce? Something that the
British coined years ago and which has been subsumed by business. I believe it
should be appropriately called E-Marketing. Most of my students think so too.
Respondent
36: E commerce will continue into the
future to affect the way consumers consume and the way marketers communicate
with their customers, potential customers, and public.
Respondent
37: It's part of e-business--digital
support of the business process, so has it's roots in EFT, EDI as far back as
the '70s. The Internet allows size of business not to be the detremining factor
over access to digital processes. From a supply chain standpoint alone, the
changes are significant and here to stay.
Respondent
38: Because it's computer-to-computer
with all the attendant potential benefits; all other commerce is
human-to-computer or human-to-human. It allows us to take advantage of computer
strengths in speed and accuracy.
Respondent
39: It is a fad, which will disappear
in the next five years as people realise that it is just commerce with an e on
the front, nothing special at all
Respondent
40: E-Commerce can be considered
another name for Internet Technology and Business. Any manager and exectuive
needs how to understand how the Internet and the World Wide Web changes their
business and industry. Over 1 billion people has used the Inetrnet -- the
failure to keep this in mind in managerial malpractice. The dot.com/venture
capital/IPO mania was just a fad; the people that created the Internet and the
Web were never in it for the money. The money people ruined things.
Respondent
41: Because it's rapidly mainstreaming;
i.e., it's becoming the way business is done to (a) enhance existing revenue
streams, (b) generate new revenue streams, (c) squeeze costs out of business
processes. The gee-whiz factor is gone. Many organizations, profit &
not-for-profit, private & apublic sector rapidly going up learning curve re
how to use the technology well for connecting & building relationshps with
relevant audiences.
Respondent
42: E-Commerce has a significant impact
on all aspects of marketing, especaially the Channel of Distribution,
Promotion, and Pricing.
Respondent
43: As a practitioner and educator, my
opinion is that the separation of business study into "E-Commerce"
and "traditional" business IS a fad. At this point, nearly ALL
business has one or more of its aspects web-enabled. Even Mom and Pop shops
have on-line sales. Furthermore, E-Commerce is a very narrow subject that tries
to separate the sales part of the value chain from the other links which, in
themselves, are often conducted using inter-networking technology.
It
is not too early to put in place programs that teach business and technology as
an integrated subject.
Respondent
44: It is a business model that has
changed the way many firms do business. It is increasingly being incorporated
into many business strategies.
Respondent
45: Within business infrastructure
B@B
systems improve supply chain
Steady,
but not spectaculat growth in consumer use
Respondent
46: A number of e-business models seem
to be successful, and for incumbent offline businesses, e-commerce also appears
to be a promising area, especially with regard to marketing.
Respondent
47: because it is a tool.
Respondent
48: If you consider the wider use of
the Internet,
not
just transactions, E-commerce is a service consumers expect. They expect to
find basic product information, service information, contact numbers and other
types of info on the company website 24/7. They also expect investor info
that's there 24/7. Many consumers use the web to supliment their serach process
and then make their
final
purchase at a traditional retail store. But without the initial data posted
on-line, a company is at a disadvantage.
Also,
B2B is Internet driven and that is a major component of e-commerce.
Respondent
49: The rapid adoption of e-commerce in
B2B and B2C demonstrates buyer/seller preference for this medium in many
markets. More and more studies show that more and more users consider the
internet, and e-commerce, a necessity for their lives.
Respondent
50: Off the top of my head:
convenience, consistency, and cost effectiveness. It's extremely convenient for
consumers, offering even those located in small towns the ability to have
virtually anything easily located and delivered to their door. For the seller
it offers consistency, in that a sales force is made up of multiple
personalities who may present different and even incompatible images for a
company, as well as inconsistent responses to consumer questions. E-commerce,
in the form of the Internet, allows similar interaction with far more
consistent presentation to consumers of both image and information. And,
obviously, e-commerce CAN be more cost efficient than a sales force, while
offering many (or most) of the same benefits of a sales force.
Respondent
51: the internet has become entwined
with commerce in many ways. Further, there are growing applications of
technology (e.g. gambling) whereby commerce can be undertaken exclusively with
the net.
Respondent
52: It is here to stay and we see it
manifested in a variety of applications and inductries.
Respondent
53: But it is a fad.
Respondent
54: Because it is too important a
change to available marketing and eBusiness techniques to be ignored.
It
is not a "brave new world" but it is an important thrust towards
improved communications and channels capability
Respondent
55: It has an impact on the
information-search of (potential) customers: look up product-related
information, store-related information... Perhaps customers do not (yet)
directly buy on the Net, there still is an (indirect) impact. I think that the
e-commerce spending will grow in the future, given the demographic,
sociological, ... evolutions. However, it will never be an enormous part of the
retail-spending in terms of money-expenditures, though only a small percentage
may represent a huge sum (and hence may be very important).
Respondent
56: Is marketing a fad? E-commerce is a
business reality; it is simply no longer held to be the answer to all business
problems.
Respondent
57: most incumbent retailers have now
adopted e-commerce, and many are already proftable at it. It already accounts
for over $30B in sales and the number continues to grow.
Add
to this the huge number of B2B uses, and e-commerce remains a solid, growing
channel for transactions.
Respondent
58: eventually will find its way as an
alternative distribution/support channel.
Respondent
59: It is growing in volume, in
budgetary allocations, and in importance to competitive strategy in many
industries
Respondent
60: e-commerce has become a way, in
some cases, to gain competitive advantage -- sometimes it's not even an option
when conducting business with trading partners
Respondent
61: It is a fundamental infrastructure
shift that presents real cost advantages for participating firms.
Respondent
62: At the very least e-commerce is
another means to sell to consumers. In many ways it represents a new form of
catalog shopping, with consumers able to find the catalogs easily, instead of
the firm having to find the consumers.
Respondent
63: E-Commerce is not a fad - it is the
single most important evolution in IT that we've seen since the PC. The
'fadishness' is in the term itself. Larry Elisson has been quoted as saying
that no industry is more fashion conscious than the computer industry - not
even apparel. He's correct. While some split hairs regarding the difference
between IS & e-commerce (or even worse, try to introduce additional
cumbersome terms like e-business, as if they were indeed meaningful), most
recognize that IT is e-commerce and that slowly, e-commerce is becoming
commerce. IT itself has seen a transition in terms ? data processing, MIS, IS,
IT (I would maintain there remains a strong distinction between IS the systems
and IT the technologies, but?.). E-Commerce is a natural evolution of these. In
time there may be specialty courses in e-commerce that focus on aspects such as
consumer-based EC, service-EC, web services, etc., but these are really
specialty classes within the IS domain. There may also be topical classes from
marketing, finance, law, but these are really extension of the "Tech
in?." classes (Tech in Marketing, Tech in Law, etc.). E-Commerce 'lives'
in two disciplinary bodies: strategy (how can you compete when everyone can
copy your tech & the competition is a click away) and IS (the 'tech' of the
discipline).
Respondent
64: It is a new medium, it will
transform, but it's similar to the advent of the telephone - we wont be
resiling from it.