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centralasia1324
Joined: 25 Apr 2006
Posts: 17
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| Posted: Fri Oct 27, 2006 9:48 am Post subject: ecommerce |
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Just a quick question: in general, would e-commerce be considered part of industry or services?
While theoretically it could be split up into more than those two groups, how could one categorize it as a whole? |
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agentkgb
Joined: 23 Aug 2006
Posts: 2241
Location: US
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| Posted: Fri Oct 27, 2006 4:50 pm Post subject: |
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| Huh? I'm far from being an economist but it seems to me like the internet is just another market, like a mall or something, maybe e-commerce itself is just a term for transactions that take place in that market? |
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Free Thinkr
Joined: 27 Jul 2004
Posts: 12876
Location: Northwest Indiana
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| Posted: Fri Oct 27, 2006 5:35 pm Post subject: |
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agentkgb wrote: Huh? I'm far from being an economist but it seems to me like the internet is just another market, like a mall or something, maybe e-commerce itself is just a term for transactions that take place in that market?
In which case I'd be inclined to call it a part of industry. |
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RueTheDay
Joined: 10 Nov 2005
Posts: 2418
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| Posted: Sat Oct 28, 2006 12:24 pm Post subject: |
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agentkgb wrote: Huh? I'm far from being an economist but it seems to me like the internet is just another market, like a mall or something, maybe e-commerce itself is just a term for transactions that take place in that market?
Correct. The internet is a CHANNEL, through which both goods and services can both be sold. |
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LeopardPM
Joined: 20 Oct 2005
Posts: 1226
Location: Arizona
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| Posted: Sat Oct 28, 2006 4:27 pm Post subject: |
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RueTheDay wrote: agentkgb wrote: Huh? I'm far from being an economist but it seems to me like the internet is just another market, like a mall or something, maybe e-commerce itself is just a term for transactions that take place in that market?
Correct. The internet is a CHANNEL, through which both goods and services can both be sold.
why call it a 'channel'? Why use a metaphor? It is a means of communication, just like the phone, just like TV - and all forms of communication allow the trade of goods and services to be exchanged through them. It is mere a means of communication - using a 'channel' as a metaphor (although it makes one sound edumuckated and somewhat knowledgeable) is too restrictive because the internet is used for more than just trade. |
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RueTheDay
Joined: 10 Nov 2005
Posts: 2418
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| Posted: Sat Oct 28, 2006 8:52 pm Post subject: |
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LeopardPM wrote: RueTheDay wrote: agentkgb wrote: Huh? I'm far from being an economist but it seems to me like the internet is just another market, like a mall or something, maybe e-commerce itself is just a term for transactions that take place in that market?
Correct. The internet is a CHANNEL, through which both goods and services can both be sold.
why call it a 'channel'?
Because "channel" is the correct term.
This is Marketing 101 - Product, Price, Promotion, Channels of Distribution.
Quote:
Why use a metaphor? It is a means of communication, just like the phone, just like TV - and all forms of communication allow the trade of goods and services to be exchanged through them. It is mere a means of communication - using a 'channel' as a metaphor (although it makes one sound edumuckated and somewhat knowledgeable) is too restrictive because the internet is used for more than just trade.
The OP was talking specifically about eCommerce. Obviously the internet is used for more than trade. |
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LeopardPM
Joined: 20 Oct 2005
Posts: 1226
Location: Arizona
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| Posted: Sat Oct 28, 2006 10:05 pm Post subject: |
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| yeah, I realize that 'channel' is the accepted term to describe various different methods of communication... I was just being in a persnickitty way... excuse me. |
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