Contents I N T R O D U C T I O N TO E - C O M M E R C E Learning Objectives Pinterest Attracts Global Interest 1.1 40 40 41 E-commerce: The Revolution Is Just Beginning 45 The First 30 Seconds 47 What is E-commerce? 50 The Difference Between E-commerce and E-business 51 Why Study E-commerce? 52 Eight Unique Features of E-commerce Technology 52 Ubiquity 54 Global Reach 54 Universal Standards 54 Richness 55 Interactivity 55 Information Density 55 Personalization/Customization 56 Social Technology: User Content Generation and Social Networking Web 2.0: Play My Version 57 Types of E-commerce 59 Business-to-Consumer (B2C) E-commerce 60 Business-to-Business (B2B) E-commerce 60 Consumer-to-Consumer (C2C) E-commerce 60 Social E-commerce 60 Mobile E-commerce (M-commerce) 61 Local E-commerce 61 Growth of the Internet and the Web 61 Origins and Growth of E-commerce 62 56 21 22 C o n t e n t s Insight on Technology: Spider Webs, Bow Ties, Scale-free Networks, and the Deep Web 1.2 63 Technology and E-commerce in Perspective 66 Potential Limitations on the Growth of B2C E-commerce E-commerce: A Brief History 69 E-commerce 1995-2000: Invention 69 E-commerce 2001-2006: Consolidation 73 E-commerce 2007-Present: Reinvention 73 Assessing E-commerce: Successes, Surprises, and Failures Insight on Business: Is the Party Already Over? Predictions for the Future: More Surprises 1.3 78 Insigh t on Society: Facebook and the Age of Privacy 1.5 74 75 Understanding E-commerce: Organizing Themes Technology: Infrastructure 82 Business: Basic Concepts 84 Society: Taming the Juggernaut 84 Academic Disciplines Concerned with E-commerce Technical Approaches 88 Behavioral Approaches 88 1.4 67 82 85 88 Case Study: The Pirate Bay: The World's Most Resilient Copyright Infringer? 89 Review 93 Key Concepts 93 Questions 96 Projects 97 98 E - C O M M E R C E I N F R A S T R U C T U R E : T H E INTERNET, W E B , A N D M O B I L E P L A T F O R M Learning Objectives 98 Google Glass: Augment My Reality 2.1 99 The Internet: Technology Background 102 The Evolution of the Internet: 1961 - T h e Present 104 The Internet: Key Technology Concepts 108 Packet Switching 108 Transmission Control Protocol/Internet Protocol (TCP/IP) IP Addresses 110 110 C o n t e n t s 2.2 2.3 Domain Names, DNS, and URLs 112 Client/Server Computing 113 The New Client: The Mobile Platform 115 The Internet "Cloud Computing" Model: Software and Hardware as a Service 116 Other Internet Protocols and Utility Programs 117 Internet Protocols: HTTP, E-mail Protocols, FTP, Telnet, and SSL/TLS Utility Programs: Ping and Tracert 118 The Internet Today 119 The Internet Backbone Internet Exchange Points Campus Area Networks Internet Service Providers Intranets and Extranets Who Governs the Internet? 121 122 122 124 126 126 The Future Internet Infrastructure Limitations of the Current Internet 128 128 Insight on Society: Government Regulation and Surveillance of the Internet 129 2.4 The Internet?® Project 132 The First Mile and the Last Mile 134 Fiber Optics and the Bandwidth Explosion in the First Mile The Last Mile: Mobile Internet Access 135 The Future Internet 140 Latency Solutions 141 Guaranteed Service Levels and Lower Error Rates 142 Declining Costs 142 The Internet of Things 142 The Web 142 Hypertext 144 Markup Languages 146 HyperText Markup Language (HTML) extensible Markup Language (XML) 146 147 Insight on Technology: Is HTML5 Ready for Prime Time? Web Servers and Clients Web Browsers 153 2.5 151 The Internet and the Web: Features and Services E-mail 153 Instant Messaging 154 148 153 134 117 23 24 C o n t e n t s 2.6 Search Engines 154 Online Forums and Chat 157 Streaming Media 158 Cookies 158 Web 2.0 Features and Services 159 Online Social Networks 159 Blogs 159 Really Simple Syndication (RSS) 160 Podcasting 160 Wikis 160 Music and Video Services 161 Internet Telephony 161 Video Conferencing and Telepresence 162 Online Software and Web Services: Web Apps, Widgets, and Gadgets Intelligent Personal Assistants 163 Mobile Apps: The Next Big Thing Is Here 164 Platforms for Mobile Application Development 165 App Marketplaces 165 insight on Business: Apps for Everything: The App Ecosystem 163 166 2.7 Case Study: Akamai Technologies: Attempting to Keep Supply Ahead of Demand 168 2.8 Review 172 Key Concepts 172 Questions 176 Projects 177 BUILDING A N E - C O M M E R C E P R E S E N C E : W E B SITES, M O B I L E SITES, A N D A P P S Learning Objectives 178 Tommy Hilfiger Replatforms for Global Success 3.1 179 Imagine Your E-commerce Presence 182 What's the Idea? (The Visioning Process) 182 Where's the Money: Business and Revenue Model 183 Who and Where is the Target Audience 183 What is the Ballpark? Characterize the Marketplace 184 Where's the Content Coming From? 185 178 C o n t e n t s 3.2 Know Yourself: Conduct a SWOT Analysis Develop an E-commerce Presence Map Develop a Timeline: Milestones 187 How Much Will This Cost? 187 185 186 Building an E-commerce Presence: A Systematic Approach Pieces of the Site-building Puzzle 189 Planning: The Systems Development Life Cycle 190 Systems Analysis/Planning: Identify Business Objectives, System Functionality, and Information Requirements 190 System Design: Hardware and Software Platforms 192 Building the System: In-house versus Outsourcing 192 Build Your Own versus Outsourcing 192 Host Your Own versus Outsourcing 196 Insight on Business: Curly Hair and Appillionaires Testing the System 200 Implementation and Maintenance 200 Factors in Optimizing Web Site Performance 3.3 3.4 188 Choosing Software and Hardware 197 201 202 Simple versus Multi-tiered Web Site Architecture 202 Web Server Software 204 Site Management Tools 204 Dynamic Page Generation Tools 205 Application Servers 207 E-commerce Merchant Server Software Functionality 209 Online Catalog 209 Shopping Cart 209 Credit Card Processing 209 Merchant Server Software Packages (E-commerce Suites) 209 Choosing an E-commerce Suite 210 Building Your Own E-commerce Site: Web Services and Open Source Options 211 The Hardware Platform 212 Right-Sizing Your Hardware Platform: The Demand Side 213 Right-sizing Your Hardware Platform: The Supply Side 214 Other E-Commerce Site Tools 217 Web Site Design: Basic Business Considerations 217 Tools for Web Site Optimization 218 Tools for Interactivity and Active Content 219 Bling for Your Blog: Web 2.0 Design Elements 220 25 C o n t e n t s Common Gateway Interface (CGI) 220 Active Server Pages (ASP) 221 Java, Java Server Pages (JSP), and JavaScript 221 ActiveX and VBScript 222 ColdFusion 222 Personalization Tools 222 The Information Policy Set 223 Developing a Mobile Web Site and Building Mobile Applications Insight On Society: Designing for Accessibility Planning and Building a Mobile Web Presence 228 Mobile Web Presence: Design Considerations 229 Mobile Web Presence: Performance and Cost Considerations Insight on Technology: Building a Mobile Presence 3.6 3.7 Case Study: Orbitz Charts Its Mobile Trajectory 223 224 230 231 233 Review 237 Key Concepts 237 Questions 240 Projects 241 E - C O M M E R C E SECURITY A N D P A Y M E N T S Y S T E M S Learning Objectives Cyberwar: MAD 2.0 242 242 243 4.1 The E-commerce Security Environment 247 The Scope of the Problem 248 The Underground Economy Marketplace: The Value of Stolen Information 250 What is Good E-commerce Security? 251 Dimensions of E-commerce Security 252 The Tension Between Security and Other Values 254 Ease of Use 254 Public Safety and the Criminal Uses of the Internet 254 4.2 Security Threats in the E-commerce Environment Malicious Code 256 Potentially Unwanted Programs (PUPs) 260 Phishing and Identity Theft 260 255 C o n t e n t s Hacking, Cybervandalism, Hacktivism, and Data Breaches Credit Card Fraud/Theft 263 Insight on Business: Sony: Press the Reset Button 262 264 Spoofing (Pharming) and Spam (Junk) Web Sites 267 Denial of Service (DOS) and Distributed Denial of Service (DDOS) Attacks Sniffing 268 Insider Attacks 269 Poorly Designed Server and Client Software 269 Social Network Security Issues 270 Mobile Platform Security Issues 270 Cloud Security Issues 271 4.3 Technology Solutions 271 Insight on Technology: Think Your Smartphone Is Secure? 272 Protecting Internet Communications 274 Encryption 274 Symmetric Key Encryption 275 Public Key Encryption 276 Public Key Encryption Using Digital Signatures and Hash Digests Digital Envelopes 280 Digital Certificates and Public Key Infrastructure (PKI) 281 Limitations to Encryption Solutions 282 Insight on Society: Web Dogs and Anonymity: Identity 2.0 278 283 Securing Channels of Communication 286 Secure Sockets Layer (SSL) and Transport Layer Security (TLS) Virtual Private Networks (VPNs) 287 Protecting Networks 288 Firewalls 288 Protecting Servers and Clients 289 Operating System Security Enhancements 290 Anti-Virus Software 290 4.4 Management Policies, Business Procedures, and Public Laws A Security Plan: Management Policies 290 The Role of Laws and Public Policy 293 Private and Private-Public Cooperation Efforts 294 Government Policies and Controls on Encryption Software 4.5 Payment Systems 267 296 Types of Payment Systems 296 Cash 296 Checking Transfer 296 286 290 295 27 C o n t e n t s 4.6 Credit Card 297 Stored Value 297 Accumulating Balance 298 Payment Systems Stakeholders 298 E-commerce Payment Systems 299 Online Credit Card Transactions 300 Credit Card E-commerce Enablers 302 Limitations of Online Credit Card Payment Systems 302 Alternative Online Payment Systems 303 Mobile Payment Systems: Your Smartphone Wallet 304 Digital Cash and Virtual Currencies 304 4.7 Electronic Billing Presentment and Payment Market Size and Growth 306 EBPP Business Models 306 305 4.8 Case Study: Online Payment Marketplace: Goat Rodeo 4.9 Review 313 Key Concepts 313 Questions 317 Projects 318 308 BUSINESS M O D E L S FOR E - C O M M E R C E Learning Objectives 320 320 Tweet Tweet: What's Your Business Model? 32 7 5.1 E-commerce Business Models 325 Introduction 325 Eight Key Elements of a Business Model 325 Value Proposition 326 Revenue Model 326 Market Opportunity 328 Insight on Society: Foursquare Checks Out a Revenue Model Competitive Environment 332 Competitive Advantage 332 Market Strategy 333 Organizational Development 334 Management Team 334 Categorizing E-commerce Business Models: Some Difficulties 329 335 C o n t e n t s Insight on Business: Is Groupon's Business Model Sustainable? 5.2 Major Business-to-Consumer (B2C) Business Models E-tailer 338 Community Provider 340 Content Provider 341 336 338 342 Insight on Technology: Battle of the Titans: Music in the Cloud Portal 344 Transaction Broker 345 Market Creator 346 Service Provider 346 5.3 Major Business-to-Business (B2B) Business Models E-distributor 348 E-procurement 348 Exchanges 349 Industry Consortia 350 Private Industrial Networks 29 348 350 5.4 E-commerce Enablers: The Gold Rush Model 351 5.5 How the Internet and the Web Change Business: Strategy, Structure, and Process 351 5.6 5.7 Industry Structure 353 Industry Value Chains 356 Firm Value Chains 357 Firm Value Webs 358 Business Strategy 359 Case Study: Pandora and the Freemium Business Model Review 367 362 Key Concepts 367 Questions 369 Projects 370 E-COMMERCE MARKETING Learning Objectives 372 Facebook: Does Social Marketing Work? 6.1 372 373 Consumers Online: the Internet Audience and Consumer Behavior Internet Traffic Patterns: the Online Consumer Profile 378 377 30 C o n t e n t s Intensity and Scope of Usage 379 Demographics and Access 379 Type of Internet Connection: Broadband and Mobile Impacts 382 Community Effects: Social Contagion in Social Networks 383 Lifestyle and Sociological Impacts 384 Media Choices and Multitasking: The Internet versus Other Media Channels 385 Consumer Behavior Models 385 Profiles of Online Consumers 388 The Online Purchasing Decision 388 A Model of Online Consumer Behavior 390 Shoppers: Browsers and Buyers 393 What Consumers Shop for and Buy Online 395 Intentional Acts: How Shoppers Find Vendors Online 395 Why More People Don't Shop Online 396 Trust, Utility, and Opportunism in Online Markets 396 6.2 6.3 The Digital Commerce Marketing Platform: An Overview 397 Strategic Issues and Questions 398 Can Brands Survive the Internet? Brands and Price Dispersion on the Internet Online Segmenting, Targeting, and Positioning 401 The Digital Commerce Marketing Platform: Strategies and Tools Conversations and Customer Engagement 403 Market Entry Strategies 404 The Web Site as a Marketing Platform: Establishing the Customer Relationship 406 Traditional Online Marketing Tools 407 Search Engine Marketing 407 Display Ad Marketing 408 E-mail and Permission Marketing 411 Affiliate Marketing 412 Lead Generation Marketing 412 Sponsorship Marketing 413 Social Marketing: Sharing and Engaging 413 Social Marketing 413 Twitter Marketing: All the News and Views Now 415 Blog Marketing 415 Viral Marketing 416 Mobile and Local Marketing 417 Mobile Marketing 417 399 403 C o n t e n t s 31 Insight on Business: Mobile Marketing: Land Rover Seeks Engagement on the Small Screen 419 App Marketing 421 Local Marketing: The Local-Social-Mobile Nexus 422 Multi-Channel Marketing: Integrating Online and Offline Marketing Other Online Marketing Strategies 423 Leveraging Brands 423 Customer Retention Strategies 424 Net Pricing Strategies 427 Long Tail Marketing 433 Channel Strategies: Managing Channel Conflict 434 6.4 Internet Marketing Technologies 422 434 Insight on Technology: The Long Tail: Big Hits and Big Misses 435 The Revolution in Internet Marketing Technologies 437 Web Transaction Logs 439 Supplementing the Logs: Tracking Files 439 Databases, Data Warehouses, Data Mining, and Big Data 441 Databases 441 Insight on Society: Every Move You Take, Every Click You Make, We'll Be Tracking You 442 Data Warehouses and Data Mining 445 Hadoop and the Challenge of Big Data 446 Customer Relationship Management (CRM) Systems 447 6.5 Case Study: Building a Brand: ExchangeHunterJumper.com 6.6 Review 455 450 Key Concepts 455 Questions 458 Projects 459 E - C O M M E R C E ADVERTISING Learning Objectives 460 inMobi's Global Mobile Ad Network 7.1 460 Marketing Communications 461 465 Online Advertising 466 Display Ads: Banners and Pop-Ups 468 Rich Media Ads 470 Video Ads 471 Search Engine Advertising: Paid Search Engine Inclusion and Placement Mobile and Local Advertising 478 Social Advertising: Social Networks, Blogs and Games 478 Sponsorships 482 Referrals (Affiliate Relationship Marketing) 482 472 Insight on Society: Marketing to Children of the Web in the Age of Social Networks 483 E-mail Marketing and the Spam Explosion 486 Behavioral Targeting: Getting Personal 489 Mixing Offline and Online Marketing Communications 492 Insight on Business: Are the Very Rich Different from You and Me? 494 7.2 Understanding the Costs and Benefits of Online Marketing Communications 497 Online Marketing Metrics: Lexicon 497 How Well Does Online Advertising Work? 501 The Costs of Online Advertising 504 Software for Measuring Online Marketing Results 507 Insight on Technology: It's 10 P.M. Do You Know Who Is On Your Web Site? 7.3 The Web Site as a Marketing Communications Tool Domain Names 510 Search Engine Optimization 511 Web Site Functionality 512 7.4 508 510 Case Study: Instant Ads: Real-Time Marketing on Exchanges 516 7.5 Review 520 Key Concepts 520 Questions 522 Projects 523 ETHICS, L A W , A N D E - C 0 M M E R C E Learning Objectives 524 524 Internet Free Speech: Who Decides? 8.1 525 Understanding Ethical, Social, and Political Issues in E-commerce A Model for Organizing the Issues 529 528 C o n t e n t s 8.2 8.3 Basic Ethical Concepts: Responsibility, Accountability, and Liability Analyzing Ethical Dilemmas 533 Candidate Ethical Principles 533 Privacy and Information Rights 531 535 Information Collected at E-commerce Sites 536 Social Networks and Privacy 537 Mobile and Location-Based Privacy Issues 539 Profiling and Behavioral Targeting 540 The Internet and Government Invasions of Privacy: E-commerce Surveillance Legal Protections 545 Informed Consent 545 The Federal Trade Commission's Fair Information Practices Principles The European Data Protection Directive 552 Private Industry Self-regulation 553 Privacy Advocacy Groups 554 The Emerging Privacy Protection Business 554 Technological Solutions 555 Intellectual Property Rights 558 Patent Reform 568 Trademarks: Online Infringement and Dilution 570 Trademarks and the Internet 570 Cybersquatting and Brandjacking 571 Cyberpiracy 572 Metatagging 573 Keywording 574 Linking 575 Framing 575 Challenge: Balancing the Protection of Property with Other Values Governance 576 548 556 Types of Intellectual Property Protection 557 Copyright: the Problem of Perfect Copies and Encryption Look and Feel 559 Fair Use Doctrine 559 The Digital Millennium Copyright Act of 1998 560 Patents: Business Methods and Processes 563 E-commerce Patents 564 Insight on Technology: Theft and Innovation: The Patent Trial of the Century 8.4 543 Who Governs the Internet and E-commerce? Can the Internet Be Controlled? 578 576 576 565 I 33 C o n t e n t s Public Government and Law Taxation 579 579 Insight on Business: Internet Sales Tax Battle 8.5 Net Neutrality 584 Public Safety and Welfare 586 Protecting Children 587 Cigarettes, Gambling, and Drugs: Is the Web Really Borderless? Insight on Society: The Internet Drug Bazaar 8.6 8.7 581 589 590 Case Study: The Google Books Settlement: Is It Fair? Review 599 594 Key Concepts 599 Questions 603 Projects 604 ONLINE M E D I A 606 Learning Objectives 606 Spotify and Deezer: European Streaming Music Services Spread Around the Globe 9.1 Online Content 610 9.2 The Online Publishing Industry 607 Content Audience and Market: Where Are the Eyeballs and the Money? 613 Media Utilization 613 Internet and Traditional Media: Cannibalization versus Complementarity 614 Media Revenues 615 Three Revenue Models For Digital Content Delivery: Subscription, A La Carte, and Advertising-Supported (Free and Freemium) 615 Online Content Consumption 616 Free or Fee: Attitudes About Paying For Content and the Tolerance for Advertising 617 Digital Rights Management (DRM) and Walled Gardens 619 Media Industry Structure 620 Media Convergence: Technology, Content, and Industry Structure 621 Technological Convergence 621 Content Convergence 621 Industry Structure Convergence 623 Making a Profit with Online Content: From Free to Fee 623 625 C o n t e n t s 35 Online Newspapers 625 Audience Size and Growth 626 Newspaper Business Models 627 Insight on Society: Can Apps and Video Save Newspapers? 629 Challenges: Disruptive Technologies 631 E-Books and Online Book Publishing 631 Amazon and Apple: The New Digital Media Ecosystems What are the Challenges of the Digital E-Book Platform? E-Book Business Models 636 Interactive Books: Converging Technologies 637 Magazines Rebound on the Tablet Platform 638 633 635 Insight on Business: Read All About It: Rival Digital Newsstands Fight 9.3 The Online Entertainment Industry 639 641 Online Entertainment Audience Size and Growth 642 User-Generated Content: Where Does It Fit? 643 Television and Premium Video 644 Movies 647 Music 651 Games 654 The Online Entertainment Industry Structure 656 Insight on Technology: Hollywood and the Internet: Let's Cut a Deal 9.4 Case Study: Zynga Bets on Online Games 9.5 Review 664 658 661 Key Concepts 664 Questions 666 Projects 667 SOCIAL N E T W O R K S A N D C O M M U N I T I E S Learning Objectives 668 668 Viadeo Challenges Linkedln with a Multi-Local Approach 10.1 Social Networks and Online Communities 669 671 What Is an Online Social Network? 672 The Difference Between Social Networks and Portals 673 The Growth of Social Networks and Online Communities 673 Turning Social Networks into Businesses 676 Types of Social Networks and Their Business Models 677 C o n t e n t s Insight on Society: The Dark Side of Social Networks Social Network Features and Technologies The Future of Social Networks 683 10.2 Online Auctions 678 682 683 Insigh t on Technology: Facebook Has Friends 684 Defining and Measuring the Growth of Auctions and Dynamic Pricing 686 Why Are Auctions So Popular? Benefits and Costs of Auctions 689 Benefits of Auctions 689 Risks and Costs of Auctions for Consumers and Businesses 690 Market-Maker Benefits: Auctions as an E-commerce Business Model 691 Types and Examples of Auctions 691 Internet Auction Basics 692 Types of Auctions 694 When to Use Auctions (and for What) in Business 698 Seller and Consumer Behavior at Auctions 700 Seller Profits: Arrival Rate, Auction Length, and Number of Units 700 Auction Prices: Are They the Lowest? 701 Consumer Trust in Auctions 702 When Auction Markets Fail: Fraud and Abuse in Auctions 702 10.3 E-commerce Portals 702 The Growth and Evolution of Portals 704 Insight on Business: The Transformation of AOL 706 Types of Portals: General-purpose and Vertical Market Portal Business Models 710 709 10.4 eBay Evolves 712 10.5 Review 716 Key Concepts 716 Questions 721 Projects 721 E - C O M M E R C E RETAILING A N D S E R V I C E S Learning Objectives 722 722 Souq.com: The Amazon of the Middle East 11.1 The Online Retail Sector The Retail Industry 728 72 7 723 C o n t e n t s Online Retailing 730 E-commerce Retail: The Vision 730 The Online Retail Sector Today 731 Multi-Channel Integration 734 11.2 Analyzing the Viability of Online Firms 736 Strategic Analysis 736 Financial Analysis 737 11.3 E-commerce in Action: E-tailing Business Models Virtual Merchants 739 E-commerce in Action: Amazon.com 738 739 Multi-channel Merchants: Bricks-and-Clicks 748 Catalog Merchants 749 Manufacturer-Direct 750 Common Themes in Online Retailing 752 Insight on Technology: Using the Web to Shop 'Till You Drop 754 11.4 The Service Sector: Offline and Online 756 What Are Services? 756 Categorizing Service Industries 757 Knowledge and Information Intensity 757 Personalization and Customization 757 21.5 Online Financial Services 758 Financial Services Industry Trends 758 Online Financial Consumer Behavior 760 Online Banking and Brokerage 761 Multi-Channel vs. Pure Online Financial Services Firms Financial Portals and Account Aggregators 763 Online Mortgage and Lending Services 764 Online Insurance Services 765 Online Real Estate Services 766 11.6 Online Travel Services 768 Why Are Online Travel Services So Popular? The Online Travel Market 769 Online Travel Industry Dynamics 769 768 770 Insight on Business: Zipcar Shifts in to High Gear 11.7 Online Career Services 773 Insight on Society: Phony Reviews 774 It's Just Information: the Ideal Web Business? Online Recruitment Industry Trends 778 776 762 37 11.8 Case Study: OpenTable: Your Reservation Is Waiting 11.9 Review 784 780 Key Concepts 784 Questions 791 Projects 792 B2B E - C O M M E R C E 794 Learning Objectives 794 Volkswagen Builds a Worldwide B2B Procurement Platform 795 12.1 B2B E-commerce and Supply Chain Management 799 Defining and Measuring the Growth of B2b Commerce The Evolution of B2B Commerce 800 The Growth of B2B E-commerce 2011-2016 802 Industry Forecasts 803 Potential Benefits and Challenges of B2B E-commerce 799 804 Insight on Society: Where's My iPad?Supply Chain Risk and Vulnerability The Procurement Process and the Supply Chain 807 Types of Procurement 808 The Role of Existing Legacy Computer Systems and Enterprise Systems Trends in Supply Chain Management and Collaborative Commerce 810 Just-in-Time and Lean Production 810 Supply Chain Simplification 810 Supply Chain Black Swans: Adaptive Supply Chains 811 Accountable Supply Chains: Labor Standards 812 Sustainable Supply Chains: Lean, Mean and Green 813 Electronic Data Interchange (EDI) 814 Supply Chain Management Systems: Mobile B2B in Your Palm 817 Collaborative Commerce 818 Insight on Technology: RFID Autoidentification: Giving a Voice to Your Inventory 819 Social Networks and B2B: The Extended Social Enterprise Main Types of Internet-based B2B Commerce 823 12.2 Net Marketplaces 824 The Variety and Characteristics of Net Marketplaces Types of Net Marketplaces 824 E-distributors 826 824 822 805 809 C o n t e n t s E-procurement 827 Exchanges 828 Industry Consortia 831 The Long-term Dynamics of Net Marketplaces 833 12.3 Private Industrial Networks 835 What Are Private Industrial Networks? 835 Characteristics of Private Industrial Networks 836 Private Industrial Networks and Collaborative Commerce 837 Insight on Business: Walmart Develops a Private Industrial Network Implementation Barriers 840 12.4 Case Study: Elemica: Cooperation, Collaboration, and Community 12.5 Review 847 Key Concepts 847 Questions 851 Projects 852 838 842 39