Our E-commerce

Can You Really Make Money In Less Than 24 Hours Starting From Scratch?

2008-07-31T02:54:00.000-07:00

If you've tried making money online before, you probably know that it's often difficult to get started.

Most people think you need a lot of experience in building fancy websites and generating tons of traffic to make any real sales.

The other day I stumbled across a site that actually shows you (step-by-step) how to get a complete money making website up and running in less than 2 hours ... guaranteed.

It also shows you the secrets to getting the top spots on Google in as little as 24 hours!

Here's some of what you'll discover when you watch these videos:

- The no cost methods to automatically getting 100 or more visitors per day within 24 hours of building your site

- How to find a HOT niche in less than a minute.

- Where to instantly get free content.

- How to constantly have your site updated automatically.

- The fastest methods for making the most money with your site.

Here's what just some people had to say about the videos after watching them:

"A "must see" for anybody who wants to start making money on the Net fast."

"Some of the best beginner techniques and tips I've ever seen."

"...it is wonderful to see exactly how to do these things when you are someone like me who does not have a background in building websites."

Over 4,500 people have already watched these videos and saw a site being built from scratch (it's surprisingly easy when you watch these) and actually make money in less than 24 hours.

The whole process is covered from start to finish in step-by-step videos that are easy enough for anyone to follow.

If you're interested in making some money online you can check them out here:

http://autoprofitsmarketing.com

All the best,

Michael Hoo

P.S. I'm not sure how long the videos wil be available for, so you should visit asap

http://autoprofitsmarketing.com

E-Government in Malaysia: Its implementation so far and citizen’s adoption strategies.

2008-07-06T03:44:00.001-07:00

The Electronic Government initiative in Malaysia was launched to lead the country into the Information Age. It has improved both how the government operates internally as well as how it delivers services to the people of Malaysia. It seeks to improve the convenience, accessibility and quality of interactions with citizens and businesses; simultaneously, it will improve information flows and processes within government to improve the speed and quality of policy development, coordination and enforcement.

The myGovernment Portal (www.gov.my) acts as the one-stop source of Malaysian government information and services for the citizens.

Malaysian e-government successful applications:

Government’s drive for e-government services

Electronic Labour Exchange (www.elx.gov.my) has matched 75,000 potential employees with employers since 2005.

SMS alert on e-government services

Online renewal of driving licenses

Electronic filing of income tax forms

Voter information

Details for government tenders

Employment opportunities

Problems faced in e-government implementation:

Lacks of public awareness – 60% of the public are not aware of the services offered.
Online Behaviour - Malaysians remain sceptical on being distrust on electronic transaction especially on banking online and buying from an Internet store.

Language barrier – Most of the government websites had in the past been in Bahasa Malaysia. However, there are English versions now.

The adoption of e-government bring more convenient to Malaysian and people no longer need to walk to the office to pay their tax form and etc, but pay it in the internet. Nowadays, this implementation still not popular among Malaysian but in the future this will be a great benefit for them.

Click here for more details: http://ecommerze.blogspot.com/search/label/e-Government

Learn more about E-government: http://en.wikipedia.org/wiki/E-Government

Things to take note to prevent e-auction fraud when a consumer participating in an e-auction

2008-07-06T01:16:00.000-07:00

Auction are define as market mechanism by which buyers make bids and sellers place offers; characterized by the competitive and dynamic nature by which the final price is reached. Electronic auctions (e-auctions) are auctions conducted online.

I would like to share a list of tips you can use to prevent e-auction fraud when participating in an e-auction.

First, learn how the auction runs. Find what obligations you have as a buyer, and what obligations the seller has before you make a bid. Seller will not liable to help you if you do not follow proper prevention measures. Next, read the comments left by previous buyers on the seller, to find out if it's a reputable seller. This step may use to verify the seller identification.

Third, look at the method of payment that the seller accepts and where the buyer is to send the payment. If you're making an online payment, make sure the site is secured. Fourth, ask the seller how long the delivery will take, and the loss and damage claims if the item fails to deliver on the time or damaged during the deliver process. This may show in the seller insurance policy.

Fifth, ask for the warranty policy if there is any warranty or the exchange policy, if there is a problem on the item purchases. Next, Check whether the shipping and delivery fees are included in the price, so you won't be any surprises when you get the shipping and delivery bills.

Lastly, inspect the item when it delivery to you to ensure the item is physically in good condition.

A review on an post on legal from my E-Commerce blog

2008-07-05T06:54:00.000-07:00

After review the blog “UK to get tough with illegal downloader”

This idea is really amuse me very much as the UK government’s new law target to approximately 6 millions netizen. But the most frightening thing is about such ideas that they are still trying to take all over the world by decision makers in government and industry who have absolutely power. No matter how the Internet actually works or damage to the democracy. Therefore, this idea is in consideration as impossible.

The another problem is the music and film companies need to have the conclusive proof that shows us the illegal downloads have cost them to lose million of pounds in revenues. There should be no more talk about changing or to impose laws on this “problem” until someone proves there is a fact.

Furthermore, this proposal was drafted in consultation green paper, defined as “a proposal without any commitment to action.” The government receives many of these each day and they are just like spam received by us generally.

This proposal is totally and completely unworkable in the real world. It is impossible for ISPs to open and check if every single download was legal or not. In addition, it is also difficult to determine which downloading is legal or illegal. This isn’t in the best interests of the government, the ISPs and the citizens. The ISPs cannot suffer the loss from banning customers and exposing themselves to billions in liability. Criminalizing six million citizens and inconveniencing the rest is not a vote winner.

Last but not least, there are a lot of people criticizing this proposal and pointing out the flaws. For instance, what if someone is illegally downloading during working time through company’s network connection? What if the person going to a friend’s house and using their computer? Or using wi-fi in Starbucks with a laptop?

It is hard to impose a law on internet in order to ban the illegal downloading activities. However, if the proposal has passed and come into force, and you are the illegal downloader in UK, it is strongly advise you to either stop it or find a plan B.

Corporate Blogging: A new marketing communication tool for companies.

2008-07-02T07:38:00.000-07:00

A corporate blog is published and used by an organization to reach its organizational goals。Corporate blog can build rapport with customers. To publish a corporate blog, you're giving your customers a channel to interact and get to know your brand and organization in a format that they're familiar and comfortable with. People give free feedback and suggestion about your products, your brand, your competitors. Position your business as a thought leader. One of the most effective marketing strategies is “Show, don't tell”. You can use your corporate blog to take advantage of this strategy by demonstrating your expertise and experience in your industry through commentary, guides, analysis.Indirectly Generate revenue Having high-quality content on your blog goes further to reinforce the value your organisation can provide and reduces the need to “hard sell”. For instance writing regular blog, high quality content then you’re likely to have visitors. Vistors who come back. Visitors who tell their friends. Visitors who also own blogs and write about your corporate blog. They will also have visitors. Suddenly you have a blog that behaves like viral marketing.

By providing companies with unvarnished feedback from customers, it can serve as an early-warning system for prodcut or service problems. It can also provide an easy and inexpensive way to deliver specialized information to narrow segments.

Dell's blog provides a good model reflects company's desired image and supports its strategy. By emphazing how the blog provides a direct connection between the company and its customers. Dell reinforces its core strategy of seeliing gear directly to buyers, without having to go threough middlemen. The blog has also been designed as part of a larger coordinated effort to rebuild the company's reputation, which has been damaged recently by service miscues.

Top 10 Corporate blogs

#10: The Otter Group
#9: English Cut
#8: SunBelt Software
#7: GM Fast Lane
#6: Adobe Software
#5: Ask.com
#4: Tom Peters
#3: Yahoo! Search
#2: O’Reilly Radar
#1: Google

Pros:
-Ease way of sharing information with employees
-Be more accessible
-Executives can easily receive employees'feedbackand question improve company performance.
-Save time and indirectly getting large volume of customers

Cons:
-Too easy for defamation and invasion of privacy
-Breach information security and loss of company confidentiality
-Loss of productivity
-Majority of older generation are not comfortable using the internet and related technologies
-Employees with low education level lack of the knowledge with developing technologies.

Electronic Currency

2008-07-01T09:04:00.000-07:00

Electronic money refers to money or scrip which is exchanged only electronically.Micropayments are means for transferring very small amounts of money, in situations where collecting such small amounts of money with the usual payment systems is impractical, or very expensive, in terms of the amount of money being collected. Micropayment could efficiently handle payments at least as small as a mill, but now is often defined to mean payments too small to be affordably processed by credit card or other electronic transaction processing mechanism

Peppercoin is a cryptographic system for processing micropaymentsThe"Peppercoin" method uses universal aggregation, which we some-times also call cryptographic selection or many/many/many aggregation, since it aggregates smoothly across many consumers, many merchants, and many payment service providers. With universal aggregation, each participating merchant processes micro payments directly, using special cryptographic software. The software first checks the validity of the micro payment—for example, by checking the consumer's digital signature on that micro payment. If the micro payment is valid, the merchant then completes the transaction and delivers the purchased goods to the consumer. The software then checks whether the micro payment “qualifies for an upgrade” (to a macro payment). If the micro payment does not qualify for an upgrade, the merchant merely logs the micro payment, and need do no further processing. If the micro payment does qualify for an upgrade to a macro payment, then the merchant will deposit that micro payment as a macro payment with his bank

Paystone provides an inexpensive online payment method without the risk of chargebacks from fraudulent credit card use. Paystone can efficiently handle small financial transactions (micropayments) as low as $0.25. The ability to process micropayments opens a whole new world for entrepreneurs of all sizes.

In addition to payments Paystone also provides an email money transfer option. A Paystone account holder can send funds to the email address of anyone in many countries around the world. The recipient of the funds signs up for Paystone and can cash out the money to their local bank account. For companies sending a large volume of payments they can access our GroupPay© feature to send many individuals money all at once.

The application of pre-paid cash card for consumers

2008-06-29T06:02:00.000-07:00

The users of prepaid cash card have increased year by year. However, why so many consumers have started to apply prepaid cash card nowadays? What is the prepaid cash card? Are they same like credit or debit card and etc…all of the question about prepaid cash card may have hesitated most of the people from applying a prepaid cash card.

A prepaid cash card is a card that allows people to make cashless payment without access to credit or debit cards. You can reload the balance at the retail location where you purchased the card or directly deposit of your checks. You can use it anywhere credit cards are accepted.

Since the prepaid cash cards are only authorized to process transaction by key in personal identification number, no one else can use your card. This means that if someone steals your card information, or your physical prepaid cash cards, you do not need to worry about them using your money. This is why prepaid cash cards are considered the most secure and safe financial transaction cards.

The great thing about prepaid cash cards is that they give convenience to you. Automated teller machines are everywhere now, and you can use prepaid cash cards at automated teller machines to withdraw cash from your checking account, deposit funds into your checking account, and even check your account balance. In the event that you ever need cash in a pinch, you can use your prepaid cash card to get funds from millions of ATMs nationwide.

Touch ‘n Go uses contact less smartcard technology. The card looks similar to a credit card. User can continue using the card as long as it is pre-loaded with electronic cash. User can reload the card at toll plazas, train stations, Automated Teller Machines, Cash Deposit Machines, Petrol kiosks and at authorized third party outlets. Reload denomination is ranging from RM20 to RM500.

Octopus is an electronic system that makes traveling, dining and shopping in Hong Kong simple and hassle-free. Each Octopus contains a built-in microchip containing all your payment information. With a simple 'touch & go' of your Octopus at a processing machine, the system automatically deducts the correct amount. There is no longer a need to carry coins.

Now, Octopus is available at over 1,000 different Service Providers including public transportation services, apparel stores, bakeries, car parks, cinemas, convenience stores, fast food chains, household stores, leisure facilities, personal care stores, photo finishing stores, photocopiers, supermarkets, and vending machines.

Credit Card Debt : Causes and Prevention

2008-06-27T08:04:00.000-07:00

Credit card is defined as any card that may be used repeatedly to purchase product and services on credit which issued by banks and financial institutions. Credit cards provide us with the added security and ease when shopping and traveling but we tend to misuse them and may lead to credit card debt. When properly used, is an extremely convenient tool.

Now, I would to share some causes of credit card debt…The major factor that causes credit card debt is many credit card users only pay the interest and the minimum amount of principal when the debt is due, thus never fully repaying the entire sum. Debt accumulates and increases via

interest and a penalty when the consumer does not pay the company for the money he or she has spent is the second major factor that causes credit card debt nowadays.

Thirdly, with prices of goods and services going up and not the income, more and more Malaysians are forced to spend beyond their earnings. Thus, they will use credit card to purchase goods and services and unable to pay back the expenses. Fourth, with no savings, people can also be sucked into credit card debt by unemployment. They will use the credit card to cover basic living expenses and may found difficulties to pay back the amount.

Let me share some tips to prevention credit card debt with you all. First, if you find yourself making interest payments every month on your credit cards, the first step is to assess your income and expenses. Total your monthly expenses and subtract them from your income. This is your disposable income after expenses, and also the amount you have each month to use as you deter mine.

The next step is to stop charging items on your credit cards and pay cash for items you must buy. Then analyze your credit card debt, pay credit card debt with highest rate of interest in priority. Use your disposable income to completely pay off the card with the highest rate. Once that card is paid off, close the account and destroy the card. Then focus your attention on the next card, and do the same until all of the debt on your cards has been completely paid off.

Finally, just use one or two cards and use them as a financial tool. Remember that a credit card is not the same as free money. If you still have problem, leave you credit card at home while you are shopping.

Conclusion, credit cards should be used for emergencies only, unless you plan on paying the entire balance off immediately. Never pay the minimum amount due unless you truly can’t afford any more.

A review on a post on e-tailing from My E-Commerce blog

2008-06-26T02:13:00.000-07:00

Have you shopped online? This is not a new thing for all for us. People just can stay at home and sit down, then surfing the internet for online shops. Just a few click and they will get their desired things. So what is this all about? It is e-tailing. E-tailing (less frequently: etailing) is the selling of retail goods on the Internet. Short for "electronic retailing,". E-tailing is synonymous with business-to-consumer (B2C) transaction.

Nowadays, Internet is getting crowd with all intense competitors. On web sites customers generally comes to research and see prices so that they can make decisions. Why e-tailing is so important in this business world today and what is the advantage for this online business.

There are 4 major advantages why people prefer on e-tailing:

1. Product
If you are the person who likes music or books, you no need to go down the street to buy for it. Nowadays, some website has provided this kind of products such as amazon, you can download your music and books in the internet.

2. Place
Finding a store for a real life maybe difficult and it takes some time to find it. But the e tailing store is more convenient and the setup process is not so costly instead of the store for real life is much more expensive.

For e tailing store, the website is published to World Wide Web while the real life store only for specific area only. That’s why people prefer go online shopping.

3. Price
It is obvious that the price of the products of the online shops is much cheaper than the real stores. For example Dell computer, the price they offered is cheaper than the price at the outside stores. This is because Dell is based on retailer to customer without the existence of wholesaler.

4. Promotion
Instead of promoting your product through the traditional way such as newspaper, television, magazines and etc, internet advertising also can be used in e tailing such as banner, link, ads and many more to advertise your products through internet.

In Malaysia, e-tailing has been gradually grown. For example, Public Bank has offered the E-mall where people can buy things they desired. You can go here: http://www.pbbemall.com/mall/home.jsp

Lelong.com is the biggest auction in Malaysia where you can buy your product just to bid a price. There is a variety products of things can bid. www.lelong.com.my.

Mobile payment systems in Malaysia: Its potentials and consumers’ adoption strategies.

2008-06-26T01:52:00.000-07:00

Have you ever been thinking about using your mobile phone to pay your water, electricity bills and etc? Do you know that your mobile phone can use as credit card to buy goods? Well, these concepts already become a reality where you can use you mobile phone to make payment very easily.

In Malaysia, Mobile Money International Sdn Bhd launched the MM Wallet which enables users to conduct transactions via short messaging service (SMS) by personal identification number (PIN) authorization using a mobile phone. You can visit this website for more details: http://www.neowave.com.my/mobilemoney_overview.asp .

http://w ww.mobile-money.com/

Using mobile money is secure, convenient and secure. How this payment is made using the mobile phone? In order to pay using Mobile Money, a shopper must have a savings, current or credit card account with participating banks. It functions like a Credit Card if a shopper applies for a "Pay by Mobile Phone" credit card account. The shopper will be billed by the bank accordingly by month's end. In addition, it functions as a Debit Card if it is tied to shopper's savings or current account. The amount will be deducted instantly from the account upon successful transaction. This is the screenshot where step-by-step the payment was made: http://www.neowave.com.my/mobilemoney_screenshots.asp

Although this payment in Malaysia not so popular, but it has potential that many people will start using this system to pay their bills, in the future, many people will use this payment method to do transactions instead of go outside.

The threat of online security: how safe is our data?

2008-06-22T11:21:00.000-07:00

With the advancement of technology today, there are various online security systems or software could safeguard our data. However, there are also numerous of online threats attack your computer system, personal data and privacy anytime without your attention while u access the websites.

Malicious attacks are cyber attacks that can be further broken down into attacks caused by malicious code. The most common form of malicious code is computer virus. It’s a computer program can replicate itself and infect a computer without permission or knowledge of the user. The virus can easily spread by a user sending it over a network on the internet or by carrying it on a removable medium such as floppy disk, CD, USB drive. For example, the May 2000”I Love You” virus was a simple and small piece of code attached to e-mail which cause e-mail servers to overload and business to shut down email. It ever caused over $100milllion in US damages and over $1 billion in worldwide losses.

Spyware is any technology that aids in gathering information about a person or organization without their knowledge. On the Internet, spyware is programming that is put in someone's computer to secretly gather information about the user and relay it to advertisers or other interested parties.

A Trojan horse is a destructive program that can cause serious damage by deleting files and destroying information on your system. Trojans are also known to create a back door on your computer that gives malicious users access to your system, possibly allowing confidential or personal information to be compromised. Trojans unlike virus or worms, they do not reproduce by infecting other files nor do they self-replicate

Nowadays, identity theft has become general. Identity theft is online fraud that unauthorized collection and use of personal information such as social security numbers, signature, name, address, phone number, credit card information, usually for criminal purposes. Internet provides a new way for people to steal your personal information. Crackers using internet chat rooms and spreading Trojan horses that drop key loggers on your computer to transit any passwords, usernames and credit card numbers you use on your computer back to the crackers . Internet identity theft has made many people hesitant about making a purchase online or signing up for what others consider everyday occurrences such as creating PayPal account, purchasing from e-commerce sites, using internet banking and checking credit card statements online.

The Application of Third Party Certification Programme in Malaysia

2008-06-22T04:23:00.001-07:00

Third-party certification is a scientific process by which a product or service is reviewed by a reputable and unbiased third party to verify that a set of criteria, claims or standards are being met. Certification Authority (CA) is a trusted third party in a public key security system is responsible for vouchsafing the identity of users and issuing them with certificates that bind the public key to their identities.

One of the certificate authorities in Malaysia is MSC Trustgate.com Sdn Bhd. MSC Trustgate.com Sdn Bhd is a licensed certificate authorities in Malaysia which establish in 1999. Trustgate.com Sdn Bhd offer security solutions and leading trust services such as digital certification, digital signatures, encryption and decryption.

VeriSign is a Secure Sockets Layer (SSL) services provide by Trustgate.com Sdn Bhd. This is the standard security technology for establishing an encrypted link between a web server and a browser to ensure all information remains private and integral. SSL is used by websites in the protection of their online transactions with their customers. To be able to create an SSL connection a web server requires an SSL Certificate. All SSL Certificates are issued to either companies or legally accountable individuals.

How to safeguard our personal and finance data

2008-06-22T03:05:00.000-07:00

How can we safeguard our personal and finance data nowadays?? Let me share some of the way to safeguard our personal and finance data.

1. Protect your computer's security.
Use as many tools as you can to protect your personal and finance information from the nefarious. Failing to protect your computer is just as bad as leaving your door unlocked.

2. Shred old documents.
One of the best ways you can protect yourself against potential fraud or identity theft is to eliminate your own paper trail. A basic desktop shredder will be enough for household needs.

3. Be vigilant while using the Internet.
Verify the validity of any requests for personal information before you give out any of your sensitive data.

4. Use a credit card with a small limit
It's all too easy for a dishonest sales clerk to use your credit card information while you are doing online purchases. At least you may minimize your losses, if the card you use for these purchases has a low credit limit.

5. Choose your PIN wisely.
While you want to choose something you'll remember, don't choose something that people could figure out easily by learning your birth date or your child's name. A combination of uppercase and lowercase letters, numbers, and symbols will offer you more security.

6. Clear your cache
If you are using public computer to login to any website that contain your personal and finance data, you may clear your cache after each login to ensure your information are delete from the particular computer. This is to avoid public computer which may contain any software that capture password.

A review on a post on internet security from my E-Commerce

2008-06-22T01:58:00.000-07:00

After reviewing on the blog of Identity theft: Cases on stolen laptops, hacking and lost CD.I find it that most of the users are only have the knowledge in managing well to their data, less of them have the awareness about the importance of security towards their database. Therefore, it gives a chance for others to steal confidential information easily.

Do you have ever heard this scandal? Now known as “Edison Chen incident” in last few months? The biggest scandal in year has continually placed on newspaper front pages every days since the obscene photographs have first broke in the newspapers on January.

After investigated by police, it is believe that the naked pictures were leaked when Edison got his apple laptop to a centre computer shop for repairs. The technician accidentally discovers several hundred of indecent photograph and video from Edison’s laptop and copies it onto his own computer. Several weeks ago, the obscene photographs have posted onto internet. After two months, Edison response to the condemnation by decided give up his entertainment career.

Form this incident, can you fully realize how private affair can impact a man future while it is ignominious. Moreover, everyone can be the victim if the confidential information has leaked indeliberately. Therefore, we have the responsibility to protect our data strictly.

Some people may have this question: how and why the file and folder have to be protected? I am encouraging you to use the file lock software to encrypt your file or folder. File Lock not only protects files from unauthorized users but also safeguards them from Viruses, Trojans, Worms, Spyware, Malware, etc and from network computers and hackers who may try to steal your files when you connect to the Internet.

With File Lock encryption option, secret files are highly secure. Hackers can't access to secured files even if they break through to the computer which means we can peace in mind to save our data in computer.

Notice: if you have the interest to download the file lock software, you can type “file lock” in search engine, however, it was mention that most of the free download software is trial version means you have to register in order to get it.

An example of an E-Commerce failure and its causes

2008-06-16T07:48:00.000-07:00

Do you have ever browsed this website? http://www.shoe22.com/ . This fraudulent website is no longer doing business anymore. In previous, the shoe22.com is online retailer of doing shoes business. However, its dishonest in running business has received many complaints against shoe22.com with the comments “don’t trust it” or “good liars”!

In the case of shoe22.com, most of the complaints are about the company didn’t send the shoes or sent the wrong shoes to customers while the payment is made. They have ever tried to contact the company through e-mail, but most of the customers get no response. They are all heartbreak and disappointed because their hard earned money were rip off by the company!

The main factor that leads e-commerce to failure is fraud, most of the transaction dealt in e-commerce is required customers to make the payment first but what’s the guarantee can be issued to ensure the customers could have received the merchandise later? Normally is no! It is simply depend on credit of the organization. This is the factor cited people as a reason why they are discouraging from online shopping.

Furthermore, the customers’ service is very poor, shoe22.com responses the e-mails selectively and even avoid replying from those questions about the status of refund payment by giving them excuses. Apart from that, shoe22.com deliberately gives the inappropriate information of merchandise intends to mislead the buying decision of customers. For instance, many customers discover that the quality and design of shoes are unconformity with the provided picture.

In result, the rotten reputation made shoe22.com to be close down. No company will survive if it is known for no integrity in business. In the other hand, customers are advised not to buy the incredible cheapest price from unknown website because it is usually tend to be a scam!!

Notice: Do you have interest to find more complaint cases reporting in web-site?

Check on it http://www.ripoffreport.com/default.asp

An example of an E-Commerce success and its causes

2008-06-16T03:31:00.001-07:00

is one of the top electronic commerce and internet retailers. It sells almost all kind of the products through internet. Furthermore, this pure-online organization makes an amazing figure of net income US$476 millions in year 2007. Its success is any online retailer hope to be achieved. However, is it an easy target? Are they spurred by excellent strategies? Or Amazon.Com just depends on good lucks? This is everyone interest to know as they want to be a next Jeff Bozos, the billionaire, the organizer of Amazon.Com.

Jeff Bezos

I find it that the “recommendation” in Amazon.com is closest to the customers. Do you have ever heard about this function? This function will recommend customers the other items that they may interest and it will change regularly based on the purchase or rate a new item by customer. Put it another way, the recommendation will change while the interest of customer changed. As a website browser we know that we are always missing some information or similar products we are looking for. With use of this, we can get the instant message of related products. Indeed, this function is quite useful and concerning for every single customer’s needs.

“Wish List” is another great way for customers to create their own lists in order to let others know what he or she wants and even lists the items they want to sell. It has attracted many of secondhand sellers to leave their items hawking in Amazon. Com. Furthermore, “Wish Lists” helps customers to discover the new products and the information which is kept up-dating in anytime. Therefore, it enables customers can compare the price with up-to-date information to others.

click on picture for details!!

The "Recommendation" and "Wish Lists" , this two important tools used by Amazon.com gain a competitive advantages from other competitors. Contrast to other online retailers, this two excellent tools have make a big difference between Amazon.com and others since they have no this service function. In addiction, "recommendation" and "Wish Lists" have satisfied online seller and buyer requirements. Apart from that, the relationship between Amazon.com and customers has improved to be more closer than ever by provided to this service tools.

In the other hand, Amazon.com urge the online buyer to use the electronic transaction. For instance, it has a whole page is devoted to convincing its potential customers that using credit cards in processing transaction in their business is very safe. However, the customers have also provided the other options to made payment if they still unsure about using their credit card online.

The main strategy of Amazon.com is based on concept of Bezos, he says what is customers required are biggest selection and lower price. In fact, Amazon.com has put many efforts in order to low down their price, such as the elimination of middlemen; they sell the product directly to customers. What do you think how many employees, an organization have to hire which can produce total revenue of US$14835 million annually? The answer is 14000 only!! It means the major cost – employee wages has reduced to a minimum level. Moreover, the online companies are exempted from sales tax and operated license fees in many countries. All of these evidences prove over and over again that the efforts of Amazon.com to reduce the expenses, and thus customers can enjoy the benefit from lower price.

Amazon.com has successfully pushed up the sales turnover by using the excellent strategies, tools, and services. Furthermore, the advantages create a win –win situation to sellers and buyers in processing transaction. In result, Amazon.com has become a hottest and earth’s most customer-centric company.

The revenue model

2008-06-14T13:35:00.000-07:00

Hi… today I would to share the various revenue models and compare the revenue model for Google, Amazon.com and eBay. Revenue models define as the techniques for generate of income from business activity. There is five type of revenue models available, 1) subscription revenue, 2) transaction revenue, 3) access revenue, 4) advertising revenue, 5) sale revenue.

First, I would like to discuss the revenue modal of Google. Search services and advertising are major way for Google to generate revenue. More than 90% of Google revenue is generated by advertising services. The principal services provide by Google include Google AdWords, Google AdSense, Google Answers, and Froogle.

Google AdWords provide advertising services. Advertisers select their own target keywords and only pay when customers click on their ads. Google AdSense is an ad serving program run by google. Revenue is generated on a per-click or per-thousand-ads-displayed basis and the ads are administered by Google.

Google Answers provide internet user to ask questions, and offer a price for an answer, and researchers answer them. Google will keep 25% of the payment for each a question is answered. Froogle makes it easy for internet user to find information about products for sale online. It makes no commission on sales. Advertising space is available for purchase to be displayed in Froogle in the form of Google AdWords ad.

Amazon.com was one of the first major companies to sell goods by internet. Amazon started business as online bookstore but nowadays they become multi sellers. The product sell by Amazon include toys, computer software, electronics, DVD, MP3 format many more. Besides selling product, they also provide web services such as Amazon Simple Storage Services, Amazon Elastic Compute Cloud, and WebSstore. All this these activity are generate major revenue of Amazon

eBay is an auctioning collectibles and online shopping website. ebay allow buyer to browsing and bidding on item free for charge , but seller are charged. The charges are base on insertion fees, promotional fees and final value fees which are the main revenue of eBay. Insertion fees are charged when an item is listed on eBay, the fees is nonrefundable. Promotional fees are charged for additional listed options that attract attention for an item. Final value fees are a commission that is charged to seller at the end of the auction.

These three companies have showed a success in e-commerce by adopting different type of revenue model. Google are adopting advertising revenue model and access revenue model which can be show the major revenue of Google are contribute by advertising services. While Amazon.com are adopting sale revenue model by their selling activity throughout their website. On the other hand, eBay are adopting subscription revenue and transaction revenue by charging the seller on the item listed on their website and the commission charged on each completed sale transaction.

Discuss how E-commerce can reduce cycle time, improve employees empowerment, facilitate customer support

2008-06-14T00:52:00.000-07:00

E-commerce is the process of buying, selling, transferring or exchanging products, services and information via computer networks. Cycle Time is the amount of time between a customer placing and order and receiving the goods. E-Commerce can reduce cycle time by using electronic devices to communicate internally between employees and departments, and externally between customers, suppliers, and other partners. The use of e-mail, intranets, or extranets helps speed the transmission of information.

Intranet is a corporate LAN or WAN that uses internet technology and is secured behind a company’s firewall. It operates as private network with limited access (only employees with authorization can use it). It usually contains sensitive information. Extranets is a network that uses a virtual private network to link intranets in different locations over the internet. It provides secured connectivity between a corporation’s intranet and the intranets of its business partners, material suppliers and customers. Access is also mostly limited and highly controlled.

Intranets or extranets give the company’s most updated information to employees. Employees can readily reuse information share information across boundaries. Online education and training help staff maintain, improve and expand their knowledge and skills to meet the requirements of a rapidly changing business environment. This creates a base of knowledgeable employees who make more informed, faster decisions. Better decisions increase competitiveness.

Consider the time it typically takes to respond to customer issues. Often, a customer contacts a support person, who then converts the line to business analyst, who would then contact someone in the IT department in order to run queries for the question at hand. The process takes times. By Publishing Frequently Asked Questions (FAQ’s) on a website saves customers time and money waiting on the phone for a response.

Automatic email responses provide customers with instant information to their inquiries. Customers also can know the latest promotion through company’s email. Normally, when you do online shopping, the description, reviews of products are shown in details. Customers can do comparison easily by using this information. For example, Dell only doing online transaction with customers. It allows customers to customize the computer they desired and also making e-payment. It offers a quick and ease way of transaction and maintain the business relationship with customers.

Phishing - Examples and its prevention method

2008-06-13T02:51:00.000-07:00

What is phishing? Phishing in this computer world is where perpetrator using fraud method and criminally and fraudulently steal people information such as username, password, credit card number, bank account number to invade other people privacy. It also can be defined as Phishing emails attempt to steal your identity and will often ask you to reveal your password or other personal or financial information.

How phishing works? The perpetrator carried out using email addresses and instant messaging. They will use fake website they have created instead of legitimate one to steal the information from people, the fraudulent email address that they have sent usually redirect to the perpetrator website which is fake so that it looks similar to the original website.

Many people may not know this website is fake or not, if they are lack of awareness, most probably they will fall into this trap.

The above chart showing that the phishing report between October 2004 to June 2005, it shows us that the phishing activities keep increasing!

The most common target for the phishing is Paypal, eBay and online banks are used to let the perpetrator commit fraud. I also have been phishing by one of the fraudulent email address(left image). I quickly reported to the paypal official website whether this email is real or not. The support team sent to me and said that this phishing email! Luckily I checked before I click on it!

There are many prevention methods to prevent or stop phishing, you can look for the paypal website to learn more about it. https://www.paypal.com/fightphishing
Microsoft also provide the method to fight for the spammers or phishing activities.
www.microsoft.com/protect/yourself/phishing/identify.mspx

Although internet has given us many convenience especially buying or selling goods or services, but the awareness must be taken into account so that you're not been cheated!

History and Evolution of E-commerce

2008-06-09T04:55:00.000-07:00

E-commerce is basically the processes that are put in to place to support a company's business activity on the web or via other electronic means. It simply means that buying and selling things through internet.

History of E-Commerce also provides with important details about how Electronic Commerce began to be used as a popular online mean of economic exchange. Electronic Commerce refers to the online transaction of goods.

In year 1984, EDI, or electronic data interchange, was standardized through ASC X12. This guaranteed that companies would be able to complete transactions with one another reliably. In year 1995, the most two biggest companies that launched in e-commerce: Amazon.com and eBay.com. in year 1999, retail spending over the internet business reaches $20 billion and it is continue to grow!

The E-commerce evolved all thanks to the internet. Over the past few years, online business has been raised dramatically. People are now no longer going out shopping just to buy their desired things but through online, they can buy the things their wanted. Sites such as Amazon and eBay, is where people can shopping on the internet.

It is an important to have this knowledge that helps to understand Internet History better.

2008-06-08T05:59:00.001-07:00

Self-introduction : Mr Chia
Hello everyone, my name is Chin Yong. I think that is nothing much about me because I’m always simple and kind. However, I’m going to introduce myself briefly. During weekend I like to watch movies or listen music to kill my idle time.

The top five website that I visit frequently are:

www.tom365.com – this website is get from my friend, she told me that we could online watch the drama, and the download speed is very fast, smooth, and the image is very clear. It is exactly true; I like this website very much so introduce to you all.

www.google.com and www.yahoo.com, this two search engines are quite useful

www.utar.edu.my – check all the information about my studies.

www.friendster.com – I usually visit this website and browse my friend’s account to see whether they have looked older than before.

During university life in Sungai Long, my entertainment has replaced by studies, most of the time, I go online are searching the information and chatting in msn at the same time. Sometimes, i will download the new songs and software as well. However, I discourage you to do so, because it is illegal activities. hehe....

At last, I hope all my dearest friends support our blog!! thanks you!

Self-introduction: Adrian

2008-06-07T08:02:00.000-07:00

Hi !!! My name is Ang Chong Li, you all also can call me Adrian. I came from Penaang and currently I am year 3 semesters 1 accounting student in UTAR. My hobbies are playing badminton, watching movies and football match. I am happy with my life in uni so far, because I have met a lot of good friends here such as Ivan, Chin Yong, Tat Kian and other more.

The website that I frequently visited is http://www.kwongwah.coom.my/ , which is also my PC homepage. On this website I can get know what are happening in my hometown and the news of sports from around the world. http://www.skysports.com/ is the next website that I often visited. With this website I can get a lot of latest sport news, especially the news of my favorites football team.

I regularly visit http://www.google.com/ , this is the most useful search engine for me when I am doing my assignment. This website always provide me with a lot of other website address that can provide me the information to complete my assignment. I check my e-mail almost everyday in http://www.hotmail.com/. I like this website, although nowadays gmail are the most favorites e-mail website. The last website that I most visited is http://www.pbebank.com/ I use this website to transfer money to my housemate every month for rental. Beside that, I also use it to check my balance in my saving account.

self-introduction : Ivan

2008-06-06T20:58:00.000-07:00

Hello!!! Everyone, my name is Ivan Ee Tat Peng, I come from JB. This is my 1st time introducing myself in blog.I’m wondering if there anything that I could introduce. Nothing special on me, a normal human being, an easy-going guy. My hobbies are playing basketball, badminton, watching movies. Favorite past-times are listening music, playing guitar...music makes life interesting. I’m studying accounting course, year 3 semester 1 currently. My group members are Tat Kian, Chin Yong and Chong Li. They are such a nice group member that I don’t know how to describe.

The website I usually visited is www.sogua.com. This is where I can download nice music. Any fresh and new singer album, u can find on this website in the very 1st time although I don’t know if this is legal or illegal lol. www.thestar.com.my, this is my e-newspaper instead of spending RM1.20 to buy the newspaper. In addition to that, I usually search for video clips that I’m interested in www.youtube.com. This website provides uncounted video clips for public and everybody also can upload whatever videos on it. The next website I surfed the most is www.hotmail.com .Checking my e-mail box is the usual things I do whenever I online. For Me., I think hotmail is the best. The last will be www.google.com, this is my homepage. I like this search engine, it gives me whatever information I need for doing assignment. Just type in the keywords in your mind, there will be many pages of results shown.

My computer automatically sign me in MSN whenever I switch on my computer. It’s hard to control not signing it. Anyway, enjoy in MSN chatting with my friends. I think nowadays online watching movie is become most of the utar students’ internet activities instead of buying dvd or vcd in pasar malam lol. I also frequently login into friendster to view friends’ photos. Haih, when assignments coming, my top internet activity will be finding the information by Google although I don’t really interested in this internet activity.lol

Self-Introduction: Tat Kian

2008-06-05T08:27:00.000-07:00

Hi, my name is Hoo Tat Kian. I came from Sabah and currently I am studying in UTAR and taking accounting courses. The time has gone very fast and I am year 3 semester 1 student already. I am very excited because I have met some good and best friends here such as my group members, Ivan, Chin Yong and Adrian and much much more!

My hobbies are playing badminton, comics such as Bleach or Naruto and also Bible. The website I regularly visited is www.freewarefiles.com . Do you need some free programs so that you no need to paid for it? This is the place where I can get the free software. I think the second website I surfed is www.hotmail.com, this is my primary e-mail and I always check my email, I mean everyday. I am a friendly person, add me as a friend: htk_87@hotmail.com.

Want to earn some money just to read mails? Here is the website: http://pinurl.com/95e. Interested emails that you have chosen and just read it and you get paid! Other than that, I also like to watch anime, to get the latest update on anime series, you can check out from this www.animecrazy.net. Friendster is the way that you can share your profile to the community and make friends, here is the website: www.friendster.com.

That's all my introduction, please leave a comment before you leave! Thanks!

Regards,
Tat Kian

Welcome to Our Own Blog!

2008-06-02T03:04:00.000-07:00

Hi,

We are from UTAR students and we start to blog today. Our group members consist of 4 people and the next following week we will post our review about the business using technology to run their business, that is E-commerce. I hope you all will enjoy our blog and see you next week!

Cheers!