online goods and services Flashcards
define the term online shopping
the buying and selling of goods and services using websites accessed throught he internet
what can you buy through online shopping?
physical goods- books and clothes
non-physical- music and films
how does an online shop work? what stages does the customer /good go through?
website displayes goods for sale
customer places items in a
virtual basket
customer slectes check out and a payment is made
goods are disptched and sent to the cusomer
what are the features of online shops/
search and sort goods images 24/7 comparison to similar products recomendations reviews bookable delivery service for food shopping
how do online shops work for travel ,leisure and entertainment?
booking system displays events available
customer selects seat/flight/holliday and adds it into basket
personal details entered
payment made
conformation email send and they ticket is printed
state some features of an online booking system
sort and search for seats customer reviews compare prices immediate comformation last minute offers
what are the advantages of online shopping compared to the high street
bigger choice shop all day every day comparison for best price don't have to leave the house can return within 7 days reviews
what are the disadvantages of online shopping compared with the high street
need internet cannot use cash cannot see or touch or try on clothes have to pay for delivery need to give personal info risk of not geting goods, or having details stolen on fraud webpages
what are the impacts on lifestyles of having online shopping?
easier for people with disabilites
available for people who work unsocial hours
reduced carbon footprint
more choice for people in remote areas
what impact does online shopping have on businesses?
they can be located anywhere as they dont need to have a shop which can have high rental prices
they dont need many staff thus saving money
they can have a greater range of stock as they dont have to display it.
can appeal to more customers from across the world
what are the stages of an online auction working?
selller and bidder create accounts
seller suplies a description+photo of item at auction
bidder with highest bid wins the item
the bidder is oblidged to buy the won item
the seller and bidder email to arrange payment/delivery
what are the feature of online auctions?
bidders can search for items bidders can see item status users can rate each other sellers can make the item for imediate purchase or bidding secure payment s arranged by the site
what are the advantages of online auctions?
search for items you want
community= trust (4 buyer & seller)
third part secure payments
more sellers = low prices
in what two ways do online auctions help buyer buy safely?
third party payments system such as paypal
buyers can rate each sellers and indicate if they are trustworthy
how does online education and training work?
student creats online account and selects courses
teaching materical is supplied
assignments submitted and returned to students electronically
what are the features of online educational and teaching?
interacative teaching material
communities of teacher and students
personalised learning
students work form home
how do online information services work?
news report are written by newspaper or tv companies and are made available online via subscription or for free
they acces these through rss feeds and websites
what are the features of online information services?
easy to search for and sort news up to date review news form other sources can select news text, images, videos extra content for sucribers user comments
what are two drawbacks of accessing news and imformation online>
content coud be form an unreputable source/biased/untrue
people who dont have computers can miss importaint stories
How does internet banking work?
User creates a secure online bank account. Money can be transferred electronically into an account
Payments can be made
What are some features of online banking?
Up to date view of accounts View all transactions Pay bills online Create new bank accounts Secure access provided
Define the term online gaming?
Enabling the player to connect via the internet and interact with each other
What’s is on demand or streaming?
Used for entertainment services to allow users to play media when they want without internet
What runs an online gaming software?
A central server which streams each players position and actions to all players on the internet
What does an online gamer need? Latency etc.
High bandwidth and low latency
What are the stages/steps in streaming online?
User selects entertainment service
User presses play
Programme continually sent form the server and streamed over the internet
Player buffers some data in case of delays in data arriving
Programme plays
What are the stages/steps in downloading from the internet?
User selects entertainment service
User downloads entire file from server onto computer
User presses play
Programme plays
What improves the performance of streaming content?
High bandwidth and low latency internet connection
In what two ways can organisation operate online?
Websites or online
What are the benefits of organisations having a website rather than a shop>
Can appeal to a wide range of customers
Don’t have to pay overheads such a rent, salaries and fuel bills
Can thus afford to sell products cheaper and still make a good profit
State advantages of selling online rather than in a shop for the seller?
Can work from any location
Low overheads/ initial investment
Can sell to people around the world
What are the advantages for the retailer when buying online?
No need to distribute goods to shops
Easy to make changes to products and prices
Customer only need a web browser, internet connection and a form of paying
Inexpensive way to reach new markets
Minimal start up time and costs. Can be set up form home
Organisation can be located wherever it wants
What are the disadvantages of online shopping for the retailer
Skilled staff needs to develop and run an efficient website
Ensuring payment is secure can be hard
Need a delivery service and someone to handle returns
Customers limited to those with access to internet and can pay online
If the retailer has a high street shop also they may have to shut it down as its suffering due to competition with online
What is a transaction?
it occurs eveyrtime you buy or sell something
what’s transactional data and how is it stored?
The information collected about the sale or purchase
Stored in databases which can be searched
Usually stored in cookies created by the computer when you visit the webpage
Why is transactional data valuable?
Organisations can buy it
Why would organisations buy transactional data?
Allows them to keep purchase records
Allows delivery to be tracked
Contains rich info about shopping habits and preferences
What actually is transactional data/ (examples)
Purchase price Date and time Personal info form online account Delivery tracking data Details of product bought Unique reference number for each transaction