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UNIT -2 LESSON -2 E- marketing, E-tailing, Online Services, E- auctions, Online Portal

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  E-COMMERCE UNIT -2     LESSON -2  E- marketing, E-tailing, Online Services, E- auctions, Online Portal E- marketing All e-commerce solution is a solution to conduct business. through an intra-. extra- or Internet solution. Business-to-business e-commerce (B2B) involves companies selling to other businesses. The interaction with system takes place in almost real time and reduces lag time between discussion and purchase. Trade Cycle:  A trade cycle is the Series of exchanges between a customer and supplier that take place when a commercial exchange is executed. Trade cycle consists of four phases  1 Pre-Sales: This Phase consists or venous tasks in finding a supplier and agreeing the terms This phase can he further classified in • Search- finding a supplier •Negotiate- agreeing the terms of trade 2 Execution: This Phase consist of various tasks in selecting goods and taking delivery This phase can be further classified in •Order.        • Delivery Settlement: This Phase consists of ve

Jim Walton Life Story

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  Jim Walton Life Story James Carr Walton was born on June 7, 1948. He is an American businessman, currently the heir to the fortune of Walmart , the world's largest retailer. As of March 2022, Walton was the 17th-richest person in the world, with a net worth of $62.5 billion according to Bloomberg Billionaires Index.  Jim Walton was born in Newport, Jackson County, Arkansas, was the 3rd child of Walmart co-founder Sam Walton and Helen Walton with siblings Rob Walton , Alice Walton , and John Walton . He received a Bachelor's degree in Business Administration in Marketing from the University of Arkansas in Fayetteville, Arkansas in 1971, where he was president of his junior class & played football at all-state level where he was also a member of the Lambda Chi Alpha fraternity. He took a year long break and decided to explore the world. He travelled & learned to fly plane . Thereafter he returned to Arkansans & joined the family business. After working in th

Alice Louise Walton Life Story

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  Alice Louise Walton Life Story Alice Louise Walton is an American heiress to the fortune of Walmart. In September 2016, she owned over US $11 billion ( ₹ 85,923.75 Crore) in Walmart shares. As of March 2022, Walton has a net worth of $5,660 Crores ( ₹ 4.4 lakh Crore), making her the 20 th -richest person, and the 2 nd   richest woman in the world according to Bloomberg Billionaire Index. Alice Louise Walton is the youngest child and only daughter of Sam Walton founder of Walmart and his wife Helen Walton she was born on 7 th October 1949 in Newport, Arkansas, U.S. and was raised along with her three brothers in Betonville, Arkansas, U.S. Alice attended the Betonville High School in 1966 and later graduated with B.A. in economics and finance from The Trinity University in San Antonio, Texas, U.S. in 1971. Thereafter she walked briefly with Walmart as a buyer of children’s clothes Alice who painted with her mother as a child began at collecting at age of 11 when she purchased a