CHPT 1 - Introduction To Social Commerce
CHPT 1 - Introduction To Social Commerce
CHPT 1 - Introduction To Social Commerce
COMMERCE
Marketing, Technology and
Management
1st Semester, Year 2022/23
Lecturer: Ms Lim Wai Wai
Email: limww@tarc.edu.my
Consultation hours: tba
019 8
0 0 49
66
HOW TO STUDY FOR THIS COURSE?
Tutorial
Questions Read
Extra
Notes
2
OVERVIEW OF THIS COURSE
6. Social Shopping
7. Social CRM
Social Commerce
3
CHAPTER 1
4
LEARNING OBJECTIVES
5
Opening Case: Starbucks Goes Social
Retailers
Retailers
Reference: www.starbucks.com.my 6
The Problem
Operating income
economic
2007 1 b slowdown
People spend less
2008 504 m
2009 560 m competition
Competitors increase
7
The Solution: i) Going Social
https://ideas.starbucks.com/
Source the new ideas from the crowd (customers/ public)
8
The Solution: ii) Going Digital
Online Order Launch delivery/
pick up service
iPhone Android
$www.starbucks.com
$ 11
Social Computing and the Social Web
12
Social Computing and the Social Web
Social Web Revolution F-Commerce
real-time enhance
updates
Web 2.0 creativity
E.g. starbucks use crowd
dynamic sourcing
collaboration
webpages
community- Zoom meeting to
collaborate with friends
Create community/ group for discussion 15
for a topic e.g. budget trip grp based input when doing assignment
Web 1.0 vs Web 2.0
Old generation
Pull
What is Social Media ?
abcd
Social media refers
to the (text+
images+ audio +
video ) created by us
using the platforms
E-Commerce
- buying, selling, transferring or
exchanging products, services and/or
information via computer networks
(Internet & Intranets)
18
Social Commerce: Evolution
Social
Commerce
Support
Theories
21
Fig 1.3 The Major Dimensions of Social Commerce
22
Figure 1.4 The Foundation of Enterprise 2.0
23
The Benefits of Social Commerce
Customers
Enterprises
-less cost to get ideas
(by using
crowdsourcing)
-good relationship
with their employees
-Convenient to & customers
share information
-easy to get
recommendation
PAGE 35
(read reviews/
rating )
-suite our lifestyle
-multiple choice Merchant
of products -get feedback frm
Retailers
customers (for
improvement)
-free (word-of-mouth)
advertisement 24
The Limitations of Social Commerce
CHAPTER 11 will go further
Poor
Doubts about organisational
ROI/value technology
adoption
25
Fig 1.5 The Process of Conducting Social
Commerce
26