Sunday, September 18, 2016

So What is Streaming?, What's E-commerce?

Streaming Media
Streaming media are audio and video that is continuously fed to your browser instead of having to wait for the file to download to your computer. Streaming media is what allows you to listen to Pandora, watch Netflix and play online games like World of War Craft. To stream movies or music you need a web browser (of course) and a “plug-in” or player. Adobe, Flash, Quicktime, Windows Media Player are some of the more popular “plug-in” players. Probably the biggest advantage of streaming media is choice. With Netflix, you have literally tens of thousands of choices for television and movies to choose from. While Cable providers are now offering “on-demand,” you still have to sit through commercials as you watch your favorite shows. As internet connections become faster and faster, the days of paying $100 a month to watch television shows where you spend half the time watching commercials will soon become a thing of the past, like renting videos from Blockbuster.[1]

E-commerce and M-commerce
E-commerce or electric commerce is the act of conducting business online. So when you buy a flowers from 1-800Flowers.com you are conducting e-commerce. According to one statistic, there was over $800 billion dollars in e-commerce conducted in the United States alone.[1] There are several types of e-commerce; company to client, which is what I describe earlier. You, the consumer purchase something from a company. Business to Business, where businesses buy and sell from one another. Consumer to consumer where sales are conducted between individuals. For example, if you have ever sold anything on ebay or Craig’s List, you have participated in consumer to consumer e-commerce.[2]  So what is “M-commerce.” M-commerce is the same thing as e-commerce except you use your mobile phone purchase or sell goods and services. The advantage of using a mobile phone is that you are not limited to specific location. For example if you’re driving home and realize that you forgot to buy your friend a birthday gift, you can now use your phone to go online, select a gift, purchase it and have it shipped out the same day (depending on the website). Or the other example are the recent commercials for Chase Bank, where the person uses their smart phone to deposit a check. As the internet connections for cell phones becomes more reliable, M-commerce will become the more preferred way people conduct e-commerce, especially as the workforce becomes more mobile.[3]

Conclusion
There are have been whole books written on the internet and what it has to offer.  The point of this blog was to give people who have not ventured online a basic understanding what the internet has to offer. I hope I have provided some insight and at least a basic understanding of the terms commonly used to describe the online world. There is little to fear, and lots to gain. Welcome to the 21st century.


[1] http://www.statista.com/statistics/239372/us-b2c-e-commerce-volume-since-2006/
[2] Evans, A. Martin, K., & Poatsy, M.A. (2015). Technology in Action. “conducting business over the internet: E-commerce,” Upper Saddle River, NJ: Pearson Prentice Hall. Pg 86-87
[3] http://searchmobilecomputing.techtarget.com/definition/m-commerce





[1] H. (2015). Can Cable Compete With Streaming TV in 2016? Retrieved September 17, 2016, from http//www.cnbc.com/2015/12/30/can-cable-compete-with-streaming-tv-in-2016-html

No comments:

Post a Comment