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What is Electronic Trade

Tools and Techniques for Implementing International E-Trading Tactics for Competitive Advantage
The type of trade action takes place in electronic mediums where people/companies use digital tools for communication and trade.
Published in Chapter:
E-Trading Decision Making: An Integrated Digital Marketing Approach With Theory and Cases
Fatih Pınarbaşı (Istanbul Medipol Universitesi, Turkey) and Habib Mehmet Akpınar (Istanbul Esenyurt University, Turkey)
DOI: 10.4018/978-1-7998-0035-4.ch009
Electronic trade has a key role for today's companies with help of technology affecting marketing environment. The emergence of the Internet has led to huge changes in both the production and strategy channels and the consumer's purchasing process. Previous studies from different contexts examine electronic trade focusing on different aspects on concept. An integrative approach combining theory with cases can help to a better understanding of electronic trade and competitive markets. This study aims to examine electronic trading decision making with digital marketing approach. The study identifies a three-step marketing plan for competitive advantage about electronic trading. First step includes identifying standards, seasonalities, and anomalies related to market. Second step continues with further evaluation of market environment by including sentiment analysis and network analysis cases. Third step goes further with predicting cases by focusing on future. The study also contains solutions and recommendations, future research directions, and conclusion sections.
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