Cross-border E-commerce
Instructor: , ,
This course offers an in-depth exploration of Cross-border E-commerce, providing students with a comprehensive understanding of how businesses operate in the international digital marketplace. It covers a wide range of topics, from the foundational principles of international E-commerce and the technologies that facilitate digital transactions across borders to advanced digital marketing strategies and considerations for global market entry. The course is designed to equip students with the knowledge and skills necessary to navigate the complexities of cross-border online business operations, focusing on both theoretical aspects of international E-commerce and their practical applications. Through lectures, case studies, and hands-on projects, students will learn how to develop, implement, and manage E-commerce solutions that cater to global audiences, gaining insights into strategies that drive successful cross-border online businesses.
Throughout the course, students will explore the unique challenges and opportunities that arise in the cross-border E-commerce landscape, including digital marketing across different cultures, navigating international payment systems, understanding global logistics and supply chain management, and complying with various legal and ethical standards. The curriculum emphasizes the importance of adapting to technological advancements and appreciating the nuances of conducting business in diverse legal and cultural environments. By the end of the course, students will have a robust portfolio of skills, from crafting effective international digital marketing campaigns to analyzing global market trends and developing comprehensive business plans for cross-border E-commerce ventures. This course aims to prepare students for successful careers in international E-commerce, whether they aspire to work for leading global online retailers, manage cross-border E-commerce startups, or drive innovation within the digital marketplace.
Course Code: |
2I24ICBEC |
Status: |
E |
Semester: |
10th |
Teaching load: |
2+2 |
ECTS: |
4 |
Teachers: |
Јово Атељевић,
PhD Full Professor
Љубиша Мићић,
PhD Assistant Professor
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Prerequisites (if any): |
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Learning outcomes: |
After the course, students will be able to:
- Understand the Foundations of Cross-border E-commerce:
Gain a comprehensive understanding of the history, development, and current landscape of international E-commerce, including the technology that powers it and the businesses that thrive within it.
- Analyze the Impact of Digital Technologies on Global Trade:
Explore how digital technologies transform traditional business models, with a focus on the impact of the internet, mobile devices, social media, and cloud computing on cross-border E-commerce.
- Develop Digital Marketing Strategies for International Markets:
Learn to craft effective digital marketing strategies using tools and platforms relevant to international E-commerce, including search engine optimization (SEO), pay-per-click (PPC) advertising, email marketing, and social media marketing tailored for diverse cultures.
- Navigate the Complexities of the Global E-commerce Marketplace:
Equip with the knowledge to tackle cross-border trade challenges, including international regulations, cultural considerations, and logistical complexities.
- Foster Entrepreneurial Skills in an International Context:
Encourage the development of entrepreneurial skills by understanding cross-border E-commerce business models, digital innovation, and the process of starting and scaling an international E-commerce business.
Students will also be able to:
- Identify and Analyze Cross-border E-commerce Opportunities:
Assess market opportunities and challenges in the international E-commerce space, leveraging analytical tools and frameworks.
- Understand E-commerce Technologies for Global Trade:
Demonstrate an understanding of the technologies underpinning E-commerce platforms, including web development, international payment systems, security, and emerging technologies like AI and blockchain, tailored for cross-border transactions.
- Navigate Legal and Ethical Issues in International E-commerce:
Identify and navigate the complex legal, ethical, and regulatory issues affecting cross-border E-commerce businesses, including data protection, privacy, consumer rights, and compliance with international trade laws.
- Develop a Business Plan for Cross-border E-commerce Ventures:
Create a comprehensive business plan for a cross-border E-commerce venture, including market analysis, business model, operations plan, marketing strategy, and financial projections tailored to international markets.
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Teaching content or topics: |
The structure is intended to provide a comprehensive overview of Cross-border E-commerce, from foundational concepts to advanced strategies and applications.
- Introduction to Cross-border E-commerce
Overview of cross-border E-commerce: history, importance, and current global trends.
Differences between domestic and international E-commerce models (B2B, B2C, C2C, C2B).
Understanding the digital transformation of commerce on a global scale.
- Technology Infrastructure for Global E-commerce
Internet and Web technologies crucial for cross-border transactions.
Review of E-commerce software platforms with international capabilities.
The impact of mobile commerce and apps on global E-commerce strategies.
- Building an International E-commerce Website
Designing websites for a global audience: multilingual content, cultural nuances, and user interface considerations.
Ensuring international user experience (UX) best practices.
Global E-commerce security: data protection laws, GDPR compliance, and secure international payment processing.
- Online Payment Systems and Security for International Transactions
Overview of international payment gateways and currency conversion challenges.
Implementing fraud prevention and cybersecurity measures in a global context.
Navigating international legal and ethical issues in E-commerce, including consumer protection laws and international trade agreements.
- Digital Marketing Strategies for International Markets
Crafting digital marketing campaigns that resonate across different cultures.
Using global SEO and localized content strategies to attract international customers.
Leveraging social media for cross-border brand building and customer engagement.
- E-commerce Analytics and Customer Insights Across Borders
Tools and techniques for gathering and analyzing international consumer data.
Developing customer relationship management (CRM) strategies for diverse markets.
Personalization and segmentation techniques for international audiences.
- Global Supply Chain Management and Logistics
Fundamentals of supply chain management for international E-commerce.
Challenges and solutions for cross-border shipping and fulfillment.
Customs, duties, and regulations impacting international E-commerce logistics.
- Strategies for Entering New International Markets
Market research and entry strategies for expanding E-commerce globally.
The role of cultural understanding and localization in global E-commerce success.
Legal frameworks and tax considerations for E-commerce in different countries.
- Mobile Commerce and Emerging Technologies in Global E-commerce
The growing importance of mobile commerce in reaching international customers.
Innovations like AI, VR, and blockchain technology in enhancing cross-border E-commerce experiences.
Case studies on how emerging technologies are being utilized in international E-commerce.
- Developing and Managing Cross-border E-commerce Business Models
Analysis of successful international E-commerce business models.
Strategies for customer acquisition, retention, and growth in foreign markets.
Overcoming operational challenges and scaling an international E-commerce business.
- Future Trends and Innovations in Cross-border E-commerce
Anticipating future developments in the global E-commerce landscape.
Sustainability and ethical considerations in international E-commerce.
Preparing for disruptive innovations and adapting to market changes.
Capstone Project: International E-commerce Venture Planning
Students will undertake a comprehensive project to create a business plan for a cross-border E-commerce startup. This project will encompass market research in a target country or region, development of a localized digital marketing strategy, logistics and fulfillment planning, and financial projections. The goal is to apply the theoretical knowledge and practical skills gained throughout the course to a real-world scenario, demonstrating an understanding of the complexities involved in launching and managing a cross-border E-commerce business.
This teaching content structure is designed to be adaptive and can be modified based on the specific focus of the course, the background of the students, and emerging trends in the E-commerce field.
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Teaching methods: |
- Hands-on Projects and International Market Simulations
Practical projects that involve setting up cross-border online stores, implementing international SEO strategies, or creating digital marketing campaigns targeting specific countries. These projects allow students to apply theoretical knowledge in a global E-commerce context.
Simulations of cross-border E-commerce operations, focusing on navigating international payment systems, handling cross-border logistics and customs, and managing multilingual customer service.
- Interactive Workshops and Labs with a Global Focus
Workshops on using international E-commerce platforms and tools, such as global marketplace integrators, cross-border payment solutions, and international shipping and fulfillment services.
Labs for hands-on practice in localizing websites, implementing global cybersecurity measures, and setting up international payment gateways.
- Lectures and Guest Speakers from the International E-commerce Sphere
Lectures that incorporate case studies of global E-commerce success stories and failures, exploring key lessons and strategies.
Guest speakers from international E-commerce companies, providing insights into the challenges of expanding businesses across borders, cultural nuances in digital marketing, and compliance with international E-commerce regulations.
- Case Studies and Group Discussions on Global E-commerce Challenges
Case studies focusing on the intricacies of entering specific international markets, addressing legal, logistical, and cultural challenges.
- Group discussions that foster debate and problem-solving on topics like international E-commerce ethics, cross-cultural consumer behavior, and strategies for overcoming barriers to entry in foreign markets.
- Online Learning Modules and Flipped Classroom for Global E-commerce Education
Online modules tailored to cross-border E-commerce topics, allowing students to explore international market analysis, global E-commerce trends, and cultural sensitivity in business practices at their own pace.
The flipped classroom approach encourages pre-class preparation through online resources, making in-class time more effective for interactive discussions, project work, and addressing complex international challenges.
- Peer Teaching and Collaborative Projects on International Ventures
Peer teaching segments where students share research on E-commerce practices in different countries, fostering a deeper understanding of global markets.
- Collaborative projects that involve creating comprehensive business plans for cross-border E-commerce startups, encouraging teamwork and providing a holistic view of international business operations.
- Field Trips and Industry Engagement with a Cross-border Perspective
Field trips to companies that excel in cross-border E-commerce, offering a firsthand look at how international online businesses operate.
Industry engagement opportunities, such as internships with international E-commerce companies, participation in global E-commerce conferences, or collaboration on live projects, facilitating practical exposure and professional networking.
- Feedback and Reflective Learning on International E-commerce Practices
Regular feedback on assignments with a focus on improving strategies for international markets.
Encouraging reflective learning through journals or discussions on lessons learned from cross-border projects and how these can be applied to real-world international E-commerce ventures.
Employing a mix of these teaching methods can cater to diverse learning preferences, ensuring that students not only gain a deep theoretical understanding of cross-border E-commerce but also develop the practical skills and insights needed to succeed in the industry.
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Reading list: |
- Brynjolfsson, E., & McAfee, A. (2014). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. W. W. Norton & Company.
- Chaffey, D., & Ellis-Chadwick, F. (2019). Digital marketing: Strategy, implementation, and practice (7th ed.). Pearson.
- Friel, D., & Fischer, M. (2020). The digital transformation playbook: Rethink your business for the digital age. Columbia University Press.
- Goldstein, D. G., & McAfee, R. P. (2020). The economic analysis of the digital economy. University of Chicago Press.
- Hoque, M. R., & Bashaw, R. E. (Eds.). (2021). Cross-border e-commerce marketing and management. IGI Global.
- Kraemer, Kenneth & Dedrick, Jason & Melville, Nigel & Zhu, K.. (2006). Global e-commerce: Impacts of National Environment and Policy. 10.1017/CBO9780511488603.
- Kotler, P., Kartajaya, H., & Setiawan, I. (2017). Marketing 4.0: Moving from traditional to digital. Wiley.
- Laudon, K. C., & Traver, C. G. (2021). E-commerce 2021: Business, technology, and society (16th ed.). Pearson.
- Mullaney, T. (2018). The four: The hidden DNA of Amazon, Apple, Facebook, and Google. Random House.
- Stone, B. (2013). The everything store: Jeff Bezos and the age of Amazon. Little, Brown and Company.
- Turban, E., Outland, J., King, D., Lee, J. K., Liang, T.-P., & Turban, D. C. (2017). Electronic commerce 2018: A managerial and social networks perspective (9th ed.). Springer.
- Weill, P., & Woerner, S. L. (2018). What's your digital business model? Six questions to help you build the next-generation enterprise. Harvard Business Review Press.
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Assessment: |
Class participation (0-10 points); Essay or test (0-30 points); Final exam (0-50 points); Discussion contribution in class (0-10 points) |
Additional comments: |
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