Assignment Task: Using the article Instagram Shopping - A New Dawn For Social Commerce and information found in chapter 11 of the book as your foundation, make a journal reflection paper. Include answers to the following questions as part of your reflection.
Q1. Describe the different types of social networks and online communities. Be sure to include the various business models they use.
Q2. Why are mobile social networks growing so fast?
Q3. Discuss social commerce and why Instagram/Facebook is the dominant company in this marketplace.
Q4. Which companies could lose market share in the social commerce space and why?
Q5. How does social commerce differ from traditional e-commerce?
Reference:
Landon, K., & Traver, C. (2021). E-Commerce 2021: Business, technology, and society (16th ed.). Pearson.