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E Commerce

This document defines electronic commerce (e-commerce) and discusses its key elements. E-commerce involves the buying and selling of goods and services over electronic systems like the Internet. The major types of e-commerce are business-to-consumer, business-to-business, consumer-to-consumer, and mobile commerce. E-commerce provides advantages like increased profits, sales, and opportunities for both businesses and consumers. However, it also presents disadvantages such as security issues, lack of trust, and limited product information.

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0% found this document useful (0 votes)
214 views24 pages

E Commerce

This document defines electronic commerce (e-commerce) and discusses its key elements. E-commerce involves the buying and selling of goods and services over electronic systems like the Internet. The major types of e-commerce are business-to-consumer, business-to-business, consumer-to-consumer, and mobile commerce. E-commerce provides advantages like increased profits, sales, and opportunities for both businesses and consumers. However, it also presents disadvantages such as security issues, lack of trust, and limited product information.

Uploaded by

Jinal Sheth
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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BY, BLACKLISTED SLAYERS

BLACKLISTED SLAYERS
NIGEL FERNANDES MANASHVI GOSALIA ANKIT KATHERIA NIEL MEHTA NISHIT MEHTA YASH MUNGI KAMYA SINGH BHAVIK PARMAR

CONTENT
What is commerce What is e-commerce Types/elements of e-commerce Scope of e-commerce. Business application. Advantages of e-commerce. Disadvantages of e-commerce. Trade cycle in e-commerce. Major players in the industry.

WHAT IS COMMERCE ?
Commerce is a division of trade or production which deals with the exchange of goods and services from producer to the final consumer It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities. Commerce functions as the central mechanism which drives capitalism and certain other economic systems. Commerce involves trade and aids to trade which help in the exchange of goods and services.

E-COMMERCE
Electronic commerce, commonly known as ecommerce or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. All commercial transaction on the internet are included in e-commerce. The scope of e-commerce is much wider because commercial transactions are extended to global market.

ELEMENTS/TYPES OF E-COMMERCE
B2C

MCOMMERCE

B2B

TYPES

G2B

C2C

BUSINESS TO CONSUMER (B2C)

As the name suggests, it is the model involving businesses and consumers. This is the most common e-commerce segment. In this model, online businesses sell to individual consumers. The basic concept behind this type is that the online retailers and marketers can sell their products to the online consumer by using crystal clear data which is made available via various online marketing tools. E.g. An online pharmacy giving free medical consultation and selling medicines to patients is following B2C model.

BUSINESS TO BUNSINESS(B2B)
It is the largest form of e-commerce involving business of trillions of dollars. In this form, the buyers and sellers are both business entities and do not involve an individual consumer. It is like the manufacturer supplying goods to the retailer or wholesaler. E.g. Dell sells computers and other related accessories online but it is does not manufacture all those products. So, in order to sell those products, it first purchases them from different businesses i.e. the manufacturers of those products.

CONSUMER TO CONSUMER (C2C)


It facilitates the online transaction of goods or services between two people. Though there is no visible intermediary involved but the parties cannot carry out the transactions without the platform which is provided by the online market maker such as eBay.

M-COMMERCE

It refers to the use of mobile devices for conducting the transactions. The mobile device holders can contact each other and can conduct the business. Even the web design and development companies optimize the websites to be viewed correctly on mobile devices. There are other types of e-commerce business models too like Business to Employee (B2E), Government to Business (G2B) and Government to Citizen (G2C) but in essence they are similar to the above mentioned types. The best example is of UID project. Moreover, it is not necessary that these

SCOPE OF E-COMMERCE

1. 2. 3.

All commercial transactions on the internet are included in E-commerce . The scope of E-commerce is much wider because commercial transactions are extended to global markets . There are three main areas of E-commerce : ELECTRONIC MARKETS ELECTRONIC DATA INTERCHANGE INTERNET COMMERCE

1. ELECTRONIC MARKETS
An electronic market is the use of information and communication technology to present variety of offerings available in the market segment. Electronic market is the virtual representation of

physical market. Electronic market is a perfect market where there are world wide buyers and sellers, and have detailed information about the market e.g. airline booking system. E-Marketing refers to trading on the internet.

2. ELECTRONIC DATA INTERCHANGE (EDI)


EDI provides a standard system for coding trade transaction that can be communicated directly from one computer system to another. EDI does not require printed order and invoices. EDI does not create any new process ,but it expands the existing business processes. E.g. supermarket chains use EDI for transactions with their suppliers . EDI used in organizations where a large no. of regular transactions occur regularly. EDI is the electronic exchange of routine business transactions such as purchase orders, invoices, inquires, planning, pricing and financial reporting among the different departments such as production, purchase, sale,

3. INTERNET COMMERCE
The

internet is a network of networks. It allows millions of computers to be linked together to form a global network. This type of E-commerce is possible by the commercial use of the internet. It is used to process online orders to make online payments to provide after sales service e.g. online banking, shiping etc.

VARIOUS BUSINESS APPLICATIONS


INSTANT MESSAGING

ONLINE BANKING
BUSINESS APPLICATIONS

NEWSGROUP S

TELECONFER ENCING

ONLINE SHOPPING

ADVANTAGES OF E-COMMERCE
TO THE CUSTOMERS
It helps in increasing profit. Increases sales and decreases cost. World-wide, 24-Hours-a-Day Trading. Products available at bargaining prices. Increases sales opportunities for sellers and purchasing opportunities for buyers. Makes products and services available in remote areas. Home deliveries.

DISADVANTAGES OF E-COMMERCE

TO THE CONSUMERS
Security Trust Time for delivery of physical products Perishable goods Limited and selected information Returning goods Personal service

TRADE CYCLE
PHRASES OF TRADE CYCLE

Search Order Payment Deliver After Sales

Pre-Sale

Execution / Settlement

After Sales

MODES OF PAYMENT

CREDIT CARD DEBIT CARD

E-CASH
OFFLINE PAYMENT

LIST OF COMPANIES USING ECOMMERCE


Amazon E-bay Naaptol Makemytrip Bookmyshow

salesforce

Indiainfoline

Naukri.com

Amway.com

Matrimonial

Indiatimessho Paypal ping.com

Rechargeitno TCS,Infosys w.com (IT services)

Imagebaazar.co m

BIBLIOGRAPHY
Google.com 12 thText book E-Commerce. education Amazon.com Naaptol.com Ebay.com

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