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E commerce
 

E commerce

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    E commerce E commerce Presentation Transcript

    • e-commerce
    • What is meant?
      Electronic commerce
      Buying and selling of goods and services on the Internet, especially the World Wide Web
      Different from e-business for it solely focuses on buying and selling
      Considered as the sale aspect of e-business
      From 1999-2008 sales in e-commerce constitutes 4% of the world total sales
    • Better to be Online!
      Easy search and retrieval of desired object
      Ease in comparison between object and shops
      Less tiring
      Transcends time
      Enables the business activity to enter the global market
      Cuts down cost
    • Better to be Offline!
      Privacy issue and disclosure of information
      Perishable goods, NO ENTRY
      False information
      Delivery time can be an agony.
      Spam messages
    • Division of E-commerce
      E-tailing
      Also called as electronic retail or e-retail
      Retailers use Web to sell products and services
      This division directly refers to the one we see, the 24 hour virtual mall.
      Amazon.com, Compudata.com, Social Networks
    • Division of E-commerce
      Market research
      Ability of companies to gather data from their prospects through registration form, questionnaires or order forms
      But this is a privacy issue, whether if it is really for market study
    • Division of E-commerce
      Electronic Data Interchange (EDI)
      Exchange of business data using an understood data format.
      Involves data exchange from parties that do know each other
      EDI is expected to be replaced by one or more standard XML formats such as ebXML
    • Division of E-commerce
      Email, fax and internet telephony
      Used as a media to reached prospects and established customers.
      Internet telephony and fax is usually done in business to business transaction
      Companies and their email of newsletters to subscribers
      Opt-in-email allows user to voluntarily receive mail updates
    • Division of E-commerce
      Business-to-Business Buying and Selling
      Companies were able to reach the right people in the other company for more information
    • Resources
      http://searchcio.techtarget.com/definition/e-commerce
      http://searchcio.techtarget.com/definition/e-business
      http://en.wikipedia.org/wiki/Electronic_commerce
      http://www.buzzle.com/articles/advantages-and-disadvantages-of-electronic-commerce-e-commerce.html
      http://store.steampowered.com/
      http://multiply.com
      Shelly, Gary B. … [ et. al.]. Discovering Computers 2008: Complete. Boston, MA: Thomson Course
      Technology, 2008.
    • Division of E-commerce
      The Security of Business Transactions
      This includes:
      1. authenticating business transactors
      2. controlling access to resources such as Web pages for registered or selected users
      3. encrypting communications
      Secure Sockets Layer (SSL) is one of the most widely used security technology.
    • Types of Electronic Commerce
      B2B (Business to Business)
      Open to all interested parties such as commodity exchange
      Pre-qualified participants
      Negotiated contracts as to how much will be bought
      B2C (Business to Consumer)
      With intermediary
      Without intermediary, termed as online shopping (via Multiply)
      First come, first serve basis
    • Online banking and Online Trading
      Online banking allows users to pay bills and view their bank accounts and statements from their computers
      Online trading allows users to invest without using broker, often with a lower transaction fee
    • I am a Billionaire, how can I Spend my Money Online
      Music, videos, news, sporting events and games.
    • I am a Billionaire, how can I Spend my Money Online
      Airline, hotel, and car reservations
    • I am a Billionaire, how can I Spend my Money Online
      Buy stuffs such as clothes, accessories, gadgets etc.
    • I am a Billionaire, how can I Spend my Money Online
      Health and Medicine