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E-commerce

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  • 1. Electronic Commerce Presented By.. Rishabh Dev Singh
  • 2. Content… • • • • • • • What is Commerce Introduction E-Commerce The Process of E-Commerce Types of E-Commerce Application of E-Commerce Pros & Cons Impact On Indian Market
  • 3. Commerce… • Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer. • It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities.
  • 4. E-Commerce… • It is commonly know as Electronic Commerce or Electronic Marketing. • It Consist of buying and selling goods and services over an electronic system such as the internet • E-commerce is purchasing, selling & exchanging goods and services over computer network or internet through which transactions or terms of sale are performed electronically.
  • 5. The Process Of E-Commerce...
  • 6. The Process Of E-Commerce... • A consumer uses Web browser to connect to the home page of a merchant's Web site on the Internet. • The consumer browses the catalogue of products featured on the site and selects items to purchase. The selected items are placed in the electronic equivalent of a shopping cart. • When the consumer is ready to complete the purchase of selected items, she provides a bill-to and ship-to address for purchase and delivery
  • 7. Continue.. • When the credit card number is validated and the order is completed at the Commerce Server site, the merchant's site displays a receipt confirming the customer's purchase. • The Commerce Server site then forwards the order to a Processing Network for payment processing and fulfilment.
  • 8. Why Use E-Commerce …….?
  • 9. • • • • LOW ENTRY COST REDUCES TRANSACTION COSTS ACCESS TO THE GLOBAL MARKET SECURE MARKET SHARE
  • 10. Different types of E-Commerce... • • • • 1) Business-to-Business (B2B) 2) Business-to-Consumer (B2C) 3) Consumer-to-Business(C2B) 4) Consumer-to-Consumer (C2C)
  • 11. Business-ToBusiness(B2B)… • It means business to business. It is the types of ecommerce in which buyer and seller , both are businesses. • In this , one business is sells its products or services while other business buys these products or services. • Following are some example of B2B sites: Alibaba.com IndiaMart.com
  • 12. Business-ToConsumer(B2C)… • It means business to consumers. It is the type of ecommerce in which business sells its services or products to consumers , through internet or computer network. • Flipkart.com is the best example for B2C.
  • 13. Consumer-ToBusiness(C2B)… • It means consumer to business. It is a types of ecommerce in which customers sells their products or services to businesses. • Its common example is the advertisement that people put on different sites.
  • 14. Consumer-ToConsumer(C2C)… • It means consumer to consumer. • It is the type of e-commerce in which one consumer sells its products to other consumer, through internet or computer network. • Example: OLX.com
  • 15. Applications of E-Commerce… • • • • Online Shopping Electronic Bill Payment Electronic ticketing Online Banking
  • 16. Online Shopping.. Online shopping is the process consumers go through to purchase products or services over the Internet. Online shopping is a type of electronic commerce used for business-to-business (B2B) and business-toconsumer (B2C) transactions.
  • 17. Electronic Bill Payment…  Electronic bill presentment and payment (EBPP) is a fairly new technique that allows consumers to view and pay bills electronically.  EBPP systems send bills from service providers to individual consumers via the internet.
  • 18. Electronic Ticketing..  An electronic ticket or e-ticket is used to represent the purchase of a seat on a passenger airline, usually through a website or by telephone.  This form of airline ticket has rapidly replaced the old multi-layered paper tickets.
  • 19. Online Banking..  Online banking (or Internet banking) allows customers to conduct financial transactions on a secure website operated by their bank.  The common features provided by online-banking fall broadly into several categories: Transactional Non-transactional
  • 20. Top 10 E-Commerce websites in India…
  • 21. •PROS AND CONS OF E-COMMERCE
  • 22. •PROS
  • 23. • No checkout queues • Reduce prices • You can shop anywhere in the world • Easy access 24 hours a day • Wide selection to cater for all consumers
  • 24. •CONS
  • 25. • Unable to examine products personally • There is the possibility of credit card number theft • Possibility of wrong product being delivered.
  • 26. Future Of E-Commerce In India… • According to business world estimate near about Sixty thousand new jobs will be created for the internet world alone in the next two years • E-Commerce transactions are expected to cross the INR 6500 crore milestone in 2014-15, a jump of around 650 percent from the 2010-11 figure of INR 1000 crore • eBay said that consumers were trading goods worth almost three crore everyday, across the globe.