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E commerce presentation.group 4
 

E commerce presentation.group 4

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    E commerce presentation.group 4 E commerce presentation.group 4 Presentation Transcript

    • Electronic commerce commonly known as e- commerce or e-comm, is the buying and selling of products or services over electronic systems such as the Internet and other computer networks.
    • TWO MAJOR CATEGORIES OF E-COMMERCE Business-to-consumer (B2C) Online transactions are made between businesses and individual consumers. E.g. Amazon.com, eBay.com. Business-to-business (B2B) Businesses make online transactions with other businesses.
    • How do you buy something?
    • Examples ofE-commerce Website
    • ADVANTAGES OF ECOMMERCE Faster buying/selling to find products. Buying/selling 24/7. More reach to customersprocedure, as well as easy , there is no theoretical geographic
    •  Low operational costs and better quality of services. No need of physical company set- ups. Easy to start and manage a business. Customers can easily select products from different providers without moving around physically.
    • DISADVANTAGES OF ECOMMERCE Any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money. There is no guarantee of product quality. Mechanical failures can cause unpredictable effects on the total processes.
    •  As there is minimum chance of direct customer to company interactions, customer loyalty is always on a check. There are many hackers who look for opportunities, and thus an ecommerce site, service, payment gateways, all are always prone to attack.
    • Thank You!Prepared by Group 4Angel Rose MedinaJanine HadeMalou MarmolKristina Elaine Gatmaytan