Your SlideShare is downloading. ×
0
7 features of e commerce
7 features of e commerce
7 features of e commerce
7 features of e commerce
7 features of e commerce
7 features of e commerce
7 features of e commerce
7 features of e commerce
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

7 features of e commerce

40,631

Published on

1 Comment
4 Likes
Statistics
Notes
  • In terms of technological dimensions and business significance, you have nicely explained the 7 features of eCommerce. If someone want to ahead, then there are many other features - like cross selling, dynamic pagination, breadcrumbs, image optimization etc. There features are helpful in improving the user experience as well as creating a better for search engine ranking. I have also created a board on Pinterest to showcase all the necessary feature with their real screenshots.
    http://www.pinterest.com/ydeveloper/e-commerce-features/
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total Views
40,631
On Slideshare
0
From Embeds
0
Number of Embeds
8
Actions
Shares
0
Downloads
1,323
Comments
1
Likes
4
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Features of E-Commerce Er.Sartaj Singh Bajwa
  • 2. Ubiquity ( available just about everywhere at all time) Er.Sartaj Singh Bajwa Technology Dimension Business Significance Internet Technology is available everywhere, at work, at home, and elsewhere via mobile device, anytime <ul><li>Marketplace is created or extended beyond traditional boundaries and removed from a geographic location. </li></ul><ul><li>Shopping can take place anywhere. </li></ul><ul><li>Reduced shopping costs. </li></ul><ul><li>Customer convenience enhanced </li></ul>
  • 3. Global Reach ( total number of users or customers an e-commerce business can have ) Er.Sartaj Singh Bajwa Technology Dimension Business Significance Technology reaches beyond national boundaries <ul><li>Commerce is enabled across cultural and national boundaries seamlessly and without modification. </li></ul><ul><li>Marketplace includes potentially billions of consumers and millions of businesses world wide </li></ul>
  • 4. Universal Standards (standards that are shared by all nations around the world ) Er.Sartaj Singh Bajwa Technology Dimension Business Significance There is one set of technology standard, namely Internet Standards <ul><li>Lower market entry costs, </li></ul><ul><li>Reduce product search cost and by creating a single , one world market place, where price discovery becomes simpler, faster and more accurate </li></ul><ul><li>Easily find all the suppliers, prices, and delivery terms of a specific product anywhere in the world </li></ul>
  • 5. Richness ( the complexity and content of a message ) Er.Sartaj Singh Bajwa Technology Dimension Business Significance Video, Audio and Text Messages are possible <ul><li>E-Commerce technologies have changed the traditional tradeoff between Richness and the Reach. </li></ul><ul><li>The Internet and web can deliver to an audience of millions rich marketing messages in a way not possible with traditional technologies like radio, TV and magazines. </li></ul>
  • 6. Interactivity (two way communication ) Er.Sartaj Singh Bajwa Technology Dimension Business Significance The technology that allows two way communication between merchant and consumer <ul><li>Consumers are engaged in a dialogue that dynamically adjusts the experience to the individual, and make the consumer a co- participant in the process of delivering goods to the market.(which is not possible in other mediums like TV , radio) </li></ul><ul><li>Similar to face-to-face experience but on a massive global scale </li></ul>
  • 7. Information Density (total amount & quality of information available to all market participants) Er.Sartaj Singh Bajwa Technology Dimension Business Significance The technology reduces information cost and raises quality <ul><li>Information processing, storage and communication costs drop dramatically while accuracy and timeliness improve greatly. </li></ul><ul><li>Information becomes plentiful, cheap and accurate </li></ul><ul><li>Eg price discrimination in which a merchant can sell the same good to different targeted market with a different price </li></ul>
  • 8. Personalization (targeting of marketing message to a specific individual by adjusting the message to a person`s name , interest & past purchases ) Er.Sartaj Singh Bajwa Technology Dimension Business Significance Technology allows personalized messages to be delivered to individuals as well as groups <ul><li>Personalization of marketing messages and customization of products and services are based on individual characteristics </li></ul>

×