IntroductIon to E-commErcE Lecture #3 Mrs.Vasanthi Muniasamy M.Sc., M.Phil Department Of Information Systems King Khalid University
Introduction to Commerce and E – Commerce Components of E - Commerce E-Business & E-Commerce Process Diagram of E - Commerce Types of E - Commerce
The exchange of commodities, buying andselling, of products and services requiringtransportation, from location to location isknown as commerce.
E-commerce provides the capability of buyingand selling products and information on theinternet and other online services.
Components of E- Commerce Online Shopping - the scope ofinformation and activities that provides thecustomer with the information they need toconduct business with you and make aninformed buying decision.
Online Purchasing - the technology infrastructure for the exchange of data and the purchase of a product over the Internet.
E-Business is a Super-set of E-Commerce. E-business includes E-commerce but also covers internal processes such as Production Inventory management Product development Risk management Finance Human resources.
The term e-commerce was originally conceived to describe the process of conducting business transactions electronically using technology from the Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT).
B2B ( Business to Business E-commerce) B2C ( Business to Consumer E-commerce) C2B ( Consumer to Business E-commerce) C2C ( Consumer to Consumer E- commerce) M-Commerce (Mobile E-commerce)
Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. For Example: Logistic companies
In B2C seller is a business organization buyer is consumer. In this case costumer directly interacts with company, i.e. books and cd’s buy online and internet used as a medium for transaction. Newspapers reading and weather forecasting Examples are ebay.com, and amazon.com.
A consumer posts his project with a set budget online and within hours companies review the consumers requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project.
In this type both seller and buyers are consumers. There are many sites offering free classifieds, auctions and forums where individuals can buy and sell. PayPal where people can send and receive money online with ease. Olx.com auction service is a great example of where person- to-person transactions take place everyday.
Mobile commerce is the buying and selling of goods and services through wireless technology – i.e., cellular telephones and Personal Digital Assistants (PDAs).