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Presented by : Aamir Mirza
What is E-commerce?
E-Commerce is also known as internet commerce, It is a
system for buying and selling of goods and services using
the internet as the main means of exchange.
History of E-Commerce
The history of E-commerce begins with the first ever online
sale: On the August 11, 1994 a man sold a CD by the band
sting to his friend through his website NetMarket, an
American retail platform. This is the first example of a
consumer purchasing a product from a business through
the World Wide Wed-Or “E-Commerce” as we commonly
know it today.
Global retail E-Commerce sales are projected to reach
$27 trillion by 2020.
Traditional Commerce E-Commerce
 It is completely offline and
through in person or face
to face.
 It is limited to a particular
geographical area
especially smaller.
 It does not provide any
such customer support.
 It does not provide such
return policy until there is
damage in the product.
 It is completely an in digital
and online mode where the
communication is through
electronic form completely.
 It is reachable worldwide
and has more connectivity.
 It provides good customer
services in different forms
such as chat option or direct
call with customer care
executive.
 It accepts the return of the
products if not interested or
not liked by the customer
within 7 – 15 days
depending on the seller.
Benefits of E-Commerce
 Benefits to Businesses.
 Benefits to Customers.
 Benefits to Society.
Benefits to Businesses
 It helps to reach Global
 Cost effective
 New Customers With Search Engine Visibility
 It Reduces the Paper Costs
 Reduction in Inventories
 Mass Customization and Competitive advantage
 Information sharing
Benefits to Customers
 Gives freedom to make choices
 It gives more choice and alternatives
 Convenience of Shopping at Home
 Ensure Secrecy
 Time compression
 Provide Comparison Shopping
 E-payment system
Benefits to Society
 Enables More Flexible Working Practices
 Connects People
 Facilitates Delivery of Public Services
Disadvantages of E-commerce
 E-commerce Lacks That Personal Touch
 System and data integrity
 E-Commerce Delays Goods
 Dependent on internet
 Many Goods Cannot Be Purchased Online
 E-commerce Does Not Allow Experiencing the
Product before Purchase
 Loyal customers
 Anyone one Can Set Up an Ecommerce Website
 Too Many Competitors
What is E-commerce? History, Benefits & Disadvantages
What is E-commerce? History, Benefits & Disadvantages

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What is E-commerce? History, Benefits & Disadvantages

  • 1. Presented by : Aamir Mirza
  • 2. What is E-commerce? E-Commerce is also known as internet commerce, It is a system for buying and selling of goods and services using the internet as the main means of exchange.
  • 3.
  • 4. History of E-Commerce The history of E-commerce begins with the first ever online sale: On the August 11, 1994 a man sold a CD by the band sting to his friend through his website NetMarket, an American retail platform. This is the first example of a consumer purchasing a product from a business through the World Wide Wed-Or “E-Commerce” as we commonly know it today.
  • 5.
  • 6. Global retail E-Commerce sales are projected to reach $27 trillion by 2020.
  • 7. Traditional Commerce E-Commerce  It is completely offline and through in person or face to face.  It is limited to a particular geographical area especially smaller.  It does not provide any such customer support.  It does not provide such return policy until there is damage in the product.  It is completely an in digital and online mode where the communication is through electronic form completely.  It is reachable worldwide and has more connectivity.  It provides good customer services in different forms such as chat option or direct call with customer care executive.  It accepts the return of the products if not interested or not liked by the customer within 7 – 15 days depending on the seller.
  • 8. Benefits of E-Commerce  Benefits to Businesses.  Benefits to Customers.  Benefits to Society.
  • 9. Benefits to Businesses  It helps to reach Global  Cost effective  New Customers With Search Engine Visibility  It Reduces the Paper Costs  Reduction in Inventories  Mass Customization and Competitive advantage  Information sharing
  • 10. Benefits to Customers  Gives freedom to make choices  It gives more choice and alternatives  Convenience of Shopping at Home  Ensure Secrecy  Time compression  Provide Comparison Shopping  E-payment system
  • 11. Benefits to Society  Enables More Flexible Working Practices  Connects People  Facilitates Delivery of Public Services
  • 12. Disadvantages of E-commerce  E-commerce Lacks That Personal Touch  System and data integrity  E-Commerce Delays Goods  Dependent on internet  Many Goods Cannot Be Purchased Online  E-commerce Does Not Allow Experiencing the Product before Purchase  Loyal customers  Anyone one Can Set Up an Ecommerce Website  Too Many Competitors