3. COMMERCE
• According to Dictionary.com
• Commerce is a division of trade or production
which deals with the exchange of goods and
services from producer to final consumer
4. E-COMMERCE
• Commonly known as Electronic Marketing
• E-commerce is the purchasing, selling and
exchanging goods and services over computer
networks (internet) through which transaction
or terms of sale are performed Electronically.
6. TYPES OF E-COMMERCE
• Business-to-business (B2B)
• Consumer (B2C)
• Consumer-to-consumer (C2C)
• Mobile commerce (m-commerce)
7. B2B
• B2B e-commerce is simply defined as ecommerce
between companies. About 80% of e-commerce is of
this type.
• Examples:
– Intel selling microprocessor to Dell
– Heinz selling ketchup to Mc Donalds
12. E-commerce in India
• India has an internet user base of about 250.2
million as of June 2014.
• cash on delivery is a preferred payment
method. It is also the major drawback in
India's e-commerce.
• India's e-commerce market was worth about
$3.8 billion in 2009, it went up to $12.6 billion
in 2013.
13. Security in E-commerce
• Major security measures are following:
• Encryption - It is a very effective and practical
way to safeguard the data being transmitted
over the network.
• Secure Hypertext Transfer Protocol (SHTTP)-
SHTTP extends the HTTP internet
protocol with public key encryption,
authentication and digital signature over the
internet. It provides security through multiple
encryption.
14. Advantages of e-commerce
• 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
15. Disadvantages of E-commerce
• Unable to examine products personally
• Not everyone is connected to the Internet
• There is the possibility of credit card number
theft
• On average only 1/9th of stock is available on the
net