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E-Commerce and Traditional Commerce
PRESENTED BY: SANA BALOCH
What is ecommerce?
 E-Commerce (Electronic commerce) is the buying and
selling of goods and services or the transmitting ...
The consumer browses
the catalog of products
featured on the site and
selects items to purchase.
The selected items are
pl...
History of Ecommerce
 1970
E-Commerce meant the facilitation of commercial
transactions electronically, using technology ...
In 1980,s
 Growth and acceptance of credit cards
 ATM
 Telephone banking
 Airline reservation system
 In 1990s,
 Int...
In 2000s,
 Many European and American business companies
offered their services through the world wide web
What is traditional commerce
 Traditional commerce refers to practice of selling
products and services within a single in...
Benefits to organizations
 Global reach
 Cost reduction
 Supply chain improvement
 customization
Benefits to consumers
 More product and services
 Cheaper products and services
 Instant delivery
 Information availab...
Difference Between E-commerce and
Traditional Commerce
Traditional Commerce
 Direct interaction
Traditional commerce is o...
Traditional Commerce
 Credit card fraud
The remote nature of Ecommerce
makes much more difficult to
detect fraud, which m...
Traditional Commerce
 Research& development high
cost
 Internet connection is not
required
 Marketing high cost outlets...
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E-COMMERECE V/S TRADITIONAL COMMERCE

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DIFFERENCE BETWEEN E-COMMERCE AND TRADITIONAL COMMERECE

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E-COMMERECE V/S TRADITIONAL COMMERCE

  1. 1. E-Commerce and Traditional Commerce PRESENTED BY: SANA BALOCH
  2. 2. What is ecommerce?  E-Commerce (Electronic commerce) is the buying and selling of goods and services or the transmitting of funds or data, over an electronic network, primarily internet These business tractions occur either  B2B  B2C  C2C
  3. 3. The consumer browses the catalog of products featured on the site and selects items to purchase. The selected items are placed in electronic equivalent of a shopping cart & provides a bill and ship to address for purchase and delivery. Process of ecommerce
  4. 4. History of Ecommerce  1970 E-Commerce meant the facilitation of commercial transactions electronically, using technology such as EDI electronic data interchange and electronic funds transfer allowing businesses to send commercial documents like purchase orders or invoices electronically.
  5. 5. In 1980,s  Growth and acceptance of credit cards  ATM  Telephone banking  Airline reservation system  In 1990s,  Internet commercialized and users flocked to participate in the form of dot-com or internet start-ups
  6. 6. In 2000s,  Many European and American business companies offered their services through the world wide web
  7. 7. What is traditional commerce  Traditional commerce refers to practice of selling products and services within a single industry and in some case, within a specific geographical area.
  8. 8. Benefits to organizations  Global reach  Cost reduction  Supply chain improvement  customization
  9. 9. Benefits to consumers  More product and services  Cheaper products and services  Instant delivery  Information availability  Participation in auctions
  10. 10. Difference Between E-commerce and Traditional Commerce Traditional Commerce  Direct interaction Traditional commerce is often based around face to face interaction o Lower cost Traditional commerce is not cheaper than E-Commerce.  Reach In traditional commerce only you are restricted to people who actually come to your shop. E-Commerce  Direct interaction Ecommerce des not offer this benefit  Lower cost Ecommerce is more cheaper than maintaining a physical store in an equall popular location.  Reach Wide rang of customers we an reach as compare to traditional commerce.
  11. 11. Traditional Commerce  Credit card fraud The remote nature of Ecommerce makes much more difficult to detect fraud, which means stores can lose money due to fraud  Telephone communication  Ads: printed,radio, t.v  Payment cash,check  customer takes product home E-Commerce  Credit card fraud While there are chance of fraud but can be minimized by physically presence of buyer by checking of ID Cards etc.  E-mail communication  Ads: online, radio, t.v  Payment direct, fund transfer  Delivery home 2-5 days
  12. 12. Traditional Commerce  Research& development high cost  Internet connection is not required  Marketing high cost outlets, wholesalers E-Commerce  R&D lower cost  Internet connection is required  Good content, trust
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DIFFERENCE BETWEEN E-COMMERCE AND TRADITIONAL COMMERECE

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