2. AYUSH GUPTA
Online/E-Commerce
•
•
•
Electronic commerce is the paperless exchange of business information
using electronic data interchange (EDI), e-mail, electronic bulletin
boards, fax transmissions, and electronic funds transfers.
Internet shopping, online stock and bond transactions, the downloading
and selling of “soft merchandise” (software, documents, graphics, music,
etc.), and business-to-business transactions.
The concept of e-commerce is all about using the Internet to
do business better and faster.
3. AYUSH GUPTA
Price
Quick,
convenient
and easy
In depth
product
overviews
Consumer
reviews
Shop from
any where in
the world
Access 24
hours a day
Cheaper
products and
services
•
Pros For Consumer
4. AYUSH GUPTA
Cons For Consumer
Unable to examine products personally
New way for cyber-criminals to steal
personal, financial info, and even your
identity
Don’t always know what your getting
Shipping delay (purchases and returns)
Slower product verification and problem
resolution
5. AYUSH GUPTA
Pros For Businesses
Global reach
Cost
reduction
Supply chain
improvements
Improved
customer
relations
Survey of
customers
Less likely to
make returns
6. AYUSH GUPTA
Cons For Businesses
Elimination of face
to face interaction
Distribution
(in-stock?)
Competition
(prices down=profit
margin down)
24/7 (updating,
responding, etc.)
7. AYUSH GUPTA
E-Shopping Tips
• Friends or Co-workers who have online
shopping experiences to share
Personal recommendations
Use consumer reviews
and internet to get
informed
9. AYUSH GUPTA
THE CATEGORIES
Government
to -business
(G2B)
Government
toconsumer
(G2C)
Consumer-
to-consumer
(C2C)
Business-to-
government
(B2G)
Business-to-
Consumer
(B2C)
Business-to-
business
(B2B)
10. B2G stand for
business to(with)
Government .
When a business
company trade with
government is called
B2G.
11. B2B Means trade
between the
companies.
It is abruvation
(stand for)of
business to
business.
About 80% of
Ecommerce
business is done by
B2B.
1/10/2016
12. B2C stand for business to
consumers (who purchases things).
It is the relationship between
consumer and company directly.
1/10/2016
13. AYUSH GUPTA
Interesting Facts and Statistics
Every 1.2 seconds,
a Canadian makes
a purchase with
their PayPal
account
Almost 20 per cent
of Canadians make
three or more
online purchases
per month (2009).
Experts predict
that online sales
will reach US$328
billion by 2010
14. According to business world estimate near about Sixty thousand new jobs
will be created for the internet world alone in the next two years
E-Commerce transactions are expected to cross the Rs. 3500 crore
milestone in 2010-11, a jump of around 350 percent from the 2008-09
figure of Rs. 1000 crore
eBay said that consumers were trading goods worth almost three crore
rupees everyday, across the globe.
FUTURE OF E-COMMERCE IN INDIA
15. AYUSH GUPTA
Summary and Conclusion
The Internet has lead to the birth and evolution E-
commerce. E-commerce has now become a key
component of many organizations in the daily
running of their business.
As the Internet and in turn E-commerce has
developed, and continues to evolve and grow, it is
vital that any organization, in any particular
industry