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E-Commerce
MEGHA GUPTA
ASSISTANT PROFESSOR
ADVANCED EDUCATIONAL INSTITUTE
www.advanced.edu.in
Flow of Lesson
1. Introduction of E-commerce
2. Features of E-commerce
3. Traditional Commerce v/s E-Commerce
4.Advantages of E-commerce
5.Disadvantages of E-commerce
6.E-commerce Business models
7. E-commerce Payment System
8.E-commerce Security System
9. E-commerce EDI
www.advanced.edu.in
Introduction of the E-Commerce
E-Commerce or Electronics Commerce is a methodology of modern business which addresses
the need of business organizations, vendors and customers to reduce cost and improve the
quality of goods and services while increasing the speed of delivery
www.advanced.edu.in
Diagrammatic
View
This is how E-Commerce works
www.advanced.edu.in
Features of the E-Commerce
•Non-Cash Payment
•24x7 Service availability
•Advertising / Marketing
•Improved Sales
•Support
•Inventory Management
•Communication improvement
www.advanced.edu.in
Traditional Commerce v/s E-Commerce
TRADITIONAL COMMERCE
1.Heavy dependency on information exchange
from person to person.
2. Communication/ transaction are done in
synchronous way. Manual intervention is
required for each communication or
transaction.
3. It is difficult to establish and maintain
standard practices in traditional commerce.
4. Communications of business depends upon
individual skills.
E-COMMERCE
1.Information sharing is made easy via
electronic communication channels making
little dependency on person to person
information exchange.
2. Communication or transaction can be done
in asynchronous way.
3. A uniform strategy can be easily established
and maintain in e-commerce.
4. In e-Commerce or Electronic Market, there
is no human intervention.
www.advanced.edu.in
E-Commerce - Advantages
• Advantages to Organizations
•Advantages to Consumers
•Advantages to Society
www.advanced.edu.in
E-Commerce Disadvantages
E-Commerce disadvantages can be broadly classified in two major categories:
•Technical disadvantages
•Non-Technical disadvantages
www.advanced.edu.in
E-Commerce Business Models
•Business - to - Business (B2B)
•Business - to - Consumer (B2C)
•Consumer - to - Consumer (C2C)
•Consumer - to - Business (C2B)
•Business - to - Government (B2G)
•Government - to - Business (G2B)
•Government - to - Citizen (G2C)
www.advanced.edu.in
Business - to -
Business (B2B)
This is how B2B works
www.advanced.edu.in
Business - to
Consumer
(B2C)
This is how B2C works
www.advanced.edu.in
Consumer - to -
Consumer
(C2C)
This is how C2C works
www.advanced.edu.in
Business - to –
Government
(B2G)
This is how B2G works
www.advanced.edu.in
E-Commerce Payment Systems
•Credit Card
•Debit Card
•Smart Card
•E-Money
•Electronic Fund Transfer
www.advanced.edu.in
E-Commerce Security Systems
Confidential − Information should not be accessible to unauthorized person. It should not be
intercepted during transmission.
Integrity − Information should not be altered during its transmission over the network.
Availability − Information should be available wherever and whenever requirement within time limit
specified.
Authenticity − There should be a mechanism to authenticate user before giving him/her access to
required information.
Non-Repudiabiity − It is protection against denial of order or denial of payment. Once a sender
sends a message, the sender should not able to deny sending the message. Similarly the recipient of
message should not be able to deny receipt.
Encryption − Information should be encrypted and decrypted only by authorized user.
Auditability − Data should be recorded in such a way that it can be audited for integrity
requirements.
www.advanced.edu.in
E-Commerce EDI
EDI stands for Electronic Data Exchange. EDI is an electronic way of transferring business
documents in an organization internally between its various departments or externally with
suppliers, customers or any subsidiaries etc. In EDI, paper documents are replaced with
electronic documents like word documents, spreadsheets etc.
www.advanced.edu.in
Diagrammatic
View
This is how EDI works
www.advanced.edu.in
EDI-Advantages
•Reduction in data entry errors
•Shorter processing life cycle
•Electronic form of data
•Reduction in paperwork
•Cost Effective
•Standard Means of communication
www.advanced.edu.in
Megha Gupta
Assistant Professor
Advanced Educational Institute
Advanced Educational Institutions,
70 km Milestone,
Delhi-Mathura Road, Dist. Palwal, Haryana-121105
+91–1275–398415
Megha_3100@yahoo.com
www.advanced.edu.in
www.advanced.edu.in

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E-Commerce Guide: Features, Models, Payments & Security

  • 1. E-Commerce MEGHA GUPTA ASSISTANT PROFESSOR ADVANCED EDUCATIONAL INSTITUTE www.advanced.edu.in
  • 2. Flow of Lesson 1. Introduction of E-commerce 2. Features of E-commerce 3. Traditional Commerce v/s E-Commerce 4.Advantages of E-commerce 5.Disadvantages of E-commerce 6.E-commerce Business models 7. E-commerce Payment System 8.E-commerce Security System 9. E-commerce EDI www.advanced.edu.in
  • 3. Introduction of the E-Commerce E-Commerce or Electronics Commerce is a methodology of modern business which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery www.advanced.edu.in
  • 4. Diagrammatic View This is how E-Commerce works www.advanced.edu.in
  • 5. Features of the E-Commerce •Non-Cash Payment •24x7 Service availability •Advertising / Marketing •Improved Sales •Support •Inventory Management •Communication improvement www.advanced.edu.in
  • 6. Traditional Commerce v/s E-Commerce TRADITIONAL COMMERCE 1.Heavy dependency on information exchange from person to person. 2. Communication/ transaction are done in synchronous way. Manual intervention is required for each communication or transaction. 3. It is difficult to establish and maintain standard practices in traditional commerce. 4. Communications of business depends upon individual skills. E-COMMERCE 1.Information sharing is made easy via electronic communication channels making little dependency on person to person information exchange. 2. Communication or transaction can be done in asynchronous way. 3. A uniform strategy can be easily established and maintain in e-commerce. 4. In e-Commerce or Electronic Market, there is no human intervention. www.advanced.edu.in
  • 7. E-Commerce - Advantages • Advantages to Organizations •Advantages to Consumers •Advantages to Society www.advanced.edu.in
  • 8. E-Commerce Disadvantages E-Commerce disadvantages can be broadly classified in two major categories: •Technical disadvantages •Non-Technical disadvantages www.advanced.edu.in
  • 9. E-Commerce Business Models •Business - to - Business (B2B) •Business - to - Consumer (B2C) •Consumer - to - Consumer (C2C) •Consumer - to - Business (C2B) •Business - to - Government (B2G) •Government - to - Business (G2B) •Government - to - Citizen (G2C) www.advanced.edu.in
  • 10. Business - to - Business (B2B) This is how B2B works www.advanced.edu.in
  • 11. Business - to Consumer (B2C) This is how B2C works www.advanced.edu.in
  • 12. Consumer - to - Consumer (C2C) This is how C2C works www.advanced.edu.in
  • 13. Business - to – Government (B2G) This is how B2G works www.advanced.edu.in
  • 14. E-Commerce Payment Systems •Credit Card •Debit Card •Smart Card •E-Money •Electronic Fund Transfer www.advanced.edu.in
  • 15. E-Commerce Security Systems Confidential − Information should not be accessible to unauthorized person. It should not be intercepted during transmission. Integrity − Information should not be altered during its transmission over the network. Availability − Information should be available wherever and whenever requirement within time limit specified. Authenticity − There should be a mechanism to authenticate user before giving him/her access to required information. Non-Repudiabiity − It is protection against denial of order or denial of payment. Once a sender sends a message, the sender should not able to deny sending the message. Similarly the recipient of message should not be able to deny receipt. Encryption − Information should be encrypted and decrypted only by authorized user. Auditability − Data should be recorded in such a way that it can be audited for integrity requirements. www.advanced.edu.in
  • 16. E-Commerce EDI EDI stands for Electronic Data Exchange. EDI is an electronic way of transferring business documents in an organization internally between its various departments or externally with suppliers, customers or any subsidiaries etc. In EDI, paper documents are replaced with electronic documents like word documents, spreadsheets etc. www.advanced.edu.in
  • 17. Diagrammatic View This is how EDI works www.advanced.edu.in
  • 18. EDI-Advantages •Reduction in data entry errors •Shorter processing life cycle •Electronic form of data •Reduction in paperwork •Cost Effective •Standard Means of communication www.advanced.edu.in
  • 19. Megha Gupta Assistant Professor Advanced Educational Institute Advanced Educational Institutions, 70 km Milestone, Delhi-Mathura Road, Dist. Palwal, Haryana-121105 +91–1275–398415 Megha_3100@yahoo.com www.advanced.edu.in www.advanced.edu.in