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E commerce and the indian consumer
1. E- COMMERCE AND THE INDIAN
MARKET
Presented by:-
Ramawatar
Tawaniya
ram.tawaniya@gmail.com
2. MEANING OF E-COMMERCE
It is the art and science of selling products
/services over the Internet
It is the paperless exchange of business
information using electronic data interchange (EDI)
Refers to shopping at online stores on the WWW.
E-commerce can be business to business (B to B).
Business to consumer (B to C).
It is all about using the Internet to do business
better and faster.
3. Objective of e-commerce
Generate maximum profit.
Utilization of facilities and services.
Better customer satisfaction.
Product comparison.
Providing sufficient facilities.
Maintaining the brand name.
Information towards next product which is about to
launch.
4. Benefits of e-commerce
Time saving process.
Better range of products.
Global Location
Open 24 x 7, 365 days of the year
Wide range of products can be compared
It cuts down the cost of marketing, processing, etc.
It not only reduce communication cost but also
increase flexibility in locating activities.
5. INDIAN CONSUMER
Cheap and better product
Product Satisfaction
Fast service
Cheaper communication
Possible Demo use
Home delivery
C2C facilities
6. Disadvantages of e-commerce
Returned items
Electronic payment
No guarantee of product quality
Customer Relation Problems
Privacy problem.
Security issue
Loss of a segment of customers who buys the
products only after seeing
7. Now a days, e-commerce has a vital role in Indian
market. Better consumer services and online
payment increases sales and decrease cost.
To increase the Indian economy and maximum
utilization of services E Commerce is needed.
CONCLUSION