Introduction to E-Commerce
Transacting or facilitating business on the Internet is
called E-Commerce. E-Commerce is short ...
When it comes to E-Commerce, most of the
information you’ll be able to find online is
marketing related because marketing ...
1) Management.
2) Warehouse operations.
3) Shipping and returns.
4) E-commerce catalogue
and product display.
5) Promotion...
Different types of e-commerce
 Business-to-business (B2B)
 Business-to-Consumer (B2C)
 Business-to-government (B2G)
 C...
We use the term e-business to refer primarily to the
digital enablement of transactions and processes
within a firm, invol...
E-Commerce is Like Any Other Business:
Developing a business over the Internet requires many of the same
major activities...
You need to design and promote a Website.
You'll need access to expertise that can
regularly design and maintain this Webs...
The Process Of Buying Products Online
Traditional Commerce E-Commerce
Cost
Cost is greater due to taxes,
advertisement and employees.
Average cost is much lower...
Reliability
People trust it more
because of physical
transactions.
Due to lake of
awareness this is less
popular among peo...
1. Differentiate your
business.
2. Get your technology right.
3. Don’t make customers
run around in circles.
4. Secure you...
7 Reasons to start an E-Commerce business
1) To get more independence.
2) Because you are passionate.
3) To make extra inc...
Security threats arise either because of somebody's malicious actions, or
because of incorrect technical setup. As a resul...
1-Lack of sufficient system's security, reliability,
standards, and communication protocols.
2-Insufficient telecommunicat...
Cont…..
5-The need for special Web servers and other
infrastructures, in addition to the network servers
(additional cost)...
ADVANTAGES OF E-COMMERCE
 Faster buying/selling procedure, as well as easy to find products.
 Buying/selling 24/7.
 Mor...
1. Unable to examine products personally.
2. Everyone is connected to the Internet.
3. There is the possibility of credit ...
In general, today’s businesses must always strive to create the
next best thing that consumers will want because consumers...
E-commerce
E-commerce
E-commerce
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E-commerce

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E-commerce

  1. 1. Introduction to E-Commerce Transacting or facilitating business on the Internet is called E-Commerce. E-Commerce is short for "electronic commerce."The process of buying and selling goods and services over the internet .A type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet that doesn’t require any bargaining.
  2. 2. When it comes to E-Commerce, most of the information you’ll be able to find online is marketing related because marketing is the easy part. That’s why almost everybody assumes that all it takes to build an E- Commerce operation is good marketing, a technological sound shopping catalogue solution and a lot of luck.
  3. 3. 1) Management. 2) Warehouse operations. 3) Shipping and returns. 4) E-commerce catalogue and product display. 5) Promotions. Components of E-Commerce Business
  4. 4. Different types of e-commerce  Business-to-business (B2B)  Business-to-Consumer (B2C)  Business-to-government (B2G)  Consumer-to-consumer (C2C)  Mobile commerce (M-commerce)  Facebook commerce (F-commerce)
  5. 5. We use the term e-business to refer primarily to the digital enablement of transactions and processes within a firm, involving information systems under the control of the firm. E-Commerce include commercial transactions involving an exchange of value across organizational boundaries E- Commerce v/s E-business:
  6. 6. E-Commerce is Like Any Other Business: Developing a business over the Internet requires many of the same major activities as starting any other business. Not All Products Are Very Compatible to Sales Over the Internet: But there are some features unique to E-Commerce. Not all products are real compatible to be sold over the Internet. You Need an Online "Store": Basically, you need an "online store" to be an "e-tailor". Basics of E-Commerce
  7. 7. You need to design and promote a Website. You'll need access to expertise that can regularly design and maintain this Website for you -- and it will require ongoing attention. Fortunately, there is a great deal of free information available to help you with this design and promotion. Obviously, You Need a Website
  8. 8. The Process Of Buying Products Online
  9. 9. Traditional Commerce E-Commerce Cost Cost is greater due to taxes, advertisement and employees. Average cost is much lower than traditional type. Market Product market is limited because of geo-graphical constraints. Product market is across the world because of non-physical aspects. Advertisement It requires product advertisement on various mediums. Developers of the websites also makes adds on domains. Time It requires more time to go outside, to choose, compare and evaluate product. It takes less time to choose and make comparison between several products. Accessibility Less accessible due to time or geo-graphical constraints. Products can be accessed at any time and from almost anywhere.
  10. 10. Reliability People trust it more because of physical transactions. Due to lake of awareness this is less popular among people. Support Customers support centers support their customers. No physical support centres available. Feedback Feedback from customers takes a lot of time. Feedback is immediate by certain website features. Interactivity Fewer customers can be interacting with at a time because of less physical limitations. Websites are especially designed for multi- users.
  11. 11. 1. Differentiate your business. 2. Get your technology right. 3. Don’t make customers run around in circles. 4. Secure your supply chain. 5. Be cost effective. Tips for Running a Successful E- Commerce Business
  12. 12. 7 Reasons to start an E-Commerce business 1) To get more independence. 2) Because you are passionate. 3) To make extra income, or Become financially secure. 4) You want to. 5) Get tax benefits. 6) Pick who you work with. 7) Never get laid off.
  13. 13. Security threats arise either because of somebody's malicious actions, or because of incorrect technical setup. As a result, there cannot be an exhaustive listing of all E-Commerce security issues. But here are the most common: Malware. Unauthorized Data Access. Denial of Service. Phishing. Security Threats to E-Commerce Websites
  14. 14. 1-Lack of sufficient system's security, reliability, standards, and communication protocols. 2-Insufficient telecommunication bandwidth. 3-The software development tools are still evolving and changing rapidly. 4-Difficulties in integrating the Internet and electronic commerce software with some existing applications and databases. Limitations of E-Commerce
  15. 15. Cont….. 5-The need for special Web servers and other infrastructures, in addition to the network servers (additional cost). 6-Possible problems of interoperability, meaning that some E-Commerce software does not fit with some hardware, or is incompatible with some operating systems or other components.
  16. 16. ADVANTAGES OF E-COMMERCE  Faster buying/selling procedure, as well as easy to find products.  Buying/selling 24/7.  More reach to customers, there is no theoretical geographic limitations.  Low operational costs and better quality of services.  No need of physical company set-ups.  Easy to start and manage a business.  Customers can easily select products from different providers without moving around physically.
  17. 17. 1. Unable to examine products personally. 2. Everyone is connected to the Internet. 3. There is the possibility of credit card number theft. 4. Mechanical failures can cause unpredictable effects on the total processes. Disadvantages
  18. 18. In general, today’s businesses must always strive to create the next best thing that consumers will want because consumers continue to desire their products, services etc. to continuously be better, faster and cheaper. Hence, there are several factors and variables that need to be considered and decided upon when starting an E-Commerce business. Some of these include: types of E-Commerce, marketing strategies and countless more. If the correct methods and practices are followed, a business will prosper in an E-Commerce is set with much success and profitability. Conclusion

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