PPT on e commerce, business models, engineering 7th semester, evolution, advantage disadvantage, roadmap in india, history of e commerce, EDI, ELECTRICAL AND ELECTRONICS ENGINEERING
2. What is E-commerce
E-commerce or Electronic Commerce is the process of selling
or buying goods and services over the Internet.
It involves :
1. Commercial Transactions
2. Utilizing Online Platforms, Websites or Mobile Applications
Ecommerce acts as a platform to buy and sell goods seamlessly, to take
services from the business anywhere in the world by just using your phones.
3. How it all began!
It started before the Internet was invented.
E-commerce goes back to the 1960s when companies used an electronic system called the
Electronic Data Interchange to facilitate the transfer of documents.
Electronic Data Interchange (EDI) is the electronic interchange of business information using a
standardized format; EDI replaced traditional mailing and faxing of documents by allowing a
digital transfer of data from one computer to another.
Example: Company A may buy goods from Company B. Company A sends Purchase Orders to
Company B, which sends Invoices and Shipment Notices to Company A.
Each of those purchase orders and invoices could be done manually (printing out orders,
manually re-entering data, email or mailing invoice etc.). Or it could just be done
electronically and automatically using EDI.
4. Timeline
1960 – 1982 : Invention and early days:
• development of EDI
• Invention of teleshopping by Michael Aldrich in UK
1982 – 1990: Early Ecommerce Platforms:
• B2B becomes popular
• Smaller online telephone and other services
Early 90’s: The World Wide Web Arrives
Mid ‘90s to Present: Marketplaces, Payments and The Growth of Ecommerce
5. Why E-commerce?
It is a disruptive technology which has changed the way business was being
done for centuries.
Nearly every imaginable product and service is available through e-commerce
transactions including books, music, plane tickets, and financial services such
as stock investing and online banking.
E-commerce has touched each and every part of the public life.
Daily use products: BigBasket, Spencer’s, BlinkIt
Healthcare: 1mg, Netmeds, Apollo247
Education and research: Unacademy, Byjus,
Clothing, Shopping and selling : Flipkart, Myntra, Amazon, eBay, OLX
Jobs, rents, travel: LinkedIn, Indeed, OYO, Bookmyshow
Dating and matrimony: Hinge, Tinder, Shaadi.com
Gaming, betting and Entertainment: Minecraft, Dream11, YouTube, Spotify
Social Media: Facebook, Twitter, Instagram
6. Advantages & Disadvantages
1. Availability
2. Accessibility
3. Options to choose
4. Personalization
5. Privacy
6. Cost savings
7. Global Reach
8. Targeted Marketing
9. Increased Customer
Convenience
10. Customer Reviews
1. No Physical Interaction
2. Logistic challenges
3. Increased competition
4. Dependency on Internet
5. Quality
6. Authenticity
7. Security
8. Data breach
9. Returns and Reverse Logistics
10. Environmental Impact
7. Roadmap of Ecommerce in India
An ecommerce roadmap is a visual communication tool meant for any
organization with an ecommerce platform.
Since 2014, the Government of India has announced various initiatives,
namely Digital India, Make in India, Start-up India, Skill India and
Innovation Fund.
100% FDI is allowed in B2B e-commerce.
Indian ecommerce market could outpace more mature
markets to become the third largest market in the world
with US$ 350 billion by 2030.
8. Business Models in E-commerce
There are Various Business models in E-commerce:
1. B2B: Business to Business
Oracle, Infosys, TCS
2. B2C: Business to Consumer
Amazon, Walmart, Netflix, Spotify, YouTube, eBay, and more
3. C2B: Consumer to Business
Google AdSense, Shutterstock
4. C2C: Consumer to Consumer
OLX, Craigslist, or eBay
9. Challenges
1. Infrastructure
2. Cash-on-Delivery (CoD)
3. Regulatory Environment
4. Trust and Consumer Confidence
Scope
1. Rural Market Potential
2. Ai enhanced
3. Integration of online and offline shopping