word of e-commerce
Meaning
Types of e-commerce
Characteristics
Advantages
Disadvantages
E-commerce companies
Growth of internet users
Total e-commerce users
4. Meaning of E-commerce
Ecommerce, also known as electronic commerce or
internet commerce, refers to the buying and selling of
goods or services using the internet, and the transfer
of money and data to execute these transactions.
Ecommerce is often used to refer to the sale of
physical products online, but it can also describe any
kind of commercial transaction that is facilitated
through the internet.
Whereas e-business refers to all aspects of operating
an online business, ecommerce refers specifically to
the transaction of goods and services.
5. TYPES OF E-COMMERCE
B2C
B2B stands for business-
to-business, referring to a
type of transaction that
takes place between one
business and another.
B2B
Refers to commerce
between two businesses
rather than between a
business and an individual
consumer. Transactions at
the wholesale level are
usually business-to-business,
while those at the retail level
are most often business-to-
consumer (B2C)
6. CONTINUE
C2B
Customer to customer (C2C)
is a business model
whereby customers can
trade with each other,
typically in an online
environment. Two
implementations of C2C
markets are auctions and
classified advertisements.
C2C
C2C is a business
model where customers
purchase goods from
other customers via a
third-party platform or
business.
7. CHARACTERISTICS OF E -
COMMERCE
Establishment of business to business
Electronic payment
E distribution
Extend of information
Pre sale and post sales
Customer relationship
8. ADVANTAGES OF E - COMMERCE
1 Progress facility
2 Provide increased
purchased
opportunity
3 Low staffin cost
[employee]
4 Increase profits
5 Increase customer
service and loyalty
6 Increase speed and
accurate
7 Reduction of paper
storage
8 Increase response
and time
9. DIS – ADVANTAGES OF E- COMMERCE
Security risk
High start up cost
Uncertainity
Lack of skill personal
Legal issues
Lack of information
12. TOTAL E- COMMERS USERS IN INDIA
Year Total E-commers
transaction
Business to
consumer
Business to
business [in crores]
1998-1999 131 13 119
1999- 2000 450 50 400
2000-2001 1300 100 1100