Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
E-Commerce
1. E-C OMMERCE AND
A PPLICATION OF IT
GROUP MEMBERS:
Bhumi Jayalakshmi – 01
Sukanya Chatterjee – 04
Moyena Parikh - 21
2. CONTENTS
WHAT IS E-COMMERCE
ONLINE MARKETING
BUSINESS OPPURTUNITIES
BUSINESS BARRIERS
INTERNET ACCESS PROVIDERS
WEB DEVELOPMENT TOOLS
I.T IN INSURANCE
3. E-C OMMERCE
Automation of commercial transactions using
computer and communication technologies.
Facilitated by Internet.
Business-to-Business: EDI
Business-to-Consumer: WWW retailing
Some features:
–Easy, global access, 24 hour availability
–Customized products and services
–Back Office integration
–Additional revenue stream
5. ONLINE MARKETTING
Internet marketing is the marketing of products or
services over the Internet.
Digital customer data and ECRM systems are grouped
together under internet marketing.
Advantages
Reduced Cost
Everything Is Measurable
Brand Engagement
Demographic Targeting
Real-Time Results
7. BUSINESS OPPORTUNITIES
(ADVANTAGES)
BUSINESS CONSUMER
Global presence Increased convenience
24/7 opening Increased choice
Reduced costs Improved product
information
Increased sales and profit Lower prices
Improved customer information More Options
8. D ISADVANTAGES
BUSINESS CONSUMER
Start up costs Concerns about security.
Issues with access Lack of instant gratification
Not suitable for all products Lacks the social aspect of
shopping.
Increased competition Inconsistent return policies
9. INTERNET ACCESS PROVIDERS
Internet access provider or ISP is any organization
that arranges for an individual or an organization
to have access to the Internet.
Typical home user connectivity
• Broadband wireless access
• Cable Internet
• Wi-Fi
Business-type connection:
• DSL
• Metro Ethernet technology
• Leased line
10. W EB D EVELOPMENT TOOLS
The term 'web development' refers to a large range of
activities related to developing for the web.
Specifically, these activities can include:
Web design
Development of web software, such as:
Web applications
E-commerce software
Web server configuration and management
11. IT IN I NSURANCE
Indian insurance companies are rapidly becoming
technology-driven organizations, replacing millions
of paper files with databases of information.
Actuarial Analysis.
Policy Administration.
Automated Underwriting and Rating.
12. C ONCLUSION
IT makes lives easier for everyone.
Work styles in banking, insurance and other
organizations are changing rapidly due to changing
technology.
IT creates new and interesting jobs which
increases the employment opportunities.
13. BIBLIOGRAPHY
www.google.com
www.wikipedia.org
www.buzzle.com
www.scribd.com
BBI 3rd Semester – IT in banking and Insurance – Vipul
Prakashan.