2. What is E-commerce ?
E-commerce (electronic commerce or EC) is the buying and
selling of goods and services, over an electronic network,
primarily the Internet.
These business transactions occur either business-to-business,
business-to-consumer,
consumer-to-consumer
E-commerce Categories:
B2B E-commerce
B2C E-commerce
C2C E-commerce
3. B2B E-commerce:
E-commerce between companies. About 80% of e-commerce is B2B E-
commerce.
B2C E-commerce:
Business-to-consumer e-commerce, involves customers gathering
information purchasing
physical goods or receiving products over an electronic network.
C2C E-commerce:
Consumer-to-consumer e-commerce or C2C is simply commerce between
private individuals or consumers.
4. Advantages
Fast buying and selling procedure.
Available 24*7.
You can shop anywhere in the world.
Low operational costs and better quality of services.
Online payment is easy.
Flipkart introduced to buy vehicles
5. Disadvantages
Small scale industry.
There is the possibility of credit card number theft.
Delayed
Unable to examine products personally.
Payment gateway timed out.
Rural areas.
6. E-commerce in India
When e-commerce started in India?
E-Commerce Industry In India Worth $13.5 Billion In 2015: Will
Cross $16 Billion In 2016.
7. Interesting Facts
Inventor - Michael Aldrich.
E-commerce was started first in india.
Irctc
Pizza Hut
Search engine.
India is fastest growing, France is slow growing.