This document defines e-commerce as commercially transactions conducted electronically over the internet. It discusses how e-commerce allows buying and selling of goods and services online between businesses and consumers. The document then provides a brief history of e-commerce from its origins in electronic funds transfer and electronic data interchange in the 1970s-1980s to the development of the World Wide Web in the 1990s. It also lists pros and cons of e-commerce such as increased access to markets but lack of personal touch.

1. E-Commerce

2. What is Commerce?
The activity of buying and
selling on large scale.
It comprises the trading of
something of economic such as
goods, services, information, or
money between two or more
entities.

3. What is E-commerce?
Commercially transactions conducted electronically on internet.
E-Commerce is the facilitation of trading in products or services using
computer networks.
It refers to businesses and consumers buying and selling products online.

4. Why Use e-commerce...?
 Exploitation of New Business .
 Improvement of Business Transaction .
 Greater Economic Efficiency .
 Incorporating Transaction.
 Increasing of Revenue.
 Facilitating of Network Form.
 Access to the Global Market.

5. 1970s: Electronic Funds Transfer (EFT)
 Used by the banking industry to exchange account information over secured
networks
Late 1970s and early 1980s: Electronic Data Interchange (EDI)
for e-commerce within companies
 Used by businesses to transmit data from one business to another
1990s: the World Wide Web on the Internet provides easy-to-
use technology for information publishing and dissemination
 Cheaper to do business (economies of scale)
 Enable diverse business activities (economies of scope
BRIEF HISTORY OF E-COMMERCE

6. PROCESS OF E-COMMERCE

7. Pros and Cons of e-commerce
PROS:-
 No Standing in Queues or Being Placed on Hold Forever .
 Easier to Compare Prices .
 Access to Stores Located Remotely .
 No Need for a Physical Store.
 Common Availability of Coupons and Deals .
 Lots of Choices .
 Stores Are Open All the Time .
 Ability to Have Vendors Bid for Your Business.

8. CONS:-
 Lack of Personal Touch.
 Longer Time to Establish Awareness And Trust.
 Not everyone is connected to the Internet.

9. E India Mall is On-line retailer of various kinds of apparel, foot-wears,
adornments as well as books, music, electronics, toys , games, sports,
groceries, home décor items. Get Best deal in your own region with the
blend of quality and cheap price with most trust-able retailers.
OUR E-COMMERCE BUSINESS

10. THANK YOU