E-commerce involves the buying and selling of goods and services over electronic networks. It was first introduced in the 1960s through electronic data interchange and standards for it were developed in the 1970s. In the 1990s, the rise of eBay and Amazon revolutionized the industry by facilitating business-to-consumer and consumer-to-consumer transactions online. The main advantages of e-commerce are convenience, time savings, options, and ease of comparing products and reviews, while disadvantages include potential issues with quality, hidden costs, delays in receiving goods, and needing internet access.

1. E-Commerce

2. E-Commerce
Buying and selling of goods and services.
Transferring funds or data, over an
electronic network.
A type of business or commercial
transaction that involves the transfer of
information across the internet.

3. History of E-commerce
1960 – first introduce via an electronic
data interchange (EDI)

4. History of E-commerce
1979 – American National Standards
Institute developed ASC X12.

5. History of E-commerce
1990 – the rise of the E-bay and Amazon
revolutionized the e-commerce
industry.

6. Types of E-commerce
Business to business (B2B)
- defines that buyer and seller are
two different entities.
Business to Consumer (B2C)
- it is the model taking business
and consumers interaction.

7. Types of E-commerce
Consumer to consumer (C2C)
- simply commerce between private
individuals or consumers.

8. Advantages of
E-commerce

9. Advantages of EC
 Convenience
 Time saving
 Options
 Easy to compare
 Easy to find reviews
 Coupons and deals

10. Advantages of EC
Convenience

11. Advantages of EC
Time saving

12. Advantages of EC
Options

13. Advantages of EC
Easy to compare

14. Advantages of EC
Easy to find reviews

15. Advantages of EC
Coupon and deals

16. Disadvantages of
E-commerce

17. Disadvantages of EC
Quality

18. Disadvantages of EC
Hidden cost

19. Disadvantages of EC
Delay in receiving goods

20. Disadvantages of EC
Need access to internet