Ecommerce (2)
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This document discusses the basics of e-commerce including definitions of key terms like electronic commerce, business-to-consumer transactions, and online storefronts. It outlines the advantages of e-commerce such as a global market, lower costs, and immediate feedback. The document also reviews trends in e-commerce spending and consumer concerns about online shopping.
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This document provides an overview of various e-business models, including storefront, auction, portal, dynamic pricing, B2B exchange, and other models. It describes key aspects of each model such as how they work, examples of companies that use each model, and technologies that support the models. The document is presented by Khalid Khan from the Department of Computer Science at the University of Peshawar.
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E-commerce refers to the buying and selling of goods or services using the internet. There are several types of e-commerce including business-to-business (B2B), business-to-consumer (B2C), business-to-government (B2G), and consumer-to-consumer (C2C). E-commerce provides easy and global access, is available 24/7, and allows for customized products and services. It involves attracting customers to a site, converting them to buyers, and keeping them returning through good customer service and additional offerings. Security measures like encryption and digital signatures are important to protect transactions.
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The document discusses the three pillars of ecommerce: electronic information, electronic relationships, and electronic transactions. Electronic information involves constructing web pages that provide necessary information to visitors in an accessible way. Electronic relationships is about building a website that feels like a community for users to interact on through features like forums and value-added content. Electronic transactions refers to the ability to conduct secure business transactions online, which many websites still struggle to implement fully.
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E-commerce has revolutionized business by allowing online purchasing and selling of goods and services globally over the internet. It provides many strengths such as being borderless, saving time and having no time constraints. However, it also faces weaknesses like security concerns, potential for fraud, and an inability to see the physical product. Opportunities for e-commerce include a growing customer base as internet usage increases and new technologies emerge. Threats consist of rising competition, potential legal/regulatory changes, and difficulties in direct customer interaction compared to offline purchasing.
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E-commerce involves buying and selling of goods and services over the Internet, while e-business refers to conducting business processes digitally within a company. Some key differences are:
- E-commerce is a subset of e-business that is limited to monetary transactions, while e-business encompasses additional digital processes.
- E-commerce focuses on external commercial transactions with customers, while e-business also transforms internal business transactions and processes.
- E-commerce requires a website for transactions, but e-business requires additional digital systems like CRM and ERP integrated within the company.
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E-commerce has significant social implications. It changes how businesses operate and customers shop. Customers must trust online retailers for e-commerce to succeed. E-commerce allows global access to markets but also competes with traditional retailers. As more shopping moves online, there are effects on employment as traditional stores close and e-commerce favors those with IT skills. The growth of e-commerce significantly impacts society.
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->Definition,->Types of e-commerce model i.e:bussiness to consumer(B2C),bussiness to bussiness(B2B),consumer to consumer(C2C),consumer to bussiness
,->bussiness applications of e-commerce
,->need for web bussiness,->characterstics of public relation for e-commerce,->steps for setting up bussiness on internet.
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The document traces the evolution of e-commerce from its earliest beginnings with the telegraph in the 1800s, to the development of credit cards and computers in the mid-20th century. It discusses how early online payment systems and the growth of the internet in the 1990s led to the rise of e-commerce as we know it today. The document also examines trends in online advertising models and payments. It concludes by suggesting that science fiction often predicts technological developments and that the future of e-commerce remains uncertain but full of possibilities.
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Ecommerce involves buying and selling of products over the internet and other computer networks. It includes business to business, business to consumer, and supply chain transactions. Ecommerce provides advantages like easy access to global markets, lower costs, and no geographic limitations. However, it also poses risks like security threats, technical issues, and lack of direct customer interaction. Ecommerce has grown rapidly since the 1970s as internet technology advanced to allow online purchasing and payments. Setting goals and strategies are important for developing a successful ecommerce business.
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The document outlines several aims and objectives of e-commerce, including reaching a larger audience through internet access, keeping virtual shops open outside of normal working hours, and reducing costs through cheaper website hosting. It also discusses key business stakeholders like owners, investors, employees, customers, and regulators and their relationships and aims related to business development, growth, profit, and service provision.
The impact\effects of e-commerce
This slideshare is about the impacts of e-commerce on the society.
It also talks about both positive and negative sides of e-commerce on the society in this growing era of e-commerce everywhere.
It also talks about the effects of eCommerce.
Impact of e commerce on society
E-commerce has become very popular for businesses and organizations to engage in online trading. It allows for the buying and selling of products and services over the internet for both businesses and customers. Some key benefits of e-commerce include convenience for shopping from home, increased access for disabled and elderly customers, time savings from not traveling to stores, and access to a global marketplace. However, some disadvantages include potential job losses if businesses move entirely online, security issues that can undermine customer trust, and difficulties handling returns or complaints without a physical store presence.
[Rakuten TechConf2014] [D-5] Connecting the real and virtual to combine the b...
Rakuten Technology Conference 2014
"Connecting the real and virtual to combine the benefits of retail and e-commerce"
Laurent Ach (Rakuten Institute of Technology Paris)
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Ecommerce has changed the way of doing business but it has also brought with it certain merits and demerits which you must be aware of.
E-Commerce Swot Analysis
E-commerce has revolutionized business by allowing online purchasing and selling of goods and services globally over the internet. It provides many strengths such as being borderless, saving time and having no time constraints. However, it also faces weaknesses like security concerns, potential for fraud, and an inability to see the physical product. Opportunities for e-commerce include a growing customer base as internet usage increases and new technologies emerge. Threats consist of rising competition, potential legal/regulatory changes, and difficulties in direct customer interaction compared to offline purchasing.
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E-commerce involves buying and selling of goods and services over the Internet, while e-business refers to conducting business processes digitally within a company. Some key differences are:
- E-commerce is a subset of e-business that is limited to monetary transactions, while e-business encompasses additional digital processes.
- E-commerce focuses on external commercial transactions with customers, while e-business also transforms internal business transactions and processes.
- E-commerce requires a website for transactions, but e-business requires additional digital systems like CRM and ERP integrated within the company.
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E-commerce has significant social implications. It changes how businesses operate and customers shop. Customers must trust online retailers for e-commerce to succeed. E-commerce allows global access to markets but also competes with traditional retailers. As more shopping moves online, there are effects on employment as traditional stores close and e-commerce favors those with IT skills. The growth of e-commerce significantly impacts society.
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Online shopping emerged with the development of the internet, as entrepreneurs saw potential in allowing consumers to shop virtually without leaving home. It has grown tremendously, with internet traffic doubling every three months and projected annual e-commerce revenue growing from $35 billion in 1998 to a projected $1.4-3.2 trillion in 2003. While online shopping offers benefits like convenience and information for consumers and less dependence on intermediaries for firms, it also poses risks such as potential fraud, security issues, and difficulty for some consumers.
Eshaan Online Marketing
Online marketing presented by Eshaan Chhagotra discusses how the internet has created new opportunities for electronic commerce. It describes how online marketing is conducted through interactive computer systems that link consumers and sellers. It then discusses different types of online consumers and components of e-commerce like digital products, customers, sellers, and infrastructure. Finally, it outlines various e-marketing strategies and channels like establishing an e-storefront, using different types of internet advertising, and how to drive traffic and make a website user-friendly.
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E-commerce refers to digitally enabled commercial transactions between organizations and individuals, primarily focusing on facilitating order fulfillment. It differs from e-business in that e-business may also involve customer service and product development. The document outlines eight unique features of e-commerce technology, types of e-commerce including B2C, B2B, C2C and M-commerce, and limitations to the growth of B2C e-commerce such as expensive technology requirements and cultural attraction to physical markets. It also describes three eras of e-commerce and disciplines concerned with e-commerce such as information systems, economics, and marketing.
E commerce
->Definition,->Types of e-commerce model i.e:bussiness to consumer(B2C),bussiness to bussiness(B2B),consumer to consumer(C2C),consumer to bussiness
,->bussiness applications of e-commerce
,->need for web bussiness,->characterstics of public relation for e-commerce,->steps for setting up bussiness on internet.
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Electronic commerce (e-commerce) involves conducting business transactions electronically over the internet. It has evolved from early electronic funds transfer and electronic data interchange between businesses in the 1970s-1980s to the widespread use of the world wide web for online shopping (B2C) and business transactions (B2B) in the 1990s. E-commerce provides advantages like increased sales, decreased costs, and access to new markets, but also challenges around technologies changing rapidly, calculating return on investment, and cultural/legal issues. Key elements of e-commerce include infrastructure, software, security, payment systems, and transaction processing.
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This document provides an overview of basic e-commerce concepts, including defining internet commerce, reasons for participating in e-commerce, key properties of the internet, strategic and business issues related to e-commerce, technology issues, and the commerce value chain (CVC). It outlines the CVC components of attracting customers through marketing, interacting with customers through catalogs and sales, acting on customer instructions by processing orders and payments, and reacting to customer requests through customer service.
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E-commerce is growing rapidly in Asia, driven by increasing demand from overseas buyers and the need for Asian businesses to reduce costs and risks. While countries like Singapore and Hong Kong rank highly in e-readiness, security concerns still impede e-commerce growth. Regional initiatives and automated financial supply chain management can help Asian economies maintain competitiveness by reducing paper-based processes and costs. TradeCard offers a platform that connects trading partners, manages transactions from order to payment, and provides financial services to streamline global supply chains.
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Ecommerce (2)
- 1. E-Commerce: A Revolution in the Way We Do Business
- 2. There is no finish line… – Nike Corporate Motto
- 3. What is electronic commerce (e-commerce)? Financial business transaction that occurs over an electronic network Sometimes called e-business
- 4. How are e-commerce transactions conducted? Primarily through desktop computers Wirelessly using handheld Web-enabled devices M-commerce E-commerce that takes place using mobile devices
- 5. What is a bricks-and-mortar business? Company with a physical location, such as Wal-Mart or Kmart
- 6. What is a clicks-and-mortar business? Company with a bricks-and-mortar location as well as an online presence Some companies have online presence without physical locations • E*Trade and Amazon.com
- 7. What is an electronic storefront? add to cart Web site where e- retailer displays its products Shopping cart allows customer to collect purchases Also called online catalog
- 8. What is a shopping bot? Web site that searches for the best price on a specific product Also called a shopbot
- 9. What is business-to-consumer (B-to-C or B2C) e-commerce? Sale of products or services from a business to the general public
- 10. What is consumer-to-consumer (C-to-C or C2C) e-commerce? Individuals using Internet to sell products to other individuals • Online auction, such as eBay
- 11. What is business-to-business (B-to-B or B2B) e-commerce? Sale and exchange of products and service between businesses Many businesses engage in both B2B and B2C Supply chain creates and distributes products
- 12. E-Commerce Stats
- 13. What is business-to-employee (B-to-E or B2E) e-commerce? Sale and exchange of products and service between a business and its employees Usually through an intranet
- 14. What are some advantages of e-commerce? • Global market 24/7 • Businesses have access to 459 million people with Internet access • Lower operating costs • Customers can conduct price comparisons easily • Feedback can be immediate • Changing information can be available quickly • FAQ (frequently asked questions) pages can provide easy access to customer support • Ability to gather customer information, analyze it, and react • New and traditional approaches to generating revenue • Manufacturers can buy and sell directly, avoiding the cost of the middleman • Distribution costs for information reduced or eliminated • Options to create a paperless environment
- 15. Revenue Streams Sales Subscriptions Banner ads Pop ups Web searches • Paid listings • Paid inclusion • Search engine optimization http://www.zetetic.com/domain-name-sales.html
- 16. Building Traffic The 3Cs Approach • Content, community, and commerce Keywords and Search Engines • Choose name and product names that best describe business purpose and features • Select descriptive domain names • Business-related keywords can be listed in the HTML meta tag 16
- 17. Building Traffic (continued) Marketing • Online advertising methods include banner ads, pop-up ads, and e-mail • Offline advertising methods include magazines, newspapers, radio, and television 17
- 18. Electronic Payment Systems Electronic cash (e-cash or digital cash) • Provides a private and secure method of transferring funds • PayPal – Best-known e-cash provider E-cash benefits • Privacy - hides account information from vendors • Convenient if seller cannot process a credit card Smartcards • Credit cards with embedded microchips 18
- 19. Ecommerce Spending Trends At the end of 2008, worldwide e-commerce is expected to exceed $470 brillion. By 2010: - 71% of US consumers will use the Internet to shop - 50% of ALL retail sales will be influenced by the Internet
- 20. Consumer Concerns A recent poll of Americans Found that • 13% had no fears about E-Commerce • 53% had concerns of privacy and security • 20% cited the inability to inspect products closely over the Internet • 3% do not like to wait for delivery
- 21. Limitations Bandwidth or data capacity Comfort Factor Security Privacy
- 22. What factors lead to customer loyalty? Best storefronts are efficient and easy to use Customers who must wait more than eight seconds for a page to download usually will click to another site
- 23. Fun thought… People are more violently opposed to fur than leather because it's safer to harass rich women than motorcycle gangs.