Electronic commerce (ecommerce) is a type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet
2. Content
• What is Commerce?
• What is E-commerce?
• Why Use E-commerce?
• Types of E-commerce.
• Pros & Cons of E-commerce
• Future of E-commerce in India.
3. What is Commerce?
• Commerce is a division of trade or production which deals with the
exchange of goods and services from producer to final consumer.
• It Comprises the trading of something of economic value such as goods,
services, information or money between two or more entities.
4. What is E-commerce?
• Commonly known as Electronic Marketing.
• “Its consist of buying and selling goods and services over an electronic
systems Such as the Internet and other computer networks.”
• E-commerce is the purchasing, selling and exchanging goods and services
over computer network (Internet) through with transactions or terms of
sales are performed Electronically.
5. Why Use E-commerce?
• Low Entry Cost.
• Reduced Transaction Costs.
• Access To The Global Market.
• Secure Market Share.
8. PROS
• No checkout queues.
• Reduce Prices.
• You can show anywhere in the world.
• Essay access 24 hours a day.
• Wide selection to cater for all consumers.
9. CONS
• Unable to examine products personally.
• Not everyone is connected to Internet.
• There is the possibility of credit cards number theft.
• On average only 1/9th of the Stock is available on the net.
10. Future of E-commerce in India
• According to business world estimate near about 60k new Jobs will be
created for the internet world alone in the next 2 yrs.
• eBay said that consumers were trading goods worth almost 3crore rupee
everyday, across the globe.