2. What is ecommerce?
E-Commerce (Electronic commerce) is the buying and
selling of goods and services or the transmitting of funds
or data, over an electronic network, primarily internet
These business tractions occur either
B2B
B2C
C2C
3. The consumer browses
the catalog of products
featured on the site and
selects items to purchase.
The selected items are
placed in electronic
equivalent of a shopping
cart & provides a bill and
ship to address for
purchase and delivery.
Process of ecommerce
4. History of Ecommerce
1970
E-Commerce meant the facilitation of commercial
transactions electronically, using technology such as EDI
electronic data interchange and electronic funds transfer
allowing businesses to send commercial documents like
purchase orders or invoices electronically.
5. In 1980,s
Growth and acceptance of credit cards
ATM
Telephone banking
Airline reservation system
In 1990s,
Internet commercialized and users flocked to participate
in the form of dot-com or internet start-ups
6. In 2000s,
Many European and American business companies
offered their services through the world wide web
7. What is traditional commerce
Traditional commerce refers to practice of selling
products and services within a single industry and in
some case, within a specific geographical area.
9. Benefits to consumers
More product and services
Cheaper products and services
Instant delivery
Information availability
Participation in auctions
10. Difference Between E-commerce and
Traditional Commerce
Traditional Commerce
Direct interaction
Traditional commerce is often based
around face to face interaction
o Lower cost
Traditional commerce is not cheaper
than E-Commerce.
Reach
In traditional commerce only you are
restricted to people who actually come
to your shop.
E-Commerce
Direct interaction
Ecommerce des not offer this
benefit
Lower cost
Ecommerce is more cheaper than
maintaining a physical store in an
equall popular location.
Reach
Wide rang of customers we an
reach as compare to traditional
commerce.
11. Traditional Commerce
Credit card fraud
The remote nature of Ecommerce
makes much more difficult to
detect fraud, which means stores
can lose money due to fraud
Telephone communication
Ads: printed,radio, t.v
Payment cash,check
customer takes product home
E-Commerce
Credit card fraud
While there are chance of fraud
but can be minimized by physically
presence of buyer by checking of
ID Cards etc.
E-mail communication
Ads: online, radio, t.v
Payment direct, fund transfer
Delivery home 2-5 days
12. Traditional Commerce
Research& development high
cost
Internet connection is not
required
Marketing high cost outlets,
wholesalers
E-Commerce
R&D lower cost
Internet connection is
required
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