E-tailing refers to the use of the internet to sell retail goods and services online. It provides benefits to both customers and businesses, allowing customers to shop conveniently anytime from anywhere, while businesses can reach a global customer base at low costs. Common e-tailing models include general e-stores, specialized e-stores, e-malls, direct selling by manufacturers, and e-brokers. Key components of e-tailing systems include browsing, searching, ordering, payment, delivery, and customer service facilities.
Few basic explanations on E-commerce and Internet Marketing. In the world of technology, the Internet plays an important role. The slides take you to very basic insights of the processes involved.
This document provides an introduction to e-business and e-commerce. It defines e-business as conducting business electronically, including e-commerce as well as other applications like re-engineering processes, e-commerce systems, and enterprise collaboration. E-commerce is defined as a subset of e-business focused on online buying and selling. The document then discusses the history and development of e-business from the 1970s onward, outlines different e-business models and applications, and provides details on concepts like electronic data interchange and business-to-business e-commerce.
This document provides an overview of e-business and e-commerce. It begins by defining e-business as the conduct of business processes on the internet, including buying and selling products, servicing customers, and processing payments. E-commerce is defined as business transactions that take place over telecommunication networks, especially the internet. The document then discusses the history of e-commerce and various e-commerce business models including B2B, B2C, C2C, C2B, B2G, G2B, and G2C. It covers advantages and disadvantages of these models. The document also compares traditional commerce to e-commerce and lists features of e-commerce technology. In closing, it summarizes
In this slide, following topics have been covered in context to E-commerce.
- What is E-commerce?
- Why we need E-commerce?
- Impact of E-commerce
- E-commerce channels
- Top 10 biggest E-commerce companies
- Impact on Market and Retailers
- Advantages of E-commerce
- Disadvantages of E-commerce
- Types of E-commerce
- Future of E-commerce
This document provides an overview of key concepts and applications of e-commerce. It begins by defining electronic commerce and business, describing the history and scope of e-commerce. It then discusses major types of e-commerce like business-to-business (B2B), business-to-consumer (B2C), and e-government. The document also outlines the benefits and limitations of e-commerce, common mechanisms like auctions, and emerging areas such as mobile commerce. It concludes by examining legal and ethical issues in e-commerce.
its a presentation on e commerce which tells about the advantages and disadvantages of e commerce.it also covers the introduction,features and the categories of e commerce with concepts.
This document provides an introduction to electronic business and e-commerce. It defines electronic commerce and electronic business. It describes the unique features of e-commerce, including ubiquity, global reach, universal standards, richness, interactivity, information density, personalization, and social technology. It also discusses e-commerce types, business models, elements of e-business models, internet marketing, benefits and limitations of e-commerce, the e-commerce presence in Bangladesh, and challenges to e-commerce in Bangladesh.
The document discusses electronic commerce (e-commerce) and defines it as the conduct of transactions electronically, such as online purchases. It notes that e-commerce involves technologies like mobile commerce, electronic funds transfer, and online transaction processing. The document also discusses different types of e-commerce models including business-to-consumer, business-to-business, consumer-to-business, and consumer-to-consumer.
Few basic explanations on E-commerce and Internet Marketing. In the world of technology, the Internet plays an important role. The slides take you to very basic insights of the processes involved.
This document provides an introduction to e-business and e-commerce. It defines e-business as conducting business electronically, including e-commerce as well as other applications like re-engineering processes, e-commerce systems, and enterprise collaboration. E-commerce is defined as a subset of e-business focused on online buying and selling. The document then discusses the history and development of e-business from the 1970s onward, outlines different e-business models and applications, and provides details on concepts like electronic data interchange and business-to-business e-commerce.
This document provides an overview of e-business and e-commerce. It begins by defining e-business as the conduct of business processes on the internet, including buying and selling products, servicing customers, and processing payments. E-commerce is defined as business transactions that take place over telecommunication networks, especially the internet. The document then discusses the history of e-commerce and various e-commerce business models including B2B, B2C, C2C, C2B, B2G, G2B, and G2C. It covers advantages and disadvantages of these models. The document also compares traditional commerce to e-commerce and lists features of e-commerce technology. In closing, it summarizes
In this slide, following topics have been covered in context to E-commerce.
- What is E-commerce?
- Why we need E-commerce?
- Impact of E-commerce
- E-commerce channels
- Top 10 biggest E-commerce companies
- Impact on Market and Retailers
- Advantages of E-commerce
- Disadvantages of E-commerce
- Types of E-commerce
- Future of E-commerce
This document provides an overview of key concepts and applications of e-commerce. It begins by defining electronic commerce and business, describing the history and scope of e-commerce. It then discusses major types of e-commerce like business-to-business (B2B), business-to-consumer (B2C), and e-government. The document also outlines the benefits and limitations of e-commerce, common mechanisms like auctions, and emerging areas such as mobile commerce. It concludes by examining legal and ethical issues in e-commerce.
its a presentation on e commerce which tells about the advantages and disadvantages of e commerce.it also covers the introduction,features and the categories of e commerce with concepts.
This document provides an introduction to electronic business and e-commerce. It defines electronic commerce and electronic business. It describes the unique features of e-commerce, including ubiquity, global reach, universal standards, richness, interactivity, information density, personalization, and social technology. It also discusses e-commerce types, business models, elements of e-business models, internet marketing, benefits and limitations of e-commerce, the e-commerce presence in Bangladesh, and challenges to e-commerce in Bangladesh.
The document discusses electronic commerce (e-commerce) and defines it as the conduct of transactions electronically, such as online purchases. It notes that e-commerce involves technologies like mobile commerce, electronic funds transfer, and online transaction processing. The document also discusses different types of e-commerce models including business-to-consumer, business-to-business, consumer-to-business, and consumer-to-consumer.
Even today, some considerable time after the so called ‘Internet revolution’, Electronic Commerce (E-Commerce) remains a relatively new, emerging and constantly changing area of business management and information technology. Speaking in layman’s terms, E-Commerce refers to the entire process of marketing, selling, delivering goods and servicing customers over the Internet. It has revolutionized the way companies do business. Consumers can buy almost anything online 24 hours a day.
In the dynamic world of commerce, the battle of retail vs e-commerce has taken center stage. With the rise of digital technology and shifting consumer behavior, traditional retail, and online shopping have become the titans in a clash that will shape the future of commerce. While retail represents the brick-and-mortar establishments we are familiar with, ecommerce has revolutionized the way we shop by bringing the marketplace to our fingertips. In this article, we will explore the key differences, impacts, and converging strategies of retail and ecommerce, and delve into the ever-evolving landscape of the retail vs e-commerce clash in the digital age.
The document discusses electronic commerce and its applications. It describes how Intel Corporation embraced electronic commerce to enhance customer service and internal business processes. It defines different types of electronic commerce like business-to-business and business-to-consumer. It also discusses the benefits of electronic commerce to organizations, consumers and society. Finally, it describes some technical and non-technical limitations of electronic commerce.
E-commerce involves buying and selling of goods and services over electronic systems like the Internet. The document discusses the process of e-commerce, which includes a consumer browsing a merchant's website, selecting items to purchase, providing address details, receiving an order confirmation, and the merchant forwarding the order for payment processing and fulfillment. It also covers different types of e-commerce like B2B, B2C, C2C and their examples. Advantages include lower costs, improved access, and around-the-clock shopping for consumers.
Top 10 Unique Ecommerce Business Ideas for 2023.pdfFarihaSaddique
The document discusses the future prospects of e-commerce businesses and provides 10 unique e-commerce business ideas that could change the sector in 2023. These ideas include personalized subscription boxes, eco-friendly products, virtual events/experiences, health/wellness tech, a digital services marketplace, niche 3D printed products, rentals/sharing economy, AI-powered personal shopping, localized online marketplaces, and augmented reality shopping. The document emphasizes that embracing innovative concepts will help e-commerce businesses succeed in a competitive industry.
La presentazione del Dott. Mario Bini e della Dott.ssa Virginia Vassallo affronta il tema della digitalizzazione nel mercato Business-to-business, con un focus sull’e-commerce utilizzato per l’export.
This document discusses electronic business (e-business). It defines e-business and outlines various e-business types including B2C, B2B, C2B, and C2C models. It also categorizes different types of e-business such as e-banking, e-auction, e-commerce, e-directories, and others. The document notes advantages and limitations of e-business. Examples of large e-business companies like Amazon, eBay, and Dell are provided. Popular e-business websites including CNET, Mashable, and TechCrunch are also mentioned.
The document discusses various aspects of e-business including e-procurement, e-tourism, e-retailing, e-marketing, e-business models, storefront models, auction models, portal models, bartering models, elements of e-business solutions, e-CRM, e-ERP, e-SCM, e-commerce, e-commerce models, e-auctions, types of e-auctions including English auctions, Dutch auctions, sealed-bid auctions, reverse auctions, first-price sealed-bid auctions, Vickrey auctions, and group buying auctions. It provides definitions and explanations of these key terms related to digital business practices and online transactions.
E-commerce allows businesses to reach more customers globally, lower costs, and provide benefits to customers. Key features of e-commerce include a wide variety of products available, lower costs than traditional retail due to reduced overhead, and convenience for customers to shop anytime from anywhere. Businesses can gain new customers through search engine visibility, lower overall costs by reducing expenses like real estate and personnel, and provide customers advantages like easy product searches, comparison shopping, and deals. E-commerce allows for targeted communication with customers based on their interests and past purchases.
The document discusses various types of e-commerce models, including business-to-consumer, business-to-business, consumer-to-consumer, and others. It defines each model and provides examples. The primary types covered are B2C, B2B, C2C, B2G, C2B, G2C, m-commerce, social commerce, niche e-commerce, cross-border e-commerce, subscription e-commerce, and service e-commerce. The document notes that e-commerce continues to evolve with hybrid models and emerging trends.
The document discusses e-commerce, including:
1) It outlines the history and evolution of commerce from bartering to modern e-commerce with the rise of the internet.
2) It describes different types of e-commerce like B2B, B2C, C2C and discusses impacts on markets like increased competition and downward pressure on inflation.
3) It explores social impacts of e-commerce like improved access to education and opportunities for entrepreneurs as well as benefits to customers like convenient access, lower prices, and ability to easily compare products.
This document provides an overview of e-commerce. It defines e-commerce as buying and selling of products or services over electronic systems like the Internet. Some key points covered include:
- The objectives of e-commerce for companies include choosing between external or self-hosted websites and using e-commerce software or services.
- The advantages of e-commerce are global reach, lower costs of acquiring/serving customers, and disintermediation. The disadvantages include lack of quality guarantees, technical issues, and security risks.
- There are different models of e-commerce including business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C
some information on Discussion an example for your experience about any company conductive e-commerce? you can include any necessary chats, groups, etc. which were harmful or helpful to your experience.
E-commerce in India faces both challenges and opportunities for growth. It provides multiple benefits to consumers like lower prices, more selection, and convenience. However, marketers face challenges like personalization, shipping issues, and currency differences between countries. Consumers worry about refund times, privacy of their data, and trusting online transactions. Despite these challenges, e-commerce in India is growing rapidly due to more internet users and changing consumer preferences. The industry is expected to be worth $17.52 billion by 2018, up from $5.30 billion in 2014. Further research is still needed to address security and privacy concerns surrounding online shopping.
E-commerce refers to business transactions conducted electronically, typically over the Internet. There are several types of e-commerce models including business-to-business (B2B), business-to-consumer (B2C), business-to-employee (B2E), and consumer-to-consumer (C2C). B2B involves transactions between businesses, B2C involves direct sales from businesses to consumers, B2E provides products/services to employees within a company, and C2C allows individuals to buy and sell through online marketplaces like eBay. E-commerce provides advantages like 24/7 access, low costs, and a wide reach for businesses but also disadvantages such as lack of quality guarantees and
This document provides an outline and overview of e-commerce. It defines e-commerce as business conducted electronically over the internet. The outline includes sections on e-commerce features like global reach, richness, and interactivity. It also discusses internet business models, types of e-commerce like B2C and B2B, advantages like low costs and 24/7 access, and disadvantages like quality concerns.
E-commerce refers to conducting business transactions electronically over the internet. It allows organizations to reduce costs and improve quality while increasing speed of delivery. E-commerce involves buying and selling of goods and services online and can benefit organizations through expanded markets, reduced costs, and improved customer service. It benefits consumers by providing more options, quicker delivery, and easier price comparisons. E-commerce also benefits society by reducing traffic, lowering product costs, and improving access to services.
Even today, some considerable time after the so called ‘Internet revolution’, Electronic Commerce (E-Commerce) remains a relatively new, emerging and constantly changing area of business management and information technology. Speaking in layman’s terms, E-Commerce refers to the entire process of marketing, selling, delivering goods and servicing customers over the Internet. It has revolutionized the way companies do business. Consumers can buy almost anything online 24 hours a day.
In the dynamic world of commerce, the battle of retail vs e-commerce has taken center stage. With the rise of digital technology and shifting consumer behavior, traditional retail, and online shopping have become the titans in a clash that will shape the future of commerce. While retail represents the brick-and-mortar establishments we are familiar with, ecommerce has revolutionized the way we shop by bringing the marketplace to our fingertips. In this article, we will explore the key differences, impacts, and converging strategies of retail and ecommerce, and delve into the ever-evolving landscape of the retail vs e-commerce clash in the digital age.
The document discusses electronic commerce and its applications. It describes how Intel Corporation embraced electronic commerce to enhance customer service and internal business processes. It defines different types of electronic commerce like business-to-business and business-to-consumer. It also discusses the benefits of electronic commerce to organizations, consumers and society. Finally, it describes some technical and non-technical limitations of electronic commerce.
E-commerce involves buying and selling of goods and services over electronic systems like the Internet. The document discusses the process of e-commerce, which includes a consumer browsing a merchant's website, selecting items to purchase, providing address details, receiving an order confirmation, and the merchant forwarding the order for payment processing and fulfillment. It also covers different types of e-commerce like B2B, B2C, C2C and their examples. Advantages include lower costs, improved access, and around-the-clock shopping for consumers.
Top 10 Unique Ecommerce Business Ideas for 2023.pdfFarihaSaddique
The document discusses the future prospects of e-commerce businesses and provides 10 unique e-commerce business ideas that could change the sector in 2023. These ideas include personalized subscription boxes, eco-friendly products, virtual events/experiences, health/wellness tech, a digital services marketplace, niche 3D printed products, rentals/sharing economy, AI-powered personal shopping, localized online marketplaces, and augmented reality shopping. The document emphasizes that embracing innovative concepts will help e-commerce businesses succeed in a competitive industry.
La presentazione del Dott. Mario Bini e della Dott.ssa Virginia Vassallo affronta il tema della digitalizzazione nel mercato Business-to-business, con un focus sull’e-commerce utilizzato per l’export.
This document discusses electronic business (e-business). It defines e-business and outlines various e-business types including B2C, B2B, C2B, and C2C models. It also categorizes different types of e-business such as e-banking, e-auction, e-commerce, e-directories, and others. The document notes advantages and limitations of e-business. Examples of large e-business companies like Amazon, eBay, and Dell are provided. Popular e-business websites including CNET, Mashable, and TechCrunch are also mentioned.
The document discusses various aspects of e-business including e-procurement, e-tourism, e-retailing, e-marketing, e-business models, storefront models, auction models, portal models, bartering models, elements of e-business solutions, e-CRM, e-ERP, e-SCM, e-commerce, e-commerce models, e-auctions, types of e-auctions including English auctions, Dutch auctions, sealed-bid auctions, reverse auctions, first-price sealed-bid auctions, Vickrey auctions, and group buying auctions. It provides definitions and explanations of these key terms related to digital business practices and online transactions.
E-commerce allows businesses to reach more customers globally, lower costs, and provide benefits to customers. Key features of e-commerce include a wide variety of products available, lower costs than traditional retail due to reduced overhead, and convenience for customers to shop anytime from anywhere. Businesses can gain new customers through search engine visibility, lower overall costs by reducing expenses like real estate and personnel, and provide customers advantages like easy product searches, comparison shopping, and deals. E-commerce allows for targeted communication with customers based on their interests and past purchases.
The document discusses various types of e-commerce models, including business-to-consumer, business-to-business, consumer-to-consumer, and others. It defines each model and provides examples. The primary types covered are B2C, B2B, C2C, B2G, C2B, G2C, m-commerce, social commerce, niche e-commerce, cross-border e-commerce, subscription e-commerce, and service e-commerce. The document notes that e-commerce continues to evolve with hybrid models and emerging trends.
The document discusses e-commerce, including:
1) It outlines the history and evolution of commerce from bartering to modern e-commerce with the rise of the internet.
2) It describes different types of e-commerce like B2B, B2C, C2C and discusses impacts on markets like increased competition and downward pressure on inflation.
3) It explores social impacts of e-commerce like improved access to education and opportunities for entrepreneurs as well as benefits to customers like convenient access, lower prices, and ability to easily compare products.
This document provides an overview of e-commerce. It defines e-commerce as buying and selling of products or services over electronic systems like the Internet. Some key points covered include:
- The objectives of e-commerce for companies include choosing between external or self-hosted websites and using e-commerce software or services.
- The advantages of e-commerce are global reach, lower costs of acquiring/serving customers, and disintermediation. The disadvantages include lack of quality guarantees, technical issues, and security risks.
- There are different models of e-commerce including business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C
some information on Discussion an example for your experience about any company conductive e-commerce? you can include any necessary chats, groups, etc. which were harmful or helpful to your experience.
E-commerce in India faces both challenges and opportunities for growth. It provides multiple benefits to consumers like lower prices, more selection, and convenience. However, marketers face challenges like personalization, shipping issues, and currency differences between countries. Consumers worry about refund times, privacy of their data, and trusting online transactions. Despite these challenges, e-commerce in India is growing rapidly due to more internet users and changing consumer preferences. The industry is expected to be worth $17.52 billion by 2018, up from $5.30 billion in 2014. Further research is still needed to address security and privacy concerns surrounding online shopping.
E-commerce refers to business transactions conducted electronically, typically over the Internet. There are several types of e-commerce models including business-to-business (B2B), business-to-consumer (B2C), business-to-employee (B2E), and consumer-to-consumer (C2C). B2B involves transactions between businesses, B2C involves direct sales from businesses to consumers, B2E provides products/services to employees within a company, and C2C allows individuals to buy and sell through online marketplaces like eBay. E-commerce provides advantages like 24/7 access, low costs, and a wide reach for businesses but also disadvantages such as lack of quality guarantees and
This document provides an outline and overview of e-commerce. It defines e-commerce as business conducted electronically over the internet. The outline includes sections on e-commerce features like global reach, richness, and interactivity. It also discusses internet business models, types of e-commerce like B2C and B2B, advantages like low costs and 24/7 access, and disadvantages like quality concerns.
E-commerce refers to conducting business transactions electronically over the internet. It allows organizations to reduce costs and improve quality while increasing speed of delivery. E-commerce involves buying and selling of goods and services online and can benefit organizations through expanded markets, reduced costs, and improved customer service. It benefits consumers by providing more options, quicker delivery, and easier price comparisons. E-commerce also benefits society by reducing traffic, lowering product costs, and improving access to services.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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2. Digital Economy & E-
Tailing
E-tailing or Electronic retailing may be defined as use
of internet to sell goods and services online.
E-tailing is the practice of selling retail goods on the
internet. It is the abbreviated version of “electronic
constitutes business to
retailing” which
essentially
consumer transaction.
E-Tailing Models:
1. General e-stores
2. Specialized e-stores
3. e-malls
4. Direct selling by Manufacturer
5. e-broker
6. e-services
7. e-auctions
3. Digital Economy & E-Tailing
(Components)
Basic features of e-tailing systems:
1. Browsing facility
2. Searching facility
3. Method of selecting your purchase
4. Mechanism for creating and submitting an
order
5. Secure e-payment facility
6. Mechanism for customer service and feedback
7. Product delivery
4. Digital Economy & E-Tailing
(Usage)
Sectors using e-tailing:
1. Electronics
2. Computer and
Peripherals
3. Toys and Games
4. Travel & Tourism
5. Hospitality
6. Real Estate
7. Employment
8. Placement
5. Digital Economy & E-Tailing
(Types)
TYPES OF E-TAILERS
o Pure Play E-Tailers
o Bricks and Clicks E-
Tailers
6. Digital Economy & E-Tailing
(Types)
TYPES OF E-TAILERS
o Pure Play E-Tailers
o Bricks and Clicks E-Tailers
Pure Play E-Tailers
A pure play e-tailer uses the Internet as its primary means of
retailing. Some of the pure play e-tailersare Buy.com,
Amazon.com, etc.
7. Digital Economy & E-Tailing
(Types)
TYPES OF E-TAILERS
o Pure Play E-Tailers
o Bricks and Clicks E-Tailers
Pure Play E-Tailers
A pure play e-tailer uses the Internet as its primarymeans of
retailing. Some of the pure play e-tailersare Buy.com,
Amazon.com, etc.
BRICKS AND CLICKS E-TAILERS
A brick and click e-tailer uses the Internet to push its goods or service
but also has the traditional physical store front available to customers.
Combining this new type of retail and the old of a general store is a
new type of store which is part of the green economics movement,
promoting ethical consumerism.
8. Digital Economy & E-Tailing
(Benefits)
Benefits of e-tailing ( to
customers):
1. Convenience
2. Better information
3. Competitive pricing
4. Customization
5. Shopping anywhere, anytime
6. Selection (wide range)
9. Digital Economy & E-Tailing
(Benefits)
Benefits of e-tailing ( to
customers):
1. Convenience
2. Better information
3. Competitive pricing
4. Customization
5. Shopping anywhere, anytime
6. Selection (wide range)
Benefits of e-tailing ( to business):
1. Global reach:
2. Better customer service
3. Low capital cost
4. Mass customization
5. Targeted marketing
6. More value added services
10. Digital Economy & E-Tailing (Trade-
offs)
Advantages of E-Tailing:
1. Saves time and efforts
2. Convenience of shopping at home
3. Wide variety / range of products are
available
4. Good discounts / lower prices
5. Get detailed information of the product
6. Able to compare various models / brands
11. Digital Economy & E-Tailing (Trade-
offs)
Advantages of E-Tailing:
1. Saves time and efforts
2. Convenience of shopping at home
3. Wide variety / range of products are available
4. Good discounts / lower prices
5. Get detailed information of the product
6. Able to compare various models / brands
Disadvantages of E-Tailing :
1. Not sure of product quality
2. Cannot bargain/ Negotiate
3. Not sure of security of transactions / Credit card
misuse
4. Need to touch and feel the product
5. Significant discounts are not there
6. Have to wait for delivery
12. Digital Economy & E-Tailing
(Remarks)
The e-retail revolution has come up with huge
opportunities and advantages both for the marketer as
well as the consumer.
The consumer can now shop 24x7from his home and
at his convenience. He can search fora product from
a hoard of online shops and deals available.
According to an IMRB study, it states that shopping
convenience, time saving and the availability of a wide
range of products were the three major triggers of the
e-tailing market.
13. Digital Economy & E-
ReTailing
Retailing is the process of selling products or services
to consumers for their non-business use (Product and
value satisfaction is essential).
E-retailing is a B2C business model that executes a
transaction between businessman and final customer
Application of E-ReTailing :
1. Shopping through the Internet and other media
forms.
2. Anything anywhere at the click of a button.
3. Anything anywhere refers to products and services
4. Commonly known as e-tailing, electronic retailing
14. Digital Economy & E-ReTailing
(Classes)
Classification by Distribution Channel:
1. Mail-order retailers that go online
2. Direct marketing from
manufacturers
3. Pure-play e-tailers
4. Click-and-mortar retailers
5. Internet (online) malls
15. Digital Economy & E-ReTailing
(Classes)
Classification by Distribution Channel:
1. Mail-order retailers that go online
2. Direct marketing from
manufacturers
3. Pure-play e-tailers
4. Click-and-mortar retailers
5. Internet (online) malls
16. Digital Economy & E-ReTailing
(Model)
Direct Sales by Manufacturers:
o Sellers can understand their markets better because
of the direct connection to consumers
o Consumers
gain
greater
their direct connection to
information about the
the
products through
manufacturers.
17. Digital Economy & E-ReTailing
(Model)
Virtual e-tailers
Firms that sell directly to consumers over the Internet
without maintaining a physical sales Channel.
o Low overhead costs,
o General purpose or specialized
Click-and-Mortar retailers
Brick-and-mortar retailers that offer a transactional
Web site from which to conduct business.
o Sells in stores, via phones, over the Internet, mobile
devices
18. Digital Economy & E-ReTailing
(Model)
Retailing in Online Malls
o Referring Directories
o Malls with Shared
Services
Representative B2C
Services
o Postal Services
o Services and Products
o Wedding Channels
o Gift Registries
19. Digital Economy & E-ReTailing
(Success)
Characteristics of Successful E-Tailing:
1. High brand recognition
2. A guarantee provided by highly reliable or well-
3. known vendors
4. Digitized format
5. Relatively inexpensive items
6. Frequently purchased items
7. Commodities with standard specifications
8. Well-known packaged items that cannot be opened even in a
traditional store
20. Digital Economy & E-ReTailing
(Structure)
Elements of e-retailing:
o Combining new technologies with elements of traditional
stores and direct mail models.
o Using new technologies to replace these elements.
o e-mail messages for communication.
o Transactions on on-line catalogues can replace printed
catalogues.
21. Digital Economy & E-ReTailing
(AIDA)
AIDA is a direct mail marketing
acronym:
o Attention - grab the visitor’s attention.
o Interest - pique their interest in your product or
site.
o Desire - build desire for the product.
o Action - Get them to follow a call to action.
22. Digital Economy & E-ReTailing
(4C/4P)
The 4 C’s (4 P’s) used in e-retailing
are:
o Convenience to the customer (Place)
o Customer value and Benefits
(Products)
o Cost to Consumer (Price)
o Communication (Promotion)
23. Digital Economy & E-ReTailing
(retailers)
Characteristics of an e-retailer:
o Entrepreneurial spirit
o Careful business planning and willing to take
risks
o Need for achievementFirst mover advantage
o Competitive advantage - Price and Service
features
o Get fulfillment and customer service right
to your
o Explain the interactivity of the internet
customers
o Explore opportunities for new revenue
streams
24. Digital Economy & E-ReTailing
(Rules)
Do’s in e-retailing:
o Make it easy to buy
o Provide Good service and aftercare
o Membership incentives
o Human communication, chat rooms and bulletin
boards
o Make e-shopping an enjoyable experience
25. Digital Economy & E-ReTailing
(Benefits)
Benefits of e-retail (seller):
o Increased sales opportunities and decreased
o transaction costs
o Ability to operate 24/7
o Ability to reach narrow market segments
o Increased speed and accuracy of information
exchange
o Ability to maintain strong customer relationships
o
26. Digital Economy & E-ReTailing
(Benefits)
Benefits of e-retail (buyer):
o Wider product availability
o wider buying options
o Ability to shop 24/7 and easy comparison
shopping
o Quick delivery of digital products
o Ability to create a one-on-one relationship
27. Digital Economy & E-ReTailing
(Barriers)
Bottlenecks of e-retailing:
o Problems maintaining security and reliability
o Global market issues of language, currency etc.
o Increased instances of failure to pay or fraud
o Inability to touch and feel products before
purchase
o Complicated legal environment
28. Digital Economy & E-ReTailing
(Remark)
Customers keep coming back only if earlier
shopping experiences have been pleasant and successful.
In this intricate business world, the e-retailing will
become
tremendous business strategic concept.
Most profitable method of business process in coming
decade to the textile and garment industries