3. • The online selling of or enabling the sale of products or
services to consumers.
• "Fairmate Shoppee" is designed to provide a unique
experience to customers. It focuses to provide easy and
quick solutions.
• It is an "ONLINE PURCHASE" portal for residential or
commercial requirements.
• Fairmate Shoppee recommends the products based on
your problems description and the guidelines to work
with it.
Introduction
5. Online shopping emerged with the
development of the internet.
Entrepreneurs saw the potential in
online shopping and sprung at the
chance to make virtual storefronts, so
that consumers could shop without
leaving their homes.
6.
7. There are over 70,000 new websites put
on the internet every hour.
Internet traffic is doubling every three
months.
Projected annual internet commerce
revenue has grown from $35 billion in
1998 to $1.4 – $3.2 trillion in 2003.
(Taken from CISCO Systems WEB Site)
8. Fraud- Do you know the Company?
Security- Is your credit card safe?
Privacy- Is your information being sold?
Shipping- Are you getting the correct
product at the requested time?
Difficulty- Do you know how to shop
online?
10. Less dependence on intermediaries
-Geographic distribution
-Holdup
-Time to delivery
Marketing
-Target marketing
-Direct customer relationships
-Customer service
11. Differences
-Cannot try or test product before
purchase.
-Minimum human interaction if any.
-Cannot pay by cash.
-Shop anytime online.