E-commerce involves the buying and selling of products or services over the Internet. It allows transactions to occur without barriers of distance or time. There are several types of e-commerce including business-to-business, business-to-consumer, and customer-to-customer. E-commerce provides benefits like lower costs, improved sales, and easy business management, but also poses risks such as security issues and lack of human contact. The Indian e-commerce industry is growing rapidly due to increasing internet usage and government initiatives to promote digital transactions. E-commerce is expected to significantly contribute to India's GDP and overall economy in the coming years.
Barriers to Electronic Commerce Adoption in Small and Medium Enterprises in I...Shakir Ali
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of ecommerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises are yet to benefit from adopting e-commerce. This paper reflects on the barriers that the small and medium enterprises face in India in process of adoption of ecommerce. It analyses both the external and internal factors that affect the adoption of e-commerce.
E-commerce or Electronic commerce, is the purchasing, selling and exchanging of goods and services over computer network. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business
Barriers to Electronic Commerce Adoption in Small and Medium Enterprises in I...Shakir Ali
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of ecommerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises are yet to benefit from adopting e-commerce. This paper reflects on the barriers that the small and medium enterprises face in India in process of adoption of ecommerce. It analyses both the external and internal factors that affect the adoption of e-commerce.
E-commerce or Electronic commerce, is the purchasing, selling and exchanging of goods and services over computer network. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business
India’s success in the digital economy - Some lessons for the SouthAlwyn Didar Singh
As a symbol of globalisation and in many ways its leading feature, e-commerce also represents one of its distinguishing characteristics, i.e. where the extension of the international division of labour goes beyond international trade to geographic enclaves in different stages of the production chain6. The development of the software industry in India, and especially its initial concentration in Bangalore, represents this very unique feature of the new digital economy. It illustrates the impact of global value adding networks and supply chains as well as local development and growth – now beginning to occur at multiple levels
Abstract:
E-commerce stands for electronic commerce. E-commerce is doing business online and electronically. This paper attempts to highlight the different challenges faced by e-commerce in India and to understand the essential growth factors required for e-commerce. This paper describes the different services and opportunities offered by E-commerce to business, Producers, Distributers and Customers.
Keywords: - E-commerce, Challenges, Growth Factors.
Hasil penelitian (Economic Impact Study) terbaru oleh Google dan Deloitte Access Economics yang berisi temuan dan rekomendasi penting yang bermanfaat bagi pelaku bisnis dan pembuat kebijakan.
This presentation is all about e-commerce business and its advancements. Types of e-commerce business models and why e-commerce is needed and its pros and cons.
Presentation on Last 10 years and current scenario in E-commerce Sector of India and its Future (as of 2016). Presentation speaks about areas which are still to be explored by Indian E-Commerce
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The Journal will bring together leading researchers, engineers and scientists in the domain of interest from around the world. Topics of interest for submission include, but are not limited to
In this paper, we will discuss in detail the SWOT analysis of E-Commerce, which will include concepts of
strengths, weaknesses, opportunities, and threats that the E-Commerce industry faces in the current situation
India’s success in the digital economy - Some lessons for the SouthAlwyn Didar Singh
As a symbol of globalisation and in many ways its leading feature, e-commerce also represents one of its distinguishing characteristics, i.e. where the extension of the international division of labour goes beyond international trade to geographic enclaves in different stages of the production chain6. The development of the software industry in India, and especially its initial concentration in Bangalore, represents this very unique feature of the new digital economy. It illustrates the impact of global value adding networks and supply chains as well as local development and growth – now beginning to occur at multiple levels
Abstract:
E-commerce stands for electronic commerce. E-commerce is doing business online and electronically. This paper attempts to highlight the different challenges faced by e-commerce in India and to understand the essential growth factors required for e-commerce. This paper describes the different services and opportunities offered by E-commerce to business, Producers, Distributers and Customers.
Keywords: - E-commerce, Challenges, Growth Factors.
Hasil penelitian (Economic Impact Study) terbaru oleh Google dan Deloitte Access Economics yang berisi temuan dan rekomendasi penting yang bermanfaat bagi pelaku bisnis dan pembuat kebijakan.
This presentation is all about e-commerce business and its advancements. Types of e-commerce business models and why e-commerce is needed and its pros and cons.
Presentation on Last 10 years and current scenario in E-commerce Sector of India and its Future (as of 2016). Presentation speaks about areas which are still to be explored by Indian E-Commerce
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
The Journal will bring together leading researchers, engineers and scientists in the domain of interest from around the world. Topics of interest for submission include, but are not limited to
In this paper, we will discuss in detail the SWOT analysis of E-Commerce, which will include concepts of
strengths, weaknesses, opportunities, and threats that the E-Commerce industry faces in the current situation
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2. WHAT IS E-COMMERCE?
E - Commerce means Electronic Commerce.
It Is the activity of buying and selling of products &
services online or over the Internet.
We can say, E-Commerce is somehow transmitting
of funds or data over an electronic network ,
Internet.
It allows people to do business with no barriers of
distance and time.
4. FEATURES OF E-COMMERCE
The key points are:
1. Non Cash Payments
2. 24x7 Service Availability
3. Advertising / Marketing
4. Improved Sales
5. Support
6. Inventory Management
7. Communication Improvement
5. TYPES OF E-COMMERCE
1. Business –to-Business(B2B)
2. Business-to-Customer(B2C)
3. Customer-to-Customer(C2C)
4. Customer-to-Business(C2B)
5. Business-to-
Administration(B2A)
6. Customer-to-
Administration(C2A)
6. PROS & CONS OF E-COMMERCE
I.
III.
Pros:
Faster Buying and
Selling of Products.
II. Low Operational costs
and better quality of
services.
Does not require much
physical space
IV. A bigger rangeof
Customer reach
V. Easy to start an manage
business
VI. Advertising done well on
the web can get even a
small firm’s
Cons:
I. Lack of Human contact
II. Security Issues
III. No guarantee on product
quality
IV. Customer relation
problems
V. Designing and keeping
website up-to-date may
be very expensive for the
firm
VI. The company may have
to pay returns for the
goods when it is not as
per the need of customer.
7. GROWTH OF E-COMMERCE IN INDIA
E-Commerce in India is still nascent, but it is
important for developing country like India.
The opportunities of e-commerce players are many
rapid urbanization and also a rapid growth in use of
Internet by people over the India.
E-Commerce is probably a great thing that has
happened to the Indian middle class and emerging
small businesses.
factors contributing for the growth of Ecommerce
are:
1.niche markets in online trading
2. Unmatched FDI
3. Uniform GST
8.
9. Government Initiatives towards the growth of E-
Commerce in India
•The role of Government in increasing growth of e-commerce is very
important plays a huge role in the growth of Indian Economy.
•Since 2014, Government of India has announced various initiativessuch
as
•Digital India
•Make In India
•Start up India
•Skill India
•Innovation Fund
10. IMPACT OF E-COMMERCE ON INDIAN
ECONOMY
E-COMMERCE – A HEAVEN for Indian Economy.
E-Commerce industry in India is growing rapidly
and is expected to contribute 1.61% of global GDP
by 2018.
14. •According surveys & research, role of demonetization or
cashless economy in India has increased significantly.
•So, the role of Internet also likewise other such government
policies have also had a major impact.
•There is significant need of increasing the literacy rate
and also spread awareness among rural people in India
about cashless economy.
CONCLUSION