Entrepreneurship and Commerce in IT - 07 - Introduction to E-Commerce I - e-c...Sachintha Gunasena
This series in about the Entrepreneurial and E-Commerce opportunities and how to harness the power of Information Technology to improve or revolutionize business.
This session discusses about the difference between e-commerce and e-business, unique features of e-commerce technology, types of e-commerce, and types of e-business.
Entrepreneurship and Commerce in IT - 07 - Introduction to E-Commerce I - e-c...Sachintha Gunasena
This series in about the Entrepreneurial and E-Commerce opportunities and how to harness the power of Information Technology to improve or revolutionize business.
This session discusses about the difference between e-commerce and e-business, unique features of e-commerce technology, types of e-commerce, and types of e-business.
The contents include introduction of commerce, traditional commerce and e-commerce, features and success factors of e-commerce, benefits and limitations of e-commerce, types of e-commerce and terminologies used in e-commerce.
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
Learning about models of E-Business is made easy through this presentation. It contains the comprehensive information about models of E-Business. It helps the students to learn the concepts quickly with the help of examples. The models are presented with crisp explanation.
There are three main stages in retail life. these: -
• Innovation (introduction)
• Trade
• Vulnerability.
During the go-to-market phase, new retailers are emerging with attractive new pricing, limited stock, Spartan stores and limited services.
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
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Similar to KMBN 207 E-Commerce[1] [ReaJd-Only].pptx
The contents include introduction of commerce, traditional commerce and e-commerce, features and success factors of e-commerce, benefits and limitations of e-commerce, types of e-commerce and terminologies used in e-commerce.
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
Learning about models of E-Business is made easy through this presentation. It contains the comprehensive information about models of E-Business. It helps the students to learn the concepts quickly with the help of examples. The models are presented with crisp explanation.
There are three main stages in retail life. these: -
• Innovation (introduction)
• Trade
• Vulnerability.
During the go-to-market phase, new retailers are emerging with attractive new pricing, limited stock, Spartan stores and limited services.
In the vast landscape of cinema, stories have been told, retold, and reimagined in countless ways. At the heart of this narrative evolution lies the concept of a "remake". A successful remake allows us to revisit cherished tales through a fresh lens, often reflecting a different era's perspective or harnessing the power of advanced technology. Yet, the question remains, what makes a remake successful? Today, we will delve deeper into this subject, identifying the key ingredients that contribute to the success of a remake.
Hollywood Actress - The 250 hottest galleryZsolt Nemeth
Hollywood Actress amazon album eminent worldwide media, female-singer, actresses, alhletina-woman, 250 collection.
Highest and photoreal-print exclusive testament PC collage.
Focused television virtuality crime, novel.
The sheer afterlife of the work is activism-like hollywood-actresses point com.
173 Illustrate, 250 gallery, 154 blog, 120 TV serie logo, 17 TV president logo, 183 active hyperlink.
HD AI face enhancement 384 page plus Bowker ISBN, Congress LLCL or US Copyright.
Maximizing Your Streaming Experience with XCIPTV- Tips for 2024.pdfXtreame HDTV
In today’s digital age, streaming services have become an integral part of our entertainment lives. Among the myriad of options available, XCIPTV stands out as a premier choice for those seeking seamless, high-quality streaming. This comprehensive guide will delve into the features, benefits, and user experience of XCIPTV, illustrating why it is a top contender in the IPTV industry.
Skeem Saam in June 2024 available on ForumIsaac More
Monday, June 3, 2024 - Episode 241: Sergeant Rathebe nabs a top scammer in Turfloop. Meikie is furious at her uncle's reaction to the truth about Ntswaki.
Tuesday, June 4, 2024 - Episode 242: Babeile uncovers the truth behind Rathebe’s latest actions. Leeto's announcement shocks his employees, and Ntswaki’s ordeal haunts her family.
Wednesday, June 5, 2024 - Episode 243: Rathebe blocks Babeile from investigating further. Melita warns Eunice to stay clear of Mr. Kgomo.
Thursday, June 6, 2024 - Episode 244: Tbose surrenders to the police while an intruder meddles in his affairs. Rathebe's secret mission faces a setback.
Friday, June 7, 2024 - Episode 245: Rathebe’s antics reach Kganyago. Tbose dodges a bullet, but a nightmare looms. Mr. Kgomo accuses Melita of witchcraft.
Monday, June 10, 2024 - Episode 246: Ntswaki struggles on her first day back at school. Babeile is stunned by Rathebe’s romance with Bullet Mabuza.
Tuesday, June 11, 2024 - Episode 247: An unexpected turn halts Rathebe’s investigation. The press discovers Mr. Kgomo’s affair with a young employee.
Wednesday, June 12, 2024 - Episode 248: Rathebe chases a criminal, resorting to gunfire. Turf High is rife with tension and transfer threats.
Thursday, June 13, 2024 - Episode 249: Rathebe traps Kganyago. John warns Toby to stop harassing Ntswaki.
Friday, June 14, 2024 - Episode 250: Babeile is cleared to investigate Rathebe. Melita gains Mr. Kgomo’s trust, and Jacobeth devises a financial solution.
Monday, June 17, 2024 - Episode 251: Rathebe feels the pressure as Babeile closes in. Mr. Kgomo and Eunice clash. Jacobeth risks her safety in pursuit of Kganyago.
Tuesday, June 18, 2024 - Episode 252: Bullet Mabuza retaliates against Jacobeth. Pitsi inadvertently reveals his parents’ plans. Nkosi is shocked by Khwezi’s decision on LJ’s future.
Wednesday, June 19, 2024 - Episode 253: Jacobeth is ensnared in deceit. Evelyn is stressed over Toby’s case, and Letetswe reveals shocking academic results.
Thursday, June 20, 2024 - Episode 254: Elizabeth learns Jacobeth is in Mpumalanga. Kganyago's past is exposed, and Lehasa discovers his son is in KZN.
Friday, June 21, 2024 - Episode 255: Elizabeth confirms Jacobeth’s dubious activities in Mpumalanga. Rathebe lies about her relationship with Bullet, and Jacobeth faces theft accusations.
Monday, June 24, 2024 - Episode 256: Rathebe spies on Kganyago. Lehasa plans to retrieve his son from KZN, fearing what awaits.
Tuesday, June 25, 2024 - Episode 257: MaNtuli fears for Kwaito’s safety in Mpumalanga. Mr. Kgomo and Melita reconcile.
Wednesday, June 26, 2024 - Episode 258: Kganyago makes a bold escape. Elizabeth receives a shocking message from Kwaito. Mrs. Khoza defends her husband against scam accusations.
Thursday, June 27, 2024 - Episode 259: Babeile's skillful arrest changes the game. Tbose and Kwaito face a hostage crisis.
Friday, June 28, 2024 - Episode 260: Two women face the reality of being scammed. Turf is rocked by breaking
Meet Dinah Mattingly – Larry Bird’s Partner in Life and Loveget joys
Get an intimate look at Dinah Mattingly’s life alongside NBA icon Larry Bird. From their humble beginnings to their life today, discover the love and partnership that have defined their relationship.
Meet Crazyjamjam - A TikTok Sensation | Blog EternalBlog Eternal
Crazyjamjam, the TikTok star everyone's talking about! Uncover her secrets to success, viral trends, and more in this exclusive feature on Blog Eternal.
Source: https://blogeternal.com/celebrity/crazyjamjam-leaks/
240529_Teleprotection Global Market Report 2024.pdfMadhura TBRC
The teleprotection market size has grown
exponentially in recent years. It will grow from
$21.92 billion in 2023 to $28.11 billion in 2024 at a
compound annual growth rate (CAGR) of 28.2%. The
teleprotection market size is expected to see
exponential growth in the next few years. It will grow
to $70.77 billion in 2028 at a compound annual
growth rate (CAGR) of 26.0%.
Experience the thrill of Progressive Puzzle Adventures, like Scavenger Hunt Games and Escape Room Activities combined Solve Treasure Hunt Puzzles online.
As a film director, I have always been awestruck by the magic of animation. Animation, a medium once considered solely for the amusement of children, has undergone a significant transformation over the years. Its evolution from a rudimentary form of entertainment to a sophisticated form of storytelling has stirred my creativity and expanded my vision, offering limitless possibilities in the realm of cinematic storytelling.
Young Tom Selleck: A Journey Through His Early Years and Rise to Stardomgreendigital
Introduction
When one thinks of Hollywood legends, Tom Selleck is a name that comes to mind. Known for his charming smile, rugged good looks. and the iconic mustache that has become synonymous with his persona. Tom Selleck has had a prolific career spanning decades. But, the journey of young Tom Selleck, from his early years to becoming a household name. is a story filled with determination, talent, and a touch of luck. This article delves into young Tom Selleck's life, background, early struggles. and pivotal moments that led to his rise in Hollywood.
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Early Life and Background
Family Roots and Childhood
Thomas William Selleck was born in Detroit, Michigan, on January 29, 1945. He was the second of four children in a close-knit family. His father, Robert Dean Selleck, was a real estate investor and executive. while his mother, Martha Selleck, was a homemaker. The Selleck family relocated to Sherman Oaks, California. when Tom was a child, setting the stage for his future in the entertainment industry.
Education and Early Interests
Growing up, young Tom Selleck was an active and athletic child. He attended Grant High School in Van Nuys, California. where he excelled in sports, particularly basketball. His tall and athletic build made him a standout player, and he earned a basketball scholarship to the University of Southern California (U.S.C.). While at U.S.C., Selleck studied business administration. but his interests shifted toward acting.
Discovery of Acting Passion
Tom Selleck's journey into acting was serendipitous. During his time at U.S.C., a drama coach encouraged him to try acting. This nudge led him to join the Hills Playhouse, where he began honing his craft. Transitioning from an aspiring athlete to an actor took time. but young Tom Selleck became drawn to the performance world.
Early Career Struggles
Breaking Into the Industry
The path to stardom was a challenging one for young Tom Selleck. Like many aspiring actors, he faced many rejections and struggled to find steady work. A series of minor roles and guest appearances on television shows marked his early career. In 1965, he debuted on the syndicated show "The Dating Game." which gave him some exposure but did not lead to immediate success.
The Commercial Breakthrough
During the late 1960s and early 1970s, Selleck began appearing in television commercials. His rugged good looks and charismatic presence made him a popular brand choice. He starred in advertisements for Pepsi-Cola, Revlon, and Close-Up toothpaste. These commercials provided financial stability and helped him gain visibility in the industry.
Struggling Actor in Hollywood
Despite his success in commercials. breaking into large acting roles remained a challenge for young Tom Selleck. He auditioned and took on small parts in T.V. shows and movies. Some of his early television appearances included roles in popular series like Lancer, The F.B.I., and Bracken's World. But, it would take a
Tom Selleck Net Worth: A Comprehensive Analysisgreendigital
Over several decades, Tom Selleck, a name synonymous with charisma. From his iconic role as Thomas Magnum in the television series "Magnum, P.I." to his enduring presence in "Blue Bloods," Selleck has captivated audiences with his versatility and charm. As a result, "Tom Selleck net worth" has become a topic of great interest among fans. and financial enthusiasts alike. This article delves deep into Tom Selleck's wealth, exploring his career, assets, endorsements. and business ventures that contribute to his impressive economic standing.
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Early Life and Career Beginnings
The Foundation of Tom Selleck's Wealth
Born on January 29, 1945, in Detroit, Michigan, Tom Selleck grew up in Sherman Oaks, California. His journey towards building a large net worth began with humble origins. , Selleck pursued a business administration degree at the University of Southern California (USC) on a basketball scholarship. But, his interest shifted towards acting. leading him to study at the Hills Playhouse under Milton Katselas.
Minor roles in television and films marked Selleck's early career. He appeared in commercials and took on small parts in T.V. series such as "The Dating Game" and "Lancer." These initial steps, although modest. laid the groundwork for his future success and the growth of Tom Selleck net worth. Breakthrough with "Magnum, P.I."
The Role that Defined Tom Selleck's Career
Tom Selleck's breakthrough came with the role of Thomas Magnum in the CBS television series "Magnum, P.I." (1980-1988). This role made him a household name and boosted his net worth. The series' popularity resulted in Selleck earning large salaries. leading to financial stability and increased recognition in Hollywood.
"Magnum P.I." garnered high ratings and critical acclaim during its run. Selleck's portrayal of the charming and resourceful private investigator resonated with audiences. making him one of the most beloved television actors of the 1980s. The success of "Magnum P.I." played a pivotal role in shaping Tom Selleck net worth, establishing him as a major star.
Film Career and Diversification
Expanding Tom Selleck's Financial Portfolio
While "Magnum, P.I." was a cornerstone of Selleck's career, he did not limit himself to television. He ventured into films, further enhancing Tom Selleck net worth. His filmography includes notable movies such as "Three Men and a Baby" (1987). which became the highest-grossing film of the year, and its sequel, "Three Men and a Little Lady" (1990). These box office successes contributed to his wealth.
Selleck's versatility allowed him to transition between genres. from comedies like "Mr. Baseball" (1992) to westerns such as "Quigley Down Under" (1990). This diversification showcased his acting range. and provided many income streams, reinforcing Tom Selleck net worth.
Television Resurgence with "Blue Bloods"
Sustaining Wealth through Consistent Success
In 2010, Tom Selleck began starring as Frank Reagan i
Scandal! Teasers June 2024 on etv Forum.co.zaIsaac More
Monday, 3 June 2024
Episode 47
A friend is compelled to expose a manipulative scheme to prevent another from making a grave mistake. In a frantic bid to save Jojo, Phakamile agrees to a meeting that unbeknownst to her, will seal her fate.
Tuesday, 4 June 2024
Episode 48
A mother, with her son's best interests at heart, finds him unready to heed her advice. Motshabi finds herself in an unmanageable situation, sinking fast like in quicksand.
Wednesday, 5 June 2024
Episode 49
A woman fabricates a diabolical lie to cover up an indiscretion. Overwhelmed by guilt, she makes a spontaneous confession that could be devastating to another heart.
Thursday, 6 June 2024
Episode 50
Linda unwittingly discloses damning information. Nhlamulo and Vuvu try to guide their friend towards the right decision.
Friday, 7 June 2024
Episode 51
Jojo's life continues to spiral out of control. Dintle weaves a web of lies to conceal that she is not as successful as everyone believes.
Monday, 10 June 2024
Episode 52
A heated confrontation between lovers leads to a devastating admission of guilt. Dintle's desperation takes a new turn, leaving her with dwindling options.
Tuesday, 11 June 2024
Episode 53
Unable to resort to violence, Taps issues a verbal threat, leaving Mdala unsettled. A sister must explain her life choices to regain her brother's trust.
Wednesday, 12 June 2024
Episode 54
Winnie makes a very troubling discovery. Taps follows through on his threat, leaving a woman reeling. Layla, oblivious to the truth, offers an incentive.
Thursday, 13 June 2024
Episode 55
A nosy relative arrives just in time to thwart a man's fatal decision. Dintle manipulates Khanyi to tug at Mo's heartstrings and get what she wants.
Friday, 14 June 2024
Episode 56
Tlhogi is shocked by Mdala's reaction following the revelation of their indiscretion. Jojo is in disbelief when the punishment for his crime is revealed.
Monday, 17 June 2024
Episode 57
A woman reprimands another to stay in her lane, leading to a damning revelation. A man decides to leave his broken life behind.
Tuesday, 18 June 2024
Episode 58
Nhlamulo learns that due to his actions, his worst fears have come true. Caiphus' extravagant promises to suppliers get him into trouble with Ndu.
Wednesday, 19 June 2024
Episode 59
A woman manages to kill two birds with one stone. Business doom looms over Chillax. A sobering incident makes a woman realize how far she's fallen.
Thursday, 20 June 2024
Episode 60
Taps' offer to help Nhlamulo comes with hidden motives. Caiphus' new ideas for Chillax have MaHilda excited. A blast from the past recognizes Dintle, not for her newfound fame.
Friday, 21 June 2024
Episode 61
Taps is hungry for revenge and finds a rope to hang Mdala with. Chillax's new job opportunity elicits mixed reactions from the public. Roommates' initial meeting starts off on the wrong foot.
Monday, 24 June 2024
Episode 62
Taps seizes new information and recruits someone on the inside. Mary's new job
Panchayat Season 3 - Official Trailer.pdfSuleman Rana
The dearest series "Panchayat" is set to make a victorious return with its third season, and the fervor is discernible. The authority trailer, delivered on May 28, guarantees one more enamoring venture through the country heartland of India.
Jitendra Kumar keeps on sparkling as Abhishek Tripathi, the city-reared engineer who ends up functioning as the secretary of the Panchayat office in the curious town of Phulera. His nuanced depiction of a young fellow exploring the difficulties of country life while endeavoring to adjust to his new environmental factors has earned far and wide recognition.
Neena Gupta and Raghubir Yadav return as Manju Devi and Brij Bhushan Dubey, separately. Their dynamic science and immaculate acting rejuvenate the hardships of town administration. Gupta's depiction of the town Pradhan with an ever-evolving outlook, matched with Yadav's carefully prepared exhibition, adds profundity and credibility to the story.
New Difficulties and Experiences
The trailer indicates new difficulties anticipating the characters, as Abhishek keeps on wrestling with his part in the town and his yearnings for a superior future. The series has reliably offset humor with social editorial, and Season 3 looks ready to dig much more profound into the intricacies of rustic organization and self-awareness.
Watchers can hope to see a greater amount of the enchanting and particular residents who have become fan top picks. Their connections and the one of a kind cut of-life situations give a reviving and interesting portrayal of provincial India, featuring the two its appeal and its difficulties.
A Mix of Humor and Heart
One of the signs of "Panchayat" is its capacity to mix humor with sincere narrating. The trailer features minutes that guarantee to convey giggles, as well as scenes that pull at the heartstrings. This equilibrium has been a critical calculate the show's prosperity, resounding with crowds across different socioeconomics.
Creation Greatness
The creation quality remaining parts first rate, with the beautiful setting of Phulera town filling in as a scenery that upgrades the narrating. The meticulousness in portraying provincial life, joined with sharp composition and solid exhibitions, guarantees that "Panchayat" keeps on hanging out in the packed web series scene.
Expectation and Delivery
As the delivery date draws near, expectation for "Panchayat" Season 3 is at a record-breaking high. The authority trailer has previously created critical buzz, with fans enthusiastically anticipating the continuation of Abhishek Tripathi's excursion and the new undertakings that lie ahead in Phulera.
All in all, the authority trailer for "Panchayat" Season 3 recommends that watchers are in for another drawing in and engaging ride. Yet again with its charming characters, convincing story, and ideal mix of humor and show, the new season is set to enamor crowds. Write in your schedules and prepare to get back to the endearing universe of "Panchayat."
From Slave to Scourge: The Existential Choice of Django Unchained. The Philos...Rodney Thomas Jr
#SSAPhilosophy #DjangoUnchained #DjangoFreeman #ExistentialPhilosophy #Freedom #Identity #Justice #Courage #Rebellion #Transformation
Welcome to SSA Philosophy, your ultimate destination for diving deep into the profound philosophies of iconic characters from video games, movies, and TV shows. In this episode, we explore the powerful journey and existential philosophy of Django Freeman from Quentin Tarantino’s masterful film, "Django Unchained," in our video titled, "From Slave to Scourge: The Existential Choice of Django Unchained. The Philosophy of Django Freeman!"
From Slave to Scourge: The Existential Choice of Django Unchained – The Philosophy of Django Freeman!
Join me as we delve into the existential philosophy of Django Freeman, uncovering the profound lessons and timeless wisdom his character offers. Through his story, we find inspiration in the power of choice, the quest for justice, and the courage to defy oppression. Django Freeman’s philosophy is a testament to the human spirit’s unyielding drive for freedom and justice.
Don’t forget to like, comment, and subscribe to SSA Philosophy for more in-depth explorations of the philosophies behind your favorite characters. Hit the notification bell to stay updated on our latest videos. Let’s discover the principles that shape these icons and the profound lessons they offer.
Django Freeman’s story is one of the most compelling narratives of transformation and empowerment in cinema. A former slave turned relentless bounty hunter, Django’s journey is not just a physical liberation but an existential quest for identity, justice, and retribution. This video delves into the core philosophical elements that define Django’s character and the profound choices he makes throughout his journey.
Link to video: https://youtu.be/GszqrXk38qk
Create a Seamless Viewing Experience with Your Own Custom OTT Player.pdfGenny Knight
As the popularity of online streaming continues to rise, the significance of providing outstanding viewing experiences cannot be emphasized enough. Tailored OTT players present a robust solution for service providers aiming to enhance their offerings and engage audiences in a competitive market. Through embracing customization, companies can craft immersive, individualized experiences that effectively hold viewers' attention, entertain them, and encourage repeat usage.
From the Editor's Desk: 115th Father's day Celebration - When we see Father's day in Hindu context, Nanda Baba is the most vivid figure which comes to the mind. Nanda Baba who was the foster father of Lord Krishna is known to provide love, care and affection to Lord Krishna and Balarama along with his wife Yashoda; Letter’s to the Editor: Mother's Day - Mother is a precious life for their children. Mother is life breath for her children. Mother's lap is the world happiness whose debt can never be paid.
1. What Is Electronic Commerce (e-
commerce)?
• Electronic commerce or e -commerce (sometimes written as e-
Commerce) is a business model that lets firms and individuals
buy and sell things over the internet.
E-commerce operates in all four of the following major market
segments:
• Business to business
• Business to consumer
• Consumer to consumer
• Consumer to business
2. Types of E-Commerce Models
Business to Business
• This is Business to Business transactions. Here the
companies are doing business with each other. The
final consumer is not involved. So the online transactions
only involve the manufacturers, wholesalers, retailers etc.
Business to Consumer
• Business to Consumer. Here the company will sell their
goods and/or services directly to the consumer. The
consumer can browse their websites and look at products,
pictures, read reviews. Then they place their order and the
company ships the goods directly to them. Popular
examples are Amazon, Flipkart, Jabong etc.
3. • Consumer to Consumer
Consumer to consumer, where the consumers are in
direct contact with each other. No company is involved. It
helps people sell their personal goods and assets directly
to an interested party. Usually, goods traded are cars,
bikes, electronics etc. OLX, Quikr, etc. follow this model.
• Consumer to Business
This is the reverse of B2C, it is a consumer to business. So
the consumer provides a good or some service to
the company. Say for example an IT freelancer who
demos and sells his software to a company. This would be
a C2B transaction.
4. E-Commerce – History of E-Commerce
• Early Development:
The history of E-commerce begins with the invention of
the telephone at the end of last century.
EDI (Electronic Data Interchange) is widely viewed as the
beginning of ecommerce if we consider ecommerce as
the networking of business communities and
digitalization of business information.
Large organizations have been investing in development
of EDI since sixties.
It has not gained reasonable acceptance until eighties.
The meaning of electronic commerce has changed over
the last 30 years.
5. • Originally, electronic commerce meant the facilitation of
commercial transactions electronically, using technology
such as Electronic Data Interchange (EDI) and Electronic
Funds Transfer (EFT).
• These were both introduced in the late 1970s, allowing
businesses to send commercial documents like purchase
orders or invoices electronically.
• The growth and acceptance of credit cards, automated
teller machines (ATM) and telephone banking in the 1980s
were also forms of electronic commerce.
• Another form of E-commerce was the airline and railway
reservation system.
6. • Online shopping, an important component of electronic commerce
was invented by Michael Aldrich in the UK in 1979.
• The world’s first recorded business to business was Thomson
Holidays in 1981.
• The first recorded Business to consumer was Gates head SIS/Tesco
in 1984.
• From the 1990s onwards, electronic commerce additionally
included enterprise resource planning systems (ERP), data mining
and data warehousing.
• Although the Internet became popular worldwide around 1994
when the first internet online shopping started, it took about five
years to introduce security protocols and DSL allowing continual
connection to the Internet.
• By the end of 2000, many European and American business
companies offered their services through the World Wide Web.
• Since then people began to associate a word “E-commerce” with
the ability of purchasing various goods through the Internet using
secure protocols and electronic payment services.
7. Advantages of E-Commerce
• E-commerce provides the sellers with a global reach. They remove
the barrier of place (geography). Now sellers and buyers can meet
in the virtual world, without the hindrance of location.
• Electronic commerce will substantially lower the transaction cost. It
eliminates many fixed costs of maintaining brick and mortar shops.
This allows the companies to enjoy a much higher margin of profit.
• It provides quick delivery of goods with very little effort on part of
the customer. Customer complaints are also addressed quickly. It
also saves time, energy and effort for both the consumers and the
company.
• One other great advantage is the convenience it offers. A customer
can shop 24×7. The website is functional at all times, it does not
have working hours like a shop.
• Electronic commerce also allows the customer and the business to
be in touch directly, without any intermediaries. This allows for
quick communication and transactions. It also gives a valuable
personal touch.
8. Disadvantages of E-Commerce
• The start-up costs of the e-commerce portal are very high.
• The setup of the hardware and the software, the training
cost of employees, the constant maintenance and upkeep
are all quite expensive.
• Although it may seem like a sure thing, the e-
commerce industry has a high risk of failure.
• Many companies riding the dot-com wave of the 2000s
have failed miserably. The high risk of failure remains even
today.
• At times, e-commerce can feel impersonal. So it lacks the
warmth of an interpersonal relationship which is important
for many brands and products.
• This lack of a personal touch can be a disadvantage for
many types of services and products like interior designing
or the jewelry business.
9. • Security is another area of concern. Only recently, we
have witnessed many security breaches where the
information of the customers was stolen.
• Credit card theft, identity theft etc. remain big concerns
with the customers.
• Then there are also fulfillment problems. Even after the
order is placed there can be problems with shipping,
delivery, mix-ups etc.
• This leaves the customers unhappy and dissatisfied.
10. E- business Model based on the
relationship of transaction types
This business model is usually controlled by two
parameters namely Control and value Integration.
Based on this six types of transaction can be
identified:
• Brokerage Model
• Community Model
• Subscription Model
• Aggregator Model
• Infomediary Model
• Market place Model
11. Brokerage Model
• At the heart of this model are third parties known as brokers, who
bring sellers and buyers of products and services together to
engage in transactions.
• Normally, the broker charges a fee to at least one party involved in
a transaction. While many brokers are involved in connecting
consumers with retailers, they also may connect businesses with
other businesses or consumers with other consumers.
• A wide variety of different scenarios or business configurations fall
under the banner of a brokerage model. These include everything
from Web sites posting simple online classified ads and Internet
shopping malls (Web sites that sell products from a variety of
different companies) to online marketplaces, online auctions,
aggregators, and shopping bots.
Ebay.com
12. Community Model
• The community model is a method of developing an online
presence in which several individuals or groups are
encouraged to join and participate in ongoing interaction
designed around a common purpose.
• Communities utilize electronic tools such as forums, chat
rooms, e-mail lists, message boards, and other
interactive Internet mechanisms, which are usually tailored to
the particular community.
• Ex: Facebook, Twitter
13. Subscription Model
• The ecommerce subscription model is a business model
where a company provides ongoing services on a regular basis
in exchange for regular payments from the customer”
• Ex: Netflix, Amazon Prime and Spotify
14. Aggregator Model
• Aggregators gathers the good/service suppliers from the single
industry and puts them under own brand. For example, Airbnb for
Hotel industry, OLA and Uber for taxis, Oyo for hotel rooms, etc.
Attributes of an Aggregator Business Model
• Customers: Any aggregator business model has two customer bases
- the consumers and the goods/service providers who act as
customers for the aggregator.
• Industry: All goods/service providers associated with a particular
aggregator belong to the same or similar industries.
• Partnerships: None of the goods/service providers are employed
with the aggregator. On the contrary, they are business partners of
the aggregator and are free to make independent business
decisions.
15. Infomediary Model
• An infomediary is a Web site based model that provides
specialized information on behalf of producers of goods and
services and their potential customers.
• The term is a composite of information and intermediary.
• Policy Bazaar
16. Market Place Model
• Marketplace model of e-commerce means providing of an
information technology platform by an e-commerce entity on
a digital and electronic network to act as a facilitator between
buyer and seller.”
• The main feature of the market place model is that the e-
commerce firm like flipkart, amazon etc. will be providing a
platform for customers to interact with a selected number of
sellers.
• When an individual is purchasing a product from flipkart, he
will be actually buying it from a registered seller in flipkart.
17. ESLC Model
E-commerce sales have 4 four stages and life cycle
has 7 stages:
• Pre-Sales: Online promotions are done to create excitement
about the products that are being sold through online
advertisements.
• Transaction Stage: The customers place their order for the
products. The process should be user-friendly and secure.
• Delivery: It involves delivering the product to the consumer. Care
should be taken in delivery with proper packaging and speedy
delivery to make the customer happy.
• After Sales: This involves following up with the customer to let him
know that the product has been delivered or if he is satisfied. The
feedbacks from the customer can be furthers used in improving
services by the company.
20. E-Payment System
• An e-payment system is a way of making transactions or
paying for goods and services through an electronic medium,
without the use of checks or cash. It’s also called an electronic
payment system or online payment system.
21. Electronic Payment Methods
• Credit Card — A form of the e-payment system which requires the
use of the card issued by a financial institute to the cardholder for
making payments online or through an electronic device, without
the use of cash.
• Charge Card
• E-wallet — A form of prepaid account that stores user’s financial
data, like debit and credit card information to make an online
transaction easier. Ex: Paytm, Mobikwik, American Express,
Apple pay, Microsoft Wallet, Samsung Pay
• Smart card — A plastic card with a microprocessor that can be
loaded with funds to make transactions; also known as a chip card.
A smart card is a device that includes an embedded integrated
circuit chip (ICC) that can be either a secure microcontroller or
equivalent intelligence with internal memory or a memory chip
alone.
22. • Direct debit — A financial transaction in which the account holder
instructs the bank to collect a specific amount of money from his
account electronically to pay for goods or services.
• E-check — A digital version of an old paper check. It’s an electronic
transfer of money from a bank account, usually checking account,
without the use of the paper check.
EX: an electronic method of sending an employee’s wages directly
into the employee’s bank account.
Receiving tax return in your account
• Stored-value card — A card with a certain amount of money that
can be used to perform the transaction in the issuer store. A typical
example of stored-value cards are gift cards.
24. Risks of E-Payment System
• Electronic payment systems are not immune to the risk of fraud.
The system uses a particularly vulnerable protocol to establish the
identity of the person authorizing a payment. Passwords and
security questions aren't foolproof in determining the identity of a
person.
• The payment is done usually after keying in a password and
sometimes answering security questions.
• There is no way of verifying the true identity of the maker of the
transaction
• Electronic payment systems encourage impulse buying, especially
online and customers are likely to make a decision to purchase an
item they find on sale online, because it will cost just a click to buy
it through credit card.
• Impulse buying leads to disorganized budgets and is one of the
disadvantages of electronic payment systems.
25. Electronic Data Interchange (EDI)
• EDI or Electronic Data Interchange is the virtual exchange of data or
business documents in electronic format between trading partners
Or
• The simple definition of EDI is a standard electronic format
that replaces paper-based documents such as purchase
orders or
invoices. By automating paper-based transactions, organizations
can save time and eliminate costly errors caused by manual
processing.
• It consists of three stages Data Transport, Data Translation and
Data Transformation.
• Many business documents can be exchanged using EDI, but the two
most common are purchase orders and invoices.
• Ex: Dell Boomi, Mule soft
26.
27.
28. Benefits of EDI
• Minimal paper usage
• Improved timelines
• Costs saving in operational efficiency
• Enhanced quality of data
• Improved turnaround times: Business cycle is improved and
stock levels are kept constantly up to date and visible
• Helps create a greener world