This document defines e-commerce as transacting or facilitating business over the internet. It discusses that e-commerce involves more than just marketing, and requires managing operations like warehouses, shipping, returns and product display. The different types of e-commerce are defined as business-to-business, business-to-consumer, business-to-government, consumer-to-consumer, mobile commerce and facebook commerce. Tips are provided for running a successful e-commerce business, including differentiating your business, getting the technology right, and securing the supply chain. Both advantages like lower costs and reach to customers, and disadvantages like inability to examine products personally are outlined. Human: You are an expert at summarizing documents.

2. Introduction to E-Commerce
Transacting or facilitating business on the Internet is
called E-Commerce. E-Commerce is short for
"electronic commerce."The process of buying and
selling goods and services over the internet .A type of
business model, or segment of a larger business model,
that enables a firm or individual to conduct business
over an electronic network, typically the internet that
doesn’t require any bargaining.

4. When it comes to E-Commerce, most of the
information you’ll be able to find online is
marketing related because marketing is the
easy part. That’s why almost everybody
assumes that all it takes to build an E-
Commerce operation is good marketing, a
technological sound shopping catalogue
solution and a lot of luck.

5. 1) Management.
2) Warehouse operations.
3) Shipping and returns.
4) E-commerce catalogue
and product display.
5) Promotions.
Components of E-Commerce Business

6. Different types of e-commerce
 Business-to-business (B2B)
 Business-to-Consumer (B2C)
 Business-to-government (B2G)
 Consumer-to-consumer (C2C)
 Mobile commerce (M-commerce)
 Facebook commerce (F-commerce)

7. We use the term e-business to refer primarily to the
digital enablement of transactions and processes
within a firm, involving information systems under
the control of the firm.
E-Commerce include commercial transactions
involving an exchange of value across organizational
boundaries
E- Commerce v/s E-business:

8. E-Commerce is Like Any Other Business:
Developing a business over the Internet requires many of the same
major activities as starting any other business.
Not All Products Are Very Compatible to Sales Over the Internet:
But there are some features unique to E-Commerce. Not all products
are real compatible to be sold over the Internet.
You Need an Online "Store":
Basically, you need an "online store" to be an "e-tailor".
Basics of E-Commerce

9. You need to design and promote a Website.
You'll need access to expertise that can
regularly design and maintain this Website for
you -- and it will require ongoing attention.
Fortunately, there is a great deal of free
information available to help you with this
design and promotion.
Obviously, You Need a Website

11. The Process Of Buying Products Online

12. Traditional Commerce E-Commerce
Cost
Cost is greater due to taxes,
advertisement and employees.
Average cost is much lower
than traditional type.
Market
Product market is limited
because of geo-graphical
constraints.
Product market is across the
world because of non-physical
aspects.
Advertisement
It requires product
advertisement on various
mediums.
Developers of the websites
also makes adds on domains.
Time
It requires more time to go
outside, to choose, compare
and evaluate product.
It takes less time to choose
and make comparison between
several products.
Accessibility
Less accessible due to time or
geo-graphical constraints.
Products can be accessed at
any time and from almost
anywhere.

13. Reliability
People trust it more
because of physical
transactions.
Due to lake of
awareness this is less
popular among people.
Support
Customers support
centers support their
customers.
No physical support
centres available.
Feedback
Feedback from
customers takes a lot of
time.
Feedback is immediate
by certain website
features.
Interactivity
Fewer customers can be
interacting with at a
time because of less
physical limitations.
Websites are especially
designed for multi-
users.

14. 1. Differentiate your
business.
2. Get your technology right.
3. Don’t make customers
run around in circles.
4. Secure your supply chain.
5. Be cost effective.
Tips for Running a
Successful E-
Commerce Business

15. 7 Reasons to start an E-Commerce business
1) To get more independence.
2) Because you are passionate.
3) To make extra income, or Become financially secure.
4) You want to.
5) Get tax benefits.
6) Pick who you work with.
7) Never get laid off.

16. Security threats arise either because of somebody's malicious actions, or
because of incorrect technical setup. As a result, there cannot be an exhaustive
listing of all E-Commerce security issues. But here are the most common:
Malware.
Unauthorized Data Access.
Denial of Service.
Phishing.
Security Threats to E-Commerce Websites

17. 1-Lack of sufficient system's security, reliability,
standards, and communication protocols.
2-Insufficient telecommunication bandwidth.
3-The software development tools are still evolving
and changing rapidly.
4-Difficulties in integrating the Internet and
electronic commerce software with some existing
applications and databases.
Limitations of E-Commerce

18. Cont…..
5-The need for special Web servers and other
infrastructures, in addition to the network servers
(additional cost).
6-Possible problems of interoperability, meaning
that some E-Commerce software does not fit with
some hardware, or is incompatible with some
operating systems or other components.

19. ADVANTAGES OF E-COMMERCE
 Faster buying/selling procedure, as well as easy to find products.
 Buying/selling 24/7.
 More reach to customers, there is no theoretical geographic
limitations.
 Low operational costs and better quality of services.
 No need of physical company set-ups.
 Easy to start and manage a business.
 Customers can easily select products from different providers
without moving around physically.

20. 1. Unable to examine products personally.
2. Everyone is connected to the Internet.
3. There is the possibility of credit card number theft.
4. Mechanical failures can cause unpredictable effects
on the total processes.
Disadvantages

21. In general, today’s businesses must always strive to create the
next best thing that consumers will want because consumers
continue to desire their products, services etc. to continuously be
better, faster and cheaper.
Hence, there are several factors and variables that need to be
considered and decided upon when starting an E-Commerce
business. Some of these include: types of E-Commerce, marketing
strategies and countless more. If the correct methods and
practices are followed, a business will prosper in an E-Commerce
is set with much success and profitability.
Conclusion