This document discusses online business and defines it as any business activity that occurs over the internet. It notes that online business allows owners to sell and provide services online. The document outlines six types of online business models including business-to-business, business-to-consumer, and consumer-to-consumer. It also discusses advantages like lower costs and global accessibility, and disadvantages such as technical needs and security risks. Finally, it provides an overview of online business laws and considerations for intellectual property, privacy, and transactions.
Mattingly "AI & Prompt Design: Limitations and Solutions with LLMs"
Online Business
1.
2. What is online business?
• Online business - also referred to as e-business - is any kind of
business activity that happens online (over the internet).
• A business owner who does any, or all, of their business using the
internet, is running an online business. Running an online business
can include buying and selling online, and providing an online
service. A wide variety of businesses can be found online, in many
different industries.
• Anyone can start an online business. If you have a unique product or
idea, you can find a way to sell or trade it online.
3. It's just like a traditional 'bricks-and-mortar' business, except your office or shop is
online, so you have to decide how it will look and appeal to customers.
> IBM was one of the first companies to use the term when, in October 1997, it
launched a thematic campaign built around e-business.
4. Types of online business:
Online businesses can have different
online business-fronts. There are 6 basic
types of e-commerce:
1. Business-to-Business (B2B)
2. Business-to-Consumer (B2C)
3. Consumer-to-Consumer (C2C)
4. Consumer-to-Business (C2B).
5. Business-to-Administration (B2A)
6. Consumer-to-Administration (C2A)
5. 1. Business-to-Business (B2B)
Business-to-Business (B2B) e-commerce
encompasses all electronic transactions of goods
or services conducted between companies.
2. Business-to-Consumer (B2C)
The Business-to-Consumer type of e-commerce is
distinguished by the establishment of electronic
business relationships between businesses and
final consumers.
3.Consumer-to-Consumer(C2C):Consumer-to-
Consumer (C2C) type e-commerce
6. encompasses all electronic transactions of goods or services conducted between
consumers.
4.Consumer-to-Business(C2B): In C2B there is a complete reversal of the
traditional sense of exchanging goods. This type of e-commerce is very common in
crowdsourcing based projects
5.Business-to-Administration(B2A):This part of e-commerce encompasses all
transactions conducted online between companies and public administration.
6.Consumer-to-Administration(C2A): The Consumer-to-Administration model
encompasses all electronic transactions conducted between individuals and public
administration.
7. Advantages and disadvantages of online business:
• There are a lot of things to consider before making the decision to start
or move an existing business online, particularly if you're not a
computer or web guru, or haven't started a business before.
Benefits of doing business online may include:
• cost savings in rent and staffing
• greater flexibility and efficiency in product and service delivery
• 24/7 accessibility to customers all over world/Country.
• easier to compare prices
• lots of choices
8. There can also be drawbacks in doing business online, such as:
• some technical or web knowledge may be necessary
• software and hardware expenses
• risk of online scams and fraud.
• need for an internet connection
• need for an internet access device
9. Laws of Online Business:
• Privacy: If you save contact and personal information
from your customers, you are required, under the Privacy
Act 1988, to make your customers aware of what you are
collecting. You must also clearly explain how you will use
their information.
• Intellectual property: You may encounter intellectual
property (IP) issues when running your online business,
such as potential copyright and trademark infringements.
10. • Digital Rights/Copyright: Personal data is not
the only thing protected on the Internet. Digital
works, including text, movies, music and art are
copyrighted and protected via the Digital
Millennium Copyright Act (DMCA)
• Electronic transactions: There is no legal
difference between electronic and other
transactions (e.g. paying for something with cash).
This means the same laws apply to the
transactions made on your website as the ones you
might make at the supermarket.
12. Online business in Bangladesh
• Since 1970 to 2000 can be said that Bangladesh was almost in the darkest in e-
Commerce business. The peoples even never imagine for e-Commerce.
• Since 2000 the students just waked up and started a revolution with computer
work in every department in the every organization and also it’s going to involve
most of the government project too.
• If we go the sites of Bikroy.com or ekhanei.com or the apnardeal.com the most
successful e-Commerce business at present in Bangladesh then you can feels
the scents of the e-Commerce booming.
13. They are also the pioneer of Classified Ad site of
Bangladesh. Now a days peoples are reading
newspaper in online and they do the business in
the newspaper site also. We can also find different
advertisement for business in the Facebook or
twitter. So that people can easily see them and
getting their shopping online. They are also the
pioneer of Classified Ad site of Bangladesh. Now a
days peoples are reading newspaper in online and
they do the business in the newspaper site also.
We can also find different advertisement for
business in the Facebook or twitter. So that people
can easily see them and getting their shopping
online.
15. This is very clear that the peoples of Bangladesh
are going to purchase online like western or Europe.
There are not many sites like them but its increasing
day by day in the country and also spreading the
rest of the district of Bangladesh. The government
also taking part of that and taking many projects to
build digital Bangladesh based on Online.
Thank You