E-commerce refers to the buying and selling of goods and services over the internet. It allows for direct interactions without being physically present, has lower costs than traditional commerce which requires maintaining a physical store, and has a wider global reach than being restricted to local customers. While e-commerce is more prone to credit card fraud due to its remote nature, it can be cheaper than traditional commerce and reach more customers worldwide.

1. Why E-commerce is Different
Introduction to MIS(Management information system)

2. Group participants.
 Nadeem Iqbal
 Usman zafar
 Hamza rafique
 Farhan ahmed

3. What is E-commerce ?
 It is commonly known as electronic marketing.
 It consist of buying and selling goods and services over an electronic
system such as the internet.
 E-commerce is the purchasing , selling & exchanging goods and
services over computer network or internet through which transactions
or terms of sale are performed electronically.

5. The process of E-commerce

6. Traditional commerce refers to the face-to-face process of buying and
selling goods in a physical store space, by exchanging goods for
monetary gains. E-commerce is an abbreviation of
'electronic commerce', and it broadly refers to transactions conducted
via the internet.
Traditional commerce

7. Difference Between E-commerce and Traditional
Commerce
Traditional Commerce
 Direct interaction Traditional
commerce is often based
around face to face interaction
 Lower cost Traditional
commerce is not cheaper than
E-Commerce.
 Reach In traditional commerce
only you are restricted to
people who actually come to
your shop.
E-Commerce
 Direct interaction Ecommerce
des not offer this benefit
 Lower cost Ecommerce is
more cheaper than maintaining
a physical store in an equal
popular location.
 Reach Wide rang of customers
we an reach as compare to
traditional commerce.

8.  Credit card fraud The remote
nature of Ecommerce makes
much more difficult to detect
fraud, which means stores
can lose money due to fraud
 Telephone communication
 Ads: printed,radio, t.v
 Payment cash,check
 customer takes product home
 Internet connection is not
required
 Marketing high cost outlets,
wholesalers
 Credit card fraud While there
are chance of fraud but can be
minimized by physically
presence of buyer by checking
of ID Cards etc.
 E-mail communication
 Ads: online, radio, t.v
 Payment direct, fund transfer
 Delivery home 2-5 days
 Internet connection is
required
 Good content, trust