2. - What is Commerce? - What is E-Commerce? - Different Definitions of E-Commerce - Scopes of E-Commerce - Difference of E-Commerce and Traditional Commerce - Benefits of E-Commerce CONTENTS - Limitations of e-Commerce - Impact of e-Commerce
3. Introduction To Commerce Commerce is the exchange of something of value between two entities. That "something“ may be goods, services, information, money, or anything else the two entities consider to have value. Commerce is the central mechanism from which capitalism is derived.
4. There are many different definitions and understanding about E-Commerce. According to some textbooks - E-Commerce --> buying and selling goods and products over internet. However, researchers believe the E-Commerce practice should include a wide variety of presale and post-sale activities. What is “E-Commerce”?
5. Mark Stewart gave their view of Internet-commerce as follows: “ The use of the global Internet for purchase and sale of goods and services, including service and support after the sale. The Internet may be an efficient mechanism for advertising and distributing product information, but our focus is on enabling complete business transactions.” Different Definitions of Electronic Commerce
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9. Benefits to Consumers: -Tranactions can be done 24 hrs a day, all year round and from any location - Customer has more choices - Rapid inter-personal communications and information accesses - Wider access to assistance and to advice from experts - Save shopping time and money - Fast services and delivery Benefits of E- Commerce