e commerce ppt
- 1. Prepared by: Sushant nair Mba I sem
- 2. 1.what is e-commerce? 2.Features of e-commerce. 3.Categories of e-commerce. 4.Why e-commerce? 5.Advantages of e-commerce. 6.Disadvantages of e-commerce.
- 3. Electronic commerce, commonly known as E-commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.
- 4. E-commerce businesses usually employ some or all of the following practices: οProvide Etail or "virtual storefronts" on websites with online catalogs, sometimes gathered into a "virtual mall". οBuy or sell on websites or online marketplaces. οGather and use demographic data through web contacts and social media. οUse electronic data interchange, the business-to-business exchange of data. οReach prospective and established customers by E-mail or fax (for example, with newsletters). οUse business-to-business buying and selling. οProvide secure business transactions.
- 5. οΆBusiness-to-Consumer (B2C) In a Business-to-Consumer E-commerce environment, companies sell their online goods to consumers who are the end users of their products or services. Usually, B2C E-commerce web shops have an open access for any visitor, meaning that there is no need for a person to login in order to make any product related inquiry. οΆBusiness-to-Business (B2B) In a Business-to-Business E-commerce environment, companies sell their online goods to other companies without being engaged in sales to consumers. In most B2B E-commerce environments entering the web shop will require a log in. B2B web shop usually contains customer-specific pricing, customer-specific assortments and customer-specific discounts.
- 6. οΆConsumer-to-Business (C2B) In a Consumer-to-Business E-commerce environment, consumers usually post their products or services online on which companies can post their bids. A consumer reviews the bids and selects the company that meets his price expectations. οΆConsumer-to-Consumer (C2C) In a Consumer-to-Consumer E-commerce environment consumers sell their online goods to other consumers. A well-known example is eBay.
- 7. οΆLow entry cost. οΆReduces transaction costs. οΆAccess to the global market. οΆSecure market share.
- 8. οΆNo checkout queues. οΆReduce prices. οΆYou can shop anywhere in the world. οΆEasy access 24 hours a day. οΆWide selection to cater for all consumers.
- 9. οΆUnable to examine products personally. οΆNot everyone is connected to the Internet. οΆThere is the possibility of credit card number theft. οΆOn average only 1/9th of stock is available on the net.