E commerc+presentation
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E-commerce refers to the purchasing and selling of goods and services over electronic networks. There are four main types of e-commerce: business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer. E-commerce provides advantages like increased sales, decreased costs, and access to global markets, but also faces disadvantages such as not all people having internet access or trust in online financial transactions. Overall, e-commerce is still developing to improve security and efficiency as applications have existed since the 1970s.
E commerc+presentation
- 1. E-COMMERCE
- 3. Meaning of E-commerce It is the purchasing ,selling and exchanging of goods and service over computer networks through which transaction or term of sale are performed electronically.
- 4. BUSINESS APPLICATIONS 1.email 2.online shopping 3.online banking 4.electronic tickets 5. teleconferencing
- 5. Types of commerce Business-to-business (B2B) Business-to-consumer (B2C) Consumer-to-business (C2B) Consumer-to-consumer (C2C)
- 6. Business-to-business:- Companies doing business with each other such as manufactures selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of orders and is often negotiable.
- 7. Business-to-consumer:- Business selling to the general public typically through catalogs utilizing shopping card software.
- 8. Consumer –to-business:- A consumer posts his project with a set budget online and with in hours companies review the consumer’s requirement and bid on the project. The consumer review the bids and selects the company that will complete the project. Hence, empowers consumer’s around the world by providing the meeting ground and platform for the such transactions.
- 9. Consumer-to-consumer:- There are many sites offering free classifieds auction, and forum’s where individuals can buy and sell things to online payment system line payable. Where people can send and receive money online with ease, buy’s auction is a great, e.g. of where person to person transaction take place everyday since 1995.
- 10. Concept of e-commerce Retail spending Online taxation Emerging markets Who stands to gain Who stand to lose
- 11. Advantages of e-commerce Increase sales Decrease costs Reach to global market Opportunity for customers to compare goods No need of physical company setup
- 12. Disadvantages of e-commerce E-commerce that the internet has still not touched the lives of a great number of people, either due to the lack knowledge or trust. A large number of people do not use the internet for any kind of financial transaction. E-commerce is that it is not suitable for perishable commodities.
- 13. Conclusion • E-Commerce refers to all forms of business activities across the internet. This can include E-tailing, B2B, intranets and extranets, online advertising, and simply online presence of any form that are used for some type of communications. • E-Commerce has several advantages and disadvantages as indicated in these papers. • E-Commerce applications that are started in early 1970’s need to be still developed in terms of security and efficiency. • For the developing country like our India advancement in e-commerce is a challenge to compete with the developed countries.