Presentation of itc
- 1. E-Commerce Submited by Noor ul Ain Ayesha Ambreen Aqsa Habib
- 2. Outline 1. Introduction 4. Electronic Commerce 3. Internet Business Models 2. Ecommerce Features 5. Advantages and Disadvantages of e-commerce
- 3. Introduction 2. Facts & Statistics 1. E Commerce definition
- 4. E Commerce 2- It refers to the use of the Internet and the Web to transact business between and among organizations and individuals 1- E commerce is business that takes place electronically, generally over the Internet.
- 5. Facts & Statistics Began in 1995 and grew at an annual rate of 16 % Rapid growth led to market bubble While many companies failed, many survived with soaring revenues E-commerce is the fastest growing form of retail trade in U.S., Europe, Asia
- 6. E Commerce Features 1. Global Reach 2. Richness 3. Interactivity 4. Information Density
- 7. Global Reach The technology reaches across national boundaries, around Earth
- 8. Richness Supports video, audio, and text messages
- 9. Interactivity The technology works through interaction with the user
- 10. Information Density Vast increases in information density—the total amount and quality of information available to all market participants
- 11. Internet Business Models 1. Virtual Storefront 2. Information Broker 3. Online Marketplace
- 12. Types of Electronic Commerce (B2C) (B2B) (C2C)
- 13. Business-to-consumer (B2C) Business that sells products or provides services to end-user consumers.
- 14. Business-to-business (B2B) Business that sells products or provides services to other businesses.
- 15. Consumer-to-consumer (C2C) In internet commerce, means through which consumers interact with other consumers through online auctions.
- 16. Advantages and Disadvantages of e-commerce Advantages Disadvantag es
- 17. Advantages Faster buying/selling procedure, as well as easy to find products. Buying/selling 24/7. More reach to customers, there is no theoretical geographic limitations. Low operational costs and better quality of services. Customers can easily select products from different providers without moving around physically.
- 18. Disadvantages Any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money. There is no guarantee of product quality. Mechanical failures can cause unpredictable effects on the total processes.