Professional Documents
Culture Documents
E-COMMERCE
IN
THE DEGREE OF
2019-2021
GANGA INSTITUTE OF
KABLANA, JHAJJAR
AFFILIATED TO MD UNIVERSITY, ROHTAK, HARYANA
124001
CERTIFICATE
There Is To Certify That The Research Entitled, “E-COMMERCE” being Submitted by
ROHTAK For The Award Of The Degree Of MBA is a record of bonafide research work
APOORNA JAIN
MBA 3RD SEM
Ther is to certify that the above statement made by the candidate is correct to the best of my
knowledge.
CANDIDATE'S DECLARATION
CERTIFICATE
I hereby certify that the work which is being presented in the report entitled “Information
Technology” by “APOORNA JAIN” in partial fulfillment of requirements for the award of
degree of MBA submitted to Department of ( “ Management ” ) of GITAM. at M.D.U Rohtak
is an authentic record of my own work carried out during a period from 5th August, 2020
to 05th October, 2020under the supervision of Mr. Sanchit Garg.
This is to certify that the above statement made by the candidate is correct to the best of
my/our knowledge
I express my sincere gratitude and thanks to MR. PAYUSH under his guidance I
helped me in simplifying the problem involved in the work. I would also like to
thank the overwhelming support of all the people who gave me an opportunity to
learn and gain knowledge about the various aspects of the industry.
APOORNA JAIN
MBA 3RD SEM
INDEX
1INTRODUCTION TO E-COMMERCE
Electronic Commerce commonly known as E-commerce which denotes different types of
transactions involved in commercial activities. It contains both organizational and individual
activities which include the processing and transmission of digitized data such as text, pictures,
sound and video etc.
E-commerce has developed a new environment with the help of internet in business transactions
and processing. Here information is provided direct to the consumers about the product they
want to buy, and the platform is set for the product advertisements. It also permits negotiations,
order for raw materials, settlement of financial transactions etc.
Electronic commerce is a combination of Communication Services, Data Management and
Security Mechanism which provides a platform to organizations where they can store
information about selling of goods and services. The three elements are described as follow:
Communication Services - Electronic transfer of information from buyer to seller is
supported by Communication Services.
Data Management - it is exchange and storing of data in a constant format which enable
easy exchange of information.
Data Management - it provides following functions:
Debit Card -
Debit cards are the second largest e-commerce payment medium in India. Customers who want
to spend online within their financial limits prefer to pay with their Debit cards. With the debit
card, the customer can only pay for purchased goods with the money that is already there in
his/her bank account as opposed to the credit card where the amounts that the buyer spends are
billed to him/her and payments are made at the end of the billing period.
Smart Card -
A smart card is a plastic card with an embedded microchip containing information about you. It
can store about 100 times the amount of information than a magnetic strip plastic card can store.
A smart card contains private user information, such as financial facts, private encryption keys,
account information, credit card numbers, health insurance information, etc.
E-Wallet -
E-Wallet is a prepaid account that allows the customer to store multiple credit cards, debit card
and bank account numbers in a secure environment. This eliminates the need to key in account
information every time while making payments. Once the customer has registered and created E-
Wallet profile, he/she can make payments faster.
Netbanking -
This is another popular way of making e-commerce payments. It is a simple way of paying for
online purchases directly from the customer’s bank. It uses a similar method to the debit card of
paying money that is already there in the customer’s bank. Net banking does not require the user
to have a card for payment purposes but the user needs to register with his/her bank for the net
banking facility. While completing the purchase the customer just needs to put in their net
banking id and pin.
Mobile Payment -
One of the latest ways of making online payments are through mobile phones. Instead of using a
credit card or cash, all the customer has to do is send a payment request to his/her service
provider via text message; the customer’s mobile account or credit card is charged for the
purchase. To set up the mobile payment system, the customer just has to download a software
from his/her service provider’s website and then link the credit card or mobile billing
information to the software.
Amazon Pay -
Another convenient, secure and quick way to pay for online purchases is through Amazon Pay.
Use your information which is already stored in your Amazon account credentials to log in and
pay at leading merchant websites and apps. Your payment information is safely stored with
Amazon and accessible on thousands of websites and apps where you love to shop.
If you are planning to sell your products online, Amazon would be happy to help you in setting
up payment gateways for your products and services. You can also consider selling on Amazon,
one of the most popular e-commerce platforms in the world. To sell on Amazon,
please register yourself for free.
Digital payments are slowly gaining popularity in India and there are many apps that are being
launched in this sector. It has become a hassle-free and secure way to make payments.
2. The lack of anonymity - For most, it’s not a problem at all, but you need to remember that
some of your personal data is stored in the database of the payment system.
3. The need for internet access - As you may guess, if the internet connection fails, it’s
impossible to complete a transaction, get to your online account, etc.
E-commerce, as well as m-commerce, is getting bigger year after year. Still, one of the most
popular payment methods are credit and debit card payments, but people also choose some
alternatives or local payment methods. If you run an online business, find out what your target
audience needs and provide the most convenient and relevant e-payment system.
NEEDS OF E-COMMERCE
For consistently increasing the graph of business to new heights it must possess two things, first
- reaching new customers with steadily rate and second - effectively communicate, interact with
the existing ones.
And if you are running an offline business then surely you already aware of these two
requirements that company growth is not accomplished easily without winning the hearts of both
new as well as existing customers. In accordance with that if you create an online retail store of
your offline business you can win both hearts and minds of your customers at the same time,
which is the ultimate pathway to profits.
As we already know that today’s world wide web is no longer just limited to finding information,
sending mails or connecting with people but it is expanding their reach by offering services and
products at customer’s doorsteps. In such a scenario where more and more buyers prefer making
most of their purchases online, an ecommerce website of your business is the need of the hour.
Thus if you want to hit the bottom lines of your business you must get in on the action.
The gains obtained in e-business are passed on to customers through lower prices or as additional
features of products or services, this provides customer satisfaction. Up-to-date information
available on an organization’s website provides more information to customer, thus educating
them better.
The cost incurred on communication in e-business environment is low and allows instantaneous
communication between anyone from anywhere from the world. E-business enables instant flow
of communication regarding goods, services, transmission of orders and the status of delivery.
DIGITAL LIBRARY
A digital library, digital repository, or digital collection, is an online database of digital objects
that can include text, still images, audio, video, or other digital media formats. Objects can
consist of digitized content like print or photographs, as well as originally produced
digital content like word processor files or social media posts. In addition to storing content,
digital libraries provide means for organizing, searching, and retrieving the content contained in
the collection.
Digital libraries can vary immensely in size and scope, and can be maintained by individuals or
organizations. The digital content may be stored locally, or accessed remotely via computer
networks. These information retrieval systems are able to exchange information with each other
through interoperability and sustainability.
No physical boundary - The user of a digital library need not to go to the library
physically; people from all over the world can gain access to the same information, as
long as an Internet connection is available.
Round the clock availability - A major advantage of digital libraries is that people can
gain access 24/7 to the information.
Multiple Access - The same resources can be used simultaneously by a number of
institutions and patrons. This may not be the case for copyrighted material: a library may
have a license for "lending out" only one copy at a time; this is achieved with a system
of digital rights management where a resource can become inaccessible after expiration
of the lending period or after the lender chooses to make it inaccessible (equivalent to
returning the resource).
Information retrieval - The user is able to use any search term (word, phrase, title,
name, and subject) to search the entire collection. Digital libraries can provide very user-
friendly interfaces, giving click able access to its resources.
Preservation and conservation - Digitization is not a long-term preservation solution
for physical collections, but does succeed in providing access copies for materials that
would otherwise fall to degradation from repeated use. Digitized collections and born-
digital objects pose many preservation and conservation concerns that analog materials
do not. Please see the following "Problems" section of this page for examples.
Space - Whereas traditional libraries are limited by storage space, digital libraries have
the potential to store much more information; simply because digital information requires
very little physical space to contain them and media storage technologies are more
affordable than ever before.
Added value - Certain characteristics of objects, primarily the quality of images, may be
improved. Digitization can enhance legibility and remove visible flaws such as stains and
discoloration.
Easily accessible - The data and information in digital form can be easily accessible.
They also increase availability to individuals who may not be traditional patrons of a
library, due to geographic location or organizational affiliation.
Low cost - As such, the cost of maintaining a digital library can be much lower than that
of a traditional library. A physical library must spend large sums of money paying for
staff, book maintenance, rent, and additional books. Digital libraries may reduce or, in
some instances, do away with these fees.
Both types of library require cataloging input to allow users to locate and retrieve material.
Digital libraries may be more willing to adopt innovations in technology providing users with
improvements in electronic and audio book technology as well as presenting new forms of
communication such as wikis and blogs; conventional libraries may consider that providing
online access to their OP AC catalog is sufficient. An important advantage to digital conversion
is increased accessibility to users.
M-COMMERCE
The phrase mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the
Global Mobile Commerce Forum, to mean "the delivery of electronic commerce capabilities
directly into the consumer’s hand, anywhere, via wireless technology." Many choose to think of
Mobile Commerce as meaning "a retail outlet in your customer’s pocket."
Mobile commerce is worth US$230 billion, with Asia representing almost half of the
market, and has been forecast to reach US$700 billion in 2017.
It does not require the user to sit at the computer that is plugged in and perform the commercial
transactions. Through M-Commerce, people can perform several functions such as pay bills, buy
and sell goods and services, access emails, book movie tickets, make railway reservations, order
books, read and watch the news, etc.
However, while mobile commerce can help you increase sales, it can also serve as a customer
retention strategy and will, of course, increase your customer’s lifetime value and profitability.
According to a research by Bain & Company, along with Earl Sasser of the Harvard Business
School, “A 5% increase in customer retention can lead to a 95% increase in profitability”.
M-COMMERCE FRAMEWORK/INFRASTRUCTURE
For a proper and well-functioning M-commerce application, m-commerce should have a proper
infrastructure. This infrastructure should be compatible to the newly developed applications as
well as to the most general user level devices. Also the interface between the user and the service
provider must be easily accessible and secured.
A layered infrastructure of Mobile commerce framework is shown in figure below. This defines
multiple functional layers with respect to the user, service providers and vendors.
1) Through M-commerce, the companies can be in regular touch with the users through the
Push Notifications. Any discount, scheme, pay back benefits can be communicated to the
customers through a message to their mobile phones.
E.g. Shoppers Stop always sends a message to its members about the Season Sale.
3) With the help of M-commerce, the users can pay their mobile bills, electricity bills, without
standing in the long queues.
E.g. Mobile applications such as Paytm, Freecharge are the online payment platforms.
4) M-commerce enables the customers to book movie tickets, railway tickets, air tickets, and
event tickets thereby saving a lot of time.
E.g. Book My Show, IRCTC Mobile Application offers the online reservation services.
6) M-Commerce helps the marketer to have a wider reach of potential customers than he can
have by visiting all personally.
E.g. Text can be sent to the mobile phones of many potential customers residing in different
parts of the country Make My trip is the best example.
7) The technology behind the M-commerce is WAP i.e. Wireless Application Protocol that
enabled users to make use of the internet anytime and anywhere.
DISADVANTAGES OF M-COMMERCE
3) Poor connectivity also hampers the M-commerce to flourish. Sometimes the data is too slow
to access the websites through mobile applications.
4) M-commerce, being the latest technology is struggling with its applications in terms of its
graphics and the content those results in more reliance on the E-commerce applications.
5) Information shared through the wireless medium have higher chances of getting hacked.
Therefore, people use more of E-commerce applications to perform the money transactions.
Mobile app revolution -
"Apps are increasingly becoming experiences that live across multiple endpoints - from
wearables to phones, tablets, and web applications." As this trend proceeds in 2015,
offerings that can seamlessly transfer between these states as customers move from one
device to the next will have a huge advantage. Many of today's small businesses are eager
to build their own branded mobile apps. Thank to mobile app's outstanding features
which are different from responsive website and mobile site, now retailers can drive
customer engagement and sales.
NFC chips inside most new smartphones transmit customer payment and banking data
when scanned on a reader. Unlike a credit card, smartphones can include interactive
payment processing and other financial services which PayPal president, David Marcus,
calls Money 3.0. NFC chips could be placed inside wearable smart technology — also
coming of age in 2015. However, tapping a device may not be significantly more
convenient than swiping a card.
Conclusion - M-commerce lets the user do a transaction including buying and selling of goods,
availing services through online providers, transferring rights, transacting money. The ubiquity
of mobile devices makes them omnipresent and omnipotent, they remain with you wherever you
go, help you navigate a nearby restaurant or a hospital, connect with family and friends, pay for
items at a store, or hail a cab etc. In the upcoming year, M-commerce will become the preferred
way doing for digital transactions surpassing E-commerce.
ONLINE MARKETING
Online marketing is a set of tools and methodologies used for promoting products and services
through the internet. Online marketing includes a wider range of marketing elements than
traditional business marketing due to the extra channels and marketing mechanisms available on
the internet.
Online marketing can deliver benefits such as:
Growth in potential
Reduced expenses
Elegant communications
Better control
Improved customer service
Competitive advantage
Online marketing is also known as internet marketing, web marketing, digital marketing and
search engine marketing (SEM).
Specialized Areas of Internet Marketing
Internet marketing can also be broken down into more specialized areas such as Web
marketing, email marketing and social media marketing:
3. Reliable Technology
6. 24/7 Marketing
2. Marketing complexity
4. Dependability on Technology
E-COMMERCE MODELS
Typically, E-Commerce business models can be divided into six major types, such as:
Business-to-Business (B2B)
Business-to-Consumer (B2C)
Consumer-to-Consumer (C2C)
Consumer-to-Business (C2B)
Business-to-Employee (B2E)
Business-to-Government (B2G)
The description of all these are given as follow:
Step2. Now it will ask you for filling the information for creating an account. Like Email Id,
Setting Password and Business Related Information which includes Business Type, Industry etc.
Step3. After providing all the necessary information the system will ask for confirming the
correctness of information and continue for the further formalities.
Step4. Now the system will internally make processing and took a while for updating the given
information and gives the final confirmation for successful account creation. Now user can log in
on Amazon site and do transactions as per requirement.
Step1. Go to the URL of that particular site, like www.flipkart.com and click on the button “Sign
Up”.
Step2. As the user click on the button Sign Up, the system will ask you for the Mobile number
so that the OTP (one time password) will be sent on the user mobile for authentication purpose.
Step3. The user will receive an OTP on mobile and user has to fill that OTP to go to the further
formalities and now the system will highlight the column to set a password by the user. As the
user will set the password, user will get registered on the site.
Step4. At this step the user have become registered on the side and can perform actions as per
the desires. The user can manage its account from the option given on the right side. He can
place the order, check the order status and update personal information etc.
Consumer-to-consumer (C2C) is a type of e-commerce in which consumer’s trade products,
services and information with each other online. These transactions are generally conducted
through a third party that provides an online platform on which the transactions are carried out.
Online auctions and classified advertisements are two examples of C2C platforms, with eBay
and Craigslist being two of the most popular of these platforms. Because eBay is a business, this
form of e-commerce could also be called C2B2C -- consumer-to-business-to-consumer.
Step1. At first, the user types the URL, www.olx.in on the search engine and click on My
Account option to get registered on the site and then a new window will get open and demand for
the Email Id and Password to register you. After filling the Email Id and Password click on
Register button given on the right side.
Step2. After clicking on the registered button, the user will receive a mail in its mail box for
confirmation. As the user click on the link for Activating Account given in the mail, user will get
registed on the site.
Step3. After confirming the mailed Authetication, the user will get registerd and can see its name
mention on the top right side of the window. Now user can buy anything and even sell anything.
If user wants to sell any product then he can sell by clicking on the “Submit a Free Ad option”
and require to fill some of the mandatory information.
User can also purchase anything by watching the ads shown on the site.
Consumer-to-business (C2B) is a type of e-commerce in which consumers make their products
and services available online for companies to bid on and purchase. This is the opposite of the
traditional commerce model of B2C. A popular example of a C2B platform is a market that sells
royalty-free photographs, images, media and design elements, such as iStock. Another example
would be a job board.
Step1. At first, the user types the URL www.shutterstock.com and click on the Sign up button on
the top right corner.
Step2. Add the necessary details like Name, Email Id and Password etc. and then click on the
Next button.
Step3. Now system will send an Email on your registered mail and ask for Authentication. After
the verification has been done, click on the Next button.
Step4. Now the system will ask for the address details. As the user fill the details then click on
the Next button.
Step5. Now the user has registered on the site and can upload the images. But first of all user has
to upload any Govt. Authorized Identification Proof for starting earnings. After uploading user
requires to click on the continue button.
Step6. Now all the authentication process has completed and now user is require to upload
images captured by the user itself.
Business-to-Government (B2G) model is business model that facilitates transactions between
government and business over the electronic network.
There are many activities which are done by businesses over the Internet like filing tax returns,
public procurement, apply and issue commercial licenses and many other government related
activities. For Exp, Classic Shoes Ltd files the annual tax return over the Internet to the Income
Tax Department. This forms the B2G model. We are showing the example of Tax Return filing.
Step1. At first, type the URL on the search engine and click on the “Register Yourself” button
shown in next screenshot.
Step2. Select user type and click on continue button and as you click on the continue button
system will ask for the personal information, Email Id, Password, Contact details and address etc
and click on the Submit button.
Step3. Then system will show a Thank you message and system will send a password on the
registered mobile no. and a link to activate your account on your Email address. Now user will
click on the received link on the email to activate an account.
Step4. As you click on the Email link the system will lead you to the income tax return site and
ask for mobile pin and click on the Submit button.
Step5. After clicking on the Submit button, a message for the Successful activation will received
and now the user account will become activated and if user wants to login then user can login by
clicking on the below link by clicking on the User id and password.
PROCEDURE FOR ONLINE FLIGHT TICKET BOOKING THROUGH
“IRCTC” WEBSITE
Step1: To book the online flight ticket user opens the “IRCTC” website. By default “Home”
page will open and from the Home page click on “Flight Tickets Icon”.
Step2: Click on “sign in” option shown on the right side of the window.
Step3: As you click on the Sign in button the below shown popup box will appear. If user has
already an account then user will click on “Sign into IRCTC” and fill the shown blank columns
and if the user doesn’t have any earlier account then user can sign in through “sign as a guest
user”.
Step4: After sign in, a new window will appear and it will ask you for the flight booking details.
Here user requires filling all the mandatory information like: one way/round trip, where, when,
etc. after filling the details the user will click on the “Search” Icon.
Step5: After clicking the search Icon, the system will make processing and find the suitable
flights options for the passenger.
Step6: Once the system will get complete with its processing, it will show you various flights
with different price, departure time, duration and stoppages etc. if user wants to get the details of
any flight, then he/she can click in the details option given below the book option.
Step7: After getting the details and choosing the suitable flight, the user requires clicking on the
book option. As the user will click on the book option a new window will open which will show
the details regarding flight base fare, taxes, additional charges etc.
Step8: After varifing and analyzing the details click on the terms and conditions check box and
after clicking on the check box a small pop up window will appear and from pop up bok click on
OK button.
Step9: After clicking on the pop up OK button, system will show the tick on the term and
conditions check box. And then click on the Continue button.
Step10: In this step, the system will ask for the Traveler’s details. And the passenger fills the
details in the blank columns like first name, middle or last name etc.
Step11: Here user clicks on the check box at the end of the window. And passenger will click on
the “Make Payment” button.
Step12: Now the system will directs the passenger to the Make Payment window. This window
will show various options for making payments. User can choose the option which the passenger
finds fit like Credit card, Debit card and Netbanking.
Step13: Now the passenger will asked to fill necessary details to make payment and then click
on the make payment option at the end.
Step14: After entering the credit card details an OTP will receive on the registered mobile
number. Then enter that OTP to complete the payment processing and click on submit Button.
Step15: Now the system will finalize the transaction and take a while for this.
Step16: Now the system will show the confirmation of booking for the passanger. Here booking
has done completely. And user will also get confirmation on Email and mobile also.