Professional Documents
Culture Documents
A Project Report
Submitted By
Harshit Diwan – 2014110616
BACHELOR OF TECHNOLOGY
In
COMPUTER SCIENCE AND ENGINEERING
For
2022-23
BHARATI VIDYAPEETH (DEEMED TO BE UNIVERSITY)
COLLEGE OF ENGINEERING, PUNE- 43
CERTIFICATE
This is to certify that the Project Based Learning report titled Sentence Auto Complete , submitted by
HARSHIT DIWAN(2014110616) SOUMYA JAIN(2014110625) RAJEEV ROY(2014110646), to the
Bharati Vidyapeeth (Deemed to be University), College of Engineering, Pune -
43 for the award of the degree of BACHELOR OF TECHNOLOGY in Computer Science and
Engineering is a bonafide record of the PBL work done by him/them under my supervision.
Date:
Index
Sr.No. Title Page No.
1. Introduction of Topic
1.1 Justification of Topic
2. Literature study of Topic
3. Methodology Used
4. Snapshot of
Implementation Result
5. Advantages and
Disadvantages of Topic
6. Application of Topic
7. Conclusion
ABSTRACT
A website that allows people to buy and sell physical goods, services, and digital products over
the internet rather than at a brick-and-mortar location. Through an e-commerce website, a
business can process orders, accept payments, manage shipping and logistics, and provide
customer service.
An e-commerce website is one that allows people to buy and sell physical goods, services, and
digital products over the internet rather than at a brick-and-mortar location. Through an e-
commerce website, a business can process orders, accept payments, manage shipping and
logistics, and provide customer service.
It’s tough to imagine daily life without e-commerce. We order food, clothes, and furniture; we
register for classes and other online services; we download books, music, and movies; and so
much more. E-commerce has taken root and is here to stay.
The term “e-commerce” simply means the sale of goods or services on the internet. In its most
basic form, e-commerce involves electronically transferring funds and data between 2 or more
parties. This form of business has evolved quite a bit since its beginnings in the electronic data
interchange of the 1960s and the inception of online shopping in the 1990s.
In recent years, e-commerce has enjoyed a massive boost from the rise of smartphones, which
allow consumers to shop from nearly anywhere.
Introduction of Topic
Much like a traditional physical retail store, e-commerce websites allow consumers and
businesses to buy and sell to one another on a designated platform. The main difference between
e-commerce and physical commerce, however, is that e-commerce transactions occur entirely
over the internet rather than at a brick-and-mortar location.
The scope of e-commerce is vast, but the types of sites that host electronic transactions can be
broken down according to the parties involved.
Take payments
There should be a seamless transition from your website to a payment gateway. Typically,
payment gateways allow customers to:
As a seller, your goal is to ensure that customers receive the right product on time and in perfect
condition. To help this process along, you can either handle shipping and logistics yourself or use
a third-party provider. No matter which method you choose, your website should be able to
initiate the process accurately and consistently.
Your site will also need to have a process in place for accepting returned items. Also known as
reverse logistics, this process is just as important as shipping outbound goods.
Accept orders
If you’re running a business that sells a product, your e-commerce site must be able to accept
orders from your customers. This process can be more complex than you might expect. For each
order, your site will need to:
Take payments
There should be a seamless transition from your website to a payment gateway. Typically,
payment gateways allow customers to:
As a seller, your goal is to ensure that customers receive the right product on time and in perfect
condition. To help this process along, you can either handle shipping and logistics yourself or use
a third-party provider. No matter which method you choose, your website should be able to
initiate the process accurately and consistently.
Your site will also need to have a process in place for accepting returned items. Also known as
reverse logistics, this process is just as important as shipping outbound goods.
A customer or buyer persona is a fictionalized version of your ideal customer. This persona can
help you predict customer behavior and understand your future clients more deeply. Factors you
might want to consider when developing a persona are age, location, income level, and personal
goals or values. Whether you build detailed personas or not, keeping these qualities in mind can
help you predict your real customers’ online presence and marketing preferences.
When validating your product, you should come away with a firm understanding of the costs
you’ll face as a business owner. For e-commerce sellers, you often have more flexibility in your
pricing since you won’t have the cost of a storefront or, in the case of digital products, warehouse
and manufacturing expenses.
1. Purchasing a domain.
2. Choosing a website builder.
3. Mapping out your site
4. Designing your aesthetic.
5. Building out your pages. .
6. Connecting your payment processor. Make sure your website can accept payments before
you launch.
7. Optimizing your SEO.
8. Launching your e-commerce store. .
Advantages
Disadvantages
Ecommerce has numerous applications in this sector. E-retailing is basically a B2C, and in some
cases, a B2B sale of goods and services through online stores designed using virtual shopping
carts and electronic catalogs. A subset of retail ecommerce is m-commerce, or mobile commerce,
wherein a consumer purchases goods and services using their mobile device through the mobile
optimized site of the retailer. These retailers use the E-payment method: they accept payment
through credit or debit cards, online wallets or internet banking, without printing paper invoices
or receipts.
Online Marketing
This refers to the gathering of data about consumer behaviors, preferences, needs, buying
patterns and so on. It helps marketing activities like fixing price, negotiating, enhancing product
features, and building strong customer relationships as this data can be leveraged to provide
customers a tailored and enhanced purchase experience.
Finance
Banks and other financial institutions are using e-commerce to a significant extent. Customers
can check account balances, transfer money to other accounts held by them or others, pay bills
through internet banking, pay insurance premiums, and so on. Individuals can also carry out
trading in stocks online, and get information about stocks to trade in from websites that display
news, charts, performance reports and analyst ratings of companies.
Manufacturing
Supply chain operations also use ecommerce; usually, a few companies form a group and create
an electronic exchange and facilitate purchase and sale of goods, exchange of market
information, back office information like inventory control, and so on. This enables the smooth
flow of raw materials and finished products among the member companies and also with other
businesses.
Online Booking
This is something almost every one of us has done at some time – book hotels, holidays, airline
tickets, travel insurance, etc. These bookings and reservations are made possible through an
internet booking engine or IBE. It is used the maximum by aviation, tour operations and hotel
industry.
Online Publishing This refers to the digital publication of books, magazines, catalogues, and
developing digital libraries.
Digital Advertising
Online advertising uses the internet to deliver promotional material to consumers; it involves a
publisher, and an advertiser. The advertiser provides the ads, and the publisher integrates ads into
online content. Often there are creative agencies which create the ad and even help in the
placement. Different types of ads include banner ads, social media ads, search engine marketing,
retargeting, pop-up ads, and so on.
Auctions
Online auctions bring together numerous people from various geographical locations and enable
trading of items at negotiated prices, implemented with e-commerce technologies. It enables
more people to participate in auctions. Another example of auction is bidding for seats on an
airline website – window seats, and those at the front with more leg room generally get sold at a
premium, depending on how much a flyer is willing to pay.
E-Commerce is all around us today, and as an entrepreneur, you should also get into this realm if
you want to expand your markets, get more customers and increase your profitability.
Conclusion
In general, today’s businesses must always strive to create the next best thing that consumers will
want because consumers continue to desire their products, services etc. to continuously be better,
faster, and cheaper. In this world of new technology, businesses need to accommodate to the
new types of consumer needs and trends because it will prove to be vital to their business’
success and survival. E-commerce is continuously progressing and is becoming more and more
important to businesses as technology continues to advance and is something that should be
taken advantage of and implemented.
From the inception of the Internet and e-commerce, the possibilities have become endless for
both businesses and consumers. Creating more opportunities for profit and advancements for
businesses, while creating more options for consumers. However, just like anything else, e-
commerce has its disadvantages including consumer uncertainties, but nothing that can not be
resolved or avoided by good decision-making and business practices.