Professional Documents
Culture Documents
E-Commerce: in Indian Scenerio
E-Commerce: in Indian Scenerio
E-commerce
In Indian Scenerio
Submitted for the Fulfillment
of +3 3rd Year,6th Semester Examination
Submitted by:-
Name:-Roshan Mohanty
Roll no:-BC-18-139
University roll no:- 1803010190080073
Guided By:-
Miss Anandita Bosu
Department of Commerce, Rajdhani
College,Sec.2018-2021, Bhubaneswar
1 Signature of Student
3
Miss Anandita Bosu
(Department of Commerce)
Rajdhani College, Bhubaneswar
Declaration
I do hereby declare that the
dissertation entitled "Rise Of E-
commerce in Indian Scenerio"
Submitted by me " Roshan
Mohanty " as a partial fulfillment
of the requirement for the Degree
of Under Graduate in commerce (
B.com), Rajdhani college, it is
original piece of research work
done by me under the guidance of
"Miss Anindita Bosu" as my faculty
guide and has not been submitted in
any university/institution for the
award of any other degree else
were in full or in part.
4
date:- 25.06.2021
Place:-Bhubaneswar
Abstract
In today's fast thinking business environment it's
extremely important to be able to respond to
clients needs in the most effective and timely
manner if your customers wish to see your
business online and have instant access to your
products and services. Online shopping is a
lifestyle e commerce with application which
retails various fashion and lifestyle products this
project allows viewing various products available,
enable registered users to purchase desired
product instantly using various payment options
and can also place order by using cash on delivery
this project provide an easy access to administer
and manages to view orders placed using pay later
and instant pay options. In order to develop an e
commerce website a number of technology must
be studied and understood this includes
multitiered architecture ,surver and client site
scripting techniques implementation techniques
such as Asp ,Net, programming language and
data bases .This is a project with the objective to
19 information to customers on
products and services and more. AI
and machine learning algorithms
can efficiently forecast this
information
taking in a customer’s search
history and other third-party data.
This can lead to effectively
proposing applicable information
and solutions to satisfy customer
needs.
The Cloud:-
You will be hard-pressed to find a
successful business that does not
have at least one aspect of their
business operations posted on the
cloud. Managing and processing
data in the cloud is essential for
the instant access of data by
anyone who needs it, on any
device. Especially for e-commerce
businesses, a cloud ERP can
improve delivery speeds, make
20 your store more adaptable, and
bring about business stability and
growth.
Chatbots:-
Recognized for their customer
satisfaction rates and wide-scale
availability, chatbots have pivoted
from limited use in call centers to
wide-spread e-commerce website
applications. Rather than asking
questions and providing
information to those over the
phone, e-commerce websites that
utilize chatbots can provide a
variety of services and solutions.
1.24/7 assistance:-
Many businesses cannot provide
answers exactly when a potential
customer is searching for
them.Additionally, customers may
be frustrated when put on hold
21 because a business does not have
the staff to answer and tend to a
high volume of customers.
Chatbots are available 24/7, day
and night, to provide any answers
and solutions a potential customer
may inquire about.
2.Respond to queries:-
Built into a chatbot’s algorithm is
what is called a decision tree.
Decision trees use machine and
deep learning to automate complex
business processes, essentially
developing, maintaining, and
always expanding upon a
comprehensive network of if/then
statements.
By addressing commonly asked
questions and concerns from
29
on the ecommerce platform.This is one
of the best opportunities sellers will get
to showcase their products to large
audiences.
Amazon has operations in many
countries, making it easy for the
customers to shop from anywhere in
the world. By analyzing the shopping
experience, this has made clear
thoughts on the scope of ecommerce
success ratio. Amazon believes in pure
customer satisfaction and customer
service. Amazon marketplace has
clear transparency about the products
and the deals that are offered to the
customers.
The future of ecommerce in india is
really going to have big growth
potential in all the categories of items
The user experience is very good in all
e-commerce websites if they continue
to provide best customer support in
the customer’s online shopping
journey.
32
requiring assessment of many factors.
Except the considerations for
association a domain with the name of
a brand
and the meaning of the domain in
the process of the website
optimization, there are also legal
aspects whose neglecting or
ignorance can have serious
consequences in the future.
The chosen name must not be
similar or like to the name of
registered trademarks, especially
of well-known trademarks.
Registering a domain that is close
or similar to the name brand is
considered an offense known as
"cybersquating". In the Internet
there are different databases,
where domains can be checked for
a similarity with registered
trademarks.On the website of the
World Intellectual Property
33 Organization can be found a public
database facilitating searching into
registered trademarks here
2. Website:-
The well optimized and functional website with
friendly user interface plays a key role for the
success of the e–commerce. The contract for its
creation should cover a wide range of legal issues.
Firstly, the contract or the enclosed Terms of
reference should set out clearly, in details, the
company’s requirements regarding the website -
functional and performance requirements and in
terms of whole visible content ( video, images, music
or text referred as components of design). Other
important issues in the contract are clauses for tests
and warranty period for debugging, assigning rights
and responsibility for the actions of subcontractors
(if any) provisions for disclosure of confidential
information made known to the contractor in
connection with the creation of the website, clauses
for warranties and liability for failure, and others
depending on the specifics of the contract.
3. Rights of Intellectual Property :-
By creating an e-commerce website emerged a new
object of intellectual property and all copyrights and
related rights with regard to their use in the website
must be clearly stipulated in the contract. The owner
34
of the website should receive right to use the website
without restriction in time and scope, to make
changes in it, the right to update and improve
website without limitations, depending of the
changing business needs and conditions.
Discussion and conclusion
Discussion:-
Advantages of E-commerce
1.Ecommerce gives the dealers a worldwide
reach. They evacuate the hindrance of the spot
(topography). Presently vendors and purchasers
can meet in the virtual world, without
obstruction of the area.
2.Electronic commerce will considerably bring
down the exchange cost. It takes out many fixed
expenses of keeping up physical shops. This
enables the organizations to appreciate a lot of
higher edge of benefit.It furnishes fast
conveyance of merchandise with next to no
exertion on part of the client. Client grievances
are additionally tended to rapidly. It likewise
spares time, vitality and exertion for both the
purchasers and the organization.
4.One other extraordinary advantage is the
comfort it offers. A client can shop 24×7. The site
is practiced consistently, it doesn’t have working
hours like a shop.
5.Electronic commerce additionally enables the
35
client and the business to be in contact with
straightforwardly, with no mediators. This takes
into consideration fast correspondence and
exchanges. It additionally gives an important
individual touch.
Disadvantages of e-commerce
1.The start-up expenses of the
ecommerce gateway are extremely
high. The arrangement of the
equipment and the product, the
preparation cost of representatives,
the consistent support and upkeep are
on the whole very costly.
2.In spite of the fact that it might
appear to be a slam dunk, the
ecommerce industry has a high danger
of disappointment. Numerous
organizations riding the website wave
of the 2000s have bombed wretchedly.
The high danger of disappointment
stays even today.
4.Security is another zone of concern.
Recently, we have seen numerous
security breaks where the data of the
clients were taken. Charge card
*BOOKS*
Dr. CS Rayudu, E-commerce & E-
Business. Himalayan publication.
ARTICLES.
M.Ganesh: Banking in the E- business era.
Newspapers:
Economic Times.
Times Of India.
38 Electronic Sources:
www.Flipkart.com
www.sifymall.com
www.commerce.net.ding