E-COMMERCE

ARANGED BY :
Imanuella Christin Ering
Varlen Mangeteke
 CHAPTER II DISCUSSION
• Understanding E-COMMERCE
E-commerce, short for "electronic commerce," is a term used to
describe the process of buying, selling, and exchanging products or
services over the internet or other electronic platforms. This includes
different types of transactions, from physical product purchases to
digital services such as ticket booking or music downloads. E-
commerce has become an essential part of modern business, allowing
consumers to shop online with greater convenience and ease.
. History of E-COMMERCE Development
E-commerce has seen significant growth over its history. Key milestones
include:
• 1960s-1980s: Basic electronic data exchange between companies initiated e-
commerce.
• 1990s: The World Wide Web's emergence paved the way for e-commerce.
Amazon.com, an early online bookstore, launched in 1994.
• 2000s: Rapid e-commerce expansion, fueled by internet advancements,
secure online payments, and companies like eBay and PayPal.
• 2010s: Mobile tech and social media boosted e-commerce familiarity.
Alibaba and JD.com gained global recognition.
• 2020s: COVID-19 spurred e-commerce growth, pushing more consumers
online. Platforms like Amazon, Shopify, and social commerce on Instagram
and Facebook Shops became dominant trends.
 Use of E-COMMERCE

• E-commerce offers convenient, round-the-clock shopping from

anywhere. It provides an extensive selection of products and services
from various sellers and brands. Secure online payments can be made
through different methods like cards, transfers, or digital wallets.
Customers can effortlessly compare prices and features. Many e-
commerce platforms provide swift and even international shipping.
Reviews and recommendations from fellow shoppers assist in
decision-making. Returning products is typically hassle-free for
unsatisfied customers. For sellers, e-commerce enables global reach
and cuts down on physical store expenses.
 Benefits of E-COMMERCE
• E-commerce enables easy online shopping without the need for
physical stores. It offers convenient access to a diverse range of
products from various brands. The platform provides efficient search,
filter, and category options for product selection. Secure payment
methods ensure safe transactions. Delivery options, including fast
shipping, are available. Product reviews aid in informed decision-
making. Sellers can reach a global audience without a physical store.
Data analytics help optimize business strategies. E-commerce
accelerates business growth through broader market reach and lower
operational costs.
 CHAPTER III COVER
• . Conclusion
Commerce stands for "electronic commerce," which refers to the process of buying and selling goods
or services over the internet. Conclusions about e-commerce can vary depending on the context, but
some important points are: Ease of Access: E-commerce has given consumers easy access to shop
online, anytime and anywhere, without having to go to a physical store. Rapid Growth: E-commerce
has experienced rapid growth over the past few years and continues to thrive with technological
innovations. Fierce Competition: The e-commerce market is highly competitive, with many large and
small players competing for consumer attention. Security and Privacy: Data security and privacy are
major concerns in e-commerce, both for consumers and enterprises. Influence On Conventional
Business: E-commerce has changed the way conventional businesses operate, with many companies
seeking to diversify their presence online. Shipping and Logistics: Shipping and logistics play a key
role in e-commerce, focusing on fast and efficient delivery to customers.
THANK YOU