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E-COMMERCE
What is E-commerce ?
E-commerce is defined as the use of electronic transmission medium to engage in the exchange including buying and selling of products and services requiring transportation , either physically or digitally for location to location.
A modern business methodology ... to cut costs while improving the quality of goods and services and increasing the speed of service delivery.
What is E-commerce ?
E-commerce can also be defined as any kind of business related activity transaction of tangible goods or intangible goods taking place over a computer network.
E-commerce is a composite of technologies processes and business strategies that promote the instant exchange of information with in and between the organizations thus EC strengthens relationship with buyer, makes it easier to attract new customers, improve customer responsiveness, and opens new market on a global scale.
Commerce refers to all the activities the purchase and sales of goods or services.
Marketing, sales, payment, fulfillment, customer service
Electronic commerce is doing commerce with the use of computers, networks and commerce-enabled software (more than just online shopping)
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E-commerce Vs E-Business
Electronic business, commonly referred to as "e Business" or "ebusiness", may be defined as the utilization of information and communication technologies (ICT) in support of all the activities of business. E business is a term used to describe businesses run on the Internet, or utilizing Internet technologies to improve the productivity or profitability of a business. In a more general sense, the term may be used to describe any form of electronic business that is to say, any business which utilizes a computer. (E-Commerce) is simply the buying and selling of goods and services on the Internet. E-commerce is one aspect of E-business. e-commerce typically focus on designing, implementing and using Web-based systems to market specific goods and services over the Internet.
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Need of E-commerce
Technology enabled Interactivity Information delivery Digital content Inter disciplinary in nature
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Features of E-commerce
Information delivery
Digital content Inter disciplinary in nature
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Advantage of E-commerce
Being able to conduct business 24 X 7 X 365 Expanse in Market size Availability of current information Better customer service Reduction in costs
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E-commerce applications
Supply
chain management Video on demand Remote banking Procurement and purchasing Online marketing and advertisement Home shopping Auctions
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Ecommerce infrastructure
Information
superhighway infrastructure
Internet, LAN, WAN, routers, etc. telecom, cable TV, wireless, etc.
Messaging
Common
business infrastructure
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Attract customers
Advertising, marketing Catalog, negotiation Order capture Payment Transaction Fulfillment (physical good, service good, digital good) Customer service Order tracking
4.
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Tier 1
Tier 2
Tier 3
Tier N
DMS
Client
Web Server
Application Server
Database Server
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E-commerce Technologies
Internet Mobile technologies Web architecture Component programming Data exchange Multimedia Search engines Data mining Intelligent agents
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The World Wide Web (WWW) part of the Internet and allows
users to share information with an easy-to-use interface Web browsers, web servers, HTTP, HTML
speeds depend on telecommunication bandwidth which is limited to developed countries Cost of technological solution is very high Lack of security of information and there always a possibility that hackers can make unauthorized access to digitized information and electronic records. Integration of information technology with business system is difficult technical task.
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of awareness about E-commerce technology among masses of economically under developed and developing economies. Lack of customer confidence Cultural and linguistic differences Resistance to change In many business there is lack of initiative on part of the management to e-commerce technology
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of ability to inspect products from remote locations Rapid developing pace of underlying technologies Difficult to calculate return on investment Cultural and legal impediments
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E-commerce Sites
Auction
websites- WWW.ebay.in ,www.priceline.in On line real estate applicationwww.99acre.com,www.magicbricks.com Online banking-www.icicibank.com, www.onlinesbi.com Online stock trading-www.sharekhan.com, www.indiabulls.com Service Industry: www.makemytrip.com,www.yatra.com
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THANK YOU
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