E-Commerce in India

Emergence of E-commerce and it’s

Meaning
E-commerce (electronic commerce) is the buying and selling of goods and
services, or the transmitting of funds or data, over an electronic network, primarily
the internet. These business transactions occur either as business-to-business (
B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-
business.
History E-commerce Around the World
 The concept of electronic commerce first came in the year 1991, a time when the
Internet was not available in India. However, by the late 90s, more and more people
became aware of the Internet and they came to know that transactions can be done
through this medium.
 For most Indians, it remained a luxury until a few years ago. In 2002, when the IRCTC
launched an online reservation system, the public started accepting the Internet as
something useful. People came to know about the global leader Amazon and this
marked the emergence of e-commerce in India.
TYPES OF ECOMMERCE IN INDIA

 BUSINESS-TO-CONSUMER (B2C):

It is the model taking businesses and consumers interaction. The basic

concept of this model is to sell the product online to the consumers.

B2c is the direct trade between the company and consumers. It provides direct
selling through online. For example: if you want to sell goods and services to
customer so that anybody can purchase any products directly from supplier's
website.
  BUSINESS-TO-BUSINESS (B2B)

B2B stands for Business to Business. It consists of largest form of

Ecommerce. This model defines that Buyer and seller are two different entities. It
is similar to manufacturer issuing goods to the retailer or wholesaler. 

E.g.:-Dell deals computers and other associated accessories online but it is

does not make up all those products. So, in govern to deal those products, first
step is to purchases them from unlike businesses i.e. the producers of those
products.
 BUSINESS-TO-EMPLOYEE (B2E)

Business-to-employee (B2E) electronic commerce uses an intrabusiness

network which allows companies to provide products and/or services to their
employees. Typically, companies use B2E networks to automate employee-
related corporate processes.

 CONSUMER-TO-CONSUMER (C2C)

There are many sites offering free classifieds, auctions, and forums where
individuals can buy and sell thanks to online payment systems like PayPal where people
can send and receive money online with ease. eBay's auction service is a great example of
where person-to-person transactions take place everyday since 1995.
E-Shopping

Online shopping is a form of electronic commerce which allows

consumers to directly buy goods or services from a seller over the Internet
 using a web browser or a mobile app. Consumers find a product of
interest by visiting the website of the retailer directly or by searching
among alternative vendors using a shopping search engine, which
displays the same product's availability and pricing at different e-retailers.
As of 2020, customers can shop online using a range of different
computers and devices, including desktop computers, laptops, 
tablet computers and smartphones
E-Learning

 In today's time, e-learning has become the most important part of

our lives. The coronavirus pandemic has pushed all schools and
colleges to teach online. While e-learning has existed for many
years now, its importance was highlighted particularly amidst the
pandemic and will continue to remain so. Teachers have
increasingly adopted e learning to teach their students and are
continuously evolving with new technological advancements.
  TopperLearning has always strived to bring innovation in learning
to students.
Food delivery

 Online food ordering is the process of ordering food from a website or other
application.
 The product can be either ready-to-eat food (e.g., direct from a home-kitchen,
restaurant, or a ghost kitchen) or food that has not been specially prepared for
direction consumption (e.g., vegetables direct from a farm/garden, fruits, frozen
meats. etc).
E-Payment

 Online shoppers commonly use a credit card or a PayPal account in order to

make payments. However, some systems enable users to create accounts and
pay by alternative means, such as:
 Billing to mobile phones and landlines

 Debit card
 Electronic money
 Gift cards
PROS
 ON CUSTOMER
 ON TRADITIONAL BUSINESS & ONLINE BUSINESS
A] ELIMINATION OF MIDDLEMAN
B] HIGHER PROFIT
C] GLOBAL MARKET PLACE
 ON SOCIETY
A] USE OF INTERNET
B] TECHNOLOGICAL AWARENESS
C] EASY TO COMPARE THE PRICE
 CONS
 LACK OF PERSONAL TOUCH
 SECURITY ISSUE
 JOBS ARE IN DANGER
 EXTENDED DELIVERY TIME
 COMPLEXITY IN TAXATION, RESOLUTION & COMPLIANCES