E-COMMERCE
PRESENTED BY:
Chander kiran
OVERVIEW OF E-COMMERCE
Meaning of E-Commerce
Origination or Birth
Benefits of E-Commerce
Limitations of E-Commerce
E-Commerce Explanation through Diagram
Role of E-Commerce
OVERVIEW
E-Commerce Networking
Difference between E-Commerce and E-
Business
Characteristics of E-Commerce
Scope of E-Commerce
Conclusion of E-Commerce
WHAT IS E-COMMERCE?
E commerce commonly known as Electronic-
Commerce consist of buying and selling of
products or services over electronic systems such
as internet and other computer networks.
Commerce is a communicative transaction
between the buyer and seller. For e-commerce to
occur both the parties should have a basic
understanding of how the transaction is
generally suppose to flow.
ORIGINATION OF BIRTH
BENEFITS OF E-COMMERCE
BENEFITS TO ORGANIZATIONS
Expands a company’s marketplace to national
and international markets.
Lowers telecommunications costs because the
Internet is much cheaper than VANs.
Helps small businesses to compete against
large companies.
BENEFITS TO CUSTOMERS
Frequently provides less expensive products and
services by allowing consumers to conduct quick
online comparisons.
Enables customers to shop or make other
transactions 24 hours a day, from almost any
location.
Delivers relevant and detailed information in
seconds.
BENEFITS TO SOCIETY
Enables individuals to work at home and to do less
traveling, resulting in less traffic and lower air pollution.
Allows some merchandise to be sold at lower prices,
thereby increasing people’s standard of living.
Enables people in developing countries and rural areas to
enjoy products and services that are otherwise not
available.
This includes opportunities to learn professions and earn
college degrees, or to receive better medical care.
LIMITATIONS OF E-COMMERCE
TECHNICAL LIMITATIONS
Insufficient telecommunications bandwidth.
Expensive and/or inconvenient Internet
accessibility for many would-be users
Lack of universally accepted standards for
quality ,security, and reliability.
NON-TECHNICAL LIMITATIONS
Lack of national and international government
regulations and industry standards.
Many sellers and buyers waiting for EC to
stabilize before they take part.
An insufficient number of sellers and buyers
exists for profitable EC operations.
E-COMMERCE WITH DIAGRAM
ROLE OF E-COMMERCE
E Commerce that is conducted between business
is referred to B2B or business to business.
E Commerce has changed over the last 30 years.
Originally ecommerce meant the facilitation of
commercial transactions electronically, using
technology such as Electronic Data Interchange
(EDI) and Electronic Funds Transfer (EFT).
Currently there are 67 Fortune 1000 companies
that have ecommerce revenue greater than $10
million.
E-COMMERCE NETWOKING
A user executing a transaction creates many
network connections within an E-commerce site.
These connections pass through a series of
devices that define the building blocks of the E-
Commerce Framework Architecture. Each of these
devices provides different services that are
necessary to make an E-commerce site
successful.
E- COMMERCE NETWORKING
DIFFERENCE BETWEEN E-COMMERCE
& E-BUSINESS
Compared with E-Commerce, E-Business is a
more generic term; it refers not only to
information exchanges related to buying and
selling but also to servicing customers and
collaborating with business partners, distributors
and suppliers.
E-Business encompasses sophisticated B2B
interactions and collaboration activities at a level
of enterprise applications and business process.
CHARACTERISTICS OF E-BUSINESS
E-Business is about integrating external company
with an organization’s internal business process-:
Collaborative product development.
Collaborative planning, forecasting and
replenishment.
Procurement and order
management.
Operations and logistics.
SCOPE OF E-COMMERCE
Latest statistics reveals that 400 million people
access internet regularly in India that is jump of
700 % in last 6 years.
Internet users as of now comprise of only 3.6 %
of the population. Now you can imagine the scope
of INTERNET MARKETING IN INDIA.
CONCLUSION
The point of this document is the core
functionality of the system, so consequently there
are a number of areas that could use
improvement.
* Maintainability
* Order Integrity
* Navigation
* Order Security
* Customer Satisfaction.
