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E Commerce

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20 views

E Commerce

Uploaded by

Huma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 6

OIL Task 1

E-COMMERCE

-LALRUATMAWIA TOCHHAWNG
TABLE OF CONTENTS

Slide 1 —------------------------------------------------------------------------------------------------------------- What is E-Commerce ?

Types of E-Commerce and its


basic operating models

Slide 2 —------------------------------------------------------------------------------------------------------------- Types of E-Commerce contd.

Example of E-Commerce

Slide 3 —------------------------------------------------------------------------------------------------------------- Advantages and disadvantages

Key components of E-Commerce


WHAT IS E-COMMERCE?
Electronic commerce (e-commerce) involves businesses and individuals purchasing and selling
products and services online. It functions across various market segments and can be carried out using
computers, tablets, smartphones, and other smart devices.

Virtually any product or service can be bought or sold through e-commerce, including books, music,
airline tickets, and financial services like stock trading and online banking.

TYPES OF E-COMMERCE AND ITS BASIC OPERATING MODELS


B2B (Business -to-Business) B2C (Business -to-Customer) C2C (Customer -to-Customer)
A website following the B2B A website following the B2C A website following the C2C
business model sells its products business model helps consumers to
business model sells its products to
directly to a customer. A customer sell their assets like residential
an intermediate buyer who then can view the products shown on property, cars, motorcycles, etc., or rent
sells the product to the final the website. The customer can a room by publishing their information
customer choose a product and order the on the website. Website may or may
same. not charge the consumer for its
services.

1
TYPES OF E-COMMERCE AND ITS BASIC OPERATING MODELS

C2B (Customer -to-Business) B2G (Business -to-Government) G2B (Government -to-Business)


In this model, a consumer B2G model is a variant of B2B
model. Such websites are used by Governments use B2G model
approaches a website showing websites to approach business
multiple business organizations for a governments to trade and exchange
organizations. Such websites support
particular service. The consumer information with various business auctions, tenders, and application
places an estimate of amount he/she organizations. Such websites are submission functionalities.
wants to spend for a particular accredited by the government and
service.
provide a medium to businesses to
submit application forms to the
government.

EXAMPLE of E-Commerce
Amazon is a giant in e-commerce, recognized as the world's largest online
retailer and continuing to expand. It significantly disrupts the retail industry,
prompting many major retailers to rethink their strategies.

Founded by Jeff Bezos in 1994 as an online bookstore, Amazon has grown to offer a wide range of products,
including clothing, housewares, power tools, food and drinks, and electronics. Company sales increased by 9% in
2022 from the previous year, totaling $513.98 billion compared to $469.82 billion in 2021. Amazon's operating
income dropped from $24.88 billion in 2021 to $$12.25 billion in 2022.
2
ADVANTAGES DISADVANTAGES
- Convenience: E-commerce operates 24/7. - Limited Customer Service: Online shopping lacks
the in-person assistance of a physical store.
- Increased Selection: Online stores often offer a
wider range of products. - Lack of Instant Gratification: Online purchases
require waiting for delivery.
- Potentially Lower Start-up Cost: E-commerce
businesses generally do not require a physical - Inability to Touch Products: Online images may
storefront, reducing overall costs. not fully represent an item, leading to
dissatisfaction when products do not meet
- International Sales: E-commerce stores can sell to expectations.
customers worldwide as long as they can ship to
them - Reliance on Technology: If the site crashes or
requires downtime, the business is effectively closed
- Easier to Retarget Customers: Digital storefronts until it is restored.
make it easier to attract customers' attention with
targeted advertisements, marketing campaigns, or - Higher Competition: The low cost of entry for
pop-ups. e-commerce means many competitors can easily
enter the market.

KEY COMPONENTS OF E-COMMERCE


Online storefronts Electronic payment Online marketing Supply chain Security and
and presence systems (SEO, E-mail) management privacy

3
THANK YOU

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