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What is E-Commerce?

What is E-Commerce?. E-Commerce (electronic commerce) is the buying and selling of goods and services on the Internet. Examples of E-Commerce Buying and Selling of Products. Examples of E-Commerce. Payment with Credit Card . Types of E-Commerce. Business-to-consumer e-commerce (B2C)

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What is E-Commerce?

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  1. What is E-Commerce? • E-Commerce (electronic commerce) is the buying and selling of goods and services on the Internet.

  2. Examples of E-Commerce Buying and Selling of Products.

  3. Examples of E-Commerce Payment with Credit Card.

  4. Types of E-Commerce • Business-to-consumer e-commerce (B2C) • Connects individual consumers with sellers , cutting out the middleman • E.g. Amazon.com • Business-to-business e-commerce (B2B) • Supports business transactions on across private networks, the Internet, and the Web • Consumer-to-consumer e-commerce (C2C) • Connects individual sellers with people shopping for used items • E.g. ebay.com

  5. Banking transaction

  6. Advertisement of Product and Services

  7. Identify the range of uses of E-Commerce. E-Commerce has many uses in the company and in small business.

  8. Electronic Funds Transfer

  9. Supply chain management

  10. Internet Marketing

  11. Online transaction processing

  12. Electronic Data Interchange.

  13. Inventory Management System

  14. Types of E-Commerce Electronic commerce is generally considered to be the sales aspect of E-Business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions.

  15. Document delivery in supply chain and logistics It is the sending of documents using the internet in soft copies to make the delivery faster and efficient.

  16. Domestic and international payment systems International payment systems, including cash, checks and other drafts, electronic transfers, and credit cards can be used through the internet.

  17. Group buying Group buying, also known as collective buying obtains products and services at significantly reduced prices on the condition that a minimum number of buyers agree to make the purchase.

  18. Automated online assistants An automated online assistant is a program that uses artificial intelligence to provide customer service or other assistance on a website.

  19. Online shopping When a business buys from another business it is called business-to-business (B2B)online shopping.

  20. Online banking Online banking is a computerized service that allows a bank's customers to get online with the bank to view the status of their account, transfer funds and transaction history.

  21. Teleconferencing A conference between persons remote from one another but linked by an internet ,where they conduct business.

  22. Electronic tickets A booking, especially for air travel, is made on the internet. No paper ticket is issued to the customer.

  23. Benefits of E-Commerce • Overcome Geographical Limitation • Gain New Customers with Search Engine visibility • Lower Costs • Locate the Product Quicker • Eliminate travel time and cost • Provide comparison shopping • Enable Deals, Bargains and Group Buying • Remain Open All the Time

  24. END OF PRESENTATION

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