Presented by: Kashif illahi E-commerce
Main points • What is E-commerce? • Who fascinated E-commerce? • Types of e-commerce applications, examples & their advantages & dis-advantages • Conclusion
What is E-commerce? • A universally accepted definition does not exist • Activity of exchanging goods and services with some kind of payment through electronic technology is called e-commerce.
Who fascinated E-commerce? • Internet has provided an opportunity to public & business sector to do business online. • New technology has also created new modifications in the e-commerce industry.
Types of e-commerce applications • Three main categories: • Business to consumer (B2C) • Business to business (B2B) • Consumer to consumer (C2C) • Other categories: • Mobile Commerce
B2C applications • Offer directly to the customer an interface of activity • Typical examples: • Online book store (e.g. amazon.com) • Online car purchasing (e.g. automall.com) • Multi products store (e.g olx.com.pk) • Also called online retail store
B2B applications • Transactions or commercial activities between two businesses over internet • Example: Purchase of raw material from a foreign company • The turnover is much greater than that of B2C applications.
C2C applications • Uses company or business as an intermediary. • Examples: • Ebay.com • Autotrader.com
Mobile commerce applications • Concern doing businesses by means of mobile wireless devices • Have a growing importance in the future of e-commerce applications • Has introduced completely new forms of electronic commerce • E.g. E-tickets
Advantages and Dis-advantages Advantages • Allow company to extend services to customers • Offer a wider choice and allow cheaper prices • Saves time. • May give to the company a worldwide visibility • Online shops are accessible 24h a day
Continue....... Dis-advantages • Data Security Problem • Product faults • Delay in performing a service • Loss of brand value due to unreliability of service or transmission of computer virus.
Conclusion • E-commerce is growing day by day • It can be improved by resolving problems • It will take time to expand all over the world….