electronic commerce n.
Skip this Video
Loading SlideShow in 5 Seconds..
Electronic Commerce PowerPoint Presentation
Download Presentation
Electronic Commerce

Loading in 2 Seconds...

play fullscreen
1 / 8

Electronic Commerce - PowerPoint PPT Presentation

  • Uploaded on

Electronic Commerce. Chapter 11 – Computers: Understanding Technology, 3 rd edition. Electronic Commerce. Electronic commerce, or e-commerce, is the buying and selling of products and services electronically over the Internet

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
Download Presentation

PowerPoint Slideshow about 'Electronic Commerce' - vilina

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
electronic commerce

Electronic Commerce

Chapter 11 – Computers: Understanding Technology, 3rd edition

November 17, 2008

electronic commerce1
Electronic Commerce
  • Electronic commerce, or e-commerce, is the buying and selling of products and services electronically over the Internet
  • Some businesses, such as Amazon.com, solely do business over the web whereas many traditional retailers (bricks-and-mortar companies) sell both at their physical locations and over the web

November 17, 2008

types of business to consumer e commerce
Types of Business to Consumer E-Commerce
  • Online shopping
  • Online services
  • Peer-to-peer transactions

November 17, 2008

advantages of online shopping to consumer
Advantages of Online Shopping to Consumer
  • No travel and can do at any time of the day or day of week
  • More selection
  • More product information available, either through the site or other sites
  • Ease of comparison shopping

November 17, 2008

shopping agents bots
Shopping Agents/Bots
  • At the web site of the shopping agent, you enter the name of the product and it returns the price charged by various online stores for that product, complete with links to the exact pages in online stores offering that product
  • Popular ones are BizRate, DealCatcher, MySimon, and Froogle
  • Such tools facilitate comparison shopping

November 17, 2008

advantages of online purchases to seller
Advantages of Online Purchases to Seller
  • Less employee time per customer or transaction
  • Reduced need for inventory
  • Larger potential customer base (but more competition – national or international market vs. local market)

November 17, 2008

online services
Online services
  • Online banking – electronic funds transfer reducing use of checks
  • Online loans – consumer and seller both have access to a national market rather than a local one
  • Investing – stock trades, research, portfolio analysis
  • Online travel
    • travel agencies (Expedia, Travelocity, Orbitz) which are solely online
    • most airlines now charge extra for paper ticket
    • Seat assignment and checkin via internet

November 17, 2008

peer to peer online transactions
Peer-to-Peer Online Transactions
  • Online auctions – eBay market value is 43.6B (General Motors 20.5B) (6/25/07)
    • Peer-to-peer because eBay is neither buyer nor seller
    • Rating system to build trust in the seller
  • Person-to-Person payment systems – PayPal, Google Checkout –
    • Seller need not have this credit card processing capability, which is expensive for small sellers due to monthly minimums
    • Seller need not provide secure web site (https) nor electronic shopping cart; both are provided by PayPal/Google Checout
    • Buyer supplies financial information (bank account or credit card) to PayPal or Google Checkout and this information is never transmitted to seller (thus buyer is more comfortable dealing with unfamiliar sellers)
  • Digital music distribution – post-Napster

November 17, 2008