The presentation was prepared by me during my second semester of bcom pursued under the purview of GNDU University, amritsar. This pdf covers the aspects related to e-commerce such as its history,benefits, drawbacks,types,future trends,as well as its impact on traditional retail trade. BTW if you need any assistance related to the pdf and its project material feel free to reach me on my mail ie;- sheikhnumii@gmail.com

1. • EMERGENCE OF E-COMMERCE
• PREPARED BY:- NUMAN JAVAID
• UNIVERSITY ROLL.NO:-10852229827
• COLLEGE ROLL.NO:- 222331

2. ✓ Contents:-
1.Definition of E – Commerce
2.Brief history of E – Commerce
3.Types of E – commerce
4.Growth of E – commerce
5.Benefits of E-commerce
6.Drawbacks / challenges of E – commerce
7.E- commerce v/s Traditional retail.
8.Impact of E – commerce on traditional retail.

3. WHAT IS E–COMMERCE ?
 E-commerce (electronic commerce) is the activity of
electronically buying or selling of products on online
services or over the Internet
 E-commerce typically uses the web for at least a part of
a transaction’s life cycle although it may also use other
technologies such as e-mail.

4. HISTORY OF E-COMMERCE
 E-Commerce started approximately 40 years ago as a standard
exchange of business documents such as orders or invoices from
suppliers and business customers. Back then, many industries
elaborated upon a system that pertained to the interchanging data
between one computer to another, and that’s how eCommerce was
born.
 The history of eCommerce is closely related to the history of the
internet, and online shopping only became possible when the
internet was opened to the public in 1991.
 One of the first ecommerce sites was Amazon, which started in 1995
as an online bookstore but grew to become the largest online
retailer in the world

5. ✓ TYPES OF E-COMMERCE:-

6. ✓GROWTH OF E-COMMERCE
 According to statistics,E-commerce sales have reached Almost US 5 trillion dollars in the year 2021
and are expected to reach US 6.5 trillion dollars in 2023.Thus there is a rise of almost 21% in sales
through E-commerce in just a span of two years which is massive and the numbers are expected
to rise significantly in the near Future.

7. ✓BENEFITS OF E-
COMMERCE
1. Lower prices
2. Faster and easier
buying
3. No unfriendly
sellers
4. Availability 24/7
5. Availability of
information
6. A wide range of
goods and services

8. ✓DRAWBACKS OF
E-COMMERCE
1. Lackof personal touch:- E-
commerce sales are done over the
internet thus resulting in a lack of
personal touch of entrepreneurs.
2. Expectationvs reality:-Customers
don’t actually get the desired quality of
products which they had expected.
3.Lackof sequirity:- There is an
increased risk of fraud and scams
which may steal users personal and
financial information.
4. Shippinghassles:-Through E
commerce there are delivery delayed
issues which need prompt attention.
5. increased Marketingcost:- The
increase in new technologies has led to
the increased of cost through sales on
online platforms.

9. E- commerce vs traditional retail
1. It refers to buying and
selling of goods and services
over the internet.
2. It is available 24/7.
3. It has global reach.
4. It is an automatic process.
5. Delivery of goods takes
time.
1. It refers to buying and selling of
goods and services physically.
2. It has limited/specified time
frame.
3. It is related to a particular area.
4. It is a manual process.
5. Delivery of goods is done
instantly.
Traditional
retail
E-Commerce

10. Impact of e-commerce on
traditional retail.
E-commerce has dramatically altered
retail in the last two decades, with online
sales growing from 0.63 percent of total
retail sales in 1999 to 13.3 percent in 2021.
E- Commerce is forcing traditional business
ventures to adopt modern sophisticated
technology.
The impact of E commerce over traditional
retail is so big that now reatilers only sell
those products that perform well in the
digital world.
Today we can say that E commerce is
slowly but surely winning the battle against
traditional method of retail trading.
4 KEY POINTS