This document discusses electronic commerce (e-commerce). It defines e-commerce as the buying and selling of goods and services over electronic systems like the internet. The history of e-commerce is traced from early forms using technologies like EDI and EFT in the 1980s to the growth of online shopping in the 2000s. The types of e-commerce include B2B, B2C, C2B, and C2C models. Strategies for successful e-commerce businesses are outlined, including developing an effective website, attracting traffic, and maintaining the site.
2. CONTEXT
Definition of E-Commerce.
History of E-Commerce.
Advantages and Disadvantages of E-Commerce.
Types of E-Commerce.
E-Commerce Examples.
Some of E-Commerce Websites
3. WHAT IS E-COMMERCE?
E-commerce consists of the buying and
selling of products or services over
electronic systems such as the Internet and
other computer networks.
Electronic commerce commonly known as
e-commerce or eCommerce.
4. E-Commerce
Electronic commerce was identified as the
facilitation of commercial transactions
electronically, using technology such as
Electronic Data Interchange (EDI) and
Electronic Funds Transfer (EFT).
What is EDI?
What is EFT?
5. Electronic Data Interchange (EDI) & Electronic
Funds Transfer (EFT)
EDI is the structured
transmission of data
between organizations by
electronic means. It is used
to transfer electronic
documents or business data
from one computer system
to another computer
system.
EFT is the electronic
exchange or transfer of
money from one account to
another.
6. History of E-Commerce
The growth and acceptance of credit cards, automated
teller machines (ATM) and telephone banking in the
1980s were also forms of electronic commerce.
Another form of E-Commerce was the airline reservation
system, for example Sabre in the USA and Travicom in
the UK.
7. By the end of 2000, many European and
American business companies offered their
services through the World Wide Web.
Since then people began to associate a word “E-
Commerce" with the ability of purchasing
various goods through the Internet using secure
protocols and electronic payment services.
History of E-Commerce
8. Advantages of E-commerce
Faster buying/selling procedure, as well as easy to
find products.
Buying/selling 24/7.
Low operational costs and better quality of services.
Easy to start and manage a business.
No need of physical company set-ups.
Customers can easily select products from different
providers without moving around physically.
9. Disadvantages of E-commerce
There is no guarantee of product
quality.
There are many hackers who look
for opportunities, and thus an
ecommerce site, service, payment
gateways, all are always prone to
attack.
11. BUSINESS TO BUSINESS (B2B)
B2B can be open to all
interested parties or limited to
specific, pre-qualified
participants (private electronic
market).
Companies doing business with
each other such as
manufacturers selling to
distributors and wholesalers
selling to retailers.
12. BUSINESS TO CONSUMER (B2C)
Businesses selling to the general public typically through
catalogs utilizing shopping cart software.
B2C is the indirect trade between the company and
consumers.
It provides direct selling through online.
If you want to sell goods and services to customer so that
anybody can purchase any products directly from
supplier’s website.
13. CONSUMER TO BUSINESS (C2B)
A consumer posts his project with a set budget online
and within hours companies review the consumer's
requirements and bid on the project.
The consumer reviews the bids and selects the
company that will complete the project.
C2B empowers consumers around the world by
providing the meeting ground and platform for such
transactions.
14. CONSUMER TO CONSUMER (C2C)
It facilitates the online transaction of goods or services
between two people.
Though there is no visible intermediary involved but the
parties cannot carry out the transactions without the platform
which is provided by the online market maker such as eBay.
15. E-COMMERCE EXAMPLES
An individual purchases a book on the Internet.
A government employee reserves a hotel room over
the Internet.
A business buys office supplies on-line or through an
electronic auction.
A manufacturing plant orders electronic components
from another plant within the company using the
company's intranet.
19. Strategies for Successful E-Commerce:
Developing an Effective Web Presence
Decide which tasks the site must accomplish
An effective Web site creates an attractive
presence and meets the needs of its visitors
It may be necessary to redefine your site’s
business model to capture new business
opportunities
20. Putting up a Web Site
Web site hosting companies: companies that
provide the tools and services required to set up
a Web page and conduct e-commerce within a
matter of days and with little up-front cost
Storefront broker: companies that act as
middlemen between your Web site and online
merchants that have the products and retail
expertise
21. Building Traffic to Your Website
Obtain and register a domain name
Make your site search-engine-friendly
Meta tag: a special HTML tag, not visible on the
displayed Web page, that contains keywords
representing your site’s content, which search
engines use to build indexes pointing to your Web
site
Web site traffic data analysis software
22. Maintaining and Improving Your Website
Be alert to new trends and developments in e-commerce
Be prepared to take advantage of new opportunities
Personalization: the process of tailoring Web pages to
specifically target individual consumers
Explicit
Implicit
23. Summary
In business-to-consumer (B2C) e-commerce, customers deal
directly with the organization
In business-to-business (B2B) e-commerce, the participants are
organizations
In consumer-to-consumer (C2C) e-commerce, the participants
are individuals
A multistage model for e-commerce includes search and
identification, selection and negotiation, purchasing, product or
service delivery, and after-sales service
24. Summary (continued)
Supply chain management is a key value chain composed of
demand planning, supply planning, and demand fulfillment
Mobile commerce (m-commerce) uses wireless devices to
place orders and conduct business
Electronic retailing (e-tailing) is the direct sale from business
to consumer through electronic storefronts
A digital certificate is an attachment to an e-mail message or
data embedded in a Web page that verifies the identity of a
sender or a Web site
25. Summary (continued)
Threats to e-commerce include e- and m-commerce incidents,
theft of intellectual property, fraud, and invasion of consumer
privacy
Strategies for successful e-commerce
Developing an effective Web presence
Putting up a Web site
Building traffic to your Web site
Maintaining and improving your Web site