E commerce
Transcript of E commerce
e-commerce
What is meant?
• Electronic commerce
• Buying and selling of goods and services on the Internet, especially the World Wide Web
• Different from e-business for it solely focuses on buying and selling– Considered as the sale aspect of e-business
• From 1999-2008 sales in e-commerce constitutes 4% of the world total sales
Better to be Online!
Easy search and retrieval of desired object
Ease in comparison between object and shops
Less tiring
Transcends time
Enables the business activity to enter the global market
Cuts down cost
Better to be Offline!
Privacy issue and disclosure of information
Perishable goods, NO ENTRY
False information
Delivery time can be an agony.
Spam messages
Division of E-commerce
E-tailing
Also called as electronic retail or e-retail
Retailers use Web to sell products and services
This division directly refers to the one we see, the 24 hour virtual mall.
Amazon.com, Compudata.com, Social Networks
Division of E-commerce
Market research
Ability of companies to gather data from their prospects through registration form,
questionnaires or order forms
But this is a privacy issue, whether if it is really for market study
Division of E-commerce
Electronic Data Interchange (EDI)
Exchange of business data using an understood data format.
Involves data exchange from parties that do know each other
EDI is expected to be replaced by one or more standard XML formats such as ebXML
Division of E-commerce
Email, fax and internet telephony
Used as a media to reached prospects and established customers.
Internet telephony and fax is usually done in business to business transaction
Companies and their email of newsletters to subscribers
Opt-in-email allows user to voluntarily receive mail updates
Division of E-commerce
Business-to-Business Buying and Selling
Companies were able to reach the right people in the other company for more
information
Resources
• http://searchcio.techtarget.com/definition/e-commerce• http://searchcio.techtarget.com/definition/e-business• http://en.wikipedia.org/wiki/Electronic_commerce• http://www.buzzle.com/articles/advantages-and-
disadvantages-of-electronic-commerce-e-commerce.html
• http://store.steampowered.com/• http://multiply.com• Shelly, Gary B. … [ et. al.]. Discovering Computers
2008: Complete. Boston, MA: Thomson Course Technology, 2008.
Division of E-commerce
The Security of Business Transactions
This includes:1. authenticating business transactors
2. controlling access to resources such as Web pages for registered or selected users
3. encrypting communications
Secure Sockets Layer (SSL) is one of the most widely used security technology.
Types of Electronic Commerce
B2B (Business to Business)– Open to all interested parties such as commodity
exchange– Pre-qualified participants– Negotiated contracts as to how much will be bought
B2C (Business to Consumer)– With intermediary– Without intermediary, termed as online shopping
(via Multiply)– First come, first serve basis
Online banking and Online Trading
Online banking allows users to pay bills and view their bank accounts and statements from their computers
Online trading allows users to invest without using broker, often with a lower transaction fee
I am a Billionaire, how can I Spend my Money Online
Music, videos, news, sporting events and games.
Airline, hotel, and car reservations
I am a Billionaire, how can I Spend my Money Online
I am a Billionaire, how can I Spend my Money
OnlineBuy stuffs such as clothes, accessories, gadgets etc.
Health and Medicine
I am a Billionaire, how can I Spend my Money Online