2. WHAT IS E-COMMERCE?
E-commerce is more than just buying and selling
products online.
It is the purchasing , selling & exchanging goods
and services over computer network or internet
through which transactions or terms of sale are
performed electronically.
3. BRIEF HISTORY OF E-COMMERCE
1970s: Electronics Funds Transfer(EFT)
Late 1970 and early1980s: electronics data
interchange (EDI) for E-Commerce within
companies
1990s: The world wide web on the internet provides
easy to use technology for information publishing
and dissemination
5. WHY USE E-COMMERCE ?
Saves time & efforts
Good discounts & lower prices
Low entry cost
Reduces transaction costs
Access to the global market
Secure market share
6. TYPES OF E-COMMERCE
Business to Business (B2B)
Business to Consumer (B2C)
Consumer to Consumer (C2C)
Consumer to Business (C2B)
Mobile Commerce (M-commerce)
7. BUSINESS TO BUSINESS (B2B)
It consists of largest form of Ecommerce. This model
defines that Buyer and seller are two different entities. It
is similar to manufacturer issuing goods to the retailer or
wholesaler.
For Example- DELL assembles it’s product in spite of
manufacturing it by own.
8. BUSINESS TO CONSUMER (B2C)
Business-to-consumer e-commerce, or commerce
between companies and consumers, involves
customers gathering information; purchasing physical
goods or receiving products over an electronic network.
For Example- Online Classes
9. CONSUMER TO CONSUMER (C2C)
Consumer-to-consumer (C2C) is simply commerce
between private individuals or consumers.
C2C e-commerce is a convenient way for
consumers to buy and sell goods without getting in
their cars and driving to a store.
For Examples-
Advertisement of personal
services over the internet.
10. CONSUMER TO BUSINESS (C2B)
Consumer to Business (C2B) is the most recent E-
Commerce business model. In this model,
individual customers offer to sell products and
services to companies who are prepared to
purchase them. This business model is the
opposite of the traditional B2C model.
For Example-
naukari.com
11. M-COMMERCE
M-commerce (mobile commerce) is the
buying and selling of goods and services
through wireless technology-i.e., handheld
devices such as cellular telephones.
For example :
Mobile Ticketing
Mobile Banking
12. ADVANTAGES OF
E-COMMERCE
No checkout queues
Cheaper product & services
Easy access 24 hours a day
No need of physical company set-ups
Easy to start and manage a business
No need to handle currency notes
13. DISADVANTAGES OF
E-COMMERCE
Lack of personal interaction
Unable to examine products personally
Not everyone is connected to the Internet
Delay in receiving goods
Online fraud is increasing
Cannot bargain or negotiate
14. E-COMMERCE IN INDIA
The e-commerce market in India is estimated to
grow from $10 billion every year to between
$ 70 - 260 billion every year by 2025.
It is also estimated that the e-commerce market is
about 57% from small towns and the balance from
the largest metros.
The most popular use of e-commerce is on travel
websites, which is done by about 70% of all e-
commerce consumers in India.