mittali ecommerce
TRANSCRIPT
E-commerce
Presented by -Barkha
Somani ,Mahim Lodha,Mittali Jain
Rajat Suwalka{M.B.A 1st sem
Sangam university}
Presented to -Mrs. Nidhi bhatnagar{Professor of managerial commnuication SANGAM UNIVERSITY Paper code 105}
1. Commerce2. E-commerce 2.1 examples of e-commerce 2.2 E-business v/s e-commerce 2.3 Uses of e-commerce 2.4 process 2.5 Types of E-commerce 2.5.1 B2B 2.5.2 B2C 2.5.3 C2C 2.5.4 B2G 2.5.5 M-C 3. Worlds leading companies4. Opportunities5. Pros6. Cons7. Summary
Content
Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer.
Commerce need –
1) Product or service to sell.2) Place from which to sell the products.3) Figure out a way to get people to come to your place.4) A way to accept order , money and returns.
COMMERCE
E-COMMERCE Commonly known as electronic commerce or
electronic marketing. It consist of buying and selling goods and
services over an electronic system such as the internet.
E-commerce is the purchasing , selling & exchanging goods and services over computer network or internet through which transactions or terms of sale are performed electronically.
Examples of E-commerce
o Low Entry cost
o Reduces transaction cost
o Access to the global market
o Secure market secure
Why Use E-commerce….
E-COMMERCE PROCESS
B2B e-commerce is simply defined as e-commerce between companies.
E-commerce that deals with relationships between and among businesses.
For example, a tire manufacturer might sell to a car manufacturer.
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.
It is the second largest and the earliest form of e-commerce.
Example: Dell selling me a laptop
Consumer-to-consumer e-commerce or C2C is simply commerce between private individuals or consumers.
Example: 1. Mittali buying an iPod from barkha on eBay. 2. Rajat selling a car to mahim.
B2G is generally defined as commerce between companies and the public sector.
Example: Business pay taxes, file reports, or sell goods and services to Govt. agencies.
M-Commerce is commercial transactions conducted electronically by mobile phone.
It is the process of buying and selling through phones and other handheld devices.
Example-Mobile banking , Mobile purchase, Mobile investment
Amazon JD .com Wal-Mart Ebay Otto group Alibaba(excluding wholesale) Groupe Tesco Rakuten Best buy
WORLD’S LEADING COMPANIES
OPPORTUNITIESSUPPLIER CUSTOMER
Global presence Improved
competitiveness Mass customizing and
targeting Substantial cost
savings New business
opportunities
Global choice Quality of service
Personalized products and services
Substantial price reductions
New products and services
PROS AND CONS OF E-COMMERCE
PROS
Electronic commerce can increase sales and decrease costs
If advertising is done well on the Web, it can get a firm’s promotional message out to potential customers in every country
Using e-commerce sales support and order-taking processes, a business can◦ Reduce costs of handling sales inquiries◦ Provide price quotes
It increases purchasing opportunities for buyers
Negotiating price and delivery terms is easier
The following cost less to issue and arrive securely and quickly◦ Electronic payments of tax refunds◦ Public retirement◦ Welfare support
CONS
Unable to examine products personally.
Not everyone is connected to the internet.
There is the possibility of credit card number theft.
Mechanical failures can cause unpredictable effects on the total processes.
Summary Commerce
◦ Negotiated exchange of goods or services Electronic commerce
◦ Application of new technologies to conduct business more effectively
Using electronic commerce, businesses have◦ Created new products and services◦ Improved promotion, marketing, and delivery
of existing offerings
Summary (continued)
The global nature of electronic commerce leads to many opportunities and few challenges
To conduct electronic commerce across international borders, you must understand the trust, cultural, language , and legal issues