e-commerce & its pratices

Arvindh.S

DEFINITION OF 'ELECTRONIC COMMERCE - ECOMMERCE'

The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely

considered the buying and selling of products over the internet, but any transaction that is completed solely

through electronic measures can be considered e-commerce

TYPES OF E-COMMERCE

Traditional Commerce vs

E Commerce Similarities

• Both aim to deliver a valued product or service• Both want to serve a large audience• Both strive to quickly deliver products and services

Differences• E-commerce customers expect shorter fulfillment time• E-commerce customers must understand Web-based

technologies• E-commerce provides a global audience• E-commerce orders are processed without human

interaction or travel to a store location• E-commerce relies upon encryption for security

E-Commerce Practices

Data Storage Provides paid Cloud storage online

for business purposes.

Security ServiceApps/Hardware/Services

that provide secure authentication and data transmission for

high-risk connections, such as online banking.

Web Hosting Services A Service that stores our website in its

server allowing the users to access it through the World Wide Web.

Shopping Cart ServicesWeb Srevices that acts as a market where the customers can purchase their desired products/services that arrives at their door steps.

Web DesignSERVICES THAT INVOLVE DESIGNING,DEVELOPMENT,SUPPORT AND CONSULTATION FOR SITES.

Merchant Services Merchant Services, or better known as credit card

processing is the handling of electronic payment transactions for merchants. Merchant processing activities involve obtaining sales information from the merchant, receiving authorization for the transaction, collecting funds from the bank which issued the credit card, and sending payment to the merchant.

Web Marketing

E Commerce Technologies Payment Techologies

Information-Formatting technologies

E Commerce Standards Public-Key Cryptography Standards (PKCS)

• Used to store and transport certificates PKCS #7

• Used to secure e-mail certificates PKCS #10

• Used to generate a certificate request to a certificate authority (CA)

X.509 describes how to format digital certificatesCertificate Life Cycle

Challenges

Exchange Rate

International Shipping

Language Barrier

International Relations

Top 5 E Commerce Companies

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100Revenue & Market Cap

Market Capitalization

REVENUE