e commerce
TRANSCRIPT
INTRODUCTION
In previous days, all business or commercial transactions was done manually. Every time paper work is important. But e-commerce totally changes the concept of traditional commerce.
Now a day, growing business world more tends to use e-commerce. Due to fast access and less effort , e-commerce is becoming more and more popular.
• It is commonly known as electronic marketing.
• Electronic commerce is doing commerce with the use of computer, network and commerce-enabled software
• 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
E-COMMERCE
Top 10 ecommerce websites in India:
1. FlipKart.com
2. Ebay.in
3. Snapdeal.com
4. Jabong.com
5. Myntra.com
6. Yehbi.com
7. Tradus.com
8. Naaptol.com
9. Infibeam.com
10.Fashionandyou.com
E-COMMERCE IN INDIA
By 2016, the current number of shoppers in India will double to 40 million, and their spending will more than quadruple to US$8.5 billion.
Fashion ecommerce doubled last year, and will see 400 percent growth by 2016
E-commerce sales in India are currently dominated by local sites such as flipkart, snapdeal and jabong.
ADVANTAGES OF E-COMMERCE
• It tries to reduce cost of product or services
• Consumers have an access to a wider range of products
• E-commerce covers large geographical area to advertise or to publish
• As a online market, it does not has time limit. E-commerce serves 24 hours marketing
DISADVANTAGED OF E-COMMERCE
The user first requires to understand, learn new technologies
In business, face to face communication is must sometimes
Unable to examine products personally
There are possibilities of credit card number theft.
TYPES OF E-COMMERCE
• B2B (Business-to-Business)
• B2C (Business-to-Consumer)
• C2C (Consumer-to-Consumer)
B2B E-COMMERCE
Business-to-business (b2b) describes commerce transactions between business, such as between a manufacturer and a whole seller or between a whole seller and a retailers
Example:
Intel selling microprocessor to Dell
B2C E-COMMERCE
Business to Consumers involves selling of goods and services to consumers by a business. It allows the consumers to browse the catalog, choose the product and order it online.
Example:
Dell selling me a laptop
C2C E-COMMERCE
Consumers to Consumers or C2C E-commerce involves selling or purchase of goods between two consumers or individuals
Examples :
www.olx.in
www.quikr.com
Conclusion
"E-commerce is an evolution" ecommerce is more then just an online shop selling goods…. Businesses make huge savings by more efficient interaction with their suppliers or buyers