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Vidhant Aggarwal Gaurav Chilani Abhishek Surani Darshan Mehta Rahul Pithadia Khushal Gosar Deep Upadhyay
Overview Reasons for selection of topic What is E-commerce Different types of E-commerce Timelines Forms of Risk Types of security Advantages Disadvantages Conclusion Bibliography
Reasons for selection of topic
Expansion of the Information technology sector (IT Sector) around the world.
It is the youth that utilize mobiles and other gizmos that provide easy access to E-COMMERCE.
It appeals to us a as we have gained immense knowledge from the 100 hours of ITT.
No other aspect of modern technology has greater influence on the youth.
It is the future and we are the future
What is e-commerce?
Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. It also pertains to “any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact.
What are the different types of e-commerce?
• Business-to-business (B2B)
• Consumer (B2C)
• Business-to-government (B2G)
• Consumer-to-consumer (C2C)
• Mobile commerce (m-commerce).
What is B2B e-commerce?
B2B e-commerce is simply defined as e-commerce between companies. This is the type of e-commerce that deals with relationships between and among businesses. About 80% of e-commerce is of this type, and most experts predict that B2B e-commerce will continue to grow faster than the B2C segment.
What is B2C e-commerce? Business-to-consumer e-commerce, or
commerce between companies and consumers, involves customers gathering information; purchasing physical goods or information goods and, for information goods, receiving products over an electronic network.
What is B2G e-commerce?
Business-to-government e-commerce or B2G is generally defined as commerce between companies and the public sector. It refers to the use of the Internet for public procurement, licensing procedures, and other government-related operations
What is C2C e-commerce?
Consumer-to-consumer e-commerce or C2C is simply commerce between private individuals or consumers.
EARLY DEVELOPMENT Facilitation of commercial transactions
electronically, using Electronic Data Interchange (E.D.I), and Electronic Funds Transfer (E.F.T).
Automated teller machines (A.T.M), and net banking, phone banking.
Online shopping and important concept of E-commerce invented by Michael Aldrich in UK in 1981.
Online banking used by companies and world famous brands like Ford, Peugeot, Nissan initially.
o From 1990’s E-commerce additionally included Enterprise Resource Planning Systems (E.R.P.S), data mining and data warehousing.
o By year 2000 many world wide European and American based companies offered services through World Wide Web (WWW).
o People began to associate a word "ecommerce" with the ability of purchasing various goods through the Internet using secure protocols and electronic payment services.
TIMELINES 1979-Online shopping invented in UK. 1990-Tim Berners Lee writes the first web browser,
World wide web using a next computer. 1992: J.H. Snider and Terra Ziporyn publish Future
Shop: How New Technologies Will Change the Way We Shop and What We Buy.
1994: Netscape releases the Navigator browser in October under the code name Mozilla. Pizza Hut offers pizza ordering on its Web page.
1995: Amazon.com and the first commercial-free 24 hour internet. Dell and Cisco begin to aggressively use Internet for commercial transactions.
1998: Electronic postal stamps can be purchased and downloaded for printing from the Web.
2002: eBay acquires PayPal for $1.5 billion. 2007: Business.com acquired by R.H.
Donnelley for $345 million. 2008: US e-Commerce and Online Retail sales
projected to reach $204 billion, an increase of 17 percent over 2007.
Forms of risk Unauthorized access Loss of message confidentiality or integrity
Data being stolen
Electronic mail can be intercepted and read
Customer’s credit card numbers may be read
Login/password and other access information
stolen
Operating system shutdown
Filesystem corruption
User login information can be captured
E-Commerce Security Authorization, Access Control:
protect intranet from hordes: Firewalls Confidentiality, Data Integrity:
protect contents against snoopers: Encryption Authentication:
both parties prove identity before starting transaction: Digital certificates
Non-repudiation: proof that the document originated by you & you
only: Digital signature
Types of security
Use a separate host Passwords Every transaction generates records in
security log file Tracks Encryption Digital signature Cryptography Firewall
Use a separate host
Permanently connected to the Internet, not to your network.
Users dial in to a separate host and get onto the Internet through it
Password
Most important protection.Should be at least eight characters long.Use a mixture of alpha and numeric.Should not be able to be found in
dictionary.Change regularly (Eg Way2sms).
Every transaction generates record in a security log file
Might slow traffic and host computerKeeps a permanent record on how your
machine is accessed.
TracksGenerates alarms when someone attempts
to access secure areaSeparate the directories that anonymous
users can accessEnforce user account logon for internal
usersRead web server logs regularly.
ROLE OF E-COMMERCE IN BUSINESS
Online Shopping Online Banking Online Office suite Online Payment system Online Electronic ticket
ONLINE OFFICE SUITE
This allows people to work together worldwide and at any time, thereby leading to international web-based collaboration and virtual teamwork.
Usually, the basic versions are offered for free and for more advanced versions one is required to pay a nominal subscription fee.
ONLINE BANKING
Online banking (or Internet banking
or E-banking) allows customers of a
financial institution to conduct financial transactions on a secure website operated by the institution.
Requirement Register with the institution for the serviceset up some password
You can check
Account balances , Recent transactions, downloading bank statements(PDF), paid cheques, ordering cheque books, Funds transfers, Loan applications and transactions.
ONLINE SHOPPING
Online shopping or Online retailing is a form of electronic commerce whereby consumers directly buy goods or services from a seller over the Internet without an intermediary service.
EG.e-BAY
JABONG
Flip kart
MYNTRA
FUTURE BAZAR
SNAP DEAL
ONLINE ELECTRONIC TICKETTING
Railway tickets.
Airway tickets.
Movie Tickets.
ONLINE PAYMENT SYSTEM
GOVT. REGULATIONS In the United States, some electronic commerce
activities are regulated by the Federal Trade Commission (FTC).
Activities include the use of commercial e-mails, online advertising and consumer privacy.
The Federal Trade Commission Act regulates all forms of advertising, including online advertising, and states that advertising must be truthful and non-deceptive.
Using its authority under Section 5 of the FTC Act, which prohibits unfair or deceptive practices, including promises about the security of consumers’ personal information. As result, any corporate privacy policy related to e-commerce activity may be subject to enforcement by the FTC.
Being able to conduct business 24 x 7 x 365
Access the global marketplace
Speed
Market varieties
Opportunity to reduce costs
Remote areas
ADVANTAGES OF E- COMMERCE
DISADVANTAGES OF E-COMMERCE
Time for delivery of physical products
Physical product, supplier & delivery uncertainty
Perishable goods
Returning goods
Privacy, security, payment, identity, contract
Defined services & the unexpected
CONCLUSION
It is basically a wide range of online business for activities products and servicesE-commerce is usually associated with buying and selling over the InternetIt has some distinction with E-BusinessComponents for fueling E-Commerce i.e. economic forces, market forces and technology forces
Bibliography
www.wikipedia.org www.google.com ITT Module Orientation Module
THANK YOU
