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E - COMMERCE A NEW MODE OF COMMERCE

E -COMMERCE

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E - COMMERCEA NEW MODE OF

COMMERCE

11 What is E-Commerce ?

Major Categories of E-Commerce2

4

Multistage Model for E-commerce5

How to Go Online ?

2

3

5

Contents 2

6

Basic Components of a Successful E-Commerce Model

How the E – Commerce Website Works

17

Technical Components of E-Commerce2

Conclusion

3

4

5

8

9

10

11

Contents 3

Advantages & Disadvantages Of E-Commerce

12

The Present & Future of E-commerce in India

Threats to E-Commerce

E-Commerce Challenges

WHAT is E - Commerce 4

[1] E - commerce = “Electronic Commerce”

E –Commerce is the purchasing ,Exchanging & selling of goods & services over computer networks through which transaction or terms of sale are performed electronically.

WHY E - Commerce 5

Low Entry Cost

Reduces Transaction Costs

Access to the Global Network

Secure Market Share

Major Categories of E-Commerce 6

1 ) BUSINESS-TO-BUSINESS (B2B) [2]

Online transactions between businesses. Companies that specialize in Marketing , Advertising,

Website development.

Example : Dell deals with Computer & other accessories online but it does not make up all products.

Major Categories of E commerce (contd.) 7

2 ) CONSUMER-TO-CONSUMER (C2C)/PEER-TO-PEER [2]

Exchange between consumers. It can involve third party. Bid or sell.

Examples : olx.co.in, quickr.com

Major Categories of E commerce (contd.) 8

3 ) CONSUMER-TO-BUSINESS (C2B) [2]

Consumer present themselves as buyer. Sites provide market strategies.

Example : speakout.com , melanzy.com, groupon.in

9How to Go Online ?

Buying domain from godaddy, BigRock etc.

Search for web hosting like godaddy, aws, or private servers.

Mobile application for Play Store, windows, app store etc.

10Basic Components of a Successful E-Commerce Model

COMMERCEConsumers &

Business Buying & Selling

CONTENTIndustry News

Economic News & Stock Prices

COMMUNITYBusiness Rooms

Chat Rooms

11Multistage Model for E-commerce

Buyer

1. Search & Identification5. After Sales

Service

4. Product & Service Delivery

3. Purchasing

2. Selection & Negotiation

Electronic Distribution

How the E – Commerce Website Works 12

13

Define an effective e-commerce model and strategy

Need to change distribution systems and work processes

Integrate Web-based order processing with traditional systems

Web sites must be designed to protect against Denial-of-service (DOS) attack ( an attempt to make a machine or network resource unavailable to its intended users ).

E-Commerce Challenges

14Technical Components of E-Commerce [3]

NETWORK INTERNET

High Speed Connection To Network

E-Commerce Software

Server Software

Server Operating System

Web Server Software

Technical Components of E-Commerce (contd.) 15

Web Server : It is a hardware device that is used to host an E- Commerce website.

Web Browser : It is a software application that is stored on machine that allows someone to access the internet. Example : Internet Explorer (IE), Google Chrome, Mozilla Firefox

Web Server Software : Web servers need to run Web Server Software that manages access attempts to a website. Server Software Packages : Windows IIS (internet information services) that runs on Windows based web servers and Apache that runs on Linux based web servers.

Technical Components of E-Commerce (contd.) 16

A database system : The database is used to store information about

the products that are for sale on the store.

Technologies : PHP (a programming script) and MySQL are used to communication between the website and the database management system (DBMS).

Technical Components of E-Commerce (contd.) 17

TCP / IP :TCP (transfer control protocol) is a rule of how

connections are set up between two devices & IP stands for Internet protocol and each device on a network has a fully unique IP address.

Port :Ports allow a device with one IP address to access

another device with a different unique IP address.

Domain Name : When starting an E-Commerce site it is important

to register a recognisable domain name that links to your company and brand.

18Electronic Payment Systems

Electronic wallet : A computerized stored value that holds credit

card information, electronic cash, owner identification, and address information.

Credit card

Charge card

Debit card

Smart card

19Advantages & Disadvantages Of E-Commerce[6]

ADVANTAGES

Available 24 Hours a Day

DISADVANTGES

Can Shop when It Is Convenient

Can Be Faster than the Browsing Around The Street

Quick Comparison Between Products and Prices

Search For Deals

Customer’s of Freedom of purchasing Items instead of stores at any time of a Day

Product must be shipped to the Customer and Delay and

Uncertainty is a very important issue

No possibility of Checking the Product before purchasing

Possibility of Credit Card number Theft

Risk of Fraud

Only 1/9th of the total stock is available

20

Theft of intellectual property

Threats to E - Commerce

Theft On Patents on business processes

Phishing : Gibberish messages purportedly from a legitimate institution to pry personal information from customers by convincing them to go to a “spoof” Web site.

Online auction fraud

Spam : e-mail sent to a wide range of people and Usenet groups indiscriminately

21

E–Commerce Challenges In India some years back [4]

The Present & Future of E-commerce in India

Very Low Internet Penetration

Less Infrastructure

Strong Offline or Traditional Shopping Culture Challenge with achieving Profitability

Dominance of Cash based Transactions

The Present & Future of E-commerce in India 22

The recent Scenario Of E-commerce in India

23 The Present & Future of E-commerce in India

E-commerce industry as % of country’s GDP growth

24

According to Business World Estimate near about 60,000 new Jobs will be created for the internet world alone in the next 2 years.

The Present & Future of E-commerce in India(contd.)

E-Commerce Transactions have crossed Rs. 3500 crore milestone in 2011,a jump of 350% from the 2008-2009 figure of Rs. 1000 crore .

eBay said that Consumers are trending goods worth almost Rs. 1 crore everyday , across the India.

Conclusion 25

We are living in a highly sophisticated & mechanical world of 21st century but still there are millions of people who are still in darkness. If we want the optimum development of our nation then the infrastructure should be developed enough to give each & every people the opportunity to access internet. And not only that E- Shopping is good enough but still we must not forget the good impacts of Offline finance too. Because without it ,millions of citizen will be starved. We should look forward so that our new inventions can widen the scope of job opportunities of thousands of people.

References Taken

1. http://www.investorwords.com/1637/e_commerce.html

3. https://prezi.com/iv-3efjxjrkz/hardware-and-software- required-for-e-commerce/

2. http://en.wikibooks.org/wiki/E-Commerce_and_E- Business/Concepts_and_Definitions

4. http://www.researchmanuscripts.com/isociety2012/7.pdf

5. http://www.livemint.com/r/LiveMint/Period1/2013/11/14/ Photos/ g_charticle_web.jpg

6. http://www.triua.com/100/5-advantages-and- disadvantages-of-e-commerce.html

26

Developed & Presented By

SOUVIK DAS NABARUN ROY SUBHAJIT SAHA SOUPTIK MONDAL

Computer Science Department 6th Semester, 3rd Year TECHNO INDIA,SALT LAKE