E-commerce
Presentation
•
Computers
•
10th Grade
•
Hard
Kiran Rajali
Used 15+ times
FREE Resource
12 Slides • 0 Questions
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E-commerce
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E-commerce
E-commerce , also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet
__ any kind of commercial transaction that is facilitated through the internet.
e.g. Amazon, alibaba, ebay, daraz, sastodeal
note: almost anything can be purchasedThrough e-commerce today.
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Types of e-commerce models
Business to consumer(B2C)
Business to Business(B2B)
Consumer to Business(C2B)
Consumer to Consumer (C2C)
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Limitations of E-commerce
1. Internet service required
2. Knowledge of digital devices required
3. Less secure
4. Low privacy of customer's details
5. De-personalize shopping experience
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Advantages of E-commerce
It makes buying/selling possible 24/7
It makes buying, selling procedure faster, as well as easy to find products.
Larger number of options
Home delivery service
Global market
Physical office not required
paperless commerce
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Disadvantage of E-commercete
No guarantee of product quality
Technical failure may affect the business system
Internet service required
Security problem
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M-commerce/Mobile-commerce
M-commerce(mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets.
people can perform several functions such as pay bills, buy and sell goods and services, access emails, book movie tickets, make railway reservation, order books, read and watch the news etc.
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Advantage of E-commerce
Easy to use
More access to user data
Time-saving
Global customer base
Easy inventory management
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Disadvantages of M-commerce
Smartphones Limitation
Connectivity
Need faithful shipment company
Security
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Online Payment
Making transactions or paying for goods and services through an electronic medium, without the use of checks or cash.
e.g. eSewa Nepal, iPay, Khalti, e-banking, connect IPS, fonepay etc.
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Advantage of Online Payments
Low labour costs
Convenience for online sales
Automatic
Fast transaction speed
Low risk of theft
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Disadvantage of Online Payments
Service fees
Inconvenient for online sales
Vulnerability to cyber criminals
Reliance on telecommunication infrastructure
Technical problems
E-commerce
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