e-commerce (electronic commerce) is the buying and selling of goods and services on the internet

What is E-Commerce?

E-Commerce (electronic commerce) is the buying and selling of goods and services on the Internet.

Examples of E-Commerce Buying and Selling of Products.

EXAMPLES OF E-COMMERCE

Payment with Credit Card.

Types of E-Commerce

• Business-to-consumer e-commerce (B2C)– Connects individual consumers with sellers ,

cutting out the middleman– E.g. Amazon.com

• Business-to-business e-commerce (B2B)– Supports business transactions on across

private networks, the Internet, and the Web• Consumer-to-consumer e-commerce (C2C)

– Connects individual sellers with people shopping for used items

– E.g. ebay.com

BANKING TRANSACTION

ADVERTISEMENT OF PRODUCT AND

SERVICES

IDENTIFY THE RANGE OF USES OF E-COMMERCE.

E-Commerce has many uses in the company and in small business.

ELECTRONIC FUNDS TRANSFER

SUPPLY CHAIN MANAGEMENT

INTERNET MARKETING

ONLINE TRANSACTION PROCESSING

ELECTRONIC DATA INTERCHANGE.

INVENTORY MANAGEMENT SYSTEM

TYPES OF E-COMMERCEElectronic commerce is generally considered to be the sales aspect of E-Business.It also consists of the exchange of data to facilitate the financing and paymentaspects of business transactions.

DOCUMENT DELIVERY IN SUPPLY CHAIN AND

LOGISTICSIt is the sending of documents using the internet in soft copies to make the delivery faster and efficient.

DOMESTIC AND INTERNATIONAL

PAYMENT SYSTEMSInternational payment systems, including cash, checks and other drafts, electronictransfers, and credit cards can be used

through the internet.

GROUP BUYINGGroup buying, also known as collective buying obtains products and services at

significantly reduced prices on the condition that a minimum number of buyers agree

to make the purchase.

AUTOMATED ONLINE ASSISTANTS

An automated online assistant is a program that uses artificial intelligence

to providecustomer service or other assistance

on a website.

ONLINE SHOPPINGWhen a business buys from another business it is called business-to-business (B2B)online shopping.

ONLINE BANKINGOnline banking is a computerized service that allows a bank's customers to get online with the bank to view the status of their account, transfer funds and transaction history.

TELECONFERENCINGA conference between persons remote from one another but linked by an internet ,where they conduct business.

ELECTRONIC TICKETSA booking, especially for air travel, is made on the internet. No paper ticket is issuedto the customer.

Benefits of E-Commerce

Overcome Geographical Limitation Gain New Customers with Search

Engine visibility Lower Costs Locate the Product Quicker Eliminate travel time and cost Provide comparison shopping Enable Deals, Bargains and Group

Buying Remain Open All the Time

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