e-commerce basics
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Itz just for self Improvement.TRANSCRIPT
E-COMMERCEPresented by:~
Jitendra Kr Yadav Ranchi University, 2012-2015
=>The definitions, impacts, complexities, benefits and limitations of e-commerce.ÞThe parallelism between e-business and e-commerce.ÞThe factors affecting it.ÞThe barriers of e-commerce.ÞAnd many more...
OUR PRESENTATION ENTAILS:~
Today we can made:-On-line marketing, ordering.
• E-trading of goods n intangibles.
On-line payment and support and services.
• On-line marketing, ordering.
On-line Introduction and legal advices.
• On-line payment n services.
Collaboration between companies.
• On-line engineering n advices.
On-line design and engineering...n many many more. •Collaboration between companies.
“Internet-The mother of e-com.” On the way to this
pesentation, we can’t continue without
offering the flowers of thanks
to those people who haveshaped the e-world
n made our lives easy...
“We are very grateful to u...Thanks.”
=> Electronic Commerce (EC) is where business transactions take place via telecommunications networks, especially the Internet.=> It describes the buying and selling of products, services,and information (about doing business electronically).=> Itz the conduct of a financial transaction by electronic means.
E-COMMERCE Defenitions:-=> In this “dot com/internet revolution era“ it is often defined as...
=>• It is the conduct of
business on the Internet.
=> •It includes customer service (e-service) and intra-business tasks.
=> •The development of intranet and extranet is part of e-business.
=> •E-business is everything to do with back-end systems in an organisation.
What about e-Business ? ÞIt is above buying and selling,it also avails servicing customers and collaborating with business partners.
E-DISTINCTION :-...between E-Commerce n E-Business.=>Attempting to define E-commerce or E-business is guaranteed to generate debates with meaningless origins.
E-commerce is the exchange of merchandise (whether tangible or intangible) on a large scale between different countries using an electronic medium – namely the Internet.While, E-businesses are the processes orareas involved in the running and operation of an organisation that are electronic or digital in nature.
Parallelism betweene-commerce and e-business:-
WHAT ARE THE KEY ‘DRIVERS’ ?(FACTORS)
Technological
Social Political
Economical
Telecommunications infrastructure
• Telecommunications infrastructure.
Backbone infrastructure and architecture
• Basic infrastructure(architectural).
Industry players and competition
• Industry players n competition.
Pricing • Pricing.Internet service providers
• Internet service providers.
Range of services available (e.g. ADSL, ISDN)
• Range of services available.
Ownership (private or public sector)
• Ownership(private or public).
Access to new technology developments
• Access to new technology developments.
Bandwidth • Bandwidth.Speed of development and implementation of new technology by industry
• Speed of development and implementation of new technology.
Technological factors :–
Number and type of government incentives and programmes to support the
• Government incentives and programmes.
use and development of new technology
• Use n development of new technology.
Legislation – number and type of supportive or restrictive laws and policies
• Legislation,validity,restriction n laws.
laws that recognise and enforce the validity of electronic documentation,
• Contracts n transactions in a court of law.
contracts and transactions in a court of law; the validation of digital
• Signatures:-The legal use of e-security.
signatures; the legal usage of electronic security measures such as
• Public policies:-Whether gov is supportive for e-transaction n processes.
Political factors:–
Social factors:-
Skills of workforce • Skills of workforce.
Number of users on-line
• Number of users on-line.
Penetration rate of PCs
• Penetration rate of PCs.
Level of education; computer literacy and IT skills
• Level of education:- computer literacy and IT skills.
Culture of technophilia – a willingness and ability to adopt new technology
• Culture of technophilia:– a willingness and ability to adopt new technology.
and the speed at which technology achieves critical mass as in Japan
• Speed at which technology achieves critical mass .
Economic growth – GDP • Economic growth.
Average income • Average income.
Cost of technology (hardware and software)
• Cost of technology (hw/sw).
Cost of access to telecommunications infrastructure – pricing structures and
• Cost of access to telecommunications infrastructure – pricing structures and rates.
Rates
• Commercial infrastructure:-advancement of banking sector,payment systems.
Commercial infrastructure – advancement of banking sector; payment
• Innovative business models.
ECONOMICAL FACTORS:-
THE IMPACT OF E-COMMERCE In...
=> Marketing.=> Computer sciences.=> Finance and accounting.=> Economics.=> Production n operations management (manufacturing).=> Management information systems.=> Human resource management.
THE BENEFITS OF E-COMMERCE:-
Benefits of e-commerce to organisations:-
Benefits of e-commerce to consumers:-
Benefits of e-commerce to society:-
International marketplace.
• International marketplace.
Operational cost savings.
• Operational cost savings.
Mass customisation • Mass customisation.
Enables reduced inventories and overheads by facilitating ‘pull’-type supply chain management
• Reduces inventories and overheads by facilitating ‘pull’-type supply chain management.
Lower telecommunications cost
• Lower telecommunications cost.
Digitisation of products and processes
• Digitisation of products and processes.
No more 24-hour-time constraints
• No more 24-hour-time constraints.
THE BENEFITS OF E-COMMERCE TO ORGANISATIONS:-
24/7 access. • 24/7 access.
More choices. • More choices.
Price comparisons. • Price comparisons.
Improved delivery processes.
• Improved delivery processes.
An environment of competition where substantial discounts can be found or value added, as different retailers vie for customers.
• An environment of competition where substantial discounts can be found.
THE BENEFITS OF E-COMMERCE TO CONSUMERS:-
Enables more flexible working practices
• Enables more flexible working practices.
Connects people.
• Reduces environmental pollution.
Facilitates delivery of public services • Connects people.
Connects people. •Facilitates delivery of public services.
THE BENEFITS OF E-COMMERCE TO SOCIETY:-
Limitations of e-commerce to organisations
• Limitations of e-commerce to organisations.
Limitations of e-commerce to consumers
• Limitations of e-commerce to consumers.
Limitations of e-commerce to society• Limitations of e-
commerce to society.
THE LIMITATIONS OF E-COMMERCE:-
Lack of sufficient system security, reliability, standards and communication protocols.
• Lack of sufficient system security, reliability,standards and communication protocols.
Rapidly evolving and changing technology,
• Rapidly evolving and changing technology.
Under pressure to innovate and develop business models to exploit the new opportunities
• Under pressure to innovate/develop business models to exploit the new opportunities.
Facing increased competition
• Facing increased competition.
Problems with compatibility of older and ‘newer’ technology
• Problems with compatibility of older and ‘newer’ technology.
LIMITATIONS OF E-COMMERCE TO ORGANISATIONS:-
Computing equipment
• Computing equipment.
A basic technical knowledge
• A basic technical knowledge.
Cost of access to the Internet
• Cost of access to the Internet.
Cost of computing equipment
• Cost of computing equipment.
Lack of security and privacy of personal data
• Lack of security and privacy of personal data.
Physical contact and relationships are replaced by electronic processes.
• No physical contact n relationships.
A lack of trust because they are interacting with faceless computers
• Lack of trust as they are interacting with faceless computers.
LIMITATIONS OF E-COMMERCE TO CONSUMERS:-
Breakdown in human interaction
• Breakdown in human interaction.
Social division. • Social division.
Reliance on telecommunications infrastructure, power and IT skills
• Reliance on telecommunications infrastructure, power and IT skills.
Wasted resources • Wasted resources.
Facilitates Just-In-Time manufacturing
• Facilitates Just-In-Time manufacturing.
Difficulty in policing the Internet
• Difficulty in policing the Internet.
LIMITATIONS OF E-COMMERCE TO SOCIETY:-
CLASSIFICATIONS OF E-COMMERCE:-
THE BARRIERS TO E-COMMERCE:-
=>• Internet
Infrastructure.=> • Security.
=>• Commercial
Infrastructure. =>> • Culture.
=>> • Business Modals.
=> • Lack of Personnel.
=>• Interoperability of
Systems.
Thank U...!!!