PRESENTATION ON E-COMMERCE

AMOL JADHAV
ROLL NO. 7

CONTENTS

Introduction History Features Process Elements Scope Advantages Disadvantages conclusion

ELECTRONIC COMMERCE (E-COMMERCE)

Commerce refers to the activities related to the purchase and sales of good or services i.e. Marketing, sales, payment, fulfillment, customer, services, etc. Electronic commerce is doing commerce with the use of computers, network and commerce enable software more than just online shopping.

BRIFE HISTORY

1970: Electronic fund transfer (EFT) used by banking industry to exchange account information over secured network Late 1970s and early 1980s Electronic Data interchange (EDI) for e-com within companies used by business to transmit data from on business to another. 1990s: the world wide web on the internet provides easy to use technology for information & dissemination cheaper to bus (economies of scale) enable diverse business activities (economies of scope)

FEATURES OF E-COMMERCE
Online Business Advertisement Anytime and anywhere service Direct contact between buyer and seller

PROCESS OF E-COMMERCE
1. Attract customer advertising. Marketing Interact with customer catalog. Negotiation Handle and manage order order capital payment Transaction Fulfillment (physical good, service good, digital good) React to customer inquiries Customer service Order tracking

SCOPE OF E-COMMERCE
E-PAYMENT- It does not involve physical exchange of currency .Its convenient to make payment via network. E-BANKING- The means anywhere any time banking.
E-MARKETING- The growth of internet has created opportunities for consumer and firms to participate in online global market place.

ADVANTAGES OF ELECTRONIC COMMERCE

E-Commerce is revolutionary Cost effective Customers are self created Middlemen disappear Better customer service Online payment sales Decrease costs

DISADVANTAGES OF E-COMMERCE
Loss of ability to inspect products from remote locations Difficult to calculate return on investment Competition among sellers Change in technology Costly

CONCLUSION
Thus, we come to he conclusion that E-COM has great advantage for industrialization which has laid to revolutionalization. Thus, increasing the growth of our country in terms of economy.

THANKS