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New Trends in Securing E-Commerce: Click To Edit Master Text Styles Second Level Third Level Fourth Level Fifth Level
New Trends in Securing E-Commerce: Click To Edit Master Text Styles Second Level Third Level Fourth Level Fifth Level
Securing
E-Commerce
Click to edit Master text styles
Second level
● Third level
● Fourth level
● Fifth level
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WRO Number NAME
WRO 0368415 SAGAR GALA
WRO 0335148 NIHIT CHHEDA
WRO 0352812 DEVANSH PANDYA
WRO 0328078 PRANJAL JAIN
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ELECTRONIC
COMMERCE
Commerce refers to all the activities related to
(E-COMMERCE)
the purchase and sales of goods or services i.e.
marketing, sales, payment, fulfillment,
customer services, etc.
ØInstant messaging
ØOnline banking
systems
ØShopping cart software
ØTeleconferencing
ØElectronic tickets
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Advantages for Consumers
You can shop any time, night or day, 365 days a year.
There is no need to travel - saving time and money
spent on fuel.
shops access e.g. in other countries.
compare prices between different shops.
Middlemen disappear
Better customer service
Online payments
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Advantages for Businesses
Don't need expensive shop premises
perhaps in a high street.
Don't have to pay for insurance, electricity.
Usually needs less staff with an online
business.
Customers from all over the world can
access .
Increased sales
Decreased costs
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Disadvantages for Consumers
Security concerns with personal and credit card
details.
You can't check the quality when purchasing like
you could in a shop.
Might have to pay for the postage for delivery
which can counteract any discounts on the item
itself.
Don't always feel like you are spending real
money.
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Disadvantages for Businesses
Need staff with expertise to keep the
website maintained.
If the website goes down then no one can
purchase things.
No personal contact with customers so
repeat orders might be harder to get.
A lot of online fraud, risk of losing money
on sales.
Competition among sellers
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1. Business-to-Business (B2B)
e-commerce
Largest form.
In this form the buyers and sellers are both
business entities and do not involve individual
consumer.
Commonly known as EDI (Electronic Data
Interchange).
EDI is the electronic transfer from computer to
computer, of commercial and administrative
data using an agreed standard to structure an
EDI message. 99
Business-to-Business (B2B)
e-commerce
Includes manufacturers, wholesalers rather
than retailers only.
Pricing is based on quantity of orders and is
often negotiable.
This type of ecommerce is privately held,
since only business companies can qualify
as potential buyers.
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Websites that are engaged in
(B2B) e-commerce
commodityindia.com
Indiaconstruction.com
clickforsteel.com.
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2.Business-to-Consumer (B2C)
e-commerce
Business and consumers are involved.
Business sell to the public typically
through catalogs utilizing shopping
cart software.
The business must develop attractive
electronic market places to entice and
sell products and services to the
consumer.
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Business-to Consumer (B2C)
e-commerce transaction
process
• Customer identifies a need.
• Searches for the product or services to satisfy
the need.
• Selects a vendor and negotiates a price.
• Receives the product or services (delivery
logistics, inspection and acceptance).
• Makes payment.
• Gets service and warranty claims. 1313
Websites that are engaged in
(B2C) e-commerce
Amazon.com,
llbean.com,
CompUSA.com,
Travelocity.doc,
hotels.com,
chow.net,
rediff.com,
jaldi.com,
indiatimes.com,
indiaballs.com.
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Step 1: Selection of Product
1515
Step 2: We Selected Laptop
Computer
1616
Step 3: Check Price &
Description
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Step 4: Form Filling
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Step 5 : Select Payment
Method
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Step 6:Confirmation of
Order
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3. Consumer-to-Business
(C2B) e-commerce
Also called demand collection model.
It enables buyers to name their own price, often
binding, for a specific good or services generating
demand.
A consumer posts his project with a set budget online
and within outs; companies review the customers’
requirements and bids out the project.
Then the customer will review the bid.
Generally, in the C2B ecommerce, the customer
requests a specific service from the business and
selects the company that will complete the project.
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EXAMPLE:
Mr. John, an European, needs to travel
India for his personal case. He requires
a flight on the first day of January and
he is willing to pay Rs 500 only. Here
this requisition will display in C2B webs.
In addition, the European Air Lines can
be interested to take him to New Delhi,
even the normal trip costs more than
Rs 500 rather than of flying with empty
seats.
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Websites engaged in C2B
e-commerce
Razerfinish.com,
ReverseAuction.com,
Priceline.com.
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4. Consumer-to-Consumer
(C2C) e-commerce
It facilitates the online transaction of goods or services between
two peoples.
In the C2C e-commerce, the consumer lists items for sale with
commercial auction site.
The participants in C2C ecommerce are unknown, not trusted
parties to sell goods and services to anther one.
Example of C2C ecommerce web is eBay, where consumers sell
their goods and services to other consumers
Examples:
Advertisement of personal services over the internet.
Selling of knowledge and experts online. 2424
Websites engaged in C2C
baazee.com
ICQ.com
MSN.com
ek.com.au
careeron.com.au
bidorbuy.com
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SUMMARY OF E- BUSINESS
TRANSACTION MODEL
MODEL DESCRIPTION EXAMPLES
B2C(Busiess to Sell products or services amazon.com,
Consumer) directly to consumer. autobytel.com ,
pets.com
B2B(Business to Sell product or services tochemdex.com,
Business) other business. shop2gether.co
m
C2C(Consumer Consumer sell directly to ebay.com,
to consumer) other to other consumer. inforocket.com,
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E-retail- Buying books
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E-banking
Highly dependent on individual access to phone
and Internet; requires volume and significant
average transactions.
Faster, easier and more reliable service to clients
Development of Corporate image
Check your account balance
Pay bills
Transfer funds
Get a loan
Get a mortgage
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Getting a loan on-line
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E-Accounting
New opportunity
Accounting data entry and statement preparation
Receive (scanned) documents over the net
Post to ledger, prepare statements
New market
Requires experienced operators
Speed, consistency, productivity, quality and
price
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E-zines and E-papers
These started as the electronic version of
regular magazines, some now only exist on
the net.
cheap to produce
cost nothing to distribute
can publish on a moment’s notice
carry advertisements
can target ads to specific on line reader
(cookies)
There are real opportunities here to create
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E-zines and E-papers -
some links
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E-gambling
Also known as “E-fleecing”. You deposit a
sum of money (via credit card) into the
account of a Caribbean based casino. Then
you bet on casino type games such as black
jack, roulette, etc. Since you cannot see the
actual dealer or roulette (there is none), and
since the computer can generate results
separately for each E-gambler.
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There is one E-gambler born
every minute!!!
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E-auctions
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CONCLUSION
“E-commerce is an evolution”
•it achieved HAS More competitions, more
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