The document discusses electronic commerce (e-commerce) and e-business. It defines e-commerce as buying and selling using the internet, and notes the main types include business to business, business to consumer, etc. Key advantages for buyers and sellers are listed. E-business is defined as carrying out electronic business processes to exchange services via communication networks. While e-commerce focuses on online transactions, e-business more broadly enhances production, customer, and internal business processes through electronic means. Basic steps for starting an e-commerce website are also outlined.
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Attribution Non-Commercial (BY-NC)
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The document discusses electronic commerce (e-commerce) and e-business. It defines e-commerce as buying and selling using the internet, and notes the main types include business to business, business to consumer, etc. Key advantages for buyers and sellers are listed. E-business is defined as carrying out electronic business processes to exchange services via communication networks. While e-commerce focuses on online transactions, e-business more broadly enhances production, customer, and internal business processes through electronic means. Basic steps for starting an e-commerce website are also outlined.
The document discusses electronic commerce (e-commerce) and e-business. It defines e-commerce as buying and selling using the internet, and notes the main types include business to business, business to consumer, etc. Key advantages for buyers and sellers are listed. E-business is defined as carrying out electronic business processes to exchange services via communication networks. While e-commerce focuses on online transactions, e-business more broadly enhances production, customer, and internal business processes through electronic means. Basic steps for starting an e-commerce website are also outlined.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
The document discusses electronic commerce (e-commerce) and e-business. It defines e-commerce as buying and selling using the internet, and notes the main types include business to business, business to consumer, etc. Key advantages for buyers and sellers are listed. E-business is defined as carrying out electronic business processes to exchange services via communication networks. While e-commerce focuses on online transactions, e-business more broadly enhances production, customer, and internal business processes through electronic means. Basic steps for starting an e-commerce website are also outlined.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
At Central Group of Colleges In affiliation with Federal UDRU University
Instructor: Shahid Imran
E-Commerce Electronic commerce is often thought simply to refer to buying and selling using the Internet. E-commerce is a subject which researches how to use electronic and information technology to promote the traditional business process to change strongly. Types of E-Commerce B2B - Business to Business B2C - Business to Consumer C2B - Consumer to Business B2E - Business to Employee C2C - Consumer to Consumer B2G- Business to Government Advantages Buyer’s Prospective 24/7 shopping without going outside Instant Access i.e. electronic book, software. Better buyer decisions Less time is spent in resolving invoice & order disputes. Opportunities for buying alternative products. Seller’s Prospective Need not to build physical store Increase sales decrease costs Advertising Contact customers world wide Identify new suppliers and business partners Disadvantages Inspection of Products Direct Global Competition Dependent On Third-party Firms Technology Changes Lack of trust / doubts and fears Danger of Hacking Consumers are simply resistant to change Shipping Takes Time To start E-commerce website? There are several basic steps you will need to accomplish before becoming Commerce enabled. Getting a Merchant Bank Account Web Design Considerations Registering a Domain Name Web Hosting Obtaining a Digital Certificate E-Business
Electronic business means initiating,
arranging, and carrying out electronic business processes Exchanging services with the help of public or private communication networks, including the Internet, in order to achieve added value. E-Business Advantages of E-business Personalized service High-quality customer service No inventory cost Worldwide reach of your business Electronic catalogues Bulk transactions Improved supply chain management Disadvantages Less security Less privacy No physical proximity with items purchased Is e-Commerce the Same as e-Business? Electronic business transactions involving money are "E-commerce" activities. Three primary processes are enhanced in e-business Production processes Procurement, ordering & replenishment of stocks Processing of payments; Electronic links with suppliers Production control processes Customer-focused processes Marketing efforts, selling over the Internet Processing of purchase orders and payments Customer support services Internal management processes Employee services, training, internal information-sharing, video-conferencing, and recruiting.