Department of Commerce

Aligarh Muslim University

IT in Business
Topic: E-business (Meaning, Benefits and it’s Model)

Presentation by: AyazUddin

Roll No.: 22BFPCA119
1
 What is E-Business?
 Electronic Business (E-Business) is the administration of conducting any
business using the internet, extranet, web, and intranet. This would include
buying and selling of goods or services using commercial transactions
conducted electronically with the help of the internet.

 E-business is similar to E-commerce but it is more than just a simple act of

buying and selling services or goods online.
What is E-Business?

 E-business includes a lot of business processes including

online order processing, CRM (Customer Relationship Management),
supply chain management, and many more. E-commerce is a
part of e-business, so let me give you a comprehensive detail
about what is e-business.
Benefits of E-Business
1. Ease of Formation and Lower Investment
Requirements

2. Convenience

3. Speed

4. Global Reach

5. Movement toward a Paperless Society

1. Ease of Formation and Lower
Investment Requirement

 The formation of an e-business is very easy. The procedural requirements are not
needed, as needed for setting up traditional industry. It does not require any
investment in the shop, stock, or display like in the case of traditional business.

 The success of e-business depends on the network (contacts) and not on

investments (net worth).

5
 2. Convenience:

 E-business is very flexible. The Internet offers the convenience of ‘24 hours × 7
days a week × 365 days’ a year business.
 Organizational personnel can do work from wherever they are, and whenever they
may want to do.
 Businessmen can remain in touch with their customers, suppliers, etc.

6
 “
3. Speed:

 The exchange of information involved in buying and selling is done with the help of
the internet at the click of a mouse. This speed is more beneficial in the case of
information-intensive products, such as software, movies, music, e-books, and
journals that can even be delivered online.
 Money can also be easily transferred through electronic fund transfer of e-business.

7
 4. Global Reach

✘ With the help of e-business, the sellers can operate at the national
and global level, as there is a well-developed computerised
networking system.

✘ The buyers and sellers can also interact with each other from any
part of the world. Buyers also have the facility of choosing products
from any part of the world.

8
5. Movement toward a Paperless
Society
 Dependence on paperwork and the attendant ‘red tape’ is considerably
reduced due to the use of the Internet, as most of the work is done
electronically through computers.
 Government departments and regulatory authorities are also now
increasingly using computers to reduce the use of paper, whereby they
allow electronic filing of returns and reports. This also leads to an increase
in the speed of the process of granting permissions,
approvals, licenses, etc.

9
10
Types of E-Commerce:

1 Business to Business (B2B) 4 Consumer to business (C2B)

2 Business to Consumer (B2C) 5 Business to Administration (B2A))

3 Consumer to Consumer (C2C) 6 Consumer to Administration (C2A)

11
 1. Business to Business (B2B)

As the name represents, it is the name of

electronic transactions of different services or
products between two companies or businesses.
Payment processing companies and customer
relationship management (CRM) platforms are
included in the B2B model.

12
2. Business to Consumer (B2C)

✘
“
B2C is the most common form of e-commerce business because it is
the relationship between a seller and final customers.

✘ Business to Consumer has developed greatly with the development

of the internet and the latest technologies. Anyone can find various
kinds of online stores on the internet and buy products or services
without visiting the market.

13
 3. Consumer to Consumer (C2C)

✘
“
In C2C, electronic transactions are made between the customer and
another customer.

✘ It became possible with the help of third-parties such as eBay as a

marketplace for online action.

14
4. Consumer to Business (C2B)

✘
“
Consumer to businessAny particular company cannot provide
anything and they also need different products/services to execute
their business processes.

✘ So, it is a kind of business model in which the customers or users

create a service/product that is used by the company.

✘ For example, any freelance designer is creating a logo and any

business can use his services as they need.

15
 “ 5. Business to Administration (B2A)

✘ B2A is a form of electronic transactions of the products or services in

which the business and government are involved.

✘ For example, social security, legal documents, etc.

16
 “
6. Consumer to Administration (C2A)

✘ Consumer to Administration includes all transactions between the

consumer/customer and the government.

✘ For example- taxes, education, etc.

17
“

18
 “ Conclusion
✘ E-Commerce is a great way for business and consumers to interact
internationally
✘ The future of e-commerce will drastically progress over the years
as the amount of internet users among business and consumers
grows drastically every year.

19
“
Thank You