ECommerce © 2011 wheresjenny.com 1 Electronic Commerce [Le Commerce électronique]

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eCommerce © 2011 wheresjenny.com 1 Electronic Commerce [Le Commerce électronique]

eCommerce © 2011 wheresjenny.com 2 eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer network. Elements of an eCommerce transaction: The product to be sold A place to sell the product A method to market/advertise Orders accepted online on the websites. Method to accept money A way to deliver the goods or services Confirm the receipt of goods

eCommerce © 2011 wheresjenny.com 3 Types of eCommerce: Business originating from….. And selling to….. Business -to- Business [B2B] :- bizbuyer.com Business -to- Consumer [B2C] :- amazon.com Consumer -to- Consumer [C2C] :- ebay.com Consumer -to- Business [C2B] :- cahoot.com Business -to- Employee [B2E] :- iniitian.com

eCommerce © 2011 wheresjenny.com 4 Advantages of eCommerce: Global reach Instant availability Systematic communication Reduced paperwork Easy Access Improved market analysis Lower transaction cost Flexibility- compare prices

eCommerce © 2011 wheresjenny.com 5 Shopping on the web: Jenny is very busy at work. She has to go for Ronny’s birthday party in the evening. She has no time to purchase a gift for him. She remembers that Ronny had once told her about a website, ebay.com. She decides to buy a T-shirt and a Montblanc pen. She decides to pay through visa credit card. From the above: Identify the items to be purchased: Identify the quantity of each item to be purchased: Identify the storefront: Identify the payment mode: