Commerce
The exchange of goods and
services for money
Consists of:
buyers, sellers and producers
E-commerce or Electric commerce is a
process of buying, selling, transferring,
or exchanging products services, and or
information via electronic networks and
computers.
Electronic Data Interchange ( EDI)
-EDI is the structured transmission of data
between organization by electric means.
-it is used to transfer electronic documents or
business data from one computer system to
another computer system
Electronic Funds Transfer
(EFT)
-EFT is the electronic exchange or
transfer of money from one account to
another.
Brief History
1970's E- commerce meant the facilation
of commercial transactions electronically,
using technology such as EDI and EFT
allowing business to send commercial
documents like purchase orders or
1980's the growth and acceptance of
credit cards, automated teller machines,
telephone banking
and airline reservation system
1990's the internet
commercialized and users
flocked to participate in the
form of dot.coms or internet
start ups.
2000's Many European and
American business companies
offered their services throughout
World Wide Web since then,
people began to associate a word
Different Types of
E-commerce
Business to Business (B2B)
-B2B can be open to all interested parties or
limited to specific, pre qualified participants
(private electronic market)
- B2B model focuses on providing products
from one business to another.
Business to Consumer
(B2C)
-B2C is the indirect trade between
the company and consumers.
- it provide direct selling through
online
Consumer to Business (C2B)
-C2B empowers consumer around
the world by providing the
meeting ground and platform for
such transactions.
Consumer to Consumer (C2C)
- it facilitates the online transaction of goods
or services between the people.
-through there is no visible intermediary
involved but the parties carry out the
platform which is provided by the online
Business to Administration
(B2A)
-transactions are carried out
online between companies and
public administrations
Consumer to Administration
(C2A)
-this type of E-commerce involves all
transactions between individual
people and public administration
Advantages and
Disadvantages of
E- commerce
Advantages
• To consumers (think about the
consumer buying process;
search,evaluate and execute):
• To Business (think about the common
objective of every business)
• Faster buying/selling 24/7
procedure, as well as easy to find
products.
• Low operational costs and better
quality of services.
• Easy to start and manage a business.
• No need of Physical comany set-ups.
• Customer can easily select products
from different providers without
moving around physically
Disadvantages
• There is no guarantee of product
quality.
• there are many hackers who look for
opportunities, and thus an e commerce
site, service, payment gateways, all are
always phone to attack.
Benifits of E-commerce
Benefits to society
-access for 24hours
-compared to actual buying, through online
the price gets reduced
-global market plan
Benifits of Organization
-Global reach
-Cost reduction
-External hours: 24/7/365
-customization
Benifits of Consumers
-more products and services
-cheaper products and
services
-instant delivery
Academic Disciplines
Concern with E- Commerce
Consumer Legal Supply chain
behavior on Disclaimer management
the Internet /business
model
Data Internet
Security Marketing
Consumer Behavior on the
Internet
- is all about getting the customer
to take out his wallet,
Put out his credit card and enter
the credit card number.
Legal Disclaimer
-is all about trust- you must create
trust with the user
get them to hand over to you private
data.
Supply chain
management/business model
-the supply chain management
ensures in the correct flow of
industry and outputs between the
Data Security
- online shops are constant target
for hacking and attacks. The attacks
focus on two aspects of the web
shop the website itself and the data
Internet Marketing
-Marketing on the Internet is
building a costumer portfolio
tthat gather information at every
stage of the costumers journey.
Thankyou for
listening !
