 What is E-commerce ?

 Advantages and disadvantages of E-commerce.

 Why do people shop online ?
 Examples of shopping websites.
 figure 1
Electronic commerce, or e-commerce,
refers to economic activity that occurs
online. E-commerce includes all types of
business activity, such as retail
shopping, banking, investing and rentals.
Even small businesses that provide
personal services, such as hair and nail
salons, can benefit from e-commerce by
providing a website for the sale of
related health and beauty products that
normally are available only to their local
customers.

Source: Wise geek http://www.wisegeek.com/what-is-e-

commerce.htm
 The invention of faster Internet connectivity and
powerful online tools has resulted in a new
commerce arena – Ecommerce. Ecommerce
offered many advantages to companies and
customers but it also caused many problems.

figure 2
Source : http://www.esalestrack.com/blog/2008/09/advantages-and-disadvantages-of.html
  Faster buying/selling procedure, as well as easy
to find products.
 Buying/selling 24/7.
 More reach to customers, there is no theoretical
geographic limitations.
 Low operational costs and better quality of
services.
 No need of physical company set-ups.
 Easy to start and manage a business.
 Customers can easily select products from
different providers without moving around
physically.
Source : http://www.esalestrack.com/blog/2008/09/advantages-and-disadvantages-of.html
  Any one, good or bad, can easily start a business.
And there are many bad sites which eat up
customers’ money.
 There is no guarantee of product quality.
 Mechanical failures can cause unpredictable effects
on the total processes.
 As there is minimum chance of direct customer to
company interactions, customer loyalty is always on
a check.
 There are many hackers who look for opportunities,
and thus an ecommerce site, service, payment
gateways, all are always prone to attack.

Source : http://www.esalestrack.com/blog/2008/09/advantages-and-disadvantages-of.html
 The convenience of shopping online remains the primary
driver of
shopping site traffic and sales, according to Retail Forward.
Top Reasons for Shopping Online:
Can shop anytime: 84%
Easier than shopping at stores/via catalogs: 65%
Dislike dealing with holiday crowds at malls/stores: 62%
Access to products, brands, stores not available where I
live/work:
45%
Received special promotion(s) to purchase online: 38%

Source: http://www.auctionbytes.com/pages/abu/y201/m12/abu0060/s06
figure 3
 my princess academy
http://www.myprincessacademy.com/
 
 Lifestyle Vitamin Supplements
http://www.lifestylevitaminsupplements.com
 
 Steelcase Office Furniture
http://www.steelcase.com/en/Pages/Homepage.aspx

 Dilettante Chocolate
http://www.dilettante.com
 
Slide 2:
E-COMMERCE or ELECTRONIC COMMERCE is buying and selling goods over internet. e-commerce is similar to offline business with a difference that buyers do not actually meet sellers.

Slide 3:
ADVANTAGES - NO GEOGRAPHIC LIMITATIONS: No limitation of distance is there. E-commerce has converted world into a global village. Buyers and sellers meet via internet.

Slide 4:
SAVINGS : Sellers need not to go to the store physically. Hence ,it saves both time and money. 24*7 BUSINESS : E-commerce is a 24*7 business. There is no opening and closing time for the stores.

Slide 5:
HUGE VARIETY : Customers can easily select products from different providers without moving around physically. LEAST CAPITAL REQUIRED : High initial cost is not required. Business can be started with least amount of capital.

Slide 6:
DISADVANTAGES - HABITUATE : No doubt e-shopping is getting popular day by day but still there are people who prefer store to store shopping because they are habitual of doing so.

Slide 7:
SECURITY : E-commerce sites, payment gateways are prone to attack from hackers and thus, customer’s identity is at threat. QUALITY : Quality of products is not assured.

Slide 8:
For more information visit – http ://absoluteecommerce.com/ Thank You