E-commerce

unit 1

E-COMMERCE

Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Perspective of eCommerce

  • Business Process. That is doing business electronically by completing business process over electronic network, there by substituting information for physical business process.
  • Services. …
  • Learning Perspective of eCommerce. …
  • Collaboration. …
  • Community.

E-Commerce has opened new opportunities for

1. Producers

2. Wholesalers and distributors

3. Big retailers

4. Small entrepreneurs.

E-Commerce Drivers

1.Digital convergence

2.Ubiquity

3.Changes in organizations

4.Information Density

5.Personalization/Customization

Categories of E-Commerce Business Models

Business-to-Business (B2B) 

Business-to-Consumer (B2C) 

Consumer-to-Consumer (C2C) 

Consumer-to-Business (C2B) 

Business-to-Administration (B2A)or Business-to-government(B2G)

Framework of E-Commerce

An ecommerce framework refers to the type of software you’re using to build your ecommerce store. For example, ecommerce software Magento uses an open source framework, while BigCommerce is SaaS. Both also enable a headless framework.

These points are very important—

1. Payment: This Company provides the different payment methods as credit card, debit card or cash on delivery.

2. Time: Orders arc delivered within 24 hours.

3. Cost: Shipping is not free of cost

4. Integration: Ease Integration using credit and debit cards.

5. Scalability: Only in India.

6. Customization: Ease Customization, Registration to dcalsandycu.com is free User pay only hilled when purchase a deal from Deals and You Company.

7. Challenges: Deals and you Company makes no warranty for the quality, safety, usability, or other aspecd of the product or service marketed through Deals and You.

8. Platform: E-mail support and Phone support.

9. Hardware: servers used for online order for 24×7. Big companies uses clouds for fast access of data at any time any where.

10. Software: software must be easy for customers and must be customer friendly. Today most of the software’s are used in mobile. So mobile apps must be easier and consumer friendly.

Some of the popular mobile apps are:

1. Amazon

2. Flipkart

3.Mintra

4. Jio Mart

Website can be maintained by

1. Outsourcing

2. In house Development

Outsourcing: This way website maintained by expert and professionals and all they need money to maintain the website. If the business type is small then this method is very good but in case of better.

2. In house Development: experts worked for their own company in which they are working and provide services to all outside as a outsourcing company

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