Essay on e commerce

Submitted By vincymary
Words: 2342
Pages: 10
Open Document
E-commerce

VINCY MARY VAVACHAN

introduction
• e-commerce means electronic buying and selling on the internet.
• The Internet --->
- an efficient mechanism for advertising and distributing product information.
- enabling complete business transactions..
• Symbol of globalization – access entire world market • Many company have taken advantage of the
Web and Ecommerce to reduce cost, improve revenue, and increase customer services.
VINCY MARY VAVACHAN

commerce
• According to Dictionary.com
• Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities
VINCY MARY VAVACHAN

Commerce divided into –

Ecommerce

• Internet commerce
• Mobile commerce

Traditional commerce VINCY MARY VAVACHAN

definition
E-commerce = business activities (both communications and transactions) conducted electronically (includes not only ordering, invoicing and payment but also marketing, advertising and communications “..The production, distribution, marketing and sale or delivery or delivery of goods and services by electronic means (WTO, Committee on Trade and
Development, November 1998).
VINCY MARY VAVACHAN

Electronic commerce is about doing business electronically.
(P. Timmers, Electronic
Commerce – Strategies and
Models for Business-toBusiness Trading. John Wiley &
Sons, 2000)
VINCY MARY VAVACHAN

elements
•
•
•
•
•

Promote your Web site presence.
Have an online catalog or store.
Have the capability to receive payments.
Be able to deliver the item.
Provide after-the-sale support.

VINCY MARY VAVACHAN

E-commerce v. traditional commerce
Activity

Traditional commercial E-commerce

Product information

Magazines, flyers

Web sites, online catalogs

Business communication

Regular mail, phone

E-mail

Check product availability

Phone, fax, letter

E-mail, web sites and extranets Order generation

Printed forms

E-mail, web sites

Product acknowledgements

Phone, fax

E-mail, web sites and EDI

Invoice generation

Printed forms

Web sites

VINCY MARY VAVACHAN

E-commerce and E-business

VINCY MARY VAVACHAN

history
• Its early beginnings started during the cold war years when the world was racing to build missile defense systems but, the history of modern Ecommerce is relativity short having its beginnings in the mid 1990s
VINCY MARY VAVACHAN

Early beginnings……..
• 1960 –
Ecommerce purpose was to exchanging electronic data long distance. In these early days of Ecommerce, users consisted of only very large companies, such as banks and military departments, who used it for command control communication purposes.
This was called EDI, and was used for electronic data interchange.
VINCY MARY VAVACHAN

• late 1970s – new protocol was developed –
1. ASC X12 which was used for the exchange of business documents and information electronically. 2. Another system was being developed at the same time by the Military known as ARPAnet,
-- first to use the "dial up" method of sending information via telephone networks. It was considered the grandfather of the modern
Internet
VINCY MARY VAVACHAN

• 1982 -Transmission Control Protocol and
Internet Protocol known as TCP & IP was developed. This was the first system to send information in small packets along different routes using packet switching technology, like todays Internet.
VINCY MARY VAVACHAN

Modern development……
• 1991 when a computer scientist working under contract for CERN "Tim Berners-Lee" made a huge advancement by communicating via the
Internet using HTTP. – Birth of world wide web

FATHER OF www
VINCY MARY VAVACHAN

1994:
• Netscape releases the Navigator browser in
October under the code name Mozilla.
• Pizza Hut offers online ordering on its Web page. • The first online bank opens. Atempts to offer flower delivery and magazine subscriptions online. • Adult materials also
Show More

Related Documents: Essay on e commerce

Difference Between E Commerce And E-Commerce

and growing trend of e-commerce and m-commerce. It will discuss the type of Internet business model that Faith Filled Fibers should use. Then it will discuss the benefits of using and owning an Internet website. Lastly, it will review the specifications (both functional and technological) that a computer, laptop, or smart phone should possess in order to fulfill the website requirements. E-Commerce and M-Commerce Introduction Electronic commerce (also known as E-commerce) is defined as the buying…

Words 1063 - Pages 5

e commerce paper

E-Commerce E-Commerce also known as Electronic Commerce, is defined as any type of business, or commercial transaction that involves the transfer of information across the Internet (networksolutions.com). E-commerce had started well before the internet, staring within the 1960s, corporations started sharing files and facts with each other numerically, the very first sort of e-commerce. With the internet, individuals acquired the capability to order products or services from businesses and each…

Words 570 - Pages 3

E-Commerce Essay

what e-commerce is and using Amazon.com as an example. As the paper posted on eservglobal.com explains that there are four basic types of e-commerce, and commonly refers to Amazon.com as an example of all the business models. The business models discussed are the Business to Business models and the Business to Consumer model and finally the Consumer to Consumer model. While the Consumer to Business model is listed this paper will not be covering that aspect of e-commerce. The basis of e-commerce…

Words 815 - Pages 4

E-Commerce Essay

that you come across with e-Commerce. A single incident could result in fines, negative publicity and a loss of trust and credibility for your organisation. Whilst an element of risk is unavoidable, the designing and implementation of a strong internal control system and using the latest technological advances together combats, safeguards, prevents and reduces against these risks and hazards. 1. Protection from Attacks and Intrusion: The greatest hazard to e-commerce from the internet is the…

Words 529 - Pages 3

E-Commerce Essays

Introduction E-business is the term used to define a business that has a virtual existence on the internet to enable e-commerce. E-commerce can be defined as “the behavior of business among e-enterprises and consumers” where e-business means “a business enterprise with the capability to exchange value (money, goods, services and information) electronically” (Anderson Consulting,1999). E-business has played an important role in the nature of retailing. John Dawson (1996) suggested that there…

Words 1396 - Pages 6

E-Commerce Essay

Chapter 4 1. Name the six main pieces of the e-commerce site building puzzle. * Organizational Capabilities * Hardware Architecture * Software * Telecommunications * Site Design * Human Resources 2. Define the systems development life cycle and discuss the various step involved in creating an e-commerce site. * Methodology for understanding business objectives of a system and designing an appropriate solution 1. Systems analysis/planning 2. Systems design…

Words 2668 - Pages 11

Essay on E-Commerce

E-Commerce. Definition. E-Commerce refers to business over the internet. It is when we use the internet to buy goods; book holidays or even use auction sites, websites such as Amazon, eBay and Buy are all e-commerce sites. E-Commerce includes all types of business activity, such as retail shopping, banking, investing and rentals. E-Commerce involves anything to do with the buying or selling of products or services over the internet. This includes marketing and advertising. How is choice…

Words 1251 - Pages 6

E-Commerce Essay

server to extract those text into the header and footer of the visible web page. RQ3. In about 200 words, compare the POP e- mail protocol to the IMAP e- mail protocol. Describe situations in which you would prefer to use one protocol over the other and explain the reasons for your preference. Both POP and IMAP e-mail protocols allow clients to send and receive e-mail as well as support Multipurpose Internet Mail Extensions (MIME), which are attachments such as documents, photos, and music…

Words 1765 - Pages 8

Ethical Issues In E-Commerce

advertising offers a solid platform for Electronic Commerce e-commerce) to explode. To give safe shopping transactions connected with instant validation and verification of transactions through credit card E-Commerce has the capacity. E-Commerce is doing business leveraging the technology not only about the technology itself the technology. A change in technology is followed by usual incorporation of ethical standards into law. New forms of E-Commerce enables new business practices have many benefits…

Words 990 - Pages 4

Essay On E Commerce And Amazon

E-Commerce and Amazon Penny Tuñon November 19, 2012 Professor Jimmie Flores Abstract The evolution in technology has opened up a plethora of opportunities for businesses in our days. It allows businesses to sell their products to customers without having to go through a brick and mortar store which can save them money and effort, and allows the customer the freedom to shop from their own home without having to use gas and time to visit a store in person. In the case of Amazon (www.amazon.com), other…

Words 2649 - Pages 11