3. The Digital Phenomenon
Data networks
Intense competition
Globalization
Information age
Technologies
Automation
Low cost high quality
products/services
DIGITAL
5. Traditional vs. Electronic
•
Traditional commerce:
•
Firms engages in many
other activities in
addition to buying and
selling their product
•
Traditional commerce
include: buyers and
sellers using old fashion
method to do business
•
Electronic Commerce:
•
Firms has used various
electronic
communications tools
to conduct different
kinds of business
transactions.
•
Electronic Commerce
use technology to
moves people around
the world
10. Business to Business
• Business-to-business (B2B) describes
commerce transactions between businesses,
such as between a manufacturer and
a wholesaler, or between a wholesaler and a
retailer.
• Example: ChenOne orders its inventory online
from its own Manufacturer.
11. Business to Consumer
• A transaction conducted over the Internet
between a business and a consumer.
• Example: Daraz.pk
12. Consumer to Business
• A consumer posts his project with a set
budget online and within hours companies
review the consumer's requirements and bid
on the project.
13. Consumer to Consumer
• Transaction takes place between One
consumer to another Consumer without any
Physical Interaction between them.
• Example: olx.com
15. Advantages of E-Commerce
• Increase sales and decrease sales costs
• A small firm's promotional message out to
potential customers in every country in the
world with good ad
• Reach narrow market segments that are
geographically scattered
16. Continue
• Increases sales opportunities for seller, it also
increases purchasing opportunities for the
buyers
• Businesses can identify new suppliers and
business partners
• Provides buyers with a wide range of choices
than traditional commerce
17. Benefits for General Welfare
• Electronic payments of tax refund, public
retirement, and welfare support cost less to
issue and arrive securely and quickly when
transmitted over the Internet
• Electronic payments can be easier to audit and
monitor than payments made by check,
providing protection against fraud and theft
losses
• Electronic commerce enables people to work
form home
18. Disadvantages of E-Commerce
• Many products and services require that a
critical mass of potential buyers be equipped
and willing to buy through the Internet.
• Costs and benefits have been hard to quantify
• Many firms have had trouble recruiting and
retaining employees with the technological,
design, and business process skills needed to
create an effective electronic commerce
19. Continue
• Firms also have difficulty of integrating
existing database and transaction-processing
software designed for traditional commerce
into the software that enables electronic
commerce
• Firms also face cultural and legal obstacles to
conducting electronic commerce
21. SWOT Analysis of E-Commerce
Efficient use of technology and saving the
cost of travelling and consumer fatigue.
Dependency on the Computer and
Internet.
While sitting home or our place we can
use it.
Physical Examination of the product
or service.
SWOT
New way of acquiring Products and
service.
Privacy.
Advancement of technology.
Threat of Connectivity.
Globalization.
22. Conclusion
• By 2050 all the products and services will be
online.
• Cost saving.
• Globalization need.
• Single platform for Buyers and Sellers.
• Physical Examination.
• Creating Ease in Life.