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Exploring Electronic Commerce
               • E-commerce is
                 changing every
                 facet of life
                 i.e. workplace and
                 home
               • It is changing the
                 way we shop,
                 learn, interact and
                 transact business
Managing Electronic Commerce- 1
           • E-commerce is `any type
             of business transaction in
             which the parties interact
             electronically rather than
             by physical exchanges of
             documents or direct
             meetings amongst
             officials.’
Managing Electronic Commerce - 2
                 Characteristics
             •   Doing business on-line
             •   No human intervention
                 needed
             •   Can be utilized as an
                 alternative sales
                 channel
             •   Tremendously flexible
Managing Electronic Commerce- 3
                  Advantages
              •   Great way to
                  disseminate information
                  & work
              •   Cuts down the channel
                  of intermediaries
              •   Cuts down on printing
                  cost and staff
              •   Global reach
              •   Encourages competition
                  and reduces prices
E- Commerce in India
         • No. of computers per
           person is too small
         • Access to Internet is too
           limited
         • Credit cards not
           commonplace
         • No scope for bargaining
         • Buying from catalogue
           does not trigger desire
E-Commerce
E-commerce is bringing about a paradigm
  shift in the world of trading
• Changing every facet of our life
• Growth of internet is the most important
  event of this century
• Due to its flexibility anyone can do cyber
  business & earn millions
• Doing business is cost effective
• Encourages competitions
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Managing eCommerce

  • 1. Exploring Electronic Commerce • E-commerce is changing every facet of life i.e. workplace and home • It is changing the way we shop, learn, interact and transact business
  • 2. Managing Electronic Commerce- 1 • E-commerce is `any type of business transaction in which the parties interact electronically rather than by physical exchanges of documents or direct meetings amongst officials.’
  • 3. Managing Electronic Commerce - 2 Characteristics • Doing business on-line • No human intervention needed • Can be utilized as an alternative sales channel • Tremendously flexible
  • 4. Managing Electronic Commerce- 3 Advantages • Great way to disseminate information & work • Cuts down the channel of intermediaries • Cuts down on printing cost and staff • Global reach • Encourages competition and reduces prices
  • 5. E- Commerce in India • No. of computers per person is too small • Access to Internet is too limited • Credit cards not commonplace • No scope for bargaining • Buying from catalogue does not trigger desire
  • 6. E-Commerce E-commerce is bringing about a paradigm shift in the world of trading • Changing every facet of our life • Growth of internet is the most important event of this century • Due to its flexibility anyone can do cyber business & earn millions • Doing business is cost effective • Encourages competitions
  • 7. “Like” us on Facebook:  p // / http://www.facebook.com/welearnindia  “Follow” us on Twitter: http://twitter.com/WeLearnIndia http://twitter com/WeLearnIndia Watch informative videos on Youtube:  http://www.youtube.com/WelingkarDLP