what is e commerce, advantages and disavantages, history and evolution of e commerce, e commerce in india, types of e commerce

2. Introduction
 E-commerce is the buying and selling of goods
and services, or the transmitting of funds or data,
over an electronic network, primarily the internet.
 Ecommerce allows consumers to electronically
exchange goods and services with no barriers of
time or distance.
 66% of total population using e-commerce, this
statistics is set to rise to 85% over next 5 years.

3. History
 1983 – Internet was introduce to public.
 1991 – W.W.W. Was created.
 1994 - Netscape releases the Navigator browser. Pizza Hut
offers online ordering on its web page.
 1995 – eBay was founded, Amazon made it’s first sale.
 1996 – over 40 mil. People have internet access, online sale
surpass $1 bill. Of a year.
 1998 – Pay Pal was founded by which people make payment
online.

4.  2000 – Revenue from U.S. Online shopping total
over $25 billion.
 2001 – 70% of Internet users make online
purchasing during festive season.
 2003 – Apple launched itunes, the first major
digital music store.
 2004 – Facebook started selling Advertisements.
 2008 – online purches are made on mobile first
time.
 2012 – online B2c sale surpass $1trillion.

5. In India....
 In 2002 when ebay started their operations in
India. But till 2007 they hardly faced any
competition or even got a big business
 In 2007 Flipkart was launched.
 In the same year, Myntra came into picture with
their model of fashion industry.
 There were several other companies like Home
shop 18, Infibeam, Lets buy etc. which came into
the league.

6.  by 2014 June number of internet users in India
was more than 240.2 billion.
 India’s eCommerce sector has grown from
3.8billion$ in 2009 to more than 20billion$ by
2014.
 India will cross the 100billion$ mark by 2019.

7. Types
 Business-to-Business (B2B)
 Business-to-Consumer (B2C)
 Consumer-to-Consumer (C2C)
 Consumer-to-Business (C2B).
 Business-to-Administration (B2A)
 Consumer-to-Administration (C2A)

8. Business-to-Administration (B2A)
 It encompasses all transactions conducted online
between companies and public administration. it
involves a large amount and a variety of services,
particularly in areas such as fiscal, social security,
employment, legal documents and registers, etc.
These types of services have increased
considerably in recent years with investments
made in e-government.

9. Advantages
 Faster buying/selling procedure, and 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.

10. Disadvantages
 There are many 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.