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E-commerce
Presented By Mahrukh Rasheed

Agenda
Defining Electronic Commerce Why E-commerce is different? Digital Market & Digital Goods Types of E-Commerce Types of E-payment Systems Threats to E-commerce

Defining E-commerce
E-commerce refers to the use of Internet and web to transact business. Commercial transactions involve the exchange of value in return for goods and services. E-commerce began in 1995. Remains the fastest growing form of commerce.

Why E-commerce is Different?


Why has E-commerce grown so rapidly? The answer lies in the unique nature of Internet and Web.

Some of the unique features are as follows

Ubiquity/ Omnipresence Global reach Universal Standards

Interactivity Information Density Personalization/ Customization

Digital Market And Digital Goods


Digital Market are Transparent. Flexible. Reducing Purchase Price. Examples include music tracks, videos, softwares, magazines, books etc. Digital Goods Can be delivered over a digital network

Types of E-commerce
The three major E-commerce categories are B2B B2C C2C

Business to Business (B2B)

E-commerce involving Sales of goods and services among businesses. For example: ChemConnect
Business to Consumer (B2C) Involves retatiling of goods and services to individual shoppers. For example: BarnesandNoble.com

Consumer to Consumer (C2C) Involves consumers selling directly to consumers For example: eBay and Amazon

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Types of E-payment Systems


Digital Wallet Google Checkout Micropayment For purchases of less than $10. Accumulated balance digital payment system. Paid periodically on the credit card or telephone bills

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Online Stored value Payment System


Enables users to send money ot the vendors who do not accept credit card.

Electronic Cash
Amount of money that is computerized, stored and used as cash .

Smart Cards
A Credit card sized device.

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Threats to E-Commerce
Security
Financial information Theft Malware Attacks Personal information Theft

Fraud
Identity Frauds Investment Frauds

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Privacy

Intellectual Property
Issues regarding Patents Copyrights Trademarks

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The End

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