1.e commerce - final 12-11-13
TRANSCRIPT
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 1/63
Rishikesh. K. B. Christ Universit Ban alore-29
Unit One
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 2/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 3/63
E-Commerce: Meaning
Electronic Commerce, commonly known as E-Commerce, is a type of industry where the buying
and selling of products or services is conducted overelectronic systems such as the Internet and other
computer networks.
E-Commerce draws on technologies such as MobileCommerce, Electronic Funds Transfer, Supply Chain
Management, Internet marketing, Online transactionprocessing, Electronic Data Interchange (EDI),Inventory Management Systems, and Automated
Data Collection systems.
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 4/63
E-Commerce Covers:
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 5/63
E-Commerce Covers: E-tailing or "virtual storefronts" on websites with online
catalogs, sometimes gathered into a "virtual mall" Buying or Selling on various websites and/or online
marketplaces
The gathering and use of demographic data through Web
contacts and social media Electronic Data Interchange (EDI), the business-to-
business exchange of data
E-mail and fax and their use as media for reaching
prospective and established customers (for example, with
newsletters)
Business-to-business buying and selling
The security of business transactions
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 6/63
Rishikesh. K. B. Christ Universit Ban alore-29
E-Commerce Covers:
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 7/63
E Commerce: Advantages
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 8/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 9/63
E Commerce: Advantages Convenience: 24 hrs a day. 7 days a week. (24/7/365)
Selection: Wide array of products. Comparison Shopping.
Ubiquity: Overcome Geographical Limitations, Global Reach ! Gain New Customers With Search Engine Visibility.
Lower Operational And Promotional Cost:
Eliminate Travel Time And Cost: Always Open !
Locate Products Quicker: Intuitive Navigation through SearchEngines To Narrow Down Product Search.
Abundant Product Information: Transparency & Flexibility.
Deals, Bargains, Coupons and Group Buying:
Targeted Marketing: Personalised And Customised. Interactivity: Gets Quick Response & Immediate Feedbacks.
Identify New Suppliers, Partners, and Customers,.
No Physical Company Setup. Increase Sales – Decrease Cost.
Digital transactions - Less Paperwork !Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 10/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 11/63
E Commerce: Disadvantages Inability to touch and experience the merchandise.
(Psychological Barrier ) – Depersonalise transactions
Inaccessibility to technology and internet.
Majority of business are yet to go online. High startupcost. (Connection, Hardware – Software, Maintenance)
Hacking, Virus attack, Spy and fraudulent interception.(lacks public trust). Delay in deal.
Anonymity of business leads to suspicion.
Credit Card has not penetrated Indian market.
Small business finds it hard to conform to E-Commercebusiness standards. Huge investments.
Shopping portals vulnerable to attacks. (Eg:
Hacktivists). Inherent technological limitations.Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 12/63
E Commerce: Disadvantages
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 13/63
E Commerce Security
Confidentiality
Integrity
Availability
Authenticity
Non Repudiability
Encryption
Auditability
Rishikesh. K. B. Christ Universit Ban alore-29
Following are the essential requirements for safe e-
payments/transactions
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 14/63
Confidential - Information should not be accessible to unauthorized
person. It should not be intercepted during transmission.
Integrity - Information should not be altered during its transmission
over the network. Availability - Information should be available wherever and
whenever requirement within time limit specified.
Authenticity - There should be a mechanism to authenticate user
before giving him/her access to required information. Non-Repudiabiity - It is protection against denial of order or denial of
payment. Once a sender sends a message, the sender should not able
to deny sending the message. Similary the receipient of message
should not be able to deny receipt. Encryption - Information should be encrypted and decrypted only by
authorized user.
Auditability - Data should be recorded in such a way that it can be
audited for integrity requirements.Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 15/63
Encryption - It is a very effective and practical way to
safeguard the data being transmitted over the network.Sender of the information encrypt the data using a
secret code and specified receiver only can decrypt the
data using the same or different secret code.
Digital Signature -Digital signature ensures the
authenticity of the information. A digital signature is a
e-signature authentic authenticated through
encryption and password.
Security Certificates - Security certificate is unique
digital id used to verify identity of an individual website
or user.
Measures to Ensure E-Commerce Security
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 16/63
E-Commerce Websites Popular
in India
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 17/63
Unique Features of E-Commerce Technology and their
Potential Ethical, Social, and Political Implications
E-Commerce
Technology
Dimension
Potential Ethical, Social, and Political Significance
Ubiquity Work and shopping can invade family life
Shopping can distract workers at work lowering productivity
Use of mobile devices can lead to automobile or industrial
accidents
Global reach Reduces cultural diversity in products
Weakens local small firms while strengthening large global firms
Easier to move manufacturing production to low-wage areas ofthe world
Weakens nation’s abilities to control their information destiny
Universal
standards
Increases vulnerability to viruses and hacking
Increases the likelihood of “information” crime
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 18/63
Unique Features of E-Commerce Technology and their
Potential Ethical, Social, and Political Implications (cont.)
E-Commerce
Technology
Dimension
Potential Ethical, Social, and Political Significance
Richness Reduces use of text and potentially the ability to read
Enables development of persuasive messages that may reduce
reliance on multiple independent sources of information
Interactivity Interaction with commercial sites may be shallow and meaningless
Customers do not really “co-produce” the product
Amount of customization is minimal
Informationdensity
Total amount of information increases, but so does the possibility offalse or misleading information, unwanted information, and
invasion of solitude
Overall information quality may decline
Individual information overload
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 19/63
Unique Features of E-Commerce Technology and their
Potential Ethical, Social, and Political Implications (cont.)
E-Commerce
Technology
Dimension
Potential Ethical, Social, and Political Significance
Personalization/
customization
Opens up the possibility of intensive invasion of privacy for
commercial and governmental purposes that is unprecedented
Social
technology
Creates opportunities for cyber bullying, abusive language, and
predation
Creates new challenges to privacy
Creates new opportunities for surveillance by authorities and other
organizations into private lives
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 20/63
Data Mining - Businesses get customers personal
information to better understand the customer’sneeds and so forth. They go on to discuss that this is
legal, but is it ethical…?
Adware - A form of spyware that collects informationabout the user in order to display advertisements in
the Web browser based on the information it collects
from the user's browsing patterns.
E-mail spoofing - Forging an e-mail header to make it
appear as if it came from somewhere or someone
other than the actual source.
E-Commerce – Ethical, Social and
Political Issues
Rishikesh. K. B. Christ Universit Ban alore-29
C S
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 21/63
Spam – Email that is sent to thousands of random email
addresses for a purpose. Some business will send their adsto people’s emails to gain new customers and increase
sales.
E-Commerce – Ethical, Social and
Political Issues
Rishikesh. K. B. Christ Universit Ban alore-29
Spam – Email that is sent to thousands of random
email addresses for a purpose. Some business willsend their ads to people’s emails to gain newcustomers and increase sales.
Bait and Switch – When a company has a ad thatmost of the time sounds to good to be true, to getpeople on their site and then once they are on thesite the customer finds out what the ad said isn’t
entirely true or misleading. Typo squatting – Purchasing a domain name that is avariation on a popular domain name with theexpectation that the site will get traffic .
Eg: yahooo, gogle..
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 22/63
ELECTRONIC BUSINESS
Christ University, Bangalore-29 Rishikesh. K. B.
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 23/63
E-Commerce E-Business
E-Commerce describes the process ofbuying, selling, transferring, or exchanging
products, services, and/or information via
computer networks, including the Internet.
E-Business refers to a broader definition of
e-commerce, not just the buying and selling of
goods and services, but also servicing
customers, collaborating with business
partners, conducting e-learning.
Christ University, Bangalore-29 Rishikesh. K. B.
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 24/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 25/63
A Win-Win From the store owner's perspective, Ecommerce provides a
way to instantly satisfy demand for products, services, and
information of each customer individually.
From the customer's perspective Ecommerce offers
convenience, variety, cost savings, and anonymity.
Ultimately, Ecommerce shifts the power from the merchantto the consumer.
Ecommerce also provides a way for the merchant to connect
his customers, vendors, suppliers and employees all over the
world. He can enable his business or organization to reachan infinite number of customers over the Web, seeking out
potential markets that were once outside the traditional
boundaries of his business.
Christ University, Bangalore-29 Rishikesh. K. B.
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 26/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 27/63
E-MarketElectronic markets (or electronic marketplaces) are
information systems (IS) which are used by multipleseparate organizational entities within one or among
multiple tiers in economic value chains.
In analogy to the market concept which can be viewedfrom a macroeconomic (describing relationships amongactors in an economic systems, e.g. a monopoly ) as well
as from a microeconomic (describing different
allocation mechanisms, e.g. public auctions oftelephone frequencies) perspective, electronic markets
denote networked forms of business with manypossible configurations
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 28/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 29/63
Social Commerce
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 30/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 31/63
Social Commerce
Social Commerce
is a subset of electronic commercethat involves using social media, online media thatsupports social interaction, and user contributions toassist in the online buying and selling of products and
services.
The term social commerce was introduced by Yahoo!
in November 2005,
to describe a set of onlinecollaborative shopping tools such as shared pick lists,
user ratings and other user-generated content-sharingof online product information and advice
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 32/63
The concept of social commerce
was developed by David Beisel
to denote user-generated
advertorial content on e-
commerce sites,
and by Steve Rubel to includecollaborative e-commerce tools
that enable shoppers "to get
advice from trusted individuals,find goods and services and
then purchase them".
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 33/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 34/63
Social Commerce : Examples Customer ratings and reviews
User recommendations and referrals
Forums and Communities
Social Applications and Social Advertising
Augmented Reality - allows shoppers to visualiseapparel items on themselves and solicit feedbackthrough social media tools
* Note: Academics refer Social Commerce as colla-borative networks of online vendors, whereas SocialShopping as collaborative activity of online shoppers.
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 35/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 36/63
6 C’s in Social Commerce
Content: engage with customers, prospects and stake-holders through valuable published content on the web
Community: Treating the audience as a community with
the objective of building sustainable relationships
Commerce: Being able to fulfill customers' needs via atransactional web presence
Context: able to track real-world events
Connection: defining and documenting the relationshipsbetween people
Conversation: The Cluetrain Manifesto noted that
‘all markets are conversations’ !
Rishikesh. K. B. Christ Universit Ban alore-29
S i l C
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 37/63
Social Commerce
Rishikesh. K. B. Christ Universit Ban alore-29
S i l C
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 38/63
Social Commerce
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 39/63
F-Commerce
Facebook commerce, f-commerce, and f-
comm refer to the buying and selling of
goods or services through Facebook, eitherthrough Facebook directly or through the
Facebook Open Graph.
In March 2010, 1.5 million businesses had
pages on Facebook that were built using
Facebook Markup Language (FBML).
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 40/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 41/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 42/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 43/63
M-Commerce
Rishikesh. K. B. Christ Universit Ban alore-29
M bil C
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 44/63
Mobile Commerce
(M-Commerce)
M-commerce (mobile commerce) is the buyingand selling of goods and services through wireless
technology-i.e., handheld devices such as cellular
telephones and personal digital assistants (PDAs).
Japan is seen as a global leader in m-commerce.
As content delivery over wireless devices becomes
faster, more secure, and scalable, m-commerce
will surpass wireline e-commerce as the method
of choice for digital commerce transactions.
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 45/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 46/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 47/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 48/63
Email MarketingEmail Marketing is directly marketing a commercial
message to a group of people using email. In itsbroadest sense, every email sent to a potential or
current customer could be considered as such.
It usually involves using email to send ads, requestbusiness, or solicit sales or donations, and is
meant to build loyalty, trust, or brand awareness.
(Note: Researchers estimate that United States firms
alone spent US $1.51 billion on email marketing in
2011 and will grow to $2.468 billion by 2016)
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 49/63
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 50/63
Email Marketing
Sending email messages with the purpose ofenhancing the relationship of a merchant with
its current or previous customers, to encourage
customer loyalty and repeat business. Sending email messages with the purpose of
acquiring new customers or convincing current
customers to purchase something immediately. Adding advertisements to email messages sent
by other companies to their customers.
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 51/63
E-Trading
Electronic Trading, sometimes called etrading, is amethod of trading securities (such as stocks, and
bonds), foreign exchange or financial derivatives
electronically.
Information technology is used to bring together
buyers and sellers through an electronic trading
platform and network to create virtual market
places such as NASDAQ, NYSE Arca and Globexwhich are also known as electronic
communication networks (ECNs)
Rishikesh. K. B. Christ Universit Ban alore-29
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 52/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 53/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 54/63
2. Business-to-Consumer
Rishikesh. K. B. Christ Universit Ban alore-29
Website
following
B2C
businessmodel sells
its product
directly to acustomer.
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 55/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 56/63
1 B i t G t
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 57/63
1. Business-to-Government
Rishikesh. K. B. Christ Universit Ban alore-29
Such websites are used by government to trade
and exchange information with various business
organizations.
Note:
B2G provide a medium to businesses to submit application forms
to the government
2 G t t Citi
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 58/63
2. Government-to-Citizen
Rishikesh. K. B. Christ Universit Ban alore-29
Such websites support auctions of vehicles,
machinery or any other material. Such website also
provides services like registration for birth, marriage
or death certificates. Main objectives of G2Cwebsite are to reduce average time for fulfilling
people requests for various government services.
3 G t t B i
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 59/63
3. Government-to-Business
Rishikesh. K. B. Christ Universit Ban alore-29
Such websites support auctions, tenders and
application submission functionalities.
4. Government-to-Government
This model involves transactions between 2
governments
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 60/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 61/63
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 62/63
Clarifications….. if Any….?
Christ University, Bangalore-29 Rishikesh. K. B.
8/13/2019 1.E Commerce - Final 12-11-13
http://slidepdf.com/reader/full/1e-commerce-final-12-11-13 63/63