E-COMMERCE

Electronic business (E-commerce), also known as e-business, is a financial business transaction that occurs over an electronic network. Two types of popular e-commerce are shopping and trading stocks. The e-commerce that takes place using mobile devices is called m-commerce(mobile commerce).📱

ADVANTAGES OF E-COMMERCE

Here are few advantages listed  of e-commerce for buyers and sellers:

For buyers

оThey have the convenience of shopping at home.

о They can compare the price of items easily.

о Door step delivery of the desired goods and services

о They can also give instant feedback

For sellers

о The web offers low overhead expenses

о Free or low-cost marketing activities

о Potential buyers can be millions of people

E-commerce business models

The four basic models of e-commerce business are:

☺Business-to-consumer(B-to-C or B2C): E-commerce consists of the sale of products or services from services from business concern to the general public or end users.

☺Consumer-to-consumer(C-to-C or C2
C):E-commerce, the individuals use the internet to sell products and services directly to the other individuals.

☺Business-to business(B-to-B or B2B):E-commerce, the sale or exchange of products and services takes place between firms.

☺Business-to-employee(B-to-E or B2E):also known as intra business e-commerce refers to the use of Intranent technology to handle activities that takes place within a business.

E-retailing

once you have researched about your product, read the reviews and found the best price, you are ready to purchase the product. E-retail occurs when retailers use the web to sell their products and services.

Note: always research before you purchase online

Mode of payment can be credit card, debit card, electronic wallets(e-wallet).

Net banking is a system of banking in which a customer may perform banking transactions without visiting the bank personally.

TOP E-COMMERCE WEBSITES!!

1. Amazon.com

2.Flipkart.com

3.Snapdeal.com

4.Alibaba.com

BLOGGING is an exciting and dynamic medium by which you can publish your ideas, opinions, and stories online. It is  a place to express yourself to the world.

Blog and Vlog

Blog is a website that consists of a frequently updated collection of information and entries.

Vlog is a blog that contains video is sometimes called a video blog or vlog.

THANKYOU!

-Shreeya Singh Parmar 8A