E-Commerce:The Indian Market Scenario Author:Gaurav Karmarkar In simple terms‚e-commerce(electronic-commerce) refers to exchange of goods that takes place online i.e via the internet.Based on valuation‚75% of the e-commerce in India is travel related(airline tickets‚railway tickets‚hotel bookings etc) while actual online shopping accounts for a mere 12-13%.The present day growth of the Indian e-commerce market is marked at about 30% which is nearly more than thrice that of the average 8-10%
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This approach in e-commerce is mainly based on a model that has been created by Pear Omidyar‚ the designer and owner of the ebay site‚ and inventive people like him. In this model‚ the good sellers find it possible to supply their goods to end customers in a broader environment. Omidyar has been tried to provide a situation according to the broad spectrum of visitors on the internet‚ which sellers to sell their goods in the auction of goods in the same way as the real world. But the main difference
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E-Business & E-Commerce Chapter 1: Framework for ECommerce Topics Covered Objectives How big is E-Business? What is E-Commerce? What is E-Business? How does E-Business differ from ECommerce? E-Commerce Framework Summary Further reading 2 April 25‚ 2012 Objectives Describe briefly the past‚ present and future of e-business Describe e-commerce Provide an example Provide an example Describe e-business Differentiate between e-commerce and ebusiness
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QUESTION BANK 13.1 13.2 Define E-commerce. What are the different types of E-commerce? Explain B2B E-Commerce using an example of a book distributor who stocks a large number of books‚ which he distributes via a large network of book sellers. Assume that the distributor has stocks of books of a large number of publishers and book sellers order books as and when their stock is low. Distributors give 1 month’s time to booksellers for payment. 13.3 Explain B2C E-Commerce of a customer reserving airline
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Table of Contents Definition and types of E-commerce 3 E-commerce payment systems 3-4 Importance of E-commerce in modern business 3 Conclusion 7 Recommendation 7 References 8 E-Commerce refers to the buying and selling of products and services over electronic systems like the internet and other computer networks. This system depends on technologies like electronic funds transfer‚ supply chain management‚ internet marketing‚ online transactions
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world. Many companies are turning to e-commerce and e-business. One recent statistic states‚ “E-commerce and online auctions will see a 16.9% revenue increase by the end of 2009.†There is no doubt that E-commerce is taking its turn in the consumer world. Among this research is the corporate giant‚ Wal-Mart. In this paper we will be discussing the advantages‚ and the disadvantages of both e-commerce and brick and mortar businesses. E-commerce is helping both consumers and companies
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ARE E-COMMERCE VALUATIONS UNREALISTIC There are expectations of a $100 billion firm in the e-commerce industry. The valuation bar has only been raised with every round of funding in e-commerce. A firm that is valued at $1bn in November 2013‚ reaches a valuation of $3bn within four months‚ it jumps to $7bn figure again four months after that? Nothing surprising there given the potential of the sector. But all this rush of money into the system‚ in a short span of time is what worries one. Investors
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Potential Risks of an E-Commerce System Computer viruses and malicious software are some of the biggest threats to an e-commerce system. Viruses come from external sources and can corrupt files if introduced into the internal network. They can completely halt or destroy a computer system and disrupt the operations of any website especially E-Commerce. Malicious software such as Trojan horses pose an even greater threat as they can capture information about your clients before any encryption software
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the social implications of e-commerce on society The growing use of e-commerce has inevitably meant that society has changed and evolved to accept the change in buying habits. Terms like “Black Friday” and “Cyber Monday” indicate just how much e-commerce has meshed itself into our culture. 5.1) Explain the social implications of e-commerce on society. The implications that need to be explained are: • bricks and clicks e.g. high street stores having an e-Commerce facility • advantages to
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CONSUMER BENEFITS FROM E-COMMERCE This paper aims to discuss the positive impacts that E-commerce has on consumers and how it has made their lives easier. E-commerce is the process of buying and selling products and services using the Internet. The product or service is offered to the costumer in an online shop‚ sellers’ website. The process of purchasing things online is very easy‚ the consumers just have to select and order the products or services they want to buy‚ which are then paid by credit
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