EcommerceGagan Sikri (171162)

What is Ecommerce

Electronic commerce, commonly known as e-commerce, is a type of industrywhere the buying and selling of products or services is conducted overelectronic systems such as the Internet and other computer networks.Electronic commerce draws on technologies such as mobile commerce,electronic funds transfer, supply chain management, Internet marketing, onlinetransaction processing, electronic data interchange (EDI), inventorymanagement systems, and automated data collection systems. Modernelectronic commerce typically uses the World Wide Web at least at one point inthe transaction's life-cycle, although it may encompass a wider range oftechnologies such as e-mail, mobile devices social media, and telephones aswell.

Types of Ecommerce

B2B (Business-to-Business)Companies doing business with each other such as manufacturers selling to distributors and wholesalers selling to retailers. Pricing is based on quantity of order and is often negotiable.

B2B (Business-to-Business)

Tatab2b.comIndiamart.com

Types of Ecommerce (Contd.)

B2C (Business-to-Consumer)Businesses selling to the general public typically through catalogs utilizing shopping cart software. By dollar volume, B2B takes the prize, however B2C is really what the average Joe has in mind with regards to ecommerce as a whole.

B2C (Business-to-Consumer)

Flipkart.comSnapdeal.com

Types of Ecommerce (Contd.)

C2B (Consumer-to-Business)A consumer posts his project with a set budget online and within hours companies review the consumer's requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elance empowers consumers around the world by providing the meeting ground and platform for such transactions.

C2B (Consumer-to-Business)

Odesk.comElance.com

Types of Ecommerce (Contd.)

C2C (Consumer-to-Consumer)There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where people can send and receive money online with ease. eBay's auction service is a great example of where person-to-person transactions take place everyday since 1995.

C2C (Consumer-to-Consumer)

Justdial.comOlx.in

Trend of Ecommerce in India

Quick Stats:

Top 10 ecommerce websites in India:

1. Flipkart.com

2. Ebay.in

3. Snapdeal.com

4. Jabong.com

5. Myntra.com

6. Yebhi.com

7. Tradus.com

8. Naaptol.com

9. Infibeam.com

10. Fashionandyou.com

Future of ecommerce in India

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Payment Gateway

Ecommerce (Contd.)

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Payment Gateways in India

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