Basics concepts of e commerce pdf

E commerce frameworks are flexible enough to adapt them to your specific requirements. Practical guide to economic concepts and theories order form people come in contact with economic concepts each and every day, either directly or indirectly. Introduction to ecommerce and e business management. Dec 16, 2015 companies could cause their stock prices to increase by simply adding an e prefix to their name or a.

With this rise, it has become easier than ever to set up your own e commerce site. Assessing if your business is ready for e commerce. Simply put, e commerce is using electronic platform for business transactions. The objective of this chapter is to get the students acquainted with the nuts 2011 11 04 abp pdf basic concept of. In the consumer world, insurance, banking, airlines and hospitality sectors have stood to benefit from e commerce model of selling. A picture of electronic commerce is emerging in which the internet will become the.

In the early days, web pages were usually created as sets of complete and isolated html text files stored on a web server. Ecommercenotespdflecturenotesuniversitylevel studocu. Commerce refers to all activities surrounding the purchase or sales of goods or services. You will learn about the similarities and differences between traditional and electronic commerce, the role each participant plays, the technologies used to place orders and process payments, the legal issues surrounding this new medium, and security protections offered for webbased. Ebusiness is an abbreviation for electronic business. Most likely you have knowledge that, people have look numerous time for their favorite books like this new concepts in commerce 2nd. Dec 16, 2009 5 essential concepts for e commerce seo perhaps the biggest challenge for an e commerce seo is that all e commerce sites are conceptually identical. Ecommerce covers outward facing processes that touch customers, suppliers and. While some use ecommerce and ebusiness interchangeably, they are distinct concepts. Ecash is a new concept in online payment system because it combines. In this article we will discuss all the aspects of e commerce, a brief introduction to e commerce and types of e commerce and various technologies of microsoft used for e commerce.

Introduction to ecommerce in ecommerce concepts tutorial. About the tutorial ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Three core concepts underpin the nature of ecommerce. Introduction to ecommerce 1 learning objectives c to understand the complexity of ecommerce and its many facets. E commerce its concerned with systems and business processes that support creation of information sources effective and efficient interaction among producers, consumers, intermediaries and sellers movement of information on global networks types of e commerce tangible goods digital goods software, music audio, text. E commerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Comparing ecommerce and ebusiness we come to the subsequent conclusion. One variation on the digital cash concept is gifi cash which is a form of. When creating your own webstore, you should start with these.

Ebusinesses that have the ability to sell, trade, barter and transact over the web can be considered ecommerce businesses. Ecommerce is the core technology of knowledge economy. Companies could cause their stock prices to increase by simply adding an e prefix to their name or a. Ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. However, in this book we will only use the term ecommerce, because every business transaction finally is involved in selling or buying of products or services. Internet in ecommerce concepts tutorial 10 may 2020 learn. Meaning of barter system definition of commerce businessindustrytradehindrances of tradebranches of commerce. Obviously not an issue for a retail only concern, however you still have to get your pricing right. Logistics woes disappear with thirdparty logistics 3pl for e commerce. In ecommerce, fraudulent identification and authentication are possible, and many businesses hire an expert to make sure these kinds of ecommerce security basics are in place. Ebusiness or online business means business transactions that take place online with the help of the internet.

The high rate of growth of business carried over internet has made it synonymous with the whole phenomenon of e commerce. Basic functions of electronic commerce software 98. The practical guide to economic concepts and theories provides concise, useful explanations of various economic concepts and theories using concrete examples and real data. This article is the first in a series that will increase your knowledge of the key concepts and how they work in the world of business. Pdf introduction to ecommerce and ebusiness management. This tutorial takes adopts a simple and practical approach to explain the. Basic theoretical concepts four basic theoretical concepts will serve us as a foundation for understanding sys. For the sake of the longevity of this post, were going to focus on the basics of creating your own webstore. E commerce, short for electronic commerce, is the selling of products or services over the internet. Any monetary transaction, which is done with the help of electronic media is ecommerce. Well return to the evolutionary implications of trade in chapter 28.

Journal class 11 you can see all the available video from this playlist s. Basic concepts electronic data interchange e commerce. A more general definition of ecommerce is given by wigand 1997 as. An e business is defined as a company that has an online presence. Why e commerce is taking the retail world by storm learn about the basics of e commerce and how it works logistics woes disappear with thirdparty logistics 3pl for e commerce. Learn about the basics of e commerce and how it works. Advertising on popular web pages can be lucrative, and e commerce or the sale of products and services directly via the web continues to grow. E commerce i about the tutorial e commerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations.

I use the terms ecommerce, electronic commerce and online commerce interchangeably, even though it can be argued they are not strictly describing the same concept. Well email you at these times to remind you to study. E businesses that have the ability to sell, trade, barter and transact over the web can be considered e commerce. E commerce its concerned with systems and business processes that support creation of information sources effective and efficient interaction among producers, consumers, intermediaries and sellers movement of information on global networks types of e commerce. In ecommerce, information and communications technology ict is used in. Businesstoconsumer b2c b2c transactions are what often come to mind when people think of ecommerce. You will need to pick up and apply the knowledge you have acquired as you move. Basic ecommerce concepts free download as powerpoint presentation.

The hardware and software must be selected in such a way that they can fulfill the needs of the e commerce. Ecommerce is one of the most competitive industries on the internet. Unlimitedaccess website over for all ebooks accessibility books library allowing access to top content, including thousands of title from favorite author, plus the ability to read. Aug 29, 2010 unlimitedaccess website over for all ebooks accessibility books library allowing access to top content, including thousands of title from favorite author, plus the ability to read or download a huge selection of books for your pc or smartphone within minutes. It chiefly improves the buysell transaction activities in a business entity. It started with books in the 1990s and it has moved to almost every market and sector of industry. And the term ecommerce obviously is more widespread. The course ecommerce fundamentals is designed to teach you the basics of conducting business online. Welcome to this course on basics of commerce a complete study. Raking in money, it is clear to see that ecommerce is the future of shopping. What is the difference between ecommerce and eprocurement. Irp commerce recommends a dedicated focus on three guiding principles that will help deliver success in. This is a very basic tutorial that introduces the subject without getting into too much.

New concepts in commerce 2nd edition 1 free download new concepts in commerce 2nd edition. It can be broadly defined as the process of buying or selling of goods or services using an electronic medium such as the internet. Here you can download the free lecture notes of e commerce pdf notes ec notes materials with multiple file links to download. E commerce is the core technology of knowledge economy.

Electronic commerce is the new term for existing activities being done in new ways. Besides, e commerce has brought down the cost of selling as well as cost of procurement drastically adding to the bottom line. The processes in electronic commerce include enabling a customer to access product information, select items to purchase, purchase items securely, and have the. The marketing, advertising, selling and conducting transaction are done with the help of internet. This chapter introduces some basic knowledge regarding to e commerce, which includes, the needs of society, development of e commerce, basic e commerce concepts, and couples of other information which closely related to the development of e commerce. This chapter outlines the important of ebusiness in todays world and how one thinks it affects decision making. No matter what youre selling, theres bound to be at least one other company selling the same products or at least products that do the same thing. Different components of ecommerce the technology and infrastructure used to develop the e commerce application is the key to its success. I use the shortened ecommerce instead of the hyphenated e commerce because i believe the hyphen will be dropped from usage over time. The easiest way to define e commerce is electronic transactions that take place online. E commerce has become a popular way to sell productsservices in recent years. This is all well and good, but theres a whole bunch of considerations. The combination of a companys policy, operations, technology and ideology define its business model.

Raking in money, it is clear to see that e commerce. Electronic commerce is a relatively new concept that crept into the business vocabulary during the 1970s. Every minute millions of people from all over the world are logging into the internet looking for some information, for product, services, to look for news, download music. The term ebusiness came into existence in the year 1996.

In todays world, we are exposed to various forms of ebusiness. Ebusiness foundations and basic concepts assignment. One of the most popular examples of b2c transactions is buying and selling goods on the internet. Back to basics more products are bought and sold online every day.

The outcome of our research as of october 25, 2015, is documented in the subsequent lines. Electronic commerce is an emerging model of new selling and merchandising tools in which buyers are able to participate in all phases of a purchase decision, while stepping through those processes electronically rather than in a physical store or by phone with a physical catalogue. The e commerce notes pdf ecommerce pdf notes book starts with the topics covering electronic commerce frame work, consumer oriented electronic commerce, electronic payment systems, inter organizational commerce, lntra organizational commerce. Aug 08, 2016 explaining the concepts of e commerce. Ecommerce encompasses a whole host of concepts, technologies and ways of doing things. They will help create a good foundation for your business. Electronic commerce is an emerging concept that describes the process of buying and selling or exchanging of products, services and information via computer networks including internet anupam. Ecommerce or electronic commerce is, according to the definition of wikipedia is a system for the buying and selling of goods and services using the internet as the. Difference between ecommerce and ebusiness with example.

Ecommerce fundamentals irp commerce intelligenceled. Myths and realities of a successful ecommerce business top ten e commerce myths. Search finding a supplier negotiate agreeing the terms of trade execution. Powtoon created using powtoon free sign up at create animated videos and anima. The buyer must also provide proof of identification so that the merchant can feel secure about the sale.

Apr 29, 2020 e commerce seo basics concepts define the overall seo strategy for your e commerce website thereby increasing traffic, boosting sales, forprofits in long run. When creating your own webstore, you should start with these areas. Basic ecommerce concepts e commerce electronic data. The article analyzes the concept of ecommerce, the advantages and disadvantages of electronic commerce, and the situation of electronic commerce in. As result, they are suitable for building virtually all kinds of online shops and e commerce related web applications like the aimeos e commerce framework does. Developing e commerce is an inevitable choice for chinese economy to enter into the world market, participate in and ultimately penetrate the global market, and bring about a great rejuvenation of the chinese nation. Electronic commerce describes the buying and selling of products, services, and information via computer networks including the internet. An ebusiness is defined as a company that has an online presence. Basic guide to ecommerce doing business over the internetweb. These are very important business concepts every entrepreneur must understand.

E commerce is a subset of the larger e business strategy. In ecommerce, information and communications technology ict is used in interbusiness or inter. Electronic commerce is a much broader term encompassing not only edi but also other forms of communication, such as email and electronic bulletin boards. Pdf new concepts in commerce 2nd edition thank you entirely much for downloading new concepts in commerce 2nd edition. Concepts and context with illustrative examples of ebusiness and ecommerce in education.