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Wednesday, 11 April 2012

E-COMMERCE


e-commerce is used to describe business that is conducted over the Internet using any of the applications that rely on e-mail, instant messaging, shopping carts, Web services, FTP, and EDI (electronic data interchange). 

E-commerce can be classified based on the type of participants in the transaction: 

  • Business to Business (B2B) : transactions are those where both the transacting parties are businesses, e.g., manufacturers
  • Business to Consumer (B2C) : When businesses sell electronically to end-consumers
  • Consumer to Consumer (C2C) :  transactions were virtually non-existent in recent times until the advent of ecommerce. e.g; lelong.com and mudah.my

below are the examples of e-commerce:

1) online shopping

2) electronic payment

3) online auction


4) internet banking


5) online ticketing





Advantages
Disadvantages
  • Overcome geographical limitations
  • Gain new customers with search engine visibility
  • Lower promotion costs
  • Locate the product quicker
  • Eliminate travel time and cost
  • Provide comparison shopping
  • Enable deals, bargains, coupons, and group buying
  • Provide abundant information

·         Lack of personal touch
·         Delays goods
·         Anyone can set up an ecommerce website
·         Low security measurement
·         Many goods cannot be purchased online
·         Does not allow you to experience the product before purchase



1 comment:

  1. e-commere is really interesting...i myself have used e-bay to buy my stuff online..it do have benefit such as save time and also our energy.

    ReplyDelete