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

http://ecomm.apj.dell.com/dellstore/basket.aspx?c=my&cs=mydhs1&l=en&s=dhs&itemtype=CFG&oid=9bc42ec7-b3b4-455d-91f4-8a1185edec75

2) electronic payment

https://www.paypal.com/my/cgi-bin/webscr?cmd=_home-customer&kw=sXxwweTCH;8290119216;8753875880&mpch=ads&mplx=3484-121379-2056-8

3) online auction

http://www.lelong.com.my/Auc/List/ConfirmBidStd.asp?ProductID=105486826&StartBidAt=1&BidQuantity=1&BidAmount=&x=106&y=32#bidsection

4) internet banking

http://www.maybank2u.com.my/mbb_info/m2u/public/personalBanking.do?

5) online ticketing

http://www.airasia.com/my/en/home.page

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