e commerce model
DESCRIPTION
E commerce MODELTRANSCRIPT
INNOVATIVE MANAGEMENT STRATEGIES IN GLOBAL CONTEXT
PAPER TITLE: E-COMMERCE AS A MODEL FOR GLOBAL
COMPETITION
E-commerce as a model for Global Competition
ASFIYA PARWEEN sudhirki
z
Introduction
Electronic commerce, commonly known as (electronic marketing) e-commerce , consists of the
buying and selling of products or services over electronic systems such as internet and other
computer networks.
E-commerce is more than just buying and selling products online.
Instead, it encompasses the entire online processes of developing, Marketing, Selling, Delivering,
and paying for products and services purchased by internet worked, global market places of
customers, with support of world wide network of business partners.
Almost every modern business uses the IT. Electronic commerce covers all type of business
transaction.
When commercial activities are carried out with the help of internet the process is termed as e-
commerce. E commerce has become more popular today because of commercial service which are
easily accessible and available on the internet. E commerce over the internet is predicted to grow at
on ever increasing rate over the next few years.
Classification of e-commerce
Based on the awoke criteria, e-commerce are classified as:
Business-to-Business(B2 B)e-commerce
Business-to-consumer(B2C)e-commerce
Consumer-to-business(C2B)e-commerce
Consumer-to-consumer(C2C)e-commerce
BUSINESS TO BUSINESS
It is the largest form of today’s commerce
In this form the buyer’s and seller’s are both business entities and does not include
individual consumer
e.g.: bell, general electric
BUSINESS TO CONSUMER
In this e-commerce type, business and consumers and involved
Business sell to public typically through catalogs utilizing shopping cart software
In business to consumer e-commerce, business must develop attractive electronic market
place to entice and sale products and services to the consumer. Examples: amazan.com,
sukar, yahoo
CONSUMER TO BUSINESS
It enables buyers to name there own price, often binding, for a specific goods for services
generating demand.
A consumer posts his projects with a set budget online and with outs; companies review the
customers ‘requirements’ and bids out the project.
Then the customer will review the bids and select the company that will complete the project.
E.g.; stock market
CONSUMER TO CONSUMER
It facilitates to online transaction of goods or service between two people.
However there is not visible intermediary involved, but the parties can carry out the transaction
without the platform which is provided by the online market such as e-bay, owners.com
Examples: Advertisement of personal service over the internet
ADVANTAGE OF E-COMMERCE
Over come geographical limitation
Lower the costs
Locate the product quicker
Provide comparison shopping's
Provide abundant information
Time saving
DISADANTAGE OF E-COMMERCE
Waiting for a shipment of drive in the mail
Shipping charges
Lack of confidence in personal information
Ease of fraudulent retailers and site
Lose the traditional shopping experience
Lack of taxes
E-COMMERCE AS A BUSINESS MODELS
E-Shops: This is web marketing of a company or a
shop.It is helpful for promote its goods and
servicesLower price, wider choice, better information
and convenience of selecting , buying and delivery.
Commercial websites are B2C Eg.: Books, Flowers, air tickets etc.
E-ProcurementE-Auction
E-mail: Email is a collection of e-shops where a common payment method applies and all e shops are under a common umbrella or a brand name.Expectation of visiting one shop on the email will lead to visits to neighbouring shops.Advertising and possibly fee on transactions
Ex: IBM with world avenue
Third party Market place: This is an Emerging Model that is suitable for
those companies.Additional features like:
Branding,payment,logistics,ordering, and ultimately a secure transactions.
Eg:B2C is to provide a common marketing around a special event.
Revenue can be generated on the basis of one off membership fee, service fee, transaction fee or percentage on transaction value.
Virtual Communities: It is important for Marketing, facilitate the
development of customer loyalty and encourage customer feedback.
The revenue come form the membership fee and advertising.
Function to enhance the attractiveness of existing and development of new services.
It enhance the attractiveness and opportunities for new services of several of the other business models.
Amazon.com(e-books), apparelex.com and indconnect.com(Garments)
Value chain service provider:Specialise on specific functions such as
electronic payments or logistic. Banks:-e banking, Net banking etcA fee or percentage based scheme is the
basis of revenues.Value Chain Integrators Vci:Revenue comes from the consultancy fee or
transaction fee.
WHY USE E-COMMERCE
Low entry cost
Reduces transaction costs
Access to the global market
Secure market share
Future of e-commerce in India
According to business world estimated near about sixty thousand new jobs will be created for
the internet world alone in the next two years.
E -commerce transaction are expected to cross the rs.5.k cross mile stone in 2013-14 a jump of
around 500% from 2009-10 figure of rs.1000 crore
E-bay said that consumer were trading goods worth almost 3 crore rupee everyday, across the
India
Collaboration Plat forms: They provide a set of tool and an information environment for collaboration between enterprises .This is focus on specific functions- colloborative design and engineering, providing project support.
Eg: design, work flow and document management
Top online shopping in India
EBay Flip kart Letsbuy.com Homeshop18 Yebhi.com
CONCLUSION
So we can conclude that………..
“E-commerce is an evolution ”
We as customer and interest users are responsible to keep our e-commerce healthy
and safe so that e-business can be more reliable in the future
Due to the e-commerce there are various several positive and negative opportunity
e-commerce had brought on in couple of past years. Globalization is the important
impact of the e-commerce as it result of online communication and transition beside
some of difficulties came due to the e-commerce is very convent due easiest way to
make transition of goods and services, it also help to save time and money.
Bibliography
E-Business - Roadmap for Success, by Ravi Kalakota and Marcia Robinson, Addison-Wesley Publishing Company, Inc,. 1999
Bagby, J. W. 2003. Cyberlaw Handbook for E-Commerce (Cyperlaw Handbook for E Commerce). South-Western Educational Publishing.
Cook, S. 2008. The contribution revolution: Letting volunteers build your business. Harvard Business Review (October): 60-69.
Feeny, D. 2001. Making business sense of the e-opportunity. MIT Sloan Management Review (Winter): 41-51.
References
www.google.com www.wikipedia.org www.howstuffworks.com www.webopedia.com
Thank You