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Arvindh.S
DEFINITION OF 'ELECTRONIC COMMERCE - ECOMMERCE'
The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely
considered the buying and selling of products over the internet, but any transaction that is completed solely
through electronic measures can be considered e-commerce
TYPES OF E-COMMERCE
Traditional Commerce vs
E Commerce Similarities
• Both aim to deliver a valued product or service• Both want to serve a large audience• Both strive to quickly deliver products and services
Differences• E-commerce customers expect shorter fulfillment time• E-commerce customers must understand Web-based
technologies• E-commerce provides a global audience• E-commerce orders are processed without human
interaction or travel to a store location• E-commerce relies upon encryption for security
E-Commerce Practices
Data Storage Provides paid Cloud storage online
for business purposes.
Security ServiceApps/Hardware/Services
that provide secure authentication and data transmission for
high-risk connections, such as online banking.
Web Hosting Services A Service that stores our website in its
server allowing the users to access it through the World Wide Web.
Shopping Cart ServicesWeb Srevices that acts as a market where the customers can purchase their desired products/services that arrives at their door steps.
Web DesignSERVICES THAT INVOLVE DESIGNING,DEVELOPMENT,SUPPORT AND CONSULTATION FOR SITES.
Merchant Services Merchant Services, or better known as credit card
processing is the handling of electronic payment transactions for merchants. Merchant processing activities involve obtaining sales information from the merchant, receiving authorization for the transaction, collecting funds from the bank which issued the credit card, and sending payment to the merchant.
Web Marketing
E Commerce Technologies Payment Techologies
Information-Formatting technologies
E Commerce Standards Public-Key Cryptography Standards (PKCS)
• Used to store and transport certificates PKCS #7
• Used to secure e-mail certificates PKCS #10
• Used to generate a certificate request to a certificate authority (CA)
X.509 describes how to format digital certificatesCertificate Life Cycle
Challenges
Exchange Rate
International Shipping
Language Barrier
International Relations
Top 5 E Commerce Companies
0 50 100 150 200 250 3000
102030405060708090
100Revenue & Market Cap
Market Capitalization
REVENUE