THE E – COMMERCE SECTOR:GROWTH POTENTIAL AND RECENT

DEVELOPMENTS IN INDIA

Presented by:-

Abhinav Hazarika.

Vikas Tomar

Hemant Sehrawat

Mayank

E - COMMERCE

E-commerce is the purchasing, selling and exchanging goods and services over computer networks (internet) through which transaction or terms of sale are performed Electronically.

such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as e-mail.

ARCHITECTURE OF WEB-BASED E-

COMMERCE SYSTEM

TYPES OF E-COMMERCE

EXAMPLES

E-COMMERCE: WIDELY USED RETAIL PORTALS

0 2 4 6 8 10 12 14 16

AMAZON

FLIPCART

SNAPDEAL

JABONG

MYNTRA

HOMESHOP 18

2011 - 2012- % Reach Top Retail Sites

Purchase to Delivery

Inability to Feel the Physical

Trouble recruiting and retaining

employees

Consumers feel less confident with

their credit card numbers

Not every company can take the

benefit

Time saving

Consumers have an access to a

wider range of products

Allows small businesses to mix with

the big business online

Provide benefits to suppliers of

goods and services

Business is Open 24 x 7 x 364 7/8

Messages spreading (world wide

market space)

Help protect against frauds and

theft losses

Thinking Outside the Globe

ADVANTAGES AND DISADVANTAGE

Advantages of E-commerce: Disadvantages of E-commerce:

E-COMMERCE IN INDIA: DRIVERS OF GROWTH

• Broadband connectivity increasing rapidly, particularly in rural areas

• Burgeoning, upwardly mobile middle class population with rising incomes andstandard of living.

• Product range and choice much more as compared to what is available at brickand mortar retailers

• Busy Schedule, growing urban congestion and lack of time for offline shopping

• The plastic revolution and changing demographic structure in India – alsolatest developments assure safety and secure transactions

FLIPKART COMMERCIAL