WPU CS 2010 - E Commerce

Computers Are Your FutureSlide 2Understanding Electronic CommerceBusiness-to-Business E-CommerceConsumer to Consumer E-CommerceBusiness to Consumer E-CommerceOnline ShoppingOnline Grocery ShoppingThe Dot-Com PhenomenonBuilding Your Own Online BusinessOnline Travel ReservationsOnline BankingOnline Stock TradingNonretail Online ServicesAvoiding E-Commerce HazardsComputers Are Your Future© 2006 Prentice-Hall, Inc.© 2006 Prentice-Hall, Inc Slide 2Computers Are Your Future Spotlight 2Computers Are Your FutureSpotlight 2E-Commerce© 2006 Prentice-Hall, Inc Slide 3Computers Are Your Future Spotlight 2Understanding Electronic CommerceElectronic commerce is the use of networks or the Internet to carry out business of any type Types of e-commerce: Business-to-Business (B2B)Consumer-to-Consumer (C2C) Business-to-Consumer (B2C)© 2006 Prentice-Hall, Inc Slide 4Computers Are Your Future Spotlight 2Business-to-Business E-CommerceB2B e-commerce involves one business providing another business with materials and supplies$1.4 trillion in 2003Up 75% from 2002© 2006 Prentice-Hall, Inc Slide 5Computers Are Your Future Spotlight 2Consumer to Consumer E-CommerceC2C is online exchange or trade of good, services and information between individual consumerseBay holds more than 10 million electronic auctions a month© 2006 Prentice-Hall, Inc Slide 6Computers Are Your Future Spotlight 2Business to Consumer E-CommerceB2C occurs when a business uses the Internet to supply consumers with information, services and/or productsShop whenever you want and choose from a wide variety of products and services© 2006 Prentice-Hall, Inc Slide 7Computers Are Your Future Spotlight 22/3 of Web users bought something online in 2003¾ of users researched a purchase onlineShopping portals (shopping.com, BizRate.com, Froogle.com) let you comparison shop onlineOnline Shopping© 2006 Prentice-Hall, Inc Slide 8Computers Are Your Future Spotlight 2Accounted for over $1.3 billion in revenueSelect onlineDeliveredOnline Grocery Shopping© 2006 Prentice-Hall, Inc Slide 9Computers Are Your Future Spotlight 21995 Internet opened for commercial development1995 – 2000 dot.com boomAmazon.com is a dot.com successThe Dot-Com Phenomenon© 2006 Prentice-Hall, Inc Slide 10Computers Are Your Future Spotlight 2Low capital investmentDevelop a business planBusiness name & domain nameCreate Web pagesWeb hostingRegister with search enginesOnline paymentsBuilding Your Own Online Business© 2006 Prentice-Hall, Inc Slide 11Computers Are Your Future Spotlight 2Online Travel ReservationsWeb sites such as CheapTickets.com and Expedia.com offer online travel reservationsAirline flights, hotels, and car rentals can be booked online© 2006 Prentice-Hall, Inc Slide 12Computers Are Your Future Spotlight 2Online BankingOnline banking offers customers the ability to access their accounts, balance checkbooks, transfer funds, and pay billsAll information is stored on the bank’s computers which allows access from anywhereThe browser’s secure mode is used to encrypt data© 2006 Prentice-Hall, Inc Slide 13Computers Are Your Future Spotlight 2Online Stock TradingOnline stock trading enables investors to buy and sell stocks on the InternetThey account for one out of every six stock tradesThey offer a low, usually less than $10, charge per trade© 2006 Prentice-Hall, Inc Slide 14Computers Are Your Future Spotlight 2Nonretail Online ServicesInsurance quotesNews/weatherHealth/medicineDatingReal estate listings© 2006 Prentice-Hall, Inc Slide 15Computers Are Your Future Spotlight 2Avoiding E-Commerce HazardsCarefully create usernames and passwordsKnow the company you are dealing withCheck on retailer ratingLook for secure sitehttps://Lock icon in