This document discusses e-commerce and e-trading. It defines e-trading as buying and selling of products and services online, giving universal access via the internet. It lists advantages like lower costs, better customer service and information sharing. Limitations include security issues, costs of e-commerce, and inefficient consumer search. Payment methods in e-commerce include debit cards, credit cards, smart cards, e-cash/e-wallets. The value chain of e-commerce includes primary activities like marketing and operations, and support activities.
3. WHAT IS E-TRADING ?
• THE MARKETING
BUYING AND SELLING
OF PRODUCTS AND
SERVICES ON THE
NET .
• IT BRINGS THE
UNIVERSAL ACCESS
OF THE NET TO THE
CORE BUSINESS
PROCESSES OF
BUYING AND SELLING
4. E-COMMERCE ENABLES
ORGANISATIONS TO ACCOMPLISH THE
FOLLOWING GOALS:
• REACH NEW MARKETS
• CREATE NEW PRODUCTS AND
• SERVICES
• BUILD CUSTOMER LOYALTY
• ENRICH HUMAN CAPITAL
• MAKE THE BEST USE OF EXISTING
AND EMERGING TECHNOLOGIES
• ACHIEVE MARKET LEADERSHIP AND
COMPETETIVE ADVANTAGE
5. ADVANTAGES OF E-
COMMERECE
• LOWER COST
• ECONOMY
• HIGHER MARGIN
• BETTER CUSTOMER SERVICE
• QUICK COMPARISION
SHOPPING
• PRODUCTIVE GAINS
• MARKET KNOWLEDGE
• TEAM WORK
• INFORMATION SHARING
CONVINIENCE
6. LIMITATIONS OF E-
COMMERCE
• SECURITY
• E- COMMERCE IS NOT
FREE
• CUSTOMER RELATION
PROBLEM
• PRODUCTS PEOPLE
WON’T BUY ONLINE
• CONSUMER SEARCH
IS NOT EFFICIENT
• SYSTEM SCALABILITY
9. DEBIT CARD
A KIND OF PAYMENT CARD THAT TRANSFERS FUND
DIRECTLY FROM THE CUSTOMERS BANK ACCOUNT TO THE
MERCHANT
CREDITCARD
A PLASTIC CARD WITH A PRE-ARRANGED SPENDING LIMIT
BASED ON THE CREDIT CARD HOLDER’S CREDIT
RATING,EMPLOYMENT RECORD ETC.
SMART CARD
A CARD WITH A BUILT IN CHIP CAPABLE OF STORING
INFORMATION IN ITS MEMORY .
E-CASH ,DIGI CASH, E-WALLET
E-CASH IS AN ELECTRONIC MEDIUM FOR MAKING PAYMENT.
E-WALLET IS AN ELECTRONIC PAYMENT SYSTEM THAT
OPERATES LIKE A CARRIER OF E-CASH AND INFO IN THE
SAME WAY A REAL WORLD WALLET FUNCTION.
