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Transcript: definition of e-commerce is a term for the type of business, or commercial transaction that involves transferring information across the internet. Electronic Data Interchange ( EDI) and Electronic Funds Transfer (ETF). The concepts of electronic commerce began 40 years ago, but not widely used until the 1990s E-commerce Pioneers It was not until 2000 that the definition began to change and the year of the dot-com collapsed. Webvan was one of the most infamous dot-com failures The money spent in infrastructure far exceeded sales growth, and the company eventually ran out of money. The lack of customers was the problem. AMAZON Began as an online electronic retailer in the United Satets with a profit of $5 million in 2000. In the next quarter, turned a profit of $3.9 billion. Website is available in English, Chinese, French, German and Japanese. 650 million visitors annually. From only books to clothing, gourmet food, baby products and more. eBAY It was from the start meant to be a market place for the sale of goods and services for individuals. a company in the business to connect people, not for selling them products. changed image from only auctioning collectibles to an upscale market where the average sale price is higher. conclusion Like many other business there are some advantages and disadvantage of e-commerce A - enable a business concern or individual to reach the global market A - small businesses can access the global market. D - internet still has not reached a great number of people D -people refuse to trust on e-transactions and disclose personal information. Advantages of e-commerce have the potential to outweigh the disadvantages. Online change of value Webvan, Amazon and eBay largest online e-retailer E-commerce online marketplace built to enable trade Advantages and Disadvantages


Transcript: identified as the facilitation of commercial transactions electronically using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT), introduced in the '70 s allowing businesses to send commercial documents like purchase orders or invoices electronically credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of electronic commerce Another form of e-commerce was the airline reservation system typified by Sabre in the USA and Travicom in the UK. Beginning in the 1990s, electronic commerce would include enterprise resource planning systems (ERP), data mining and data warehousing. Contemporary electronic commerce involves everything from ordering "digital" content for immediate online consumption, to ordering conventional goods and services, to "meta" services to facilitate other types of electronic commerce. On the institutional level, big corporations and financial institutions use the internet to exchange financial data to facilitate domestic and international business. Data integrity and security are very hot and pressing issues for electronic commerce. United Kingdom has the biggest e-commerce market in the world, even higher than the USA China's e-commerce presence continues to expand eCommerce is also expanding across the Middle East Electronic commerce is generally considered to be the sales aspect of e-business E-commerce can be divided into: E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall" The gathering and use of demographic data through Web contacts Electronic Data Interchange (EDI), the business-to-business exchange of data E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters) Business-to-business buying and selling The security of business transactions Global trends History photo credit Nasa / Goddard Space Flight Center / Reto Stöckli E-Commerce Forms What is E-commerce Thank you for your attention! History

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