NAME: Sheheryar Waheed

ROLL NO: F17-05

ADP [AF]

Assignment of Ecommerce

Lecturer: Nabeel Akram

Ecommerce:
Ecommerce is the activity of buying and selling of products on
online service or over the internet.
DISCRIPTION
Electronic commerce draws on technologies such as through
mobile commerce, Internet marketting, online transaction
processing, electronic data interchange, inventory management
system and automated data collection systems.
TYPES OF ECOMMERCE
1. Business to Business
2. Business to Customer
3. Customer to Customer
4. Business to Government
5. Customer to Business
6. Government to Business
7. Government to Citizens
E-BUSINESS MODULS
 Storefront models
 Auction models
 Portal models
 Dynamic pricing models
STOREFRONT MODEL
 This model is basic form of e-commerce in which buyer and
the seller interact directly.
EXAMPLE
Amazon Storefronts is a new way for small and medium-sized
businesses to sell products directly through Amazon. Amazon
has established a separate section where it will highlight small
businesses, feature curated collections of unique products and
provide a platform for an online small business experience.
Auction model
In an auction model, sellers offer products in an online auction
and buyers bid on what they want to buy. The buyer with the
highest bid wins the product. Auction sites make their money by
taking a percentage of the selling price.
Example
eBay is one of the most profitable online auction models. On
eBay people can buy and sell just about anything. The company
collect a submission fee, plus a percentage of the sale amount.
PORTAL MODEL
Portal model gives the visitors the chance to find almost
everything they are looking for in one place. They often offer
news, sports, and weather information, as well as the ability to
search the web.
Example
www.hotbot.com; www.about.com; www.altavista.com;
www.ask.com; www.yahoo.com;
these portals provide users with a shopping page that link them
to thousands of sites carrying a variety of products.

Dynamic pricing model

Dynamic pricing or price optimization is the concept of offering
goods at different prices which varies according to the
customer's demand. The pricing of the commodity can be done
on the basis of competitor's pricing, supply, demand conversion
rates and sales goals.