E - C o m m e r c e v s Tr a d i ti o n a l

Commerce

PRESENTED BY : ARYAN
ADITI SRIVASTAVA
 What is E-Commerce?
o E-Commerce (Electronic Commerce) is the buying and selling of goods
and services or the transmitting funds or data, over an electronic network,
primarily internet.
These business tractions occur either
o B2B
o B2C
o C2C
 Process of ecommerce

The consumer browses the

catalogue of products
featured on the site and
selects the item to purchase.
The selected items are placed
in electronic equivalent of a
shopping cart & provides a
bill and ship to address for
purchase and delivery.
 History of Ecommerce
o 1970
E-Commerce meant the facilitation of commercial
transactions electronically, using technology such
as
EDI electronic data interchange and electronic
funds transfer allowing businesses to send
commercial documents like purchase orders or
invoices electronically.
In 1980,s
o Growth and acceptance of credit cards
o ATM
o Telephone banking
o Airline reservation system
o In 1990s,
o Internet commercialized and users
flocked to participate in the form of
dot-com or internet start-ups
In 2000s,

o Many European and American business

companies offered their services through the
world wide web
 What is traditional commerce?

o Traditional commerce refers to practice of

selling products and services within a single
industry and in some case, within a specific
geographical area.
 Benefits to organizations
o Global reach
o Cost reduction
o Supply chain improvement
o customization
 Benefits to consumers
o More product and services
o Cheaper products and services
o Instant delivery
o Information availability
o Participation in auctions
Difference Between E-Commerce and
Traditional Commerce
Traditional Commerce E-Commerce
o Direct Interaction o Direct Interaction
Traditional commerce is often E-Commerce does not offer this benefit
o Lower cost
based around face to face
E-Commerce is more cheaper than
interaction
maintaining a physical store in an equall
o Lower cost
popular location
Traditional commerce is not o Reach
cheaper than E-Commerce Wide range of customers we can reach as
o Reach compared to traditional commerce
In traditional commerce you are
restricted to people who actually
come to your shop