E-commerce refers to using the internet to conduct commercial transactions and generate revenue. Popular forms of e-commerce include online retail stores, mobile recharges, ticket and hotel bookings. E-commerce allows commerce to take place anywhere, anytime, with anyone. It involves virtual storefronts, gathering customer demographic data, business-to-business exchanges, email/fax marketing, and providing online services. New forms of e-commerce payment are emerging besides cash transactions, such as bartering goods due to economic uncertainties.

1. E-commerce
Nishant Gupta
11BEI0037

2. WHAT
is
E-commerce?
?
?

3. Electronic Commerce or e-commerce refers to:
• The use of the medium of the internet solely to
enter into various commercial contracts, where
the substance of such contracts may not have
anything to do with the net.
• Using the medium of internet to generate income
and revenue, and to solicit business.

4. Commerce with the
power of the
internet
• Anywhere
• Anytime
• Anyone

5. Popular ecommerce websites:

6. Other e-commerce activities
•
•
•
•
Mobile Recharges
Digital Subscriptions
Booking Tickets
Hotel Reservations etc.

7. E-Commerce Divisions
• E-tailing or Virtual Storefronts
• Gathering/use of demographic data through
Web contacts and social media
• Electronic Data Interchange (Business to
business).
• E-mail and fax in their use to reach
prospective customers
• Providing soft services

8. Paying through cash is not the only way to complete an e-commerce transaction.
Bartering is also emerging as an alternative to buying goods with regulated money as a
way to beat the constant fluctuations in currencies especially during times of economic
duress.