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E-Commerce

E-Commerce. Safi Ahmed Section: 002. History of E-Commerce. Benefits. Easy Quick Things get shipped to your house No lines to the register Easier to find cheaper prices on all items An Over Flow of choices. Inconveniences. You don’t get to feel the physical product Shipping Costs

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E-Commerce

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  1. E-Commerce Safi Ahmed Section: 002

  2. History of E-Commerce

  3. Benefits • Easy • Quick • Things get shipped to your house • No lines to the register • Easier to find cheaper prices on all items • An Over Flow of choices

  4. Inconveniences • You don’t get to feel the physical product • Shipping Costs • “Security”(Khurana) • Delay between ordering and receiving products(Khurana)

  5. Security

  6. Buy a house online? • http://www.nytimes.com/2008/05/12/technology/12ecom.html?ref=ecommerce • E-Commerce is affecting the Real Estate market. • It is forcing the broker or seller to post more information about the house online.

  7. E-Commerce Sales • http://ycharts.com/indicators/ecommerce_sales#series=type:indicator,id:ecommerce_sales,calc:&zoom=5&startDate=&endDate=&format=indexed&recessions=false

  8. Retail Sales • http://ycharts.com/indicators/retail_sales#series=type:indicator,id:retail_sales,calc:&zoom=5&startDate=&endDate=&format=indexed&recessions=false

  9. Why become an E-Retailer? • Saves Money • You don’t need to open a physical store(Egypt) • You don’t need to hire as many employees(Egypt) • Time saver • The transaction are faster(Egypt) • You can use software to analyze buying habits and keep track of inventory(Egypt) • You can reach a global market

  10. Innovation • Google • Facebook • Groupon

  11. E-Retailing • Best Buy • Wal-Mart • Macy’s • JC Penny

  12. The End! • Thank you!

  13. References • Khurana, Ajeet. "Disadvantages of Ecommerce." About.com Ecommerce. About.com. Web. 16 Apr. 2012. <http://ecommerce.about.com/od/eCommerce-Basics/a/Disadvantages-Of-Ecommerce.htm>. • Elogichick1. "E-commerce Security." YouTube. YouTube, 01 Nov. 2010. Web. 16 Apr. 2012. <http://www.youtube.com/watch?v=UNEoAtVI97k>. • Indiana University. "A Timeline of the Internet and E-Retailing: Milestones of Influence and Concurrent Events : Center for Education and Research in Retailing: Kelley School of Business: Indiana University." Kelley School of Business: Indiana University Bloomington. Indiana University. Web. 16 Apr. 2012. <http://kelley.iu.edu/CERR/timeline/print/page14868.html>. • Egypt E-Marketing. "How Does ECommerce Reduce Business Transaction Costs for a Typical Retail Store?" E-Marketing. Web. 16 Apr. 2012. <http://egyptemarketing.com/ecommerce-reduce-business-transaction-costs-typical-retail-store-31/>. • Twice. "Walmart Focused On Cost Efficiencies, E-Commerce." - 2012-04-16 20:45:09. Web. 16 Apr. 2012. <http://www.twice.com/article/483214-Walmart_Focused_On_Cost_Efficiencies_E_Commerce.php>. • Steiner, Ina. "Best Buy Closing 50 Stores and Begins Hunt for New CEO." Independent News and Resources for Online Retailers. Auction Bytes, 16 Apr. 2012. Web. 16 Apr. 2012. <http://www.auctionbytes.com/cab/cab/abn/y12/m04/i16/s03>.

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