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Project Report
On
“Electronic Commerce
(e commerce)”
By
Aditya Purohit (BBA 3
rd Year)
106/10 civil lines,
Ajmer 305001
Website: www.dezyneecole.com
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Contents
Objective of the study.
Definition of Electronic Commerce.
Explanation of Electronic Commerce.
The Scope of Electronic Commerce.
10 best E commerce companies in India.
Conclusion
Bibliography
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Objective of the Study
Basic Introduction of Electronic
Commerce or the e-commerce industry.
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Definition of 'Electronic Commerce - ecommerce'
A type of business model, or segment of a larger
business model, that enables a firm or individual to
conduct business over an electronic network,
typically the internet. Electronic commerce
operates in all four of the major market segments:
business to business, business to consumer,
consumer to consumer and consumer to business.
It can be thought of as a more advanced form of
mail-order purchasing through a catalogue. Almost
any product or service can be offered via
ecommerce, from books and music to financial
services and plane tickets.
Also sometimes written as "e-commerce" or
"eCommerce".
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Explanation of 'Electronic Commerce - ecommerce'
E commerce has allowed firms to establish a
market presence, or to enhance an existing market
position, by providing a cheaper and more efficient
distribution chain for their products or services.
One example of a firm that has successfully used
ecommerce is Target. This mass retailer not only
has physical stores, but also has an online store
where the customer can buy everything from
clothes to coffee makers to action figures.
When you purchase a good or service online, you
are participating in ecommerce.
Some advantages of ecommerce for consumers
are:
1) Convenience:
Ecommerce can take place 24 hours a day, seven
days a week.
2) Selection:
Many stores offer a wider array of products online
than they do in their brick-and-mortar
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counterparts. And stores that exist only online may
offer consumers a selection of goods that they
otherwise could not access.
But ecommerce also has its disadvantages for
consumers. Some of them are as under:
1) Limited customer service:
If you want to buy a computer and you’re
shopping online, there is no employee you can talk
to about which computer would best meet your
needs.
2) No instant gratification:
When you buy something online, you have to wait
for it to be shipped to your home or office.
3) No ability to touch and see a product:
Online images don’t always tell the whole story
about an item. Ecommerce transactions can be
dissatisfying when the product the consumer
receives is different than expected.
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The Scope of Electronic
Commerce
Electronic Commerce encompasses one or more of
the following:
•Electronic Data Interchange (EDI).
•EDI on the Internet.
•E-mail on the Internet.
•Shopping on the World Wide Web.
•Product sales and services on the Web.
•Electronic banking or funds transfer.
•Outsourced customer and employee care
operations.
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10 Best E Commerce Companies in India
1. Flipkart
Website: (www.flipkart.com)
2. Snapdeal
Website: (www.snapdeal.com)
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3. Fashionandyou
Website: (www.fashionandyou.com)
4. Myntra
Website: (www.myntra.com)
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5. Inkfruit
Website: (www.inkfruit.com)
6. Dealsandyou
Website: (www.dealsandyou.com)
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7. Homeshop18
Website: (www.homeshop18.com)
8. Yebhi.com
Website: (www.yebhi.com)
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9. Indiangiftsporta
Website:
(www.indiangiftsportal.com)
10. Caratlane
Website: (www.caratlane.com)
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Conclusion
“E Commerce is an Evolution”
- By using electronic technology through the internet, it achieved:
More competition, more marketplaces, faster transactions, and more advanced technologies to make activities between customers and producers more active.
We as customers and internet users are responsible to keep our e-commerce healthy and safe so that e-business can be more reliable in future.
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Bibliography
The content for this project report has been taken from
the following sources:
www.uop.edu.jo
www.siliconindia.com
www.individual.utoronto.ca
www.investopedia.com
