Ecommerce Overview Blocked

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    IT for Decision makers

    eCommerce Overview

    By

    Yunus PM

    HSSTDept.of Commerce

    Nochat HSS, Nochad

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    E Commerce

    Technology driven market

    http://welcome%20to%20e%20commerce.flv/http://welcome%20to%20e%20commerce.flv/
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    E commerce for you

    E-commerce is enabling or achievingyour business objectives by using

    information technology to enhance or

    transform your business processes.Kami, 2000

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    What it means

    Any form of business transactionin which the parties interact

    electronically rather than by physicalexchanges or direct physical contact.

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    Definitions

    Commerce conducted via the Internet-Webster

    Maintaining business relationships andselling information, services, andcommodities by means of computertelecommunications networks.

    -Encyclopdia Britannica

    http://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-networkhttp://www.britannica.com/EBchecked/topic/585829/telecommunications-network
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    WTO on E commerce

    E commerce as the production,distribution, marketing, sales or deliveryof goods and services through electronic

    means

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    Commerce and E commerce

    .

    http://commerce%20and%20e%20commerce.pps/http://commerce%20and%20e%20commerce.pps/
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    Six main instruments of

    E commerce - WTO

    1. Telephone

    2. Fax

    3. TV

    4. Electronic payment, money transfersystem (EFT)

    5. Electronic Data Interchange (EDI)

    6. Internet

    http://internet.flv/http://internet.flv/http://internet.flv/
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    E commerce Past, Present

    and Future

    video

    http://e-commerce%20%28past%2C%20present%2C%20future%29.flv/http://e-commerce%20%28past%2C%20present%2C%20future%29.flv/
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    Driving forces of E commerce

    Go through video

    http://e-commerce%20presentation.avi.flv/http://e-commerce%20presentation.avi.flv/
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    E commerce and sales turn

    over in US

    Growing sales turn over

    http://e-commerce%20-%20evolution%20-%20related%20indian%20videos%2C%20bollywood%20videos%20-%20uservideos.smashits.com2.flv/http://e-commerce%20-%20evolution%20-%20related%20indian%20videos%2C%20bollywood%20videos%20-%20uservideos.smashits.com2.flv/
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    ecommerce

    Business to business (B2B)

    automating supply

    increasing business efficiency

    Business to Consumer (B2C)

    Retail Sales

    Customer Support

    Consumer to Consumer (C2C)

    Online Auctions

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    What is working in E commerce?

    Pornography

    Travel / Tourism

    Retail - items that dont need personal touch -objectivity in product quality and performancemusic, books, gifts, Computers, electronic items

    Auctions

    Real Estate - houses and investment properties.

    Customer support services

    More efficient and effective processes betweenbusinesses (B 2 B)

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    What is not working?

    Items which require touch and trial

    Luxury goods

    Clothes -

    Groceries - it works for some people butmarket is restricted

    Note: Many OFF line factors determinesuccess of Online service. Eg. Transportnetwork, customer profiles,

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    InformationCollection, Privacy

    and Data Protection

    Domain NameSystem

    Authentication,

    Certificates, DigitalSignatures

    Intellectual Property

    (Copyright, Patents,Trademarks)

    CyberCrime,

    Network Security,Law Enforcement

    Illegal and HarmfulContent

    Taxation On-Line

    Jurisdiction

    Technical Standards

    ISP Liability

    Global issues in E commerce

    http://s719a.ppt/http://s719a.ppt/http://s719a.ppt/
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    SECURITY ISSUES

    SECURING E COMMERCE TRANSACTIONS

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    Security Risks

    $$The Internet:

    open

    Your network: data!virus

    Hackers and crackers

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    E-Commerce Problems

    UnreliableMerchant

    Unknowncustomer

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    E-Commerce: Challenges

    Trusting others electronically

    E-Commerce infrastructure

    Security threats the real threats and theperceptions

    Network connectivity and availability issues

    Better architecture and planning

    Global economy issues

    Flexible solutions

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    E-Commerce: Challenges

    Trusting others electronically

    Authentication

    Handling of private information

    Message integrity

    Digital signatures and non-repudiation

    Access to timely information

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    E-Commerce: Challenges

    Trusting Others

    Trusting the medium

    Am I connected to the correct web site?

    Is the right person using the othercomputer?

    Did the appropriate party send the last

    email?Did the last message get there in time,

    correctly?

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    E-Commerce: Solutions

    Trusting Others

    Public-Key Infrastructure (PKI)

    Distribute key pairs to all interested entities

    Certify public keys in a trusted fashion

    The Certificate Authority

    Secure protocols between entitiesDigital Signatures, trusted records and non-

    repudiation

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    E-Commerce: Challenges

    Security Threats

    Authentication problems

    Impersonation attacks

    Privacy problems

    Hacking and similar attacks

    Integrity problems

    Repudiation problems

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    The Main Security Risks

    Data being stolen

    Electronic mail can be intercepted and read

    Customers credit card numbers may be read

    Login/password and other access information

    stolen

    Operating system shutdown

    Filesystem corruption

    User login information can be captured

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    Success story of E commerce

    in India

    Success story of a goldsmith

    http://e-commerce%20successes%20in%20india%20-%20part%201.flv/http://e-commerce%20successes%20in%20india%20-%20part%201.flv/
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    THANKING U ALL

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    PART II

    An ecommerce strategy for a Small

    Business

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    Objectives?

    Why get online?

    Promote awareness of your Organization

    Sell a productCustomer support

    Information and contact page

    NetworkingEveryone else has a web page

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    Plan

    What is your product?Electronic, Services or physical

    Portable and inexpensive to deliver

    Tourism

    Who is your market?Overseas Fish buyers

    Upper income art collectors

    Budget travellers / Up market

    Obstacles, Implementation and deadlines.

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    Getting Online

    Hosting Your WebsiteFast Access

    Cost, Support, Space and Services

    Choosing a Domain Name (web address)

    www.myname.com / .nu / .to / .tv / .fj /Calling Card

    Choose name that relates to productReflects on organization

    Easy to remember

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    Design Issues

    Often Simple Is Better

    E.g. National PNG, Yahoo

    Complexity depends on your websiteobjectives

    Planning content

    How do you keep content fresh and relevant

    Who Develops your website?Professional Services

    Do it Yourself

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    Web Site Software

    Web-site CreationCommon Software Tools.

    Image Editing

    Adobe PhotoshopJasc.com

    Web Page Development

    Paintshop Microsoft Front page - $150

    Dream Weaver - $150 200Netscape Communicator-Free

    Note: There are a lot of cheaper software online.

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    Managing your Web Site

    Managing your website can take TIME!

    Adapting Business processes

    Good Samaritan Inn exampleLook at employee time

    Customer expectations

    Limitations of the medium (non face to face)

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    Transactions

    1. Getting paid online is very difficult in the Pacific. Manybanks will need a large deposit or a strong relationshipto allow a SME to open a merchant / credit cardprocessing account at a bank.

    Alternatives include:

    Bank transfer / wire

    Credit Cards

    Merchant account Manual / Automated processing

    Third party processing paypal.com

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    Delivery

    Delivering an artifact after online purchase orattracting visitors to an eco tourism resort -managing expectations is essential

    People are used to guaranteed delivery but more importantly,communicate reality so expectations are realistic.

    E.g. Implement a 2 week guarantee for goods

    Ensure online advertisement meets expectations

    Use a reliable delivery service (TNT, FedEx)

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    Marketing Web site

    How do people find your website?

    ONLINE Strategy

    Links from related and / or popular websites

    Search Engines

    Online AdvertisementsInformed by other users

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    Marketing Your Website

    OFFLINE Strategy - Show Your URL

    www.MYCOMPANY.com

    StationaryAdvertising on conventional media

    Trade shows