Uploaded on Apr 28, 2022
PPT on the overview of E-Commerce.
A World of E-Commerce.
A WORLD OF E-COMMERCE
Introduction
• Ecommerce now plays a vital role in our daily lives. It is
redefining people’s commercial activities around the
world.
• Over the years, ecommerce has evolved in profound
ways.
Source: techtimez.com
Growth of ecommerce
• The growth of ecommerce around the world is
unstoppable, with double- or even triple-digit growth
seen annually since its emergence in the mid-1990s.
• This growth has enormous technical implications for both
application and deployment architecture, with all
indications that this growth is likely to continue for the
coming decades
Source: oreilly.com
Reasons for the growth
• Increasing use of technology
• Internet use
• Internet-enabled devices
• Inherent advantages of ecommerce
• Price advantage
• Convenience
• Large product assortment
Source: oreilly.com
Reasons for the growth cont.
• Technological advances
• Closer tie-in with the physical world
• Increasing maturity of ecommerce
offerings
Source: oreilly.com
Increasing Use of Technology
• Ubiquitous internet connectivity has been a
direct driver of ecommerce growth, as the
Internet is a prerequisite to the “e” in
“ecommerce.”
• In developed countries, 77% of individuals use
the Internet, whereas in developing countries,
that figure is a lower 31%.2
Source: oreilly.com
Internet-Enabled Devices
• Internet-enabled devices of all types now
make it easier to shop wherever and
whenever.
• It wasn’t too long ago that the only way to get
online was through a stationary computer
connected to the Internet over a dial-up
modem.
Source: oreilly.com
Price Advantage
• Many customers believe that pricing is better
online. For the most part, this is true. Lower
overhead, lower taxes, and disintermediation
have all played roles in driving down prices
online.
Source: oreilly.com
Convenience
• The costs to customers of shopping in a
traditional retail store can be substantial.
Quantifiable costs include the following:
• Time away from home or work
• Transportation costs, including fuel for
your car or public transportation costs
• Often higher costs due to an inability to
comparison shop
Source: oreilly.com
Customer-friendly policies
• Customer-friendly policies such as free
shipping and free returns are cutting into
margins less as shipping costs are being
reduced.
• The clear trend of the past decade has been
away from giant monolithic fulfillment centers
to smaller, more regional centers that are
closer to customers.
Source: oreilly.com
The Rise of E-Commerce in India
• Recently, Indian government introduced
various reforms to help the nation’s e-
commerce industry grow.
• The onset of lockdown and a push towards
digitization proved to be a blessing in disguise
for the sector.
Source: gartner.com
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