E-Commerce Quick Revision Notes
1. What is E-Commerce?
Buying and selling of goods & services over the internet.
Types:
- B2B - Business to Business (e.g., Alibaba)
- B2C - Business to Consumer (e.g., Amazon)
- C2C - Consumer to Consumer (e.g., OLX)
- C2B - Consumer to Business (e.g., freelancers)
- B2G / G2B / G2C - Govt. & business/consumer transactions
2. E-Marketing Scope & Techniques
Promotion of products using digital tools.
Techniques:
- Email marketing
- Social media (Instagram, Facebook)
- SEO (Search Engine Optimization)
- Influencer marketing
- Web advertisements (Google Ads, pop-ups)
Web counters: Track how many people visited a website.
3. Social Media's Role in E-Marketing
- Builds brand awareness
- Connects directly with customers
- Spreads promotions quickly
- Gets feedback & reviews
4. Security Threats in E-Commerce
- Hacking
- Phishing
- Identity theft
- Credit card fraud
Solutions:
- SSL (Secure Socket Layer)
- Firewalls
- Encryption
- Strong passwords
5. Electronic Payment Systems
Types:
- E-Cash / Currency servers - Digital form of cash
- E-Cheques - Electronic version of a cheque
- Credit/Debit cards
- Smart Cards - Cards with chips (more secure)
- UPI Payments - Google Pay, PhonePe
- E-Wallets - Paytm, Amazon Pay
- MasterCard/VISA - International card providers
Secure Electronic Transaction (SET): Standard for secure card payments online.
6. Ethical, Social & Legal Issues
Ethical issues:
- Selling fake products
- False advertising
- Tracking users without permission
Privacy rights:
- E-commerce sites collect user info
- Users must be informed
Intellectual Property Rights (IPR):
- Copyright - for original work
- Patent - for inventions
- Trademark - for brand names/logos
7. Website Design Principles
- Easy to navigate
- Mobile-friendly
- Secure (HTTPS)
- Fast loading
- Clear product info
Push Technology - Info is sent to users (emails, ads)
Pull Technology - User searches info (Google search)
8. E-Commerce Customer Strategies
- Good customer support (chat, FAQs)
- Return policy
- Order tracking
- Discounts & loyalty programs
9. Planning for E-Commerce
- Decide what to sell
- Choose platform (own site, Amazon, etc.)
- Payment & delivery options
- Marketing plan
- Customer service
10. Publishing Issues & Web-based EP (Electronic Publishing)
EP = Publishing digitally (e-books, news websites, online journals)
Issues:
- Copyright
- Format compatibility
- Access & pricing