What is E-commerce?

HadirUkalo 35 views 22 slides Nov 19, 2023
Slide 1
Slide 1 of 22
Slide 1
1
Slide 2
2
Slide 3
3
Slide 4
4
Slide 5
5
Slide 6
6
Slide 7
7
Slide 8
8
Slide 9
9
Slide 10
10
Slide 11
11
Slide 12
12
Slide 13
13
Slide 14
14
Slide 15
15
Slide 16
16
Slide 17
17
Slide 18
18
Slide 19
19
Slide 20
20
Slide 21
21
Slide 22
22

About This Presentation

Experienced Social Media Manager, Creative Content Creator, and Strategic Branding Specialist dedicated to elevating your brand. A proven expert in driving engagement and growing online communities, I specialize in crafting compelling content that resonates with your audience. Let's connect and ...


Slide Content

What is E - commerce ?

What is E - commerce ? E-commerce (electronic commerce) can be defined as the exchange of goods and services via the internet. A digital version of traditional commerce, e-commerce offers consumers and businesses the opportunity to buy and sell products and services through various platforms. This online commerce model enables businesses to reach customers across a wider geographical area, streamline shopping processes and make transactions more efficient.

History of E-Commerce The origins of e-commerce date back to the late 1960s and early 1970s. During this period, the first computer networks and electronic data transfer protocols began to be developed. However, the rise of e-commerce in real terms waited until the mid-1990s. As commercial use of the Internet increased, companies began to establish a presence on online platforms and sell their products online.

History of E-Commerce The year 1994 is considered an important turning point in e-commerce. In that year, NetMarket , a company that conducted the first secure online transaction, sold a CD using cryptocurrency over the internet. Then, with major e-commerce platforms such as Amazon and eBay, the culture of online shopping spread rapidly. The advancement of technology and increased security measures have allowed e-commerce to grow even further.

History of E-Commerce Today, e-commerce has become a multi-billion dollar industry worldwide. People can now buy and sell products around the world using computers, smartphones and other digital devices. The evolution of e-commerce continues to transform business with the potential to offer consumers access to a wide range of products, a variety of payment options and secure shopping experiences.

E-Commerce Models

B2B (Business to Business) E-Commerce Model The B2B e-commerce model refers to trade between businesses. In this model, one business sells goods or services to another business. This type of e-commerce usually involves wholesale buying and selling. Businesses can buy products in large quantities and expand their sales. B2B e-commerce platforms make trade between businesses more efficient by offering features such as supply chain management, order automation and business process integration.

B2C (Business to Consumer) E-Commerce Model The B2C e-commerce model refers to businesses selling goods or services directly to individuals. In this model, consumers purchase products or services through online platforms. B2C e-commerce is usually prevalent in various retail sectors. Buyers have the advantage of choosing the products that suit their needs, making payments and receiving the products by courier. This model offers consumers access to a wide range of products and easy shopping experiences.

The C2C e-commerce model refers to trade between individuals. In this model, individuals can exchange products or services among themselves. C2C e-commerce usually takes place in online marketplaces. Users can perform transactions such as selling or buying used goods and services through these platforms. This model enables direct interaction and trade between individuals. C2C (Consumer to Consumer) E-Commerce Model:

C2B (Consumer to Business) E-Commerce Model: In the C2B e-commerce model, consumers sell their products or services to businesses. In this model, individuals market their skills or products online. For example, a freelancer selling their skills on a platform or a company buying content created by a consumer are examples of C2B e-commerce. This model offers individuals the opportunity to market and sell their own value.

Key Elements for a Successful E-Commerce Site One of the most fundamental elements for a successful e-commerce site is a user-friendly interface. A user-friendly interface should offer visitors a comfortable shopping experience. This should include easy navigation, clear categories, quick search and simple checkout processes. Design elements such as color choice, typography and layout should also be considered to ensure that users can navigate the site comfortably. A good user experience encourages customers to spend more time on the site, shop and return.

Secure Payment Systems Secure payment systems on e-commerce sites are a critical part of protecting customers' personal and financial information. Security standards, such as the use of SSL encryption protocol and PCI compliance, help customers make payments with confidence. Additionally, supporting different payment options gives customers flexibility and makes it easier to appeal to a wide audience. Reliable payment systems make customers feel secure when shopping on your site and increase brand loyalty.

Fast and Reliable Delivery Ensuring that customers receive their purchases quickly and reliably is a critical element for the success of an e-commerce site. Offering fast shipping options can increase customer satisfaction and provide a competitive advantage. It is also important to support delivery processes with transparent communication, tracking and updates. Providing customers with the information to track their order status and know expected delivery dates is part of providing a trusted shopping experience. Fast and reliable delivery increases customer satisfaction and contributes to a positive brand image.

Security in E-Commerce

SSL Certificates Security in e-commerce plays a critical role in protecting customers' personal and financial information when shopping online. SSL (Secure Socket Layer) certificates are a key element to ensure this security. Using an SSL certificate on an e-commerce site encrypts the communication between the customer and the site, thus preventing third parties from intercepting this information. When customers see SSL assurance on a website, they can share their personal information with peace of mind. This increases the reliability of e-commerce sites and positively affects customer loyalty.

PCI Compatibility When it comes to e-commerce sites processing payment card information, Payment Card Industry Data Security Standard (PCI DSS) compliance is critical. PCI standards include a set of security requirements to ensure the secure processing and storage of payment card information. E-commerce businesses must comply with these standards and take the necessary measures to protect payment card information. PCI compliance is a critical step in providing an online environment where customers can make payments with confidence, thereby protecting customer security and privacy.

Security of Customer Data The security of customer data is one of the top priorities for e-commerce businesses. This includes securely protecting customers' personal information (name, address, phone number) and financial information (credit card numbers, CVV codes). This information should be stored in encrypted form, security checks should be performed regularly and strong safeguards against unauthorized access should be in place. Furthermore, transparent communication of security policies regarding customer data is an important part of providing customers with a trusted shopping environment. The security of customer data is a critical element to protect the reputation of an e-commerce business and gain customer trust.

Tips for Success in E-Commerce

Market Research One of the key steps to success in e-commerce is to conduct effective market research. Market research helps you understand your target audience, their demands, needs and the competitive landscape. By identifying which products or services are in demand, defining customer segments and following industry trends, you have the chance to optimize the value your business offers. Market research shapes your business strategies and enables you to adopt a customer-centric approach.

Competition Analysis Since competition is intense in the world of e-commerce, it is critical to conduct an effective competitive analysis to be successful. Analyzing factors such as competitors' products and services, pricing policies, marketing strategies and customer service will help you understand the strengths and weaknesses of your own business. Competitive analysis allows you to improve your marketing plans, create differentiation strategies and gain competitive advantages. In this way, you can keep up with your competitors and attract the attention of your customer base.

Customer Satisfaction Matters Success in e-commerce is closely linked to achieving and maintaining customer satisfaction. Customer satisfaction starts with positive customer experiences throughout the buying process. You can increase customer satisfaction by taking measures such as fast and reliable delivery, effective customer service, transparent communication and easy return policies. Also, taking customer feedback into account and continuously making improvements is important to maintain customer satisfaction. Satisfied customers are more likely to recommend your brand to others and make repeat purchases, which is critical for long-term success. A customer satisfaction-oriented approach contributes to increasing customer loyalty and building a positive brand image.

Thank you for listening to me