User:Kivosh/sandbox

Electronic E-commerce it is the ability to transact and do business online therefore we can say eCommerce covers customer, supplier, and external partners.

Merits of e-commerce To the buyer wide range of products to choose from Can read supplier/ seller reviews and compare price diff before buying make purchases in the comfort of their homes The decision by the buyer are usually informed save expenses of traveling To the seller It is cheap to maintain an online store than an actual store Due to reduced overhead costs of running store prices are friendly Reach much larger market technology provides the seller more efficient ways to contact b/s The internet support cheap advertising

Demerits of E-Commerce To the Buyer 1. Can get conned by some dealers 2. The shopping experience is lost because of virtual 3. The product may get damaged on transact or fail to meet standards of the country imported to	4. It requires someone with knowledge on how to use the platform 5. It requires support by open bank a/c and buys may not have one To the seller 1. The seller exposed to the risk of fraudulent dealings 2. It requires linking to financial institutions for payment 3. Require knowledge of tech Porters 5 forces model 1. Threats of new entry  2. Bargaining power of supplier 3. Theat of substitute product/service 4. Traditional rivals   5. Bargaining power of customer

Challenges of E-Commerce


 * Transactional challenges***

1 payment, money, exchange rates 4 Liability issues 2 Acceptability issues 5 ownership, grievances handling 3 Taxation issues


 * Geographical Issues***

1. transportations of physical goods

Extranet/extended intranet This is a semi-private network that uses internet technologies. It secures links to the intranets of associated companies. Benefits of extranet 1.	Enhanced communication 2.	Enhanced productivity 3.	Business enhancement 4.	Cost reduction 5.	Information delivery

Value-added network The value-added network provider is a private org hired to provide electronic data interchange or provide other services.

Development options for E-Commerce Application Software System software	Application Software	Programming language Operating sys	  off the shelf SW		Low/high-level programming lang System Utility	   Home made sw		third/fourth/firth generation lang

Developers have the following developing options Build from the scratch Build from components Enterprise applications