E commerce -E Business for B2B - Introduction and Risk Analysis
E-commerce:
In simple words E-commerce refers to buying and selling any thing with the help of internet, Electronic Commerce referred to any electronic transaction between any two or more person or organization, the transaction may be of any type of information or buying selling activity.
Perspective of E commerce is as following:
Communication perspective:
Where delivery of information, services, products or payment by electronic means.
Business Process Perspective:
Technology to automate the Business transactional processes or to ease the Business work flow.
E-commerce is a tool that addresses the desire of governments, firms, consumers, and management to cut service costs while improving the quality of customer service and increasing the speed of service delivery.
Buy side E-commerce:
E-commerce Where Organization fulfills the buying needs and requirements through transactional activity electronically.
Sell side E-commerce:
E-commerce which enable user or organization to purchase products, provide information to purchase product, branding to provide support to products or news portal having diversity of options for generating revenue including advertising , commission base sale , sale of customer data.
E-commerce Risks:
Strategic risks:
wrong investment decision.
Execution of wrong plan, which cause lost instead of some gain
Inappropriate marketing approach or approaching the market in appropriate manner
Practical risks:
Customer experience about Your B2b Portal.
News which leads to damage the reputation of your b2b Website.
There are many more Risks involve in Ebusiness Indutries which will be analysed further, Study Groups around the globe working to know the behavioral changes and indepth knowledge of this industry
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E commerce -E Business for B2B - Introduction and Risk Analysis
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