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E-Commerce

Discover the benefits and inconveniences of e-commerce, how it affects retail sales and the real estate market, and why becoming an e-retailer is a smart choice. Explore the innovations of Google, Facebook, and Groupon, and learn from successful e-retailers like Best Buy, Wal-Mart, and Macy's.

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E-Commerce

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  1. E-Commerce Safi Ahmed Section: 002

  2. History of E-Commerce

  3. Benefits • Easy • Quick • Things get shipped to your house • No lines to the register • Easier to find cheaper prices on all items • An Over Flow of choices

  4. Inconveniences • You don’t get to feel the physical product • Shipping Costs • “Security”(Khurana) • Delay between ordering and receiving products(Khurana)

  5. Security

  6. Buy a house online? • http://www.nytimes.com/2008/05/12/technology/12ecom.html?ref=ecommerce • E-Commerce is affecting the Real Estate market. • It is forcing the broker or seller to post more information about the house online.

  7. E-Commerce Sales • http://ycharts.com/indicators/ecommerce_sales#series=type:indicator,id:ecommerce_sales,calc:&zoom=5&startDate=&endDate=&format=indexed&recessions=false

  8. Retail Sales • http://ycharts.com/indicators/retail_sales#series=type:indicator,id:retail_sales,calc:&zoom=5&startDate=&endDate=&format=indexed&recessions=false

  9. Why become an E-Retailer? • Saves Money • You don’t need to open a physical store(Egypt) • You don’t need to hire as many employees(Egypt) • Time saver • The transaction are faster(Egypt) • You can use software to analyze buying habits and keep track of inventory(Egypt) • You can reach a global market

  10. Innovation • Google • Facebook • Groupon

  11. E-Retailing • Best Buy • Wal-Mart • Macy’s • JC Penny

  12. The End! • Thank you!

  13. References • Khurana, Ajeet. "Disadvantages of Ecommerce." About.com Ecommerce. About.com. Web. 16 Apr. 2012. <http://ecommerce.about.com/od/eCommerce-Basics/a/Disadvantages-Of-Ecommerce.htm>. • Elogichick1. "E-commerce Security." YouTube. YouTube, 01 Nov. 2010. Web. 16 Apr. 2012. <http://www.youtube.com/watch?v=UNEoAtVI97k>. • Indiana University. "A Timeline of the Internet and E-Retailing: Milestones of Influence and Concurrent Events : Center for Education and Research in Retailing: Kelley School of Business: Indiana University." Kelley School of Business: Indiana University Bloomington. Indiana University. Web. 16 Apr. 2012. <http://kelley.iu.edu/CERR/timeline/print/page14868.html>. • Egypt E-Marketing. "How Does ECommerce Reduce Business Transaction Costs for a Typical Retail Store?" E-Marketing. Web. 16 Apr. 2012. <http://egyptemarketing.com/ecommerce-reduce-business-transaction-costs-typical-retail-store-31/>. • Twice. "Walmart Focused On Cost Efficiencies, E-Commerce." - 2012-04-16 20:45:09. Web. 16 Apr. 2012. <http://www.twice.com/article/483214-Walmart_Focused_On_Cost_Efficiencies_E_Commerce.php>. • Steiner, Ina. "Best Buy Closing 50 Stores and Begins Hunt for New CEO." Independent News and Resources for Online Retailers. Auction Bytes, 16 Apr. 2012. Web. 16 Apr. 2012. <http://www.auctionbytes.com/cab/cab/abn/y12/m04/i16/s03>.

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