Real estate, Stock Trading & Insurance - Growth of E-Commerce Video Lecture | E-Commerce - B Com

welcome to the fifth video of retailing
in a business and in this module I was
covering all the various business
sectors where a business has invaded and
it has been a very welcomed invasion
so in real estate insurance and stock
trading online you have real estate
online you have insurance online and you
have online stock stock trading as well
let's look into each of these in detail
all right on electronic stock trading
the thing is I did talk about real
estate online remember I mentioned if
you looked into for example if you
looked and looked into Remax okay and
you could easily find homes for example
I was looking for a home in Virginia and
I was able to find it very easily using
Remax all I had to do was enter my zip
code to 0 1 4 7 for example and I was
easily taken to homes available for sale
in the zip code this is very interesting
because I do not want to buy a very
expensive house I want to buy something
that's cheaper and ok here it is let me
take a look at it can you appreciate how
easy it is to access all of these sites
and I cannot even begin to tell you the
kind of processing taking place behind
the scenes this is just a front end and
I'm able to see very nice clean easy
easy to learn easy to access easy to
understand all these pictures are very
easy to see but at the backside of the
back end a lot of things are going on in
the back portal you will see a lot of
database management database handling a
lot of relational database management
happening and
a lot of data management happening which
we don't even know which you and I are
not even aware of another great thing
about real estate is that it the ability
to have a slideshow or a virtual tour
okay I am working on it right now
so what it does is it enables you to see
the homes from the inside okay
and this is the this is what the home
looks like from inside I'm really liking
it and if I look into it further I have
seen okay I can see a lot of details
while sitting here in UAE I can see a
home in United States and probably if I
want to travel by the summer I have a
handful of homes for myself to walk into
and look into so this is how it is easy
for everybody to be able to look into
new homes using real estate online real
estate websites alright so and if I have
a query here I can easily know the slide
number and call this person here okay
this is the person sponsoring office and
this is their telephone number and I can
request information online or I can call
them alright the many many other
intelligent ways in which the data is
represented to me check this out this is
a hidden treasure in Ashburn form you
won't believe what affects you at Bell
Green Drive okay it's a farm house and
single family two bathrooms contract
pending Stonebridge I know that it was
built in 1935 and it's in Loudoun County
and the taxes to be paid and this house
is this much so this is a lot of
information this is a lot of information
so what I'm trying to tell you is online
ebusiness has really made it very easy
for people to conduct their transactions
online all right online stock online
electronic stock trading is another way
of conducting business
in an online environment
in the internet you have an individual
trader and you have a stock exchange
unit here so what you need to do is you
just read on the stocks here open range
high-low Monday Tuesday and all the
stocks are available here and you are
able to see this right here in the
screen and you are able to bid make a
bed with the aid of your mouse and your
keyboard and over the internet the
router brokerage firm all of this
information is transferred here and like
I told you every ebusiness e every
e-business website or electronic
commerce website has a front end and a
back end and also an end that trance
that communicates to the business there
is a b2b end there is a C to BN and
there is an employee to company
organization portal as well so behind
the screens a lot of work is going on
databases are being shifted they're
being changed and being deleted they're
being replaced and so forth electronic
online okay then we have banking and
personal personal finance online
electronic online banking or a banking
various banking activities conducted
from home ok this is amazing if you are
able to conduct your business
transactions from home it's amazing let
me show you something that I've been
doing for myself over these years which
has been very very interesting if you do
not own a bank account for example sob
you can do cyber banking or virtual
banking or online banking and also home
banking ok let me see how far I can go
ok yes let me check go into PayPal ok
PayPal is an online banking system and
what it allows you is that what you do
is you can buy sell send and you can
have a business at the same time ok and
if you want to look into it in detail
they provide you quick and easy access
purchase with your fingertips make a
payment online or with your mobile ok or
you can request a payment in the blink
of your eye you can make a payment or
you can request a payment ok I have an
account here as well as I yes you can
see I do a lot of transactions online
beyond evap on websites where with your
mobile more ways to use us ok so these
are the different shops available and
what I can do is if I have a PayPal
account I have money in the PayPal
account where to shop I can easily use
my money to transfer form my PayPal
account to one of these places ok
and of course they're going to deliver
so these are the different brands
available all right what I'm trying to
say is that with the aid of electronic
commerce this could not have been
possible if there was no e business or
internet or anything like that this is
only possible because of the presence of
Internet okay so other another
application is home banking capabilities
virtual banks international and multiple
currency banking okay you have if you
look at multiple currency banking I was
amazed at the kind of options I have
available for example UAE exchange ok
and if you want to send some money to
India from UAE all you need to do is
just go to the website and if you have a
credit card with the end of your credit
card you can easily transfer money into
India ok this is my while cash wallet
you need to transfer your money to this
site and the site will transfer your
money to India and within seconds you
know the person who you're sending to
will receive the money so there are many
many websites al-ansari exchange ok I
will I'll just give that right now ok we
have
okay let me just get out of here okay
now what I'm gonna do is just go back to
my slide and explain that you can also
do virtual banking home based banking
which means if you have a bank account
you can easily get into the account and
within the comfort of your home you can
make an online transaction banking and
personal finance finance online so
within the comforts of your home you can
do online financial transaction you
could do implementation as well there
are several issues you know nothing is
always beneficial there are always
issues associated for example you may
have problems securing financial
transactions you will have imaging
systems you have fees online versus fees
for online services and there risks
associated at the same time and I'm and
what you need to do is you need to make
sure that you know your the the bank
that provides you with online access
from home provides you with the weather
with a very secure password because
there is a lot of chances of you know
insecurity and other issues that we
would cover later on but for now these
be the advantages are more than the
disadvantages of conducting an online
banking okay then the other option that
you have available is online billing and
Bill pain for example taxes you can also
do turbo you can also do taxes online
for example there is a thing called
turbo tax okay and what it does is it
allows you to prepare and file for your
taxes easily this is for the u.s. United
States citizens what it does is it
allows you to file up your w-2 forms ok
and you can stop for free and if there
are any other complications and they
would start charging you fee for it okay
it's called turbo tax missed the tax
deadline you can still file and get your
maximum before
guaranteed okay so taxes are also
happening online and you can also pay
your bills online your telephone bill
your gross your gas bill your
electricity bill your cable bill your
internet bill and any other any other
subscriptions for example Netflix comm
the many other subscriptions that you
may have you can always pay your bills
online and this was not possible before
the prevalence of e-commerce then you
have on-demand delivery of products
digital items entertainment and gaming
or demand delivery of products for
example a grocer okay a grocer that
takes orders online and provides
deliveries in on a daily basis okay or
regular schedule or within a very short
period of time okay and then you have an
on-demand delivery service express
delivery made fairly quickly after an
online is order is received let me show
you two very good examples here okay you
can have Pizza Hut online just check
this out online okay let me make online
orders welcome to Pizza Hut and order
your meals now one this one was this
website and the other one that I wanted
to show you was Peapod okay let's check
it out
Peapod what happens in Peapod is an
online grocery store I'm not a robot and
then it lets because it doesn't want a
woman to make orders for groceries so
it's going to take you to the site okay
and all you need to do is you have to
have a login okay but I'm just showing
it to you and what they do is they let
you order food online and then they
deliver they deliberate they also have
apps available this is one of the things
that I wanted to tell you that if you
have an e-business you have to have an
app version of your website because
without an app you
versus incomplete so this is an online
food ordering site grocery store okay
just like the picture shows other one
that I have here is okay this one they
want to know my location okay if I allow
them my location they would know exactly
where I am calling from where I'm
ordering form I'm going to just close
this for now and I can easily create my
pizza online okay create your own and
medium pan pizza okay and just customize
all of it and then I am I can just get
ready to order for example if I just
want this okay this is added to my order
and I am just going to go back to my
order okay I want one lamb belly shoes
as well okay and I want to check out
okay if I check out or if I can do
continue shopping and if I check out it
would definitely ask me who you are and
please sign in tell us more about
yourself then they would according to
the my location they would send the
pizza delivery from the nearest outlet
to my place so this is another
application successful application of
online commerce okay with this I am
going to close the video and up next we
are going to be talking about digital
delivery of the online delivery of
digital products okay have some really
interesting information and websites to
share with you on this topic so let's
just move on to the next video
take care