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Internet & World Wide Web, E-Commerce Video Lecture | E-Commerce - B Com

100 videos|55 docs|19 tests

FAQs on Internet & World Wide Web, E-Commerce Video Lecture - E-Commerce - B Com

1. What is the difference between the Internet and the World Wide Web?
The Internet is a global network of networks that allows for the transfer of data and communication between computers. On the other hand, the World Wide Web (WWW) is a system of interconnected documents and other resources, linked by hyperlinks and URLs, accessible via the Internet. The Internet is the infrastructure that enables the World Wide Web to exist.
2. What is e-commerce and how does it work?
E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the Internet. It involves online transactions between businesses, consumers, or a combination of both. E-commerce typically works through online marketplaces, websites, or mobile applications, where customers can browse products, add them to a virtual shopping cart, make payments electronically, and have the products delivered to their desired location.
3. How has e-commerce impacted traditional retail businesses?
E-commerce has had a significant impact on traditional retail businesses. With the rise of online shopping, many consumers now prefer the convenience of purchasing products from the comfort of their homes. This has led to a decline in foot traffic and sales for brick-and-mortar stores. Traditional retailers have had to adapt by establishing an online presence, offering competitive pricing, and providing additional services to attract customers.
4. What are the advantages of e-commerce for businesses?
E-commerce offers several advantages for businesses. Firstly, it expands their reach to a global customer base, allowing them to target customers beyond their physical location. Secondly, it reduces operational costs as businesses can avoid expenses related to physical stores, such as rent and utilities. Additionally, e-commerce provides businesses with valuable customer data, enabling them to personalize marketing efforts and improve customer satisfaction.
5. What are the security challenges in e-commerce?
E-commerce faces various security challenges that businesses and consumers need to be aware of. One major concern is the protection of sensitive information, such as credit card details, during online transactions. This requires implementing secure payment gateways and encryption protocols. Another challenge is the threat of cyberattacks, including hacking and data breaches. Businesses need to invest in robust cybersecurity measures to safeguard customer data and maintain trust in their online platforms.
100 videos|55 docs|19 tests
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