Mention Some Major Application of E-Commerce?

Some Major Application of E-Commerce : 

(1) Supply Chain Management

(2) Procurement And Purchasing

(3) Online Marketing And Advertisement

(4) Online Auction

(5) E-Banking

(6) Online Publishing

(7) Video On Demand

(8) Online Booking(Ticket, Seat Etc)

# Supply Chain Management :

                                                    A supply chain is a network of facilities and distribution options that performs the functions of procurement of materials, transformation of these materials into intermediate and finished products and the distribution of these finished products to customers.

There are four major decision areas in supply chain management : 

(1) Location

(2) Production

(3) Inventory

(4) Transformation(Distribution)

There are both strategic and operational element each of these decision areas.

# Procurement and Purchasing : Procurement refers to the overall process of acquiring a product or service.

(i) Specifying the requirements to fullfill the need 

(ii) Identifying potential suppliers

(iii) Soliciting bids and proposals

(iv) Evaluating bids and proposals 

(v) Awarding contracts or purchase orders 

(vi) Tracking progress and ensuring compliance

(vii) Taking delivery

(viii) Inspecting and inventorying the deliverable 

(ix) Paying the supplier

(x) Identifying a need

# Online marketing And Advertisement :

                                                                         Term referring to the internet and  e-mail based aspects of a marketing campaign, such as banner ads, e-mail marketing, search engine optimization, pay-per click, and other tools. Also referred to as "online advertising".

# Online Auction : 

                                Offer the general public the opportunity to bid electronically on a wide array of assets. The auctions are completely web enabled allowing all register participants to bid on a single item or multiple items within specified timeframes.

# E-Banking : 

                         E-banking includes familiar and relatively mature electronically based  products in developing markets such as telephone banking, credit cards, ATMs, Internet banking and direct deposit. It also includes electronic bill payments and products mostly in the developing stage, including stored-value cards (e.g smart cards/, smart money) and internet based stored value products.

Among the products offered are :

(i) Fund transfer and payment systems.

(ii) Securities placement and understanding and capital market activities

(iii) Securities trading and 

(iv) Retail banking.

# E-Tailing/E-Retailing : 

                                            E-Tailing is the selling retail goods on the Internet. It is the most common form of business-to-consumer(B2C) transaction .

# Online Publishing : 

                                    Electronic publishing includes the publication of newsletter magazine and database and other promotional materials, e-books and the like, making information available for use over computer networks.

(i) Low cost

(ii) Universal Access

(iii) The independence of time and place and 

(iv) Ease of distribution

# Video On Demand :

                                      Video on demand is a system where a viewer can watch their favorite videos and movies. The viewer select the movie using telephone call, SMS and web page.

# Online Booking : 

                                  Booking or reserving any travel tickets, events(sports match, musical performance etc) and hotel rooms using n electronics communications