Formative - 2 (Group 2) by Sadhikka Arya https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38 Hope you enjoy !! en-us 2021-12-03 04:19:28 UTC 2023-03-29 06:03:23 UTC hello@padlet.com Strengths - Raisa raisarstudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926721561 SS (strengths)

Because of E-commerce, we have a larger online market. 
Like you can fit in many products since the online market is unlimited so you can display a bunch of products to buy.

Electronic commerce will substantially lower the transaction cost. 

There's a lot more flexibility for customers. 
 The customers have a lot of flexibility because they are free to suggest which will help the product get better for other people to buy.

You can save a lot of time from E-commerce since it is online 
Instead of going to a store which is 10 minutes away from your house you can just sit on the couch, turn on your phone and buy and product within 1 minute.

More opportunities to sell Produ\cts.
There can be a variety of products for people to buy everyday.





]]> 2021-12-03 05:30:21 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926721561 Weaknesses - Arjun arjunastudent1 https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926729891
  • A weakness for E - Commerce is the security. People like hackers can hack into different digital services and can steal people’s information.
  • Another Weakness of E - Commerce is when a site crashes and internet goes away, it will forbid people to experience their services
  • Another weakness is Late Delivery. When you order a product, it will give you a specific time period of when the product will reach you. But, mostly, the product comes late.
  • Another weakness of E - Commerce is the lack of privacy protection. The customer has to type his/her personal information.
  • Another weakness for E - Commerce is that it requires advanced technologies to build one, or too keep one running. If there's any disturbance to the technology running the E - Commerce, it will be impossible for the customer to buy products. 
  • Another weakness for E - Commerce is that since they are shipping products from other countries, But if there is a shipping problem, it will be hard to get the product to the customer.
  • A weakness for E - Commerce is that suppose you pay money to buy a product. Cybercriminals can hack the website and steal details.

    • ]]>     2021-12-03 05:40:10 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926729891     Threats - Sadhikka sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926731504 The threats E-Commerce industry -

    1 - Financial funds - Many people do fake funds and put stolen credit cards for buying products etc. Many hackers hack into e-commerce businesses like amazon, e-bay, etc.

    2 - Spamming - Many hackers may illegally create links that look friendly but can hack your computer or install a virus without confirmation of a website.Because many businesses rely on their e-commerce and buyers so people hack into accounts.

    3 - Competition - In physical stores you can test out the products and you can have trust with people because there can’t be any hackers since everything happens pyhsically.But in online stores you don't have trust with people and you don't know if the product is as good in real life as shown in the picture.

    4 - Man in between - When customers send the their payment to the stores sometime hacker come in between the mails and make sure the mail goes to them and not to the store.So the the stores does not get payment and the hacker gets the money.

    5 - Bad reviews - Sometime people put fake reviews about the product even though it was good.And when they do this the e- commerce people don't get enough money for one specific product , and the owner of that product gets really angry at the e- commerce industry for not selling their product.  ]]>     2021-12-03 05:41:53 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926731504     Formative - 2 sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926734374 2021-12-03 05:45:17 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926734374 Group Members - Sadhikka Arya , Raisa Rajporohit , Vihaan Deedwania , Arjun Arvind sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926736896 2021-12-03 05:48:11 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926736896 The industry we chose - E - Commerce Industry sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926749010 2021-12-03 06:01:24 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926749010 E-commerce refers to the selling and buying of goods and services via online means. sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926752534 2021-12-03 06:05:32 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926752534 sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926784936 Central Idea: - Communities can help industries to grow economically.

    Line of inquiry: Current state of industries-threats/survival.

    Key Concept: Causation

    Assessment strategy: -  Open ended task

    Assessment Tool: - Single Point Rubric

    Task: Work in groups and pick on the current state of any one industry on a global level and complete a SWOT Analysis sheet using the research finding.




     


    ]]>     2021-12-03 06:43:19 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926784936     sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926794677 2021-12-03 06:52:50 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1926794677 Opportunities - Vihaan sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1927292009 1 - Everything going online because of  COVID - 19 creates many opportunities to advance the growth of the eCommerce industries and can help the industry grow in customer usage and satisfaction. 
    2 - Adding relevant features like personalization, search tracking (tracking what the consumer usually searches and pear that with the ads and searches) to help the customer feel connected to the E-Commerce or website.   
    3 - Creating awareness by adding social campaigns and exciting new offers after the business has grown and making a good enough website and business that people will tell others to use and create a useful tool or eCommerce that is useful during the pandemic Like an E-commerce for entertainment, work, learning.
    4 - Some products which are sold online are not always there in real stores so more opportunity is there for people to buy a more variety of things.

    5 - If you go to a real store it is hard to find the exact product you want because you will have to look at all the sections and shelves but in online you can jsut search for the product online on the search bar and immediately get]]>     2021-12-03 13:20:06 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1927292009     Conclusion - Recommendation sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1930304110 1 - There are many apps for security which you should use to protect your business.
    2 - Customer satisfaction should be at top priority.
    3 - Don't take customer private data.]]>     2021-12-06 03:44:17 UTC https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1930304110     Citation sadhikkaastudent https://padlet.com/sadhikkaastudent/vb7yifaxmx5tej38/wish/1930310124 Citation - 

    https://www.getastra.com/blog/knowledge-base/ecommerce-security-threats/

    e commerce advantages and disadvantages - Apruve Blog - Search this site as it is not clickable.

    Topprhttps://www.toppr.com › guides › electronic-commerce - Search this site as it is not clickable


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