Top 20 E-commerce Concepts Interview Questions
Q1. What Are The Possible Drawbacks Of Electronic Commerce?
Increased vulnerability to fraud;
difficulty protecting highbrow property;
risks to confidentiality; troubles over taxation;
customs necessities;
regulations; credit card fraud;
safety;
agree with troubles, and constant availability.
Q2. How E-commerce Works?
When a purchaser needs to shop for a positive product, he go to the internet site and selects the product he needs to shop for. Once the product is selected, the client traction is moved to the net traction server where he locations an order.
The data is exchanged over a comfortable channel thru a personal gateway to a processing community. The networked banks take delivery of or reject the traction.
All this occurs in only a count number of seconds.
ECommerce is a totally secure because of the SSL (Secure Socket Layer) era.
The primary steps involved in becoming Commerce Enabled are:
Getting an Internet Merchant Bank Account
Web Hosting
Obtaining a Digital Certificate
Finding a Provider of Online Tractions
Creating or Purchasing a Shopping Cart Software
Q3. What Is Software Reliability In Ecommerce?
E-commerce calls for software that plays critical responsibilities, together with growing storefront and a buying cart, amassing client records, and providing the fee gateway. This software desires to function efficiently.
Testing assures the agency of the first-rate and integrity of the e-commerce answer.
Q4. What Is Online Shopping Application And Give Some Examples?
Online Shopping Application gives business gateway among Product carriers and Customers.
Ex: Walmart, amazon and so forth...
Q5. Explain Electronic Payment Procedure?
The service provider submits a credit score card traction to the Payment Gateway on behalf of a purchaser via at ease connection from a Web website online, at retail, from a MOTO center or a wi-fi tool.
Payment Gateway receives the secure traction information and passes it through a comfortable connection to the Merchant Bank Processor.
The Merchant Bank’s Processor submits the traction to the Credit Card Interchange (a community of financial entities that speak to control the processing, clearing, and agreement of credit score card tractions).
The Credit Card Interchange routes the traction to the customer’s Credit Card Issuer.
The Credit Card Issuer approves or declines the traction based at the patron’s to be had funds and passes the traction effects, and if approved, the precise funds, back through the Credit Card Interchange.
The Credit Card Interchange relays the traction results to the Merchant Bank’s Processor.
The Merchant Bank’s Processor relays the traction consequences to Payment Gateway.
Payment Gateway stores the traction effects and sends them to the customer and/or the service provider. This communication manner averages 3 seconds or much less.
The Credit Card Interchange passes the correct funds for the traction to the Merchant’s Bank, which then deposits funds into the service provider’s financial institution account. The funds are typically deposited into your number one bank account inside to four enterprise days.
Q6. What Are The Various Applications Of E-trade?
Following are a few products in which Ecommerce may be used:
Computer products (hardware, software, accessories)
Books
Music
Financial Services
Entertainment
Home Electronics
Apparel
Gifts and plant life
Travel services
Toys
Tickets
Information
Q7. What Is The Difference Between Business-to-enterprise And Business-to-consumer Electronic Commerce?
Difference between enterprise-to-business and commercial enterprise-to-consumer e-commerce:
Business-to-enterprise electronic commerce is conducted among two separate businesses, inclusive of a huge company desiring workplace supplies and an office supply organisation. Business-to-purchaser electronic trade is among one man or woman and a organisation promoting items or services.
Q8. What Are The Types Of Ecommerce Applications Available In The It Industry?
Business to Business (B2B)
Business to Customers (B2C)
Customers to Customers (C2C)
Customers to Business (C2B)
Etc...
Q9. List The Major Benefits Of E-trade?
The fundamental benefits of Ecommerce are:
relaxed - extra at ease than a cheque.
Speedy - the tractions take not a number of seconds
constantly on - the purchases can be made 24/7
convenient - ease of buying
reduced fee charge - Reduction of Marketing and Advertising Costs
Q10. How To Test Payment Gateways In Web Portals?
Using dummy card ids, we can take a look at Payment Gateways.
Q11. How To Set Up An Ecommerce System?
E-commerce Web sites are not smooth to installation. With a plethora of e-trade solutions in the market, entrepreneurs have to make some key decisions:
The entrepreneur has to determine on the initial quantity of funding required for an e-commerce Web website, in addition to the extent of enterprise of an e-commerce Web site over the Internet. Investment elements and commercial enterprise goals dictate the kind of software program, database, or other applications which are required to set up the e-commerce Web site.
There are particular elements worried in an e-trade gadget. These factors variety from domain name for the web site to the service provider account for e-commerce tractions. Each of these factors requires a certain amount of scrutiny earlier than putting in place an e-commerce Web website.
Before launching the e-trade Web site at the Internet, it requires rigorous checking out. Some of the vital and commonplace kinds of checking out consist of protection trying out, software and hardware reliability, and compatibility among all the elements of the gadget.
Q12. Explain In Brief B2b, B2c, C2b And C2c?
B2B (Business-to-Business)
In B2B, agencies tract with each different. This includes the businesses selling their product to wholesalers, vendors, and many others
B2C (Business-to-Consumer)
This is typically while average corporations tract with the client. This is completed via the buying cart softwares and the amount worried within the tractions is typically low.
C2B (Consumer-to-Business)
In this, a customer places the product at the net. The companies inclined to buy this product bid for it. The customer can then determine, relying upon the bid, which business enterprise to promote it to.
C2C (Consumer-to-Consumer)
These sort of tractions are commonly completed at an individual stage. Payments may be executed with the assist of on line systems like PayPal.
Q13. How Testing Is Crucial In Ecommerce?
Testing is vital to e-commerce because e-commerce web sites are each enterprise critical and fantastically visible to their customers; any failure may be at once steeply-priced in terms of lost sales and even extra high-priced inside the long run if disaffected users searching for alternative websites. Yet the time pressures within the e-trade global militate towards the thorough checking out generally associated with commercial enterprise criticality, so a new technique is needed to permit checking out to be integrated into the development system and to make certain that checking out does not present a significant time burden.
Q14. What Is Web Portal And Give Some Examples?
Web portal is a enterprise gateway ex: on-line buying portals, http://www.Wisdomjobs.Com/ like process portals
Q15. How Does Web Marketing Create A More Personalized Approach Than Radio Or Television Advertising?
By allowing users to choose the ads they would love to pursue; in radio and tv advertising, the viewer or listener is extra of a passive recipient of the facts.
Q16. What Is System Assurance In Ecommerce?
The principal cause of device warranty is to deliver a fine product. Conformance to necessities will increase the enterprise’s confidence within the machine.
An e-commerce machine deals with 3 events: the bank, the traction clearinghouse, and the patron. The interdependency of these three parties makes the procedure of purchasing and promoting over the Internet more crucial than in actual life. If the religion of any of these parties dwindles in the e-commerce web page, the marketers can lose a whole lot of money, as well as their recognition.
For instance, in the case of a faulty e-commerce gadget, the credit score card of the purchaser may be billed without delay for the entire order, whilst simplest a partial order has been stuffed. Testing need to assure that partial order success and billing are completed effectively.
Q17. What Are Two Advantages Of Electronic Commerce Over Traditional Commerce?
Advantages of electronic trade over conventional trade are as follows:
@Instant global availability.
@A streamlined customer-to-seller relationship.
@Reduced paperwork.
@Reduced mistakes.
@Time and overhead expenses.
@Reduced time to complete tractions.
@Easier access into new markets.
@New business possibilities.
@Improved market evaluation.
@Wider get admission to to help and advice.
@Improved product evaluation.
@The capacity to streamline and automate purchasing.
Q18. What Are The Payment Models For Electronic Commerce?
The e-coins version, the test model, and the credit model.
Q19. Explain The Term "internet Hosting"?
Web web hosting is a manner to gain a presence on the net. The internet website hosting business enterprise must be capable of providing you with the extent of service that you need to keep your Web Store.
Q20. The Basic Steps Involved In Becoming Commerce Enabled Are:
@Getting an Internet Merchant Bank Account
@Web Hosting
@Obtaining a Digital Certificate
@Finding a Provider of Online Tractions
@Creating or Purchasing a Shopping Cart Software

