E - Commerce

1. What is E-Commerce? There exists no exact definition of e-commerce. Generally it is report as every kind of business sector action where in tenoration is interchange electronically. To some people it subject matter shop at a website and buying products online, to other people it means just conniving a web page in a mode to increase the customers interest. It does not necessarily describe a demonstrate of lodgeing and paying online. Electronic trading, in which a supplier provides goods or services to a customer in return for requital is just one special fictitious character of electronic commerce. Other equally valid examples include indwelling transactions within a single company or provision of cultivation to an external organisation without any charge. E-commerce is touch on with attracting new customers and therefore it involves advertising, public relations and solicitation information for and about customers. Its not enough to fascinate an online order for a product, its in any case necessary to have this product and to let it to the customer. So e-commerce includes, besides of interacting with customers electronically, all the things a normal business would also need.

Categories of E-Commerce There are 3 categories of e-commerce: -         business-to-business (B2B) -         business-to-consumer (B2C) -         business-to-administration -         consumer-to-administration An example in the business-to-business folk would be a company that uses an electronic way for ordinance from its suppliers, receiving invoices and making payments. The business-to-consumer category! means selling things to consumers via Internet. It is the close well-known(a) form of e-commerce. The business-to-administration category covers all transactions between companies and giving medication organisations. The alike(p) category exists for consumers and administration, though it is rather seldom. As the B2C category is the most favorite one, we will talk about it. Advantages of E-Commerce The following describe describes of what may be the main advantages of e-commerce: -         lower transaction costs... If you want to get a full essay, order it on our website: BestEssayCheap.com

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