Hii friends,
I want to know How e-commerce works and what is benefit of e-commerce....
Hii friends,
I want to know How e-commerce works and what is benefit of e-commerce....
In short, e-commerce is about combining three different systems: a Web server that can manage an online storefront and process transactions (making appropriate links to bank computers to check out people's credit card details), a database system that can keep a check of the items the store has in stock (constantly updating as people make orders and ideally making new orders with suppliers when stocks run low), and a dispatch system linked to a warehouse where the goods can be instantly located and sent to the buyer as quickly as possible.
eCommerce stands for Electronic Commerce, which is in itself a broad term for selling on the internet through a website, electronically. With the ability to process credit cards electronically on the internet, just about anything can be sold on the web. More and more people are buying online and enjoying the benefits of convenience and often lower prices (still no tax in most states). Online stores are often able to reduce prices because they are able to eliminate overhead such as having to pay employees to run a brick and mortar store.
E-commerce is a strange animal. On the one hand, it seems like it is the new kid on the block -- one that will revolutionize the way business is transacted online. On the other, its business model often seems identical to physical retail that has been around for centuries.
The truth is that both points of view are valid. E-commerce does much the same as physical retail. However, the fact that it operates digitally, introduces some unique business elements.
E-Commerce appears for Electronic Business, which is in itself an extensive term for promoting online through a website, digitally. With the ability to process bank cards digitally, just about anything can be sold with the web.
Last edited by synergypower; 11-15-2016 at 01:22 AM.
eCommerce stands for Electronic Commerce, which is in itself a broad term for selling on the internet through a website, electronically. With the ability to process credit cards electronically on the internet, just about anything can be sold on the web.
hi
The basic components of an e-commerce system. Whether you're buying in a store or buying online, everything you do is geared around a transaction: the basic exchange of money for goods or services. ... Small traders who sell items on the auction website eBay often work in this way, for
eCommerce is a shop that operates online. Like having an electronics store somewhere in a city, but you don't have the actual building you have a site with the same purpose, to sell electronics to clients. The main difference is that the customer doesn't come to your shop, buys the product and goes home. Instead, he comes to your site, orders the product and you deliver it to his house.
E-commerce is an strange animal. On the one hand, it seems like it is the new kid on the prevent one that will change the way industry is transacted online. On the other, its company model often seems similar to actual physical retail store that has been around for centuries.
eCommerce stands for Electronic Commerce, which is in itself a broad term for selling on the internet through a website, electronically.
eCommerce stands for Electronic Commerce, which is in itself a broad term for selling on the internet through a website, electronically. With the ability to process credit cards electronically on the internet, just about anything can be sold on the web. More and more people are buying online and enjoying the benefits of convenience and often lower prices (still no tax in most states).
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