Advantages And Disadvantages Of Ecommerce

E-commerce is the process of buying and selling of various products and services by businesses through the Internet. Primarily there are five types of ecommerce systems: Business to Consumer (B2C)

However, this definition seemed to be impartially narrow by some people, therefore, with the new term E-Business has emerged, that brings out wider definition of E-Commerce. It is important to note that E-commerce is not just restricted to selling and buying of goods and services, however it also service customers, cooperating with business partners and leading electronic transaction within the company (Song & Zahedi, 2001).

E-Commerce is the electronic purchasing and selling of goods and services over a private and or public computer network, which is usually Internet based. For instance, you as a customer would select an item online with the network, and then through this network would affect the purchase. This transaction is also known as a Clearinghouse or electronic exchange. Majorly all e-commerce applications utilize the three-tier architecture, which can be seen in Figure 8-5 of the Experiencing MIS textbook. The three tiers are made up of a user tier, server tier, and a database tier. The user tier consists of computers that have browsing capabilities that request and process web pages, and other database through the Cloud technology, as well as Web 2.0. The server tier also utilizes computers that run Web servers to generate Web pages, Cloud locations, and other data in response to request from browsers. These servers also process application programs as well. Most importantly the database tier is in place to run the database management systems (DBMS), and receive and process structured query language (SQL) to receive and store data. As effective as e-commerce is, there are some major setbacks that plague the industry. Some

Electronic Commerce in short known as E-commerce. E-commerce is the business or commercial transaction which transforms information in internet. E-commerce which is buying or selling any products or services in Online using internet. It is Electronic mediator between the customer and the organization. The main aim of E-commerce is to provide secure transactions for the customer

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. The terms e-commerceand e-business are often used interchangeably. The term e-tail is also sometimes used in reference to transactional processes around online retail, (SearchCIO, 2015). In other words e-commerce is the buying and selling of goods and services online.

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.

E -business and e-commerce are terms that are used to differentiate one vendors' product from another. Both terms are different, and that difference matters for today's companies. The ‘e’ stands for electronic networks and describes the application of the electronic network technology. This include Internet and electronic data interchange (EDI) and is used

E-commerce replaces the manual business processes with their automated electronic equivalents to accelerate ordering, delivery and payment

In this document, I will be outlining some of the more common forms of e-commerce hardware, software and networking technologies that are commonly employed in the world of e-commerce.

The e-commerce in many industries added more pressure to the physical distributors and dealers of goods and services since it became more user friendly and convenient to order these goods and services online from various resources while comparing the prices at the same time.

E-Commerce. The ecommerce industry has been around for a long time, however, with the aid of modern networking technology it has become even better and it will continue to evolve as the technology grows. Ecommerce involves the activities of buy and selling good over a network mainly the internet. Ecommerce is a step up from traditional shops where customers had to visit a physical store to purchase goods and services according to Rouse, M. (2016, June 30). What is e-commerce (electronic commerce or EC?). Ecommerce allows a consumer to stay at home, make purchases and then have the good or service delivered to them. Ecommerce would not have been possible without the aid of computer networks and the internet. The infrastructure of ecommerce is networking. The components of an ecommerce system is: A consumer using a computer or cellphone, a web server, an order manager the stock database, a merchant system, and the bank computer.

E-commerce imposes then a logistics, an after sale service, and a performing information system. Indeed the constraints related to the amount of available references internal or external have accentuated the importance of the information given to the client given the lack of direct contact with the customer.

Manzoor and Amir defined E-commerce as the buying and selling of goods and services via electronic means such as the internet. The e-commerce is generally efficient due to its availability throughout where the buyers meet the sellers online. Some services rendered to customers via e-commerce service include: automated data collection systems, mobile commerce, supply chain management, electronic data interchange, online transaction processing, electronic funds transfer, internet marketing. This service is more dependent on the Worldwide Web for its transactions apart from the technologies like the social media, mobile devices telephones and e-mails. E-commerce generally called electronic commerce is an aspect of e-business which encompasses the exchange of data to enhance payment and financing transactions related to business activities. (378)

E-commerce may provide support services to sellers in respect of warehousing, logistics, order fulfillment, call centre, payment collection and other services.