Consumers¡¯ Perception Towards Internet Purchase in the Uk

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.

The ‘digital economy’ can be defined as the global network of economic and social activities that are enabled by digital technologies, services and content. Internet commerce, or e-commerce, is one of many aspects of the digital economy. The internet allows consumers to purchase goods and services in a borderless marketplace, whether based locally, interstate or overseas.

Companies such as eBay and Amazon exploited the internet to support their business model of business-to-consumer (B2C) retail purchasing. E-commerce has proved to be a disruptive technology to traditional retail markets, such as Walmart. It also provided advantages to consumers with lower pricing, sales tax avoidance and convenience purchasing. Convenience purchasing is the ability to conduct business transactions using mobile technology from anywhere. E-commerce has become so effective that traditional bricks and mortar institutions, such as Walmart, have developed e-commerce capabilities to stay competitive. Walmart has adopted a bricks and clicks business model to help combat threats from Amazon and others. Bricks and clicks are defined as able to support online transactions while offering the convenience of

     In modern times the internet is more of a necessity than a tool as it used to be considered. Companies from around the world use it to conduct their everyday tasks. Whereas before you would have to either show up in person or make a phone call, you can now just pull out your laptop or phone and deal with businesses all from the comfort of your own bed. One of the main benefits of this is that buyers and sellers no longer have to go through multiple different outlets to reach the end point of a transaction. Instead, they can cut out the "middleman" and become more streamlined and efficient reducing time and money spent (Technology, 2017). Not only does the internet benefit people to business interactions, it also benefits business to business interactions. It allows business to search for and procure work or services that may not have originally been as easily acquired. This business to business interaction is more valuable than the interaction of business to people (Technology, 2017). With all

Electronic commerce, commonly known as e-commerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. (Seybold, 2001)

The internet has become a platform and hub for communication. This allows buyers and sellers to interact anytime, anywhere, which promotes trade. As a result, the introduction of the internet into the general public has allowed to the creation of many jobs. Some sectors include: communication mediums, telecommunications, marketing, advertisement, and collaboration.

Since the early 1990s to now, the Internet has caused a storm in the business community. When the society realize the Internet’s potentiality, maybe, the internet can be praised as the one of the most

Cisco conducted a study, which predicted that traffic on the world’s networks would increase annually 46 percent from 2007 to 2012, nearly doubling every two years. These results don’t come as a surprise considering that with a small investment almost anybody can have access to the World Wide Web.

Electronic commerce as defined by Salvatore (2013) “refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the Internet” (p. 150). Consequently, e-commerce is now essential for businesses to be able to compete in the global marketplace. “E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient” (Smith, K.T., 2011, p.3). this paper will outline those perspectives in regards to the origin of E-commerce, Business to Business E-commerce, Business to consumer E-commerce, Consumer to Consumer E-commerce, and legal environment of E-commerce.

Nowadays, the Internet is a very important engine for Global Economy. In 2007 the number of Internet users attempted more than 1.250 billion (La Documentation Française 2007). And nowadays the Internet not only allowed to communicate, it also allowed to advertized a product, to market this product and ultimately to sell it/buy it. So the Internet become a new market and creates a new way to consume: the “Electronic commerce, commonly known as e-commerce consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks” (Webster’s online Dictionary 2010).

Business-to-Consumer (B2C): This is an e-commerce model where the business organizations sell products and services to individual shoppers. For example, Amazon.com. E tailing is the other

B2B refers to business to business, that is business make online transactions with other businesses, such as when business purchase parts, fuel, or services online (Siyal, Chowdhry, Rajput, 2006, 317-329)

In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business-to-consumers (Saxena, 2013). With the passage of time, it has become an important trait in the era of the internet. As a result of a research which had been conducted by the University of California, Los Angeles, and Centre for communication Policy (2001), it has been found that internet shopping is the 3rd most favoured task on the internet,

E-Commerce have been defined and categorized in many different ways. A common classification of EC is by the nature of the transactions and the relationships among participants which puts NFD Food Services in the B2B category.

Electronic commerce (e-commerce) has been defined in different ways by different researchers. Schneider and Perry (2000), characterize e-trade as business actions directed using electronic information transmission by means of the web and World Wide Web. As per Turban, King, Lee, Warkentin and Chung (2002), Electronic business is a procedure of purchasing and offering items, administrations and data utilizing PC systems and the web. Gibbs, Kraemer & Dedrick (2003) characterize e-commerce as the utilization of the web to purchase, offer, or bolster items and administrations. In this study, e-trade involves the utilization of the web for purchasing and offering items or administrations.