E-commerce Essay

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 transactions conducted via electronic means such as the internet, email and SMS. It is considered to be one of the most important aspects of the internet to appear. As a result, people are able to exchange goods and services immediately regardless of their geographic location and time. More and more businesses conduct transactions on line, with some trading purely on-line thus reducing overheads and administrative costs.

It is true that e-commerce easier and less effort than traditional business, this does not mean that the e-Commerce affects the traditional business from product compatibility. Nowadays People rely on the electronic images to buy products. Often, when they receive the products, it may not match the product which bought same electronic images. And people feel dissatisfied with such websites. Finally, it may not suit for buyers the needs of products from websites. Lack of "touch and feel" to keep people from shopping online.

Consumers have started believing in e-commerce because they can shop things without having to compromise on their comfort zone. They can order their favorite candy or their favorite shirt online, without going outside in the comfort of their bedroom. This can be very useful when it comes to comparing things and various brands. E-commerce has been a total revelation for both the businesses and consumers. It is because of this e-commerce that many companies have started their business, and they can offer their services. The

Electronic commerce or e-commerce involves the production, advertising, sale and distribution of products via telecommunication networks. It includes intranets and extranets. Shopping via the internet for computer hardware, software, books, music cassettes and clothes is becoming commonplace among Internet users.

As a sales manager of a luxury auto dealer I would utilize is social media, loyalty programs and questionnaire and surveys. Social media frequently results in a stronger relationship between the vendor and the customer. There is a probability of turning the customer into my main representative. They can be used as a great advertising tool to endorse my brand through positive reviews and word-of-mouth strategies. As a matter of fact, since social media is part of our everyday lives, whether it is being used to interact with friends and family. It can also be utilized to keep existing customers. In addition, using social media and digital marketing is one way to communicate with potential customer’s. It can be used to communicate directly

E-commerce is short form of Electronic Commerce which actually means the virtual business or buying and selling of products or services over electronic systems such as the internet and or mobile networks. The invention of faster internet connectivity and powerful online tools has resulted in this new method of trading or commerce arena – Ecommerce. Ecommerce offered many advantages to companies and customers but it also caused many problems. It is a fact that even today many people are skeptical about using online transaction for the fear of either goofing up or being duped!

E-commerce is short for electronic commerce where the participants (companies) trade their products and services using computer networks. The buyers and sellers can use platforms like mobile commerce, electronic funds transfer, supply chain management, online transaction processing, data collection, internet marketing, electronic data interchange and inventory management systems. Currently, most of these transactions have taken advantage of the World Wide Web, which is largely accessed through emails and other platforms. E-commerce entails online shopping web sites, active participation in online market places, business to business trading activities, data collection through web contacts and other social media, electronic data interchange between businesses and retails for launching newly innovated and created products and services.

Primus Securities is an online trading company. The purpose of this paper is to review the decisions that must be made to launch and maintain an online trading company.

Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction 's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones as well. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating within an organization and one of the most effective and useful ways of conducting business.

Electronic Commerce is the process of exchanging products and services or information with the help of computer networks, which includes the Internet (Turban, King, McKay, Marshall, & Viehland, 2008). We can classify e-commerce by their relationship among different participants in the following types (Turban, King, McKay, Marshall, & Viehland, 2008).

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 is acronym for Electronic commerce , transaction that are involves any type of business activities are known as E-commerce. we must ensure that all these transactions are safe and secure by making them done through proper rules and regulated gateways protected by firewalls, because all these are crucial transactions and involves in highly confidential data such as credit card information of customers. the policies taken up the company, will protect them not only from the intruders, hackers but also from unauthorized access by the competing companies to know the inventory base levels,

Organizations today face a lot of competition in the market and they try every day to find new ways to stay ahead in the race. To achieve what these organizations desire, they require data and some efficient analytical applications to analyse this data. Analysing the data and making certain decisions towards the growth of the organization, to remain ahead of the growing competition, forms the crux of competing on analytics.

Electronic commerce (or e-commerce) consists of the repurchasing of different services and products, utilized by the internet. This includes business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer(C2C) transactions. These transferable activities include, but are not limited to, online retail sales, online bill paying, supplier purchases, and Web-based auctions. Electronic commerce implements and utilizes several different types of technologies including transactions of funds, electronic data interchange, credit cards, and e-mail (Reference for Business, Encyclopedia of Management, 2008). The term e-commerce is often used interchangeably with Electronic business (e-business). E-business refers to the use of digital technology and the Internet to execute the major business processes in the enterprise. E-business includes activities for the internal management of the firm and for coordination with suppliers and other business partners (Laudon, K., 12th ed., p. 55). E-commerce facilitates the growth of online business. It is categorized as follows; Online marketing, online advertising, online sales, product delivery, product deliver,