E-Commerce
1) E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet, especially the World Wide Web. In practice, this term and a newer term, e-business, are often used interchangably. For online retail selling, the term e-tailing is sometimes used.
E-commerce can be divided into:
• E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall"
• The gathering and use of demographic data through Web contacts
• Electronic Data Interchange (EDI), the business-to-business exchange of data
• e-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters)
• Business-to-business buying and selling
• The security of business transactions
2) E-Commerce is about setting your business on the Internet, allowing visitors to access your website, and go through a virtual catalog of your products / services online. When a visitor wants to buy something he/she likes, they merely, "add" it to their virtual shopping basket. Items in the virtual shopping basket can be added or deleted, and when you're all set to checkout...you head to the virtual checkout counter, which has your complete total, and will ask you for your name, address etc. and method of payment (usually via credit card). Once you have entered all this information (which by the way is being transmitted securely) you can then just wait for delivery. Its that simple.
3) Simply put, e-commerce is the online transaction of business, featuring linked computer systems of the vendor, host, and buyer. Electronic transactions involve the transfer of ownership or rights to use a good or service.
e-busi•ness
1) (e' biz' nis) …the transformation of key business processes through the use of Internet technologies
2) E-business (electronic...
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