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Scottish Culture

Submitted by banky504 on May 9, 2005

Category: Miscellaneous
Words: 394 | Pages: 2
Views: 222
Popularity Rank: 51,011
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Information Systems 101
October 18, 2003
E-Retailing
Retail is one of the more visible market sectors on the Web. In retail, merchants sell products and services directly to a buyer. E-retail, also called e-tail, occurs when retailers use the Web to sell their products and services (Sanchez 16). E-retailers constantly challenge the old ways of conducting business as they bring new products and services to the market. All e-retailers, however, operate in a similar manner.
A customer (consumer) visits an online business at the web equivalent of a showroom: the electronic storefront. An electronic storefront, also called an online catalog, is the Web it where an e-retailer displays its products. It contains descriptions, graphics, and sometimes product reviews. After browsing through the merchandise, the customer makes a selection. This activates a second area of the store known as the shopping cart. The shopping cart is a component on the Web that allows the customer to collect purchases. Items in the cart can be added, deleted, or even saved for a future visit.
When ready to complete the sale, the customer proceeds to the checkout. At this time, the customer enters personal and financial data through a secure Internet connection. The transaction and financial data automatically are verified at a banking Web site. If the bank approves the transaction, the customer receives an online confirmation notice of the purchase.
Then, the e-retailer processes the order and sends it to the fulfillment center where it is packaged and shipped. The e-retailer notifies the bank of the shipment, and payment is sent via electronic channels to the e-retailer. Inventory systems are updated. Shipping information is posted on the Web, so the customer can track the order. The customer typically receives the order a few days after the purchase (Microsoft Word 2002 Project 2).
E-retailing presents a new way to shop. The store is open 24...

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