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Published byFrank Beasley Modified over 9 years ago
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E-Commerce (electronic commerce) is the buying and selling of goods and services on the Internet.
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Payment with Credit Card.
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Business-to-consumer e-commerce (B2C) – Connects individual consumers with sellers, cutting out the middleman – E.g. Amazon.com Business-to-business e-commerce (B2B) – Supports business transactions on across private networks, the Internet, and the Web Consumer-to-consumer e-commerce (C2C) – Connects individual sellers with people shopping for used items – E.g. ebay.com
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E-Commerce has many uses in the company and in small business.
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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.
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It is the sending of documents using the internet in soft copies to make the delivery faster and efficient.
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International payment systems, including cash, checks and other drafts, electronic transfers, and credit cards can be used through the internet.
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Group buying, also known as collective buying obtains products and services at significantly reduced prices on the condition that a minimum number of buyers agree to make the purchase.
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An automated online assistant is a program that uses artificial intelligence to provide customer service or other assistance on a website.
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When a business buys from another business it is called business-to- business (B2B)online shopping.
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Online banking is a computerized service that allows a bank's customers to get online with the bank to view the status of their account, transfer funds and transaction history.
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A conference between persons remote from one another but linked by an internet,where they conduct business.
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A booking, especially for air travel, is made on the internet. No paper ticket is issued to the customer.
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Overcome Geographical Limitation Gain New Customers with Search Engine visibility Lower Costs Locate the Product Quicker Eliminate travel time and cost Provide comparison shopping Enable Deals, Bargains and Group Buying Remain Open All the Time
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