Monday, 23 April 2012

E-commerce


What is E-commerce
}  E-commerce (or electronic commerce) is used to describe business that is conducted over the Internet using any of the applications that rely on the Internet, such as e-mail, instant messaging, shopping carts, Web services, FTP, and EDI (electronic data interchange), among others.
}  Electronic commerce can be between two businesses transmitting funds, goods, services and/or data or between a business and a customer.http://en.wikipedia.org/wiki/Electronic_commerce
Includes:
}  Online business to business transactions
}  Online business to consumer transactions
}  Digital delivery of products and services
}  Online merchandising
}  Automated telephone transactions eg phone banking
}  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
}  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







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