E-Commerce
“E-Commerce”
“Leadership in telecommunication is
also essential, since we are in the age of e-commerce”
E-Commerce is growing throughout the world and is being used
in various between organizations for many purposes. This growth is not uniform
across countries and the major share is going to developed nations. However, we
cannot ignore the high potential of using e-commerce as a tool for marketing,
increasing sales and having a one-to-one relationship with the customer.
For better
understanding of E-Commerce, think about it, do you want to buy a CD for your
child? Or to send a greeting card and chocolates? Or purchase a car? Or to buy
an airline ticket or reserve a hotel room, or to do business with your
suppliers? Then go online. It’s that simple? It’s all about doing business
online-the E-commerce way.
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E-commerce is about setting your business on the Internet,
allowing visitors to access your websites 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 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.
History
Electronic commerce application started in early 1970. During the late 1970’s and
early 1980’s, it was extensively used in large super markets chain. EDI
(electronic data interchange) provides a standardized system for coding trade
transaction so that can be communicated directly from one computer system to
another without the need of printed-orders and invoices. In the early 1990’s
the electronic commerce application expanded the business rapidly. It enabled
small business firms to compete on a more equal technological footing without
multi-national companies.
“Electronic
commerce (e-commerce) is a new field of conducting electronically, using
networks and in the internet. It has been defined as the process of buying and
selling or exchange of products, services and information via computer networks
including the Internet”
Represented
By
By
Seerat Francis
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