What is “E-Commerce”?
Ecommerce is the term used to describe the selling of goods and services over the Internet. In the most general sense, simply creating a Web site that advertises and promotes your products can be considered “ecommerce”. In recent years, however, ecommerce has become much more sophisticated. Ecommerce businesses now offer elaborate online stores where customers can browse thousands of products, place an order, select the desired shipping method and pay for their purchases using their credit cards.
E-commerce is the buzzword for the new millennium, and for very good reason. The Internet is changing the way business is done with literally billions of dollars being made over the Internet. E-commerce simply means Electronic Commerce. E-commerce gives you the ability to accept payment over the Internet, by either credit card or electronic checks. Through E-commerce, you can sell products or services instantly to anyone in the world without having to constantly monitor your website.
E-commerce is business in the online environment. Here all transactions, deals take place over the internet..
- E-commerce websites have to exert an image of vibrancy, competitiveness and efficiency. For that a powerful website builder software has to be selected.
- The pages have to be search optimized if you want your site to be visible in search engines at a higher position.
- Integration of the website with PayPal would help accept real-time credit card processing instantly.
- The templates of the site should be designed professionally and there should be space to accommodate catalogues prepared in Excel.
- The site has to be integrated with other websites using HTML editor, which involves allotting codes to web pages.
There are 2 levels of meanings for e-commerce, one in confined sense and the other in broader sense. – E-commerce in a confined sense: Generally speaking, e-commerce in a confined sense means that the business trading is based on the processing and transmission of data through an open network (mainly the Internet). This includes the business-to-business (B to B), business-to-consumers (B to C) and business-to-government (B to G) trading activities – E-commerce in a broader sense: E-commerce in a broader sense involves a wider scope. It does not only include the transactions between enterprises, consumers and government. It is a new style of doing business, which involves Internet, Intranet and Extranet. All of these can help to bring customers, vendors, suppliers and employees together in order to provide useful information to someone in need. However, there is still no clear definition for e-commerce at the moment.
