E-commerce, commonly known as Electronic commerce, refers to the buying and selling of products or services over the Internet and other computer networks. However, the term may does not mean just buying and selling products online. It also includes the entire online process of planning, developing, promoting, marketing, selling, delivering, servicing and paying for end products and services. The use of ecommerce is helpful in electronic funds transfer format, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
Ecommerce web helps the companies and individuals to conduct their business through their website or other available resources on the internet. This is the more convenient way to provide your product selling opportunity available to the global market which allows the customer to choose, buy and pay online through your website 24 hours a day, 365 days a year. E-Commerce has change make possible to have the whole world into our reach and has generates new business from the territory which was never explored previously.
Mostly Electronic commerce that takes place between businesses is referred to as business-to-business or B2B. E.g. of B2B can be commodity exchange sites, trade listing sites etc.
Electronic commerce that takes place between businesses and consumers, on the other hand, is referred to as business-to-consumer or B2C. E.g. Amazon.com, online shopping is a form of electronic commerce where the buyer is directly online to the seller's computer usually via the internet. There is no intermediary service involved. The sale or purchase transaction is completed electronically and interactively in real-time. However in some cases, an intermediary may be present in a sale or purchase transaction such as the transactions on eBay.com
Electronic commerce is generally considered to be the sales aspect of e-business.
http://www.drsgoodman.com / (Books Section)
http://www.ihatelawschool.com / (Join Now)
EBS Payment Sites:
www.diametrics.in (Online Exam Solutions)
www.Shubhmilan.in (Matrimonial Services)