Critical Evaluation of Relevant Issues in E - Commerce
Critical Evaluation of Relevant Issues in E – Commerce
E-commerce is short form of Electronic Commerce which actually means the virtual business or buying and selling of products or services over electronic systems such as the internet and or mobile networks. The invention of faster internet connectivity and powerful online tools has resulted in this new method of trading or commerce arena – Ecommerce. Ecommerce offered many advantages to companies and customers but it also caused many problems. It is a fact that even today many people are skeptical about using online transaction for the fear of either goofing up or being duped!
Nowadays E-Commerce is the buzz word on everyone’s lips be it the buyers or the sellers. Even education is turning towards reaching out more students electronically and students are willing to pay for such education! Although it is omnipresent but we never realize its importance primarily because it is known by different names. People do site promotion, SEO, affiliate marketing, and many other things but the goal is same i.e. to get clients and sell the products or services of the company. 'E ' is just a medium to transact online.
E-commerce business is done virtually online through either a website or email or some other form of electronic means such as phone. But even though most part of the transactions are done online, e-commerce in the end does involve some sort of physical transportation if and when a product is involved; which has to be delivered manually. When you purchase an item or items from a large online retailer, you place your order online and the items are shipped directly to you through some means of freight transportation such as courier or post or the delivery system of the company itself if they have it.
Business to business or what is called in modern jargon as B2B is a large part of e-commerce since a big part of transactions conducted online is for virtual items such as software programs or virtual security
E-commerce is short form of Electronic Commerce which actually means the virtual business or buying and selling of products or services over electronic systems such as the internet and or mobile networks. The invention of faster internet connectivity and powerful online tools has resulted in this new method of trading or commerce arena – Ecommerce. Ecommerce offered many advantages to companies and customers but it also caused many problems. It is a fact that even today many people are skeptical about using online transaction for the fear of either goofing up or being duped!
Nowadays E-Commerce is the buzz word on everyone’s lips be it the buyers or the sellers. Even education is turning towards reaching out more students electronically and students are willing to pay for such education! Although it is omnipresent but we never realize its importance primarily because it is known by different names. People do site promotion, SEO, affiliate marketing, and many other things but the goal is same i.e. to get clients and sell the products or services of the company. 'E ' is just a medium to transact online.
E-commerce business is done virtually online through either a website or email or some other form of electronic means such as phone. But even though most part of the transactions are done online, e-commerce in the end does involve some sort of physical transportation if and when a product is involved; which has to be delivered manually. When you purchase an item or items from a large online retailer, you place your order online and the items are shipped directly to you through some means of freight transportation such as courier or post or the delivery system of the company itself if they have it.
Business to business or what is called in modern jargon as B2B is a large part of e-commerce since a big part of transactions conducted online is for virtual items such as software programs or virtual security