Major Trends in E-Commerce Business Retail consumer E-Commerce continues to grow up at double-digit rates. The online demographics of shoppers continue to broaden. Online websites continue to reinforce profitability by refining their business models and leveraging the capabilities of the Internet. The first wave of E-Commerce transformed the business world of books, music, and air… Read More »
The new E-Commerce Intermediaries Though the aim of E-commerce is to provide direct service to the consumers, it has to depend on some intermediaries for fulfillment of transactions. Intermediaries are those electronic agents who stand between the sellers and the buyers while doing transactions. They are also called as “Electronic Brokers“. The Electronic Brokers are… Read More »
Client Server Architecture in E-Commerce India has an internet users base of about 475 million as of July 2018, about 40% of the population. Despite being the second-largest userbase in world, only behind China (650 million, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%),… Read More »
Normal Technologies in E-Commerce 1. Electronic Data Interchange Electronic data interchange (EDI) is the concept of businesses electronically communicating information that was traditionally communicated on paper, such as purchase orders and invoices. Technical standards for EDI exist to facilitate parties transacting such instruments without having to make special arrangements. EDI has existed at least since… Read More »
Introduction to E-Commerce Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. An E-commerce website also allows customers to post their comments regarding products and services. Thus, the owner of the… Read More »