What is E-Commerce? What Are The Benefits?

[hoangvu]

E-Commerce: people on the Internet and certain systems or virtual goods in exchange for money on the purchase of a real process. In short, if e-commerce trade, we can say It is the electronic version.

This definition is the one accepted by the world as a more formal institutions are as follows:
OECD (Organisation for Economic Co-operation and Development) Quantified written text, audio and video processing and transmission of all relevant individuals and institutions based on business processes.

OECD, the e-commerce process described in the following way:

- Information and conducting research companies before doing business electronically,
- Companies electronic environment,
- The fulfillment of the payment process,
- Realization of this pledge, goods or services to the customer delivery, after-sales maintenance, support, and so on. the provision of services.

What can be sold through e-commerce?

Honestly, everything is related to internet like products, ebooks, toys, logo, tours, even visitors online D:...are sold.

E-Commerce can do what you need to

E-Commerce is the electronic version of the trade as well as trade by going to need some tools. If these tools;

Of course, first of all you need is a computer with an internet connection available. All in all e-commerce business.
Need an electronic system will perform in e-commerce.
E-commerce can pay electronic money transfer systems is required. It also accounts in the bank is a must.
And, most importantly, a good marketing strategy!
Types of E-Commerce

E-Commerce business is divided into four terms of the parties.

- Between companies (B2B-Business To Business) E-Commerce
- Inter-Company-Consumer Electronic Commerce
- Inter-Company-Public Administration Electronic Commerce
- Between Consumer-Public Administration Electronic Commerce
- First and fourth embodiments are mentioned species than other species because of the volume of trade is highly developed.

Who is affected by e-commerce?

From the seller to the buyer of the product, the products reach the hands of so many people, other people, such as e-commerce or profit gain in bringing buyer and seller.

Manufacturer: Sold engaged in the production of the product, the company provides an indirect e-commerce revenue.
Banks: EFT / MONEY TRANSFER transactions, such as money transfer commission provide income for their institutions.
Insurance Companies: Sent by insuring the product range of e-commerce in the insurance companies are making money from another institution.
Transportation / Shipping: shipping companies that play a role in achieving the recipient of the product revenue comes from e-commerce.
Software firms: firms that produce software for e-commerce sector to eating bread.
State: State revenue from trade taxes is to have coverage.

E-Commerce - Commerce comparison

The biggest difference between the speed of e-Trade-classical trade. Transactions electronically in seconds, in real life. Explanation of example, a business machine, the company will get to shop in the internet and the classical method of trading. Classic trade; Company to ask for x from the catalog. Catalog price determined by the company to ask for the product. Then, the first company to other companies requesting catalogs and compare prices. Through the form of a company, then you will set. Order to control the stock of the company, to send information through the form on the shipment. Form part of the invoice and waybill, then sending it to apply to.

The company chose the product with the help of e-commerce Web sites of other companies websites and compare prices to decide the product to be purchased. Chosen by the company and then you will see the stock of the supplier and in the order specified on the electronic system to respond to. Then, during the exchange of electronic payments seconds with the help of e-mail and the customer will be given for transportation behind.

The benefits of e-commerce

- This company can offer customers information on the internet 24/7 consists of a branch.
- The data is transmitted electronically in seconds, saving time occurs.
- Facility for the provision of more product choices to the customer is born.
- Telephone, fax charges by savings, financial burden can be reduced.
- You can do on the internet shopping environment for the customer is more than one product at a lower price due to the competition can.
- Inventory, supplier cost information is in electronic form if you do not stock the product and how much inventory is sold and knows how many of these products.
- The supplier over the internet without the need for a large office allows you to create a virtual shopping center.
Volatility, such as the Internet is a global environment, there will not be easily damaged due to inflation does not occur.
- If we categorize as buyers and sellers of these benefits, the customer benefits by
- Provides a quick way to shop without leaving home.
- Eliminating transportation costs will consist of the product price survey.
- Find a variety of items to choose more than seeing.
- Meet the needs of the product is easy to find.
- Thanks for the comments made by those who use the product the product will have clear information about the product.

Benefits by the seller

- Creates a new channel to sell their products.
- Will have a platform to offer detailed information about products.
- In stock items according to your demand bulundurmayarak make sales.
- Telephone, fax communication ways, such as forming material wasting kurtulayarak, communication is through the land in terms of money spent.
- Every moment is high possibility of finding new customers.
- Advertising can have more customers by reducing costs.

Good luck!^^! :victory:

 

[allenhill]

E-commerce is a exciting and interesting part of the internet – it enables us as consumers to view, compare and purchase products online and then have them shipped to us. It enables business to market and sell online to improve their services to clients and improve profitability.

Quick, easy and convenient: E-commerce has enabled the consumer to complete transactions from the comfort of their own home, transactions that would usually happen within the walls of a store. Transactions now take only minutes, rather than the hours included in physically getting to the stores.

 

[yfsindia]

Today eCommerce is booming and the given information is awesome for manufacture, vendors, customers and services provider. This is time for ECommerce.

 

[Loo]

Most of marketing basics work both in eCommerce and Commerce. eCommerce is just like any other commerce and the same principles culd be applied. You need:

• a market
• a valuable product/service and
• to sell to that market.

Principles are the same but methods a bit differ. What`s the difference?
There are much more ways to cheat and to use tricks in internet - from the both sides - that`s the differernce.
So people just still trust more to offline buisiness. This is a matter of psychological inertion. And time. And the most interesting thing is we live in times when this psychological blocks are quickly breaking all over the world.
This is a revolution time, pals. Time for cheap entrance globalized internet buisiness.

 

[Lauren]

E-Commerce (Electronic Commerce) is an online store where we can online purchase and sale the products and services by using electronics cards The numerous benefits of E-Commerce have extended Geo-graphical access, client base, enhance sales, saved time, and full time services.

 

[wendelkerick]

wendelkerick

Also there are many stores such as ebay, amazon etc. They are best examples of such e-commerce websites.

 

[nathancs]

Great thread! thanks for explanation about e-commerce websites.

 

[nicolasprince]

eCommerce is the latest trend appreciated by the shopping lover around the globe. They shop all they want most conveniently just sitting in front of their laptops, computers and other Internet operating devices.

 

[dfinney8]

E-Commerce is a huge trend happening now. Last year E-commerce sales topped out at 1.29 trillion dollars. China Giant Alibaba will be doing an IPO in the coming months and they are forecast to have an IPO that will make Facebook look like a kiddy playland. Aliababa is larger than eBay and Amazon combined.
Key thing in business for someone to be able to make money from this trend they need to be in a company that is positioned to profit from the e-commerce and m-commerce industry.

I am part of a company that is exactly that. Our product is totally free and saves people time and money when they use it to shop online. Guaranteed to find the lowest prices online every time the best part I get paid when the customer uses the free product that saves them both time and money.
Another thing about e-commerce is it is growing at rate of 20% a year.. Wow

 

[BobbyHughes]

E-commerce is commercial transactions conducted electronically on the Internet. Advantages are:
Improves the brand image of the company.
Helps organization to provide better customer services.
Reduces paperwork a lot.
E-Commerce helps reducing the cost of products.
E-Commerce application provides user more options and quicker delivery of products.

 

[abhi_garg]

This is awesome information. I'm planning to start eCommerce Business.. This information very useful for me.

Once again thank you so much all friends!

 

[timbarnard]

E-commerce hosting is needed when some one wants to sell his products online. Its like having a Online Store where customer can check the products and purchase it.

Now a days most of the hosts support Shopping carts like Zen Cart and OS Commerce. In addition to that there are various other E-commerce applications like Cube Cart, E-shop, Virtue Mart, Magento, Presta Shop which can also be used . But you need to be very careful while choosing a host for E-commerce business, because if his servers are not secured and if his servers go down for any reason, you will have to suffer heavy economical losses.

There are many important aspects which you should look for while looking for a E-commerce host.

1)Secured and Managed servers.
2)High Uptime and Good Connectivity.
3)Auto-installers like Fantastico or Softaculous via which you can install various E-commerce applications within a few clicks.
4)Wide Range of SSL certificates to choose from.

If the hosting provider has all these qualities, than you can definitely say that the hosting provider is good and reliable to go with.

 

[electroware]

Now a days E-commerce is a very popular to grape more business around the world. It is very healthy process for your firm. as well as you can find out your competitor.