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Showing posts from May 10, 2015

What is E-Commerce

What do you mean by e-commerce? ‘Electronic Commerce is sharing business information, maintaining business relationships and conducting business transactions by means of telecommunications networks’. There are several ways of looking at e-commerce: 1. From a communication perspective: It is the ability to deliver products, services, information or payments via networks like the internet 2. From an interface view: E-commerce means information and transaction exchange: business to business (B2B), business to consumer (B2C), consumer to consumer (C2C) and business to government (B2G). 3. From online perspective: Ecommerce is an electronic environment that allows sellers to buy and sell products, services and information on the internet. The products may be physical like cars or services like news or consulting. 4. As a structure: e-commerce deals with various media: text, data, web pages, Internet telephony and internet desktop video. 5. As a market: e-commerce is a worldwide netw