E-Commerce
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E-Commerce
• E-commerce is deals with buying and selling of information,products and services over computer communication networks the information is electronically transferred from computer to computer in an automated way.
• It refers to the paperless exchange of business information using Electronic Data Interchange,Electronic Bulletin Boards,Electronic Funds Transfer and other net work-based technologies
• E-commerce (electronic commerce or EC) is the buying and selling of goods and services on the Internet, especially the World Wide Web. In practice, this term and a newer term, e-business, are often used interchangeably. For online retail selling, the term e-retailing is used.
• The uses of communication technologies to transmit business information and transact business. Taking an order over the telephone is a simple form of EC. Commerce conducted via the internet is also called EC, but commercial exchanges on the internet are only one of several advanced forms of EC that use different technologies, integrated applications and business processes to page link enterprises.
• e-Commerce is the term for electronic business transactions, commerce or Internet trade. e-Commerce or e-business, therefore, refers to the business transactions between companies (B2B) or between companies and their customers (B2C) that are wholly or partially conducted over the Internet or similar public or private computer networks
• E-commerce (or electronic commerce) is any business transaction whose price or essential terms were negotiated over an online system such as an Internet, Extranet, Electronic Data Interchange network, or electronic mail system. It does not include transactions negotiated via facsimile machine or switched telephone network, or payments made online for transactions whose terms were negotiated offline
• Refers to the buying and selling of goods and services electronically, usually via the Internet. Wireless e-commerce generally refers to m-commerce.
• Using electronic information technologies on the Internet to allow direct selling and automatic processing of purchases between parties.
• The act of conducting business on-line, e-commerce may include buying and selling products with digital cash and via electronic data interchange.
• e-commerce (electronic commerce) is the process of buying, selling and transferring money through the internet.
• Describes doing business - primarily buying and selling of goods and services - on the web. Also known as electronic commerce or EC. Thanks to its 24x7 availability, global reach, and interaction and information delivery capabilities, the web is rapidly becoming a multi-billion dollar source of revenue for business across the globe.
• This defines electronic business transactions (Electronic Commerce), on the World Wide Web. E-commerce allows customers to shop on your Web site 24/7 with “real time” processing.
• Electronic Commerce - the sale and purchase of goods or services over the Internet.
• Electronic Commerce is the process of buying and selling products or services, or the movement of funds via electronic means such as web browsers, telephones, mobile phones, etc.
• Electronic Commerce has come to mean many different things to many different people. Originally, the term meant selling things online. The term has evolved to mean conducting business online (which can include customer service functions, sales, marketing, PR, advertising, and more).
• Commerce conducted electronically (as on the internet)
Definition of E-commerce from different perspectives
• Communication Perspective:From this perspective EC is the delivery of information,products/services,or payments over telephone lines,computer networks,or any other electronic means.
• Business process perspective:EC is the application of technology towards the automation of business transactions and work flow.
Different Perspective of EC
• Service Perspective: EC is a tool that addresses the desire of firms,consumers,and management to cut service costs while improving the quality of goods and increasing the speed of service delivery.
• Online Perspective: EC provides the capability of buying and selling products and information on the internet and other online services.
CLASSIFICATION OF EC APPLICATION
• Application of EC are divided into 3 categories
 Buying and selling goods & services.These are usually referred to as ELECTRONIC MARKETS
 Facilitating inter and –organization flow of information,communication and collaboration.These are sometimes referred to as INTERORGANIZATIONAL SYSTEMS
 Providing CUSTOMER SERVICE
Electronic Markets
• A market is a network of interactions and relationships where information, products, services, and payments are exchanged.When the marketplace is electronic, the business center is not a physical building but rather a network-based location where business interaction occur.
• Electronic market is the place where shoppers and sellers meet.
INTERORGANIZATIONAL SYSTEM
• An IOS involves information flow among two or more organizations
• It’s major objective is efficient transaction processing, such as transmitting orders,bills,and payments using EDI or extranet All relationships are predetermined ,there is no negotiation just execution.
• In contrast, in electronic markets,seller and buyers negotiate submit bids, agree on an order,and finish the execution on-or offline
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Messages In This Thread
E-Commerce - by computer science crazy - 21-09-2008, 10:54 AM
RE: E-Commerce - by project topics - 21-04-2010, 06:29 AM
RE: E-Commerce - by seminar class - 23-03-2011, 04:29 PM
RE: E-Commerce - by seminar class - 25-03-2011, 04:48 PM
RE: E-Commerce - by suneki - 28-03-2011, 12:55 PM
RE: E-Commerce - by seminar class - 27-04-2011, 04:04 PM
RE: E-Commerce - by charlespharell - 05-07-2011, 06:37 PM
RE: E-Commerce - by seminar details - 10-10-2012, 01:42 PM

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