1. What is E-Commerce? There exists no exact definition of e-commerce. Generally it is draw as every kind of business sector proceeding where in tenoration is interchange electronically. To some people it pith shop at a website and buying products online, to other people it means just conniving a web page in a mode to increase the customers interest. It does not necessarily tell apart a demonstrate of lodgeing and paying online. Electronic trading, in which a supplier provides goods or services to a customer in return for requital is just one special incident of electronic commerce. Other equally valid examples include versed transactions within a single company or provision of instruction to an external organisation without any charge. E-commerce is relate with attracting new customers and therefore it involves advertising, public relations and solicitation information for and about customers. Its not enough to fascinate an online order for a product, its to a fault necessary to have this product and to let it to the customer. So e-commerce includes, besides of interacting with customers electronically, all the things a normal business would also need. Categories of E-Commerce There are 3 categories of e-commerce: - Â Â Â Â Â Â Â Â business-to-business (B2B) - Â Â Â Â Â Â Â Â business-to-consumer (B2C) - Â Â Â Â Â Â Â Â business-to-administration - Â Â Â Â Â Â Â Â consumer-to-administration An example in the business-to-business common people would be a company that uses an electronic way for guild from its suppliers, receiving invoices and making payments. The business-to-consumer category means selling things to consumers via Internet. It is the close to known form of e-commerce. The business-to-administration category covers all transactions between companies and authorities organisations. The alike(p) category exists for consumers and administration, though it is rather seldom. As the B2C category i s the most favorite one, we will talk about! it. Advantages of E-Commerce The following magnetic inclination describes of what may be the main advantages of e-commerce: - Â Â Â Â Â Â Â Â lower transaction costs... If you trust to get a full essay, order it on our website: OrderEssay.net
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