E-Commerce – the Future of Commerce

article Smich Melissa

The word e-commerce represents the area of ??electronic commerce. It is also known as electronic commerce, and it comes to buying and selling products and services to the electronic system, such as the Internet. The simplest, e-commerce and trade will work electronically.

widespread use of the Internet, the volume of trade conducted electronically has grown at significant levels. E-commerce is usually part of a commercial e-business. It also includes the exchange of information, which helps to facilitate the payment and funding methods for transactions.

segments of e-commerce

E-commerce is not confined to small groups. It may be several groups, so it is not one or two e-commerce, but many of them, such as the Business to Business (B2B), business to consumer (B2C), peer-to-peer (P2P), Consumer consumer (C2C) and m -Commerce.

1 Business to Business (B2B): This is one of the largest forms of e-commerce company billions of dollars. As the name suggests, B2B buyers and sellers are in the business units. It does not include an individual consumer. Between companies, the manufacturer delivers goods to the wholesaler or retailer. So, let’s say, a leading computer giant sells computers and accessories for the Internet, but it does not manufacture all the products. Thus, these products are to sell, buy them the first time, several other companies, such as manufacturers.

2 Business to Consumer (B2C): It is a sort of e-commerce solutions, enabling businesses and consumers. It is one of the most common e-commerce segments. As you can specify the name of this network to sell products or services to individual consumers. In this segment, marketers and online retailers can sell products or services online consumers with transparent information for consumers through various online marketing techniques. This segment of e-commerce has grown exponentially since the mid 90′s.

3 Peer-to-Peer (P2P): It is more than one segment of electronic commerce, is a technology in its own way. Peer to peer, people can directly share computer resources and files sans the central server. The only requirement is both parties need to communicate the necessary software installed on the same fence. As the possibility of free access to, cyber laws have been struggling.

4 Consumer-to-Consumer (C2C): This, the online transaction of goods and services takes place between two people. Although it is not visible agent, the parties are unable to perform the transaction is no basis for any online marketer.

5 M-commerce: In this segment, the wireless devices to carry out transactions. Mobile unit-holders together and carry out transactions.

In addition to these there are also many other segments of e-commerce, such as state-to-Business (G 2b), the Government Citizen (G2C) and Business-to-Employee (B2e). However, almost all of these are very similar to the above segment.

Benefits of E-commerce

E-commerce offers huge benefits for business entities and consumers. Some of them are the following:

Ability business 24×7, 365 days a year to do: e-commerce systems 24 hours a day, 7 days a week, 365 days a year. People can log on the Internet at any time and to buy and sell anything just a mouse click. That’s why it offers tremendous exposure for each company

Touch the world. The Internet is used worldwide, so it is possible to do business with a person or company who has an Internet connection. E-commerce, including small local companies to market and sell their products at the international level

opportunity to reduce costs. The Internet has stores products and services easier and cheaper. Through online research, people can identify the original manufacturers of the goods and could bypass wholesalers and get the goods at much lower prices. To the extent that companies are worried about, e-commerce communities to reduce the costs associated with processing, marketing, communication, customer service, inventory management and others.

limitations of E-Commerce

E-commerce also has its own natural and technological limitations. Given these limitations, many still the credibility of e-commerce, and therefore believe themselves to refrain from using this system, which has revolutionized the way business is made. These include insecurity, the delay of goods difficult and arduous process of recovery and so on.

Since the benefits of electronic commerce, it is possible to score against the restrictions. Because technology is an iterative process, there is no doubt that e-commerce development for the foreseeable future, and offers more benefits than it currently offers both businesses and consumers.

About the author

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This entry was written by , posted on Monday November 08 2010at 07:11 pm , filed under E-Commerce and tagged , , . Bookmark the permalink . Post a comment below or leave a trackback: Trackback URL.

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