Article Sphere Logo
 

All Such Business Transactions Carried Out Through Internet Is Called Ecommerce

By Expert Author: Smita Mathur | Article Abstract
Word Count: 298 words | Views: 82 view(s)
Ecommerce is the way of conducting of business communication and transactions through computer networks. Ecommerce is the buying and selling of goods and services, and the transfer of funds through digital communications.

Ecommerce is precisely correspondent to a market place in the Internet. Ecommerce mainly comprises of the buying, selling, distributing, servicing and marketing of products on the Internet and other computer networks. It involves online marketing, e-marketing, online transaction processing, electronic data interchange (EDI), electronic funds transfer, and supply chain management, automated inventory management systems, and automated data collection systems. Presently, it is one of the most important features of the Internet. Ecommerce is exchange of goods and services electronically with no barriers of time or distance. Over the last five years, Ecommerce has expanded very quickly and is expected to proceed further at this speed or faster.

The boundaries between the "electronic" and "conventional" commerce is gradually disappearing as more and more businesses shifting sections of their operations onto the Internet.

Ecommerce or Electronic commerce between businesses is referred by Business to Business (B2B) either than between a business and a consumer. Rather than customers or suppliers, B2B businesses mostly deal with hundreds or even thousands of other businesses. Vast competitive advantages over traditional methods are provided by carrying out these electronically transactions. Ecommerce is often cheaper, faster and more convenient than the traditional methods of trading services and goods, when properly implemented.

In Electronic Data Interchange or EDI form, electronic transactions have been around for quite some time. Each customer and supplier is required by the Electronic Data Interchange to set up a dedicated data link. To set up multiple and ad-hoc links for companies e-commerce provides a cost-effective method. Development of electronic marketplaces led by Ecommerce brings together the potential customers and suppliers to conduct mutually beneficial trade.
Smita Mathur

About the Author/Author Bio

Smita, is the author of Ecommerce. She was inducted into this profession just two years back.

Article Source: http://www.articlesphere.com/Article/All-Such-Business-Transactions-Carried-Out-Through-Internet-Is-Called-Ecommerce/77544

Article Submitted: 2007-03-12 | This Article has been viewed 82 times.

Rate Article

Related Videos

Small Business Solutions - Panasonic's Services and Solutions
Product Review - Toshiba Lo Jack
Product Review- Femtocell Technology
Gadget Potpourri from CES Preview in New York
Toshiba Launches its First DMFC Charger
 

More "Ecommerce" Related Articles

 
 

Listed below are more articles related to the above article from the "Ecommerce" article category.

People interested in the above article "All Such Business Transactions Carried Out Through Internet Is Called Ecommerce" are also interested in the related articles listed below:

 
Running an e-commerce business isn't just about keeping your website up and running. Customers rely on your ability to serve them via telephone, fax, email, or other means, and it requires all of your systems to be working to be able to fulfil customer requests.
Just a couple of days back I was having a chat with my friend. He was celebrating his baby’s 1st birthday and had to run between his native in Kerala and Chennai, his working place. He and his better half traveled between these places at least 4 times in last one month.
If you have been doing e-commerce for any amount of time, you would have known that there are more scamers than genuine providers of wholesale dropship directory services. In the world of e-business, Salehoo and Worldwide Brands are both reputable service providers that have gained popularity in the past several years.
If you have ever been an online retailer, you probably have already heard about Salehoo or even used it to your advantage. If you are just starting out with your business, you might be confused with the mixed Salehoo reviews out there. Now, let us take a look at what Salehoo is really all about and the services they offer which many tend to overlook.
How many people do you know that have purchased something online? If your like me quite a few, that’s why ecommerce is the world’s new online shopping mall. But who runs these online retail stores? People just like you and me, that’s why this business is booming and will continue to boom now and well into the future.
If you are a huge fan of the latest electronic products, you might be tempted by the idea of running your own electronics business online. It is not that hard to get started when you take the full advantage of the right drop shipping electronics service and there are plenty for you to choose from.
Did you ever go into your local convenience store and wonder what it would be like if you owned it? Would you be a good owner, will the people like you ? Well this article will show you the benefits of owning your own online retail store, or commonly known as e-commerce that differs from a real local convenience store.
 
Article Directory Home All Categories Internet And E-Business Ecommerce
 

Can't find what you're looking for? Try Google Search!
 
Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at ArticleSphere.com™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.

Afrikaans Albanian Arabic Belarusian Bulgarian Catalan Chinese (Simplified) Chinese (Traditional) Croatian Czech Danish German English Estonian Filipino Finnish French Galician Greek Hebrew Hindi Hungarian Icelandic Indonesian Irish Italiano Japanese Korean Latvian Lithuanian Macedonian Malay Maltese Dutch Norwegian Persian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swahili Swedish Thai Turkish Ukrainian Vietnamese Welsh Yiddish