Ecommerce
Definition
The correct Ecommerce definition is Electronic Commerce, also known
as e-commerce, e commerce or
commonly speaking Electronic Marketing.
So what is ecommerce? Electronic commerce consists of the buying and
selling of products or services
over
electronic systems such as the Internet and other computer networks.
The quantity of trade conducted electronically has grown astonishingly
with established Net usage.
A giant proportion of electronic commerce is
conducted wholly
electronically for virtual items like access to premium content on an
internet site, but most electronic commerce involves the transport of
physical items in some form.
Online outlets are occasionally known as
e-tailers and online retail is frequently known as e-tail. Pretty much
all gigantic outlets have electronic commerce presence on the net.
Electronic commerce that's conducted between
companies is known as
business to business ecommerce or B2B. B2B can be open to all
interested parties
( e.g. Commodity exchange ) or restricted to specific, pre-qualified
participators ( personal electronic market ). E commerce
that's conducted between firms and customers, on the other hand, is
known as business-to-consumer or B2C. Examples of this type of
Ecommerce include Amazon.com and Ebay.com.
Electronic
commerce is usually thought to be the sales facet of
e-business. It also is composed of the exchange of info to help the
financing and
payment facets of the business transactions.
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