Electronic Commerce

One of the fastest growing industries in today's e-commerce is e-commerce. You can purchase, trade and sell almost anything on the Internet. People sitting in the living room are wearing pajamas on a rainy Saturday morning in the middle of December, you can connect to the internet and place a bid on a new chess holiday without going to the department store. They can pay for their credit cards through secure transactions and send goods to their doorsteps in a matter of days instead of retailing.

E-commerce is roughly divided into two categories. It is an intercompany e-commerce (B2B) and inter-company consumer e-commerce (B2C). B2B is a business where buying and selling transactions are done between companies, not between individuals using the Web and extranet. B2C is a business in which these transactions are carried out between consumers and sellers via the Internet. Individuals can electronically purchase goods and services from retailers through B2C commerce, but B2C commerce can be linked directly to suppliers using B2B commerce. For the purposes of this study, I will use the B2C category.

Business-to-consumer (B2C) e-commerce: This is an e-commerce process where commerce is done between consumers and companies selling products and services. Trading is mainly paid by plastic (ie) credit / debit card payment or electronic remittance. Clearly, e-commerce is only achieved when trading online through the Internet. The B2C business model is a model deployed in the retail business organization and is explained in the next section.

Ecommerce can be roughly defined as "to trade electronically". E-commerce or better e-commerce involves electronic trading of intangible assets such as physical goods and information. This includes all transaction steps such as online marketing, ordering, payment, delivery support. Electronic commerce includes electronic support services such as after-sales support and online legal advice, and electronic support for collaborative collaboration such as collaborative design.