Time Pieces Direct
By Milad Fathi
0-0-1 Ecommerce - Definitions
First off, let's have a quick look on what we mean by Electronic commerce:
Electronic commerce often referred to as simply e-commerce, business that is conducted over the Internet using any of the applications that rely on the Internet, such as e-mail, instant messaging, shopping carts, Web services, UDDI, FTP, and EDI, among others. Electronic commerce can be between two businesses transmitting funds, goods, services and/or data or between a business and a customer.
Ecommerce: The process of selling products or services via the Web.
Electronic commerce, EC, e-commerce or ecommerce consists primarily of the distributing, buying, selling, marketing, and servicing of products or services over electronic systems such as the Internet and other computer networks.
The information technology industry might see it as an electronic business application aimed at commercial transactions. It can involve electronic funds transfer, supply chain management, e-marketing, online marketing, online transaction processing, electronic data interchange (EDI), automated inventory management systems, and automated data collection systems. It typically uses electronic communications technology such as the Internet, extranets, e-mail, e-books, databases, and mobile phones.
Electric commerce: the conducting of business communication and transactions over networks and through computers. Specifically, ecommerce is the buying and selling of goods and services, and the transfer of funds, through digital communications.
As it is clear through out the definitions above, it is really common to dismiss ecommerce as 'buying and selling goods online". However, this part is by no means, all that is going on in the vast and endlessly growing world of Ecommerce. It is only the front-end that... [continues]
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