Preview

RESEARCH ON ONLINE SHOPPING BUSINESS IN INDIA

Powerful Essays
Open Document
Open Document
10978 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
RESEARCH ON ONLINE SHOPPING BUSINESS IN INDIA
E-commerce
Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices social media, and telephones as well.
Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating within an organization and one of the most effective and useful ways of conducting business.
E-commerce can be divided into:
E-tailing or "virtual storefronts" on websites with online catalogs, sometimes gathered into a "virtual mall"
Buying or Selling on various websites and/or online marketplaces
The gathering and use of demographic data through Web contacts and social media
Electronic Data Interchange (EDI), the business-to-business exchange of data
E-mail and fax and their use as media for reaching prospective and established customers (for example, with newsletters)
Business-to-business buying and selling
The security of business transactions

Introduction to the E-Commerce & Internet Business

The global Internet audience continues to grow rapidly, with the worldwide base of broadband Internet users (including fixed and wireless) in the 2 billion range as 2013 began. This vast base of Internet users encourages businesses to innovate in order to offer an

You May Also Find These Documents Helpful

  • Powerful Essays

    The history of ecommerce can be traced back to the invention of the very old notion of “sell and buy” computers, electricity, cables, modems as well as the internet. The first e-commerce transactions was started in March, 4, 1983 by Alex Randall, (YouTube, 2008) but people started using ecommerce in 1991, when the internet was opened for commercial use and since then, there have been thousands of businesses which put up their businesses at web sites. The term ecommerce was used before to refer to the process of executing commercial transactions electronically thus with the assistance of the leading technologies such as Electronic Funds Transfer (EFT) and Electronic Data Interchange (EDI), through their help, they gave users opportunities to exchange business information as well as ability to do business transaction electronically. These technologies have been used even before, in the 1970s, these technologies’ ability was used by business companies as well as organizations to send electronically the commercial documentation.…

    • 1567 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Unit 9 P4 Business

    • 535 Words
    • 3 Pages

    Electronic Commerce is the mechanism of buying, transferring, selling or exchanging products through computers which includes internet. Electronic commerce can be defined as business process, service, learning, collaborative, community. Business Process is nothing but doing the most of transactions online which is…

    • 535 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Electronic Business, is the administration of conducting business via the Internet. This would include the buying and selling of goods and services, along with providing technical or customer support through the Internet. The benefit is ebusiness allows people to carry out businesses without the barriers of time or distance.…

    • 598 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e-commerce defined, let us look at its origin.…

    • 2336 Words
    • 7 Pages
    Best Essays
  • Good Essays

    According to Prenhall.com E-commerce can be defined as the process of buying, selling, or exchanging products, services, or information via computer networks. E-commerce can also electronically mediated financial transactions between organizations and any third party it transact with. E-commerce is useful by providing transaction among organizations which can be observed from two perspectives. The selling and buy within an organization. Successful virtual ecommerce are Yahoo, Google, and AOL. E-commerce can be defined through learning, service, communications, business process, and commercial.…

    • 470 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Information Tech Study Guide

    • 112195 Words
    • 449 Pages

    |2. |Electronic commerce is the buying and selling of products, services, and information via computer networks, primarily the |…

    • 112195 Words
    • 449 Pages
    Satisfactory Essays
  • Powerful Essays

    “E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers, which are linked to each other forming a network. To be specific, ecommerce would be buying and selling of goods and services and transfer of funds through digital communications” (Benefits of Ecommerce", 2007).…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Our world has changed drastically in recent years; we are living in the age of globalization and fast economic growth. Internet trading (e-commerce) has become an important part of our busy lifestyle and major part of every business sector in the world. As our lives have change the internet has changed…

    • 8462 Words
    • 34 Pages
    Good Essays
  • Powerful Essays

    customer behaviour

    • 1489 Words
    • 7 Pages

    - From a communications perspective, e-commerce is the delivery of information, products/services or payments via telephone lines, Fax, computer networks or any other means.…

    • 1489 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Sample Persuasive Message

    • 1127 Words
    • 5 Pages

    ( Turban,E., et al., 2008 ).Behaviors and associated mediums, explain how each medium enables e-commerce. E-commerce, short for electronic commerce, is the buying and selling of goods and services on the internet ( Searchcio.com, 2011 ).…

    • 1127 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Electronic commerce commonly written as e-commerce,is the trading or facilitation of trading in products or services using computer networks, such as the internet. Electronic commerce draws on technologies such as mobile commerce ,electronic funds transfer,supply chain management,internet marketing,online transaction processing,electronic data interchange(EDI),inventory management systems ,and automated data collection systems.Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle,although it may also use other technologies such as e-mail.…

    • 2354 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    • Lumpkin G.T & Dess G.G (2004). E-Business Strategies and Internet Business Models: How the Internet Adds Value. Organizational Dynamics, Vol 33, Issue 2, pp 161-173.…

    • 4052 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Electronic business, commonly referred to as "E-business" or "e-business", is sometimes used interchangeable with E-commerce. E-commerce constitutes the narrower definition of buying, selling, transferring or exchange of products and services, between businesses, groups and/or individuals using the internet, and intranets. E-business covers a broader definiton and includes e-commerce, customer relations management (CRM), business partnerships, "e-learning and conducting electronic transactions within an organization…

    • 12261 Words
    • 50 Pages
    Good Essays
  • Powerful Essays

    E-commerce is a combination of three different areas of study, namely technology, business and law/policy. EC is a kind of electronic medium for trading in goods and services. It is considered as exchanges between individuals/organizations channeled through technology, supported by electronic means.…

    • 732 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    The consumer first moves through the internet to themerchant’s web site. At the web site, the consumer is brieflygiven an introduction to the product or services the merchantoffers. It is at this point that the consumer makes the decisionto visit the web store by clicking on a link or button located onthe web page (e.g., Buy Now, Shop Online, or an image of ashopping cart button are common entry points into a webstore). After choosing to visit the web store, the consumer istypically connected to an online transaction server locatedsomewhere else on the internet which runs software commonlyreferred to as a shopping cart application. The shopping cartapplication has been setup by the merchant to display allproducts and services offered, as well…

    • 617 Words
    • 3 Pages
    Good Essays