Features of ecommerce free download as powerpoint presentation. E commerce history of e commerce early development. Increased use of smart mobile services and internet as a new. The history of e commerce begins with the invention of the telephone at the end of last century. Ecommerce is also known as electronic commerce or internet commerce. Ever since the inception of the internet, its user base has grown exponentially, and with it, ecommerce has blossomed. There are many individuals and organizations have published their own sets of guidelines. However, in this book we will only use the term e commerce, because every business transaction finally is involved in selling or buying of products or services.
Scribd is the worlds largest social reading and publishing site. Different types of ecommerce business models explained. Each has its benefits and challenges, and many companies operate in several of these categories simultaneously. Edi electronic data interchange is widely viewed as the beginning of ecommerce if we consider ecommerce as the networking of business communities and digitalization of business information. Ecommerce has hugely increased in popularity over the last decades, and in ways, its replacing. A special report brought to you by the mediacenter the growth of e commerce, q1 2004q1 2016 quarteryear total % of all retail sales. Libraries, homes, businesses, peoples personal cell phones and even airplanes, all have access to the internet. There is an ancient adage which i am sure will sound familiar. This study describes the state of the internet in arab countries. Reposting is not permitted without express written permission.
Producers and traditional commerce wholesalers typically operate with this type of electronic commerce. One of the main features a digital signature provides is the highest level of security and acceptance available. While some use ecommerce and e business interchangeably, they are distinct concepts. And the term e commerce obviously is more widespread. Transaction of money, funds, and data are also considered as ecommerce. Universal standards ecommerce technologies is an unusual feature, is the technical standard of the internet, so to carry out the technical standard of ecommerce is shared by all countries around the world standard.
Electronic commerce defined electronic commerce, in a broad sense, is the use of computer networks to improve organizational performance. The adapting of worldwide companies to the technological realities forced them to take into account an attempt to enter the online market, virtually redrawing and transforming the entire. If youre starting an ecommerce business, odds are youll fall into at least one of these four general categories. Ecommerce 5 features ecommerce provides the following features. This phenomenon makes e commerce sites lose up to 50% of potential online. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
A comprehensive list of musthave ecommerce website features by justin smith, ceo updated sept 22, 2019 when it comes to ecommerce websites, its all about functionality, features, and design. In a nutshell, ecommerce is just the process of buying and selling produce by electronic means such as by mobile applications and the internet. Advantages and disadvantages of ecommerce businesses. E commerce means buying and selling of products or services over electronic systems such as. To some extend, these features are unique to e commerce and explain why this technology has change the world so much more than other technologies do these technologies have any of 7 features. Allows merchant to set up a storefront includes security some include statistical tracking features and capability of integrating with other systems p. We are not trying to discuss the morally good or bad, but we would like to discuss the best and the worst that an e commerce business offers. When a brickandmortar store grows, it needs to consider how it will serve more customers in the same small space. Phone, electricity, cars, planes yes, but not all 7. Electronic commerce, or e commerce, is defined to be the process of businesses trading with other businesses and the formulation of internal processes using electronic links. Ecommerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internet. E commerce frameworks are flexible enough to adapt them to your specific requirements. Sartaj singh bajwa slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Companies that survived the dotcom bubble burst and now thrive.
Introduction to ecommerce in e commerce concepts introduction to ecommerce in e commerce concepts courses with reference manuals and examples pdf. E commerce revolution is still in its early stages. Standard can greatly affect the market entry cost and considering the. It reports certain internet characteristics and e commerce issues in the region and brings some of the critical challenges facing.
The buying and selling of products and services between firms, usually in different status or countries. This paper is from the sans institute reading room site. Abstract information technology has been playing a vital role in the future development of financial sectors and the way of doing business in an emerging economy like bangladesh. Pdf standard features of ecommerce user interface for. 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. The seven unique features are ubiquity, global reach, universal standards, richness, interactivity, information density, and personalization customization. There were many of consumer reports frustrations with the lack of interface standard features within e commerce websites. Digital signatures are great for important pdf files because they are, in essence, electronic fingerprints in the structure of a coded message. Ecommerce also allows your business to scale up easier than physical retailers.
Security features should include a secure sockets layer. Standard can greatly affect the market entry cost and considering the cost of the goods on the market. Ecommerce refers to both online retail and online shopping as well as electronic transactions. Increasing profitability, gaining market share, improving customer service, and delivering products faster are some of the organizational performance gains possible with electronic commerce. Ecommerce enables the use of credit cards, debit cards, smart cards, electronic fund transfer via banks website, and other modes of electronics payment.
Ecommerce or electronic commerce means buying and selling of goods, products, or services over the internet. A study on benefits and challenges in an emerging economy. Ubiquity is defined as being something that occurs everywhere. As result, they are suitable for building virtually all kinds of online shops and e commerce related web applications like the aimeos e commerce framework does. Pdf features of ecommerce technology recommended by. The growth of ecommerce, q1 2004q1 2016 a brief history. In the type of ecommerce website, that has seven unique features in the website. These business transactions occur either as businesstobusiness, businesstoconsumer, consumertoconsumer or consumertobusiness. These services provided online over the internet network. E commerce electronic commerce or ec is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. If you continue browsing the site, you agree to the use of cookies on this website. Electronic business, or e business, is a term often used interchangeably with e commerce, but is more concerned with the transformation of key business. An interactive catalog is an extension of the paperbased catalog and incorporates additional features such as sophisticated graphics and video to make the advertising more attractive. In e commerce, information and communications technology ict is used in.
Ecommerce has eight unique features that give it its wow factor. Businesstobusiness b2b transactions that take place between two organizations come under business to business. A business is an organization engaged in the trade of goods, services, or both to consumers. Comparing e commerce and e business we come to the subsequent conclusion. Global reach, or world wide access, is the highest number of potential consumers a business can reach.
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