Electronic commerce or E commerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge. E commerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet. From some time Electronic transactions have been around in the form of Electronic Data Interchange. They requires each supplier and customer to set up a dedicated data link , where E-Commerce provides a cost-effective method for companies to set up multiple links.
Electronic commerce has also led to the development of electronic marketplaces where suppliers and potential customers are brought together to conduct mutually beneficial trade. E commerce is a type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet. Electronic commerce operates in all four of the major market segments: business to business, business to consumer, consumer to consumer and consumer to business. It can be thought of as a more advanced form of mail-order purchasing through a catalog. Almost any product or service can be offered via e commerce, from books and music to financial services and plane tickets.
E-commerce includes business activities that are business-to-business (B2B), business-to-consumer (B2C), extended enterprise computing (also known as "newly emerging value chains"), d-commerce, and m-commerce. E-commerce is a major factor in the U.S. economy because it assists companies with many levels of current business transactions, as well as creating new online business opportunities that are global in nature.
Here are a few examples of e-commerce:
- Accepting credit cards for commercial online sales
- Generating online advertising revenue
- Trading stock in an online brokerage account
- Driving information through a company via its intranet
- Driving manufacturing and distribution through a value chain with partners on an extra net
- Selling to consumers on a pay-per-download basis, through a Web site
InElectronic Commerce Solution we provide you with Product management , Order management , Inventory Management , Cross selling and up selling , Data analysis , User Management , Payment Services , Search Services , Loyalty management , Catalog Management e.t.c. Our team is expert in providing all the electronic commerce services and look after each and every aspect for the solutions. Our services are dynamic and we work according to the requirements and satisfaction of the clients , we make use of the latest and modern techniques for ecommerce solutions.
We Provide the following services with E-Commerce
- Provide Ecommerce services for full 24 hours
- Provide Experts
- Provide all sorts of management related to E Commerce
- Proper Analysis
- Solutions to your Problems
- Quality service
- Work According to your Requirement
- Feedback and Improvements