The use of electronic technology to facilitate ancestry execution
ADVANTAGES OF E-COMMERCE
Companies and publishers have a world-wide presence and the customer has global choices and easy access to information
Companies can improve fight and quality of service by every last(predicate)owing access to their services each place, any time
Companies can analyze the interest in various products based on number of requests for information
E- occupation allows the earth of virtual companies that distribute only through web, thus simplification costs
The playing field is leveled for small companies that lack profound resources to invest in infrastructure and marketing
F. TYPES OF E COMMERCE
1. transaction to consumer e calling (B2C)
Makes use of web to connect single(a) consumers directly with wanderers to purchase products.
It is electronic equivalent of a brick-and-mortar sell store.
Although B2C is most visible form of e-commerce, it does not generate as much transaction transactions as business to business e commerce. Example: Amazon.com
2. Business to Business e commerce (B2B)
-Supports transactions between business across private networks, the meshing and the Web.
-Since businesses conduct frequent and high volume transactions, B2B e commerce is especially valuable.
-Businesses make use of B2B e commerce to purchase
1. nude material for production of product
2.Tool, parts and machinery for the production line
3.Office furnishings, equipment and products
4. transferee and shipping services
Example: www.grainger.com
Consumer to consumer e-commerce (C2C)
C2C uses the web to connect individuals who wish to sell their personal belongings with people shopping for the used items.
fashionable trend of private parties selling their belongings on E-bay
Although eBay supports all forms of e commerce, many credit it for the increasing popularity of C2C e commerce.If you lack to get a full essay, order it on our website: Orderessay
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