Saturday, March 17, 2012

Definition of E-Commerce

Electronic commerce, commonly known as e-commerce, e commerce, eCommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Electronic commerce draws on such technologies as 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 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.
E-commerce can be divided into:
  • E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall"
  • The gathering and use of demographic data through Web contacts
  • Electronic Data Interchange (EDI), the business-to-business exchange of data
  • E-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters)
  • Business-to-business buying and selling
  • The security of business transactions




Definition of E-Commerce



To understand what is e commerce you first need to understand all of its parts. First off, there is e commerce hosting or e commerce web hosting which is where your business website “is” on the internet so to speak. A web hosting provider is an online company that runs big servers that can hold many different websites files. E-commerce hosting is hosting that specializes in websites that specifically require e commerce related software and are geared towards commercial enterprise of some kind. These servers usually host an array of e commerce solutions incorporated into their packages.

When you are likely to put together any E commerce website on the web, there are a number of E commerce solutions you need to have in place to help make every thing easier to control particularly if things are not working properly.  These types of E commerce solutions once executed may help almost everything work simpler providing you with the sort of outcomes that you will be looking for.  Find out just what a couple of these could possibly be.

First of all, you are going to have to be utilizing a top quality internet site builder as your initial solution for your web site.  Without a tool which you can use to create all the webpages of your website, you will not get very far within this process.  This tool must be automatic otherwise you’ll have difficulties as a result of time.  Some people make use of a software they set up on their very own personal computer while others will make use of one that is set up to the host to manage the entire site.  Either solution is appropriate.  The majority of men and women prefer picking the one that has got the greatest plugins for more features for the internet site.

Another one of the most important E commerce solutions is really a dependable shopping cart software set up.  The shopping cart application enables users to search the website including items directly into the cart to ultimately buy something.  A trustworthy shopping cart software will help you make product sales without losing clients since it is no longer working.  This shopping cart application also needs to perform well with your merchant account else you could encounter troubles.

There is eCommerce software which is a software that incorporates some form of business operation usually relating to the transactions of goods, services and monetary values. These are more commonly know as online shopping carts and as mentioned above these carts are often available from the hosting company, although there are many third parties that offer these e-commerce solutions as well.

There is e commerce website design or e commerce web design which is how the business website is actually designed which is slightly different from e commerce website development which is more geared towards how the site functions rather than how it appears.

And of course there are the e commerce websites themselves. So to know the answer to what is e commerce? You need to look at each of these sub-categories individually. The common ingredient here is the word “commerce”. So to put it another way, a simpler way, e commerce is any commerce that is done electronically as “e” stands for “electronic”.

Have a good look through this site to find out about all of the above contents in more detail. Explore into this site even more deeply and you will discover all sorts of valuable information that will enable you to make a successful online business.

As well as general good practice functionality for running your e-commerce business you will find tricks, tips and guidelines for making the most of your new systems with a nice healthy focus on good white hat internet marketing. Things to avoid and why, how and what of all things e-commerce.

Firstly though I recommend you read each of the e commerce subjects above to get a good overview and understanding of each part. Doing this will give you a solid overall grounding of what is e commerce and prepare you for more complex industry components within a particular e commerce solution.

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