Technical Paper on E-Commerce
TECHNICAL PAPER ON ELECTRONIC COMMERCE ABSTRACT There is no official definition as to what electronic commerce is. Different experts have different definitions. Communication people say that it is the transmission of information, of products/services of payments through telephone lines, network or any other medium. From a businessman standpoint, e-commerce is the use of technology to automate business transactions and work flows. Someone from the service industry might say that e-commerce is a transaction and work flows. Someone from the service industry might say that e-commerce is a helpful innovation that allows business to cut costs, enabling it to provide better quality products with a quicker delivery time. For our purpose and probably the general and literal definition for e-commerce is that it is the actually the buying and selling of goods or services electronically online. Products are displayed on an online store and potential customers can read information about the product, see them on the website and have the option to purchase them online. There are sites selling everything from pets to automobiles. Virtually any product or service can be sold online. All the principles involved in good business practices apply here. Electronic commerce presents a fantastic opportunity for businesses to increase their sales. Online storefronts operate by using a shopping cart. A shopping cart allows visitors select multiple products and collects payment information. Choosing a shopping cart is a critical step in the design of your site. Shopping carts should be matched to the needs of your website. The internet is a new and existing realm that offers businesses the ability to reach millions of customers at very low costs. It also offers businesses the ability to conduct sales through their website 24 hours a day, 365 days a year. Establishing an E-commerce website requires an experienced e-commerce designer. There is a multitude of issues, which must be
Bibliography: Employment News- January 2000 Website : http://www.dell.com Website :http://ecommerce.internet.com/ Website : http://www.consumer.net Website: http://www.ecrc.ctc.com/ Why This Fuse About E-Commerce- By Sanjay Kumar Misra E-Commerce (An Overview Of E-Commerce For Students And General Readers) By Bhushan Dewan E-commerce – By Dr. Milind M.Oka