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Wednesday, 18 December 2013

ECommerce

1.       E-commerce
Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and Information technology platforms. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing etc.
 With the aid of ecommerce it is possible for people to shop online from their comforts of their home irrespective of the geographical location therefore Ecommerce has been able to remove the geographical barriers successfully and helped customers to come into contact with vendors without hassles.
Ecommerce has also helped many small businesses as they no longer require to have a physical office that caters to a particular geographical location.

Ecommerce carries with it a number of benefits and it has worked wonders for both small and big businesses alike. With ecommerce techniques companies have enhanced sales and increased profits. It is a technological boom and here to stay for a very long time!

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