Industry Buzzword for online revolution in business centers for electronic commerce . E -commerce is the term used to identify the concept of doing business online. It has changed the business strategies and rules of doing business completely. It has allowed companies to expand their business in the competitive global market. Companies may enhance affordable products , global, 24 * 7 business , the effectiveness of operations , added revenue , improved customer relations, all with the power of e -commerce .
E -commerce refers to a process paperless exchange of business information by e-mail , EDI , online shopping , stock trading, sales of non-durable goods (software , ebooks, etc) and B2B transactions . It defines the use of the Internet to conduct business effectively and quickly. The best thing about e -commerce is that it promotes self-service by allowing customers to browse through products and buy products online without having to meet you.
E -commerce is a way to integrate an existing company site in the heart of the business by introducing online stores. A basket feature allows customers to choose productsFind item , quantity and keep track of their basket. It dissolves the need for face to face interaction through the use of multimedia based communication . Pay for the goods can be made by secure servers with options to pay by credit card or digital cash . Endless possibilities exist in the online business by enabling electronic commerce in the Internet site.
E-commerce solutions allow receiving payments through payment gateways via secure connections acquired by the site. Payments can be received by the merchant special account established for this purpose. This service manages all transactions and enables customers to make payments online safely.
Payments are followed by the delivery of the product which can be likened to order handling mail . E-commerce solutions provide an easy interface for executing commands using an additional resource to ensure the shipping of online orders . Integration of the delivery process allows customers to track the shipping process . They can track when their products were picked up from the warehouse and when will they be delivered to their door .
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