INTRODUCTION TO E-COMMERCE
Commerce means - large-scale exchange of goods - buying or selling,
including moving goods from one place to another. When commerce, computers and
the Internet are integrated, commerce becomes e-commerce. Electronic commerce
means selling and buying goods or services over the Internet. It deals with the
buying and selling of information, products and services on a computer network.
It is a means of conducting electronic transactions on the Internet
electronically. This includes decisions by online trading organizations, which
allows the trader to act quickly on consumer demand and reduce market
uncertainty. This benefits the business and increases the annual income.
Payments in e-commerce are usually made by debit card, credit card, money
order, cash or check. Information, e-commerce is a means by which an enterprise
connects not only with industry but also with a large network of small traders,
government agencies, large corporations and self-reliant merchants.
DEFINITIONS OF
E-COMMERCE:
E-commerce is “The buying and selling goods and services over the
internet.”
E-commerce is “Commerce conducted electrically”.
In ubiquity, marketplace and market space involving in it. Market place refers to the exchange of goods and services physically. Market space refers to the exchange or purchase of goods and services through the internet. So these two important terms are involved in it.
E-commerce is going wider day to day. A business meets its too many customers daily and customers also get the new ideas about purchasing their need related products online.
