Bagesh Singh Web Developer

E-commerce (electronic commerce or EC) is the sale of goods and services on the Internet, especially the World Wide Web. In practice, this term and a new term, e-commerce are often used interchangeably. For online retail sales, sometimes use the term e-retailing.

E-commerce can be divided into:

      * E-tailing or "virtual storefront" web site on-line catalog, sometimes gathered into a "virtual mall"
      * Collection and use of population data through the network access
      * Electronic Data Interchange (EDI), business to business data exchange
      * E-mail and fax and their use as a media to reach prospects and build customer (for example, newsletters)
      * Business to business transactions
      * Secure business transactions

E-tracking, or in the virtual stores and virtual shopping mall
As a local direct retail stores, its 24-hour availability, global, interactive capabilities, and provide custom information and ordering, multi-media outlook, the network is fast becoming the source of billions of dollars in revenue for the world of business. Of these, many companies have reported considerable success. As early as mid-1997, Dell announced orders for one million U.S. dollars a day. By early 1999, is expected to e-commerce revenues in the billions of dollars in stocks and companies that the most adept at e-commerce boom. While many retailers, the so-called Internet companies disappeared in 2000, economic shocks, the network retail sites, such as Amazon.com, CDNow.com, and CompudataOnline.com continue to grow.
Market

In early 1999, it is widely recognized that due to the interactive Internet, companies can collect data on potential customers in unprecedented numbers, through the Web site registration, surveys, and take part of the order. Whether the problem is collecting data on the main body of knowledge and market access have been proposed. (Microsoft referred to the policy, data collection, the "analysis" and the proposed standards have been developed to enable Internet users to decide who can have any personal information.)
Electronic Data Interchange (EDI)
Electronic Data Interchange is the exchange of business data to understand the use of the data format. It is prior to today's Internet. Electronic data interchange involving data exchange between parties to know each other and arrange 1 to 1 (or point-to-point) connection, usually a dial-up. Electronic Data Interchange is expected to be replaced by one or more of the standard XML format, such as ebXML's.

E-mail, fax, Internet telephony
E-commerce is also conducted through the more limited requirements of electronic forms of communication, e-mail, fax, or fax, and the emerging use of telephone internet. This is the most business-to-business, some companies have tried to e-mail and fax unsolicited advertisements (often regarded as junk e-mail or Internet e-mail) to consumers and other business prospects. A growing number of commercial websites to provide users of the e-mail communications. A new trend is to select the e-mail the voluntary registration of Internet users to receive e-mail message, usually containing sponsorship or advertising, on product category or interest in other subjects
Business to business buying and selling
Thousands of companies sell products to other companies have discovered, the network not only provides a 24-hour a day to display their products, but quickly reach the right person in the company for more information.
In the security of commercial transactions
Security includes authentication business to operate, control access to resources such as web page to register or selected users, encrypted communication, and in general, to ensure the privacy and effectiveness of the transaction. One of the most widely used security technologies is the Secure Sockets Layer (SSL), which is built-in all the leading Web browser.

To start using e-commerce
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(Electronic-COMMERCE) Doing business online, typically via the Web. It is also called "e-business," "e-tailing" and "I-commerce." Although in most cases e-commerce and e-business are synonymous, e-commerce implies that goods and services can be purchased online, whereas e-business might be used as an umbrella term for a total presence on the Web, which would include the e-commerce shopping component.

E-commerce may also refer to electronic data interchange (see EDI), in which one company's computer queries the inventory and transmits purchase orders to another company's computer. See m-commerce, microcommerce and clicks and mortar.

The First E-Commerce?

In 1886, a telegraph operator was able to obtain a shipment of watches that was refused by the local jeweler. Using the telegraph, he sold all the watches to fellow operators and railroad employees and then ordered more. Within a short time, he made enough money to quit his job and start his own catalog mail order business. The young man's name was Richard Sears, who formed Sears, Roebuck and Co. in 1893.

In the definition of E-commerce
So, e-commerce mean? E-commerce is the premier online fashion business revolution. It captures the excitement and focus of this fast-emerging markets. But more than a slogan or glib excuse the party line. Its core is a concept embodied in the Internet business.

E-commerce is the paperless exchange of business information using electronic data interchange (EDI), e-mail, electronic bulletin boards, fax transmissions and electronic funds transfer. It refers to online shopping, online stock and bond trading, download and sale of "soft merchandise" (software, documentation, graphics, music, etc.), and business-to-business transactions.

The concept of e-commerce is all about using the Internet to do business better and faster. It is about enabling users to control access to your computer system, and allow people to self-service. It is about your company's commitment to serious effort, combined with your web site with your core business. If you do, you will see the result!

The role of Internet in business compared to the phone. This is a people to communicate with each other. This is also a way to communicate with consumers the company's computer system without human intervention. In fact, the Internet is a media, like many others, we use every day business.

Think about the way you communicate with others business. The best way is face to face. Body language, tone and facial expression all help you understand each other's meaning. When you can not face to face, you can use any number of different means of communication: telephone, fax, Federal Express, United States Postal Service, or even a messenger service. These are the methods, delivery or receiving information, authorization, or even the transport of goods and commodities.

The Internet is a reasonable alternative to all of these means of communication. Any place and any way, your business communicate with customers, you should think about, you can achieve online. This is the power of e-commerce.

Can not meet? Send an email with an attached photo. When it comes time to buy goods, using the secure server, payment by credit card, or even digital cash! Opportunities and the circumstances in which it is possible online business is unlimited.

Components of the Internet business
Every business receipts of an era of new strategies and new ways of doing business. With the emergence of radio and television for the first time mass-market advertising. Now, the Internet has fundamentally changed the business, etc., these rules right business strategy, was held for nearly 50 years (from the dawn of TV) has begun to collapse.

Some text of the business activities necessary for any transactions taking place, which is a real bricks and cement trade on a regular basis, because these e-commerce. First of all, whether you are doing business online, or in the real world, you must have a product to sell or provide services. Then, you must have a place to do business from this. In the traditional business world, this can be a physical store, or in a more figurative sense, directory, or telephone number. In the global e-commerce where you do business is your site.

Most enterprises already exist in brick and cement of the world trade. Add a Web site is a means to improve their business. For Internet start-ups, the site is the only place to do business.

Often in business and e-commerce need to find a way to attract customers place of business. This is the embodiment of your marketing strategy, everything from word of mouth advertising for this category.

In order to do business, you also need a way to take orders and payment process. There are no orders in the retail stores. Users only need to find the products they want to get a consistent register and pay the cashier. In the e-commerce, order placement and delivery of supplies. Orders are usually handled through an interactive, online form. Money is another problem can easily handle the traditional business. Customers in retail stores to pay check, cash or credit or debit card. Online customers can not pay cash or check only through electronic means. In addition, there are a number of issues surrounding the security of online payment, not to play a role in the traditional world of bricks and cement. The occurrence of e-commerce transactions, through secure electronic connections and a special merchant account to receive payment.

Once the payment collection, delivery of the product must be taken. Of traditional shops as simple as a project in a bag and handing it over customers. In the world is more difficult to achieve e-commerce, shipping and transportation needs similar to catalog and mail-order business. For enterprise e-commerce into existing business plans to achieve is very simple, hire additional staff, launch an online order. On the Internet start-up companies, often have to perform outsourced to capable of handling facilities, processing orders and shipping more timely and professional manner.

* Source - Everything Online Business Book
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