E-commerce is defined as the online transaction of business, connecting a vendor or seller and a purchaser. Various products and services are being offered, but it\’s foundations is that the interactions, deal sign-ups and the payment processes happen online. According to www.searchcio.techtarget.com, e-commerce can be divided into the following:
E-tailing or \”virtual storefronts\” on Web sites with online catalogues
Use of demographic information through Web links
Electronic Data Interchange (EDI)
Business-to-business purchasing and trading (B2B)
A primary facet of e-commerce is online shopping. Online shopping was actually developed by Michael Aldrich in 1979. E-commerce has made a foothold in the today\’s world. Almost in each corner of the globe, people have recognized the increasing significance of e-commerce. It gave rise to electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
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