E-commerce
From Wiki @ Karl Jones dot com
E-commerce (also written as e-Commerce, eCommerce or similar variants), short for electronic commerce, is trading in products or services using computer networks, such as the Internet.
Description
Electronic commerce draws on technologies such as:
- Mobile commerce
- Electronic funds transfer
- Supply chain management
- Internet marketing
- Online transaction processing
- Electronic data interchange (EDI)
- Inventory management systems
- Automated data collection systems
- Etc.
Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle, although it may also use other technologies such as Email.
E-commerce businesses may employ some or all of the following:
- Online shopping - web sites for retail sales direct to consumers
- Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales
- Business-to-business buying and selling
- Gathering and using demographic data through web contacts and social media
- Business-to-business electronic data interchange
- Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
- Engaging in pretail for launching new products and services
See also
External links
- E-commerce @ Wikipedia