E-commerce

From Wiki @ Karl Jones dot com
Jump to: navigation, search

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