E-Commerce

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Use Comprehensive and Accurate E-commerce Analytics

Offer all the tools needed to set up and run an online store. It offers a range of customizable templates that can be used to integrate the designs and aesthetics of your company. To order to attract new customers, you should sell physical and digital goods and also compete effectively. In addition, the supplier has tied up for timely material deliveries with distribution and delivery services.

With convenient checkout practices make shopping quick. Get access to inventory real-time info. Finally, use comprehensive and accurate e-commerce analytics to gain actionable insights to boost your business. The vendor has an enticing free trial where you are free to tinker with the apps.

Key Business Processes Through the use of Internet Technologies

To many people, the term “electronic commerce” means shopping on the part of the Internet called the World Wide Web (the Web). However, electronic commerce (or e-commerce) also includes many other activities, such as businesses trading with other businesses and internal processes that companies use to support their buying, selling, hiring, planning, and other activities. Some people use the term electronic business (or e-business) when they are talking about electronic commerce in this broader sense. For example, IBM defines electronic business as “the transformation of key business processes through the use of Internet technologies.”

Some people find it useful to categorize electronic commerce by the types of entities participating in the transactions or business processes. The five general electronic commerce categories are business-to-consumer, business-to-business, business processes consumer-to-consumer, and business-to-government. • Consumer shopping on the Web, often called business-to-consumer (or B2C) • Transactions conducted between businesses on the Web, often called business-to-business (or B2B) • Transactions and business processes in which companies, governments, and other organizations use Internet technologies to support selling and purchasing activitie

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Growth of Electronic Commerce

Over the thousands of years that people have engaged in commerce with one another, they have adopted the tools and technologies that became available. For example, the advent of sailing ships in ancient times opened new avenues of trade to buyers and sellers. Later innovations, such as the printing press, steam engine, and telephone, have changed the way in which people conduct commerce activities.

Businesses have also been engaging in a type of electronic commerce, known as electronic data interchange, for many years. Electronic data interchange (EDI) occurs when one business transmits computer-readable data in a standard format to another business. In the 1960s, businesses realized that many of the documents they exchanged were related to the shipping of goods, for example, invoices, purchase orders, and bills.

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