Features of e commerce pdf

Companies that survived the dotcom bubble burst and now thrive. Increased use of smart mobile services and internet as a new. Standard can greatly affect the market entry cost and considering the cost of the goods on the market. Ever since the inception of the internet, its user base has grown exponentially, and with it, ecommerce has blossomed. Sartaj singh bajwa slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Electronic commerce defined electronic commerce, in a broad sense, is the use of computer networks to improve organizational performance. However, in this book we will only use the term e commerce, because every business transaction finally is involved in selling or buying of products or services. The history of e commerce begins with the invention of the telephone at the end of last century. The adapting of worldwide companies to the technological realities forced them to take into account an attempt to enter the online market, virtually redrawing and transforming the entire. If you continue browsing the site, you agree to the use of cookies on this website.

In e commerce, information and communications technology ict is used in. Reposting is not permitted without express written permission. The buying and selling of products and services between firms, usually in different status or countries. The seven unique features are ubiquity, global reach, universal standards, richness, interactivity, information density, and personalization customization. If youre starting an ecommerce business, odds are youll fall into at least one of these four general categories. Digital signatures are great for important pdf files because they are, in essence, electronic fingerprints in the structure of a coded message.

To some extend, these features are unique to e commerce and explain why this technology has change the world so much more than other technologies do these technologies have any of 7 features. Advantages and disadvantages of ecommerce businesses. Security features should include a secure sockets layer. Knowing what bucket your big idea fits in will help you think. E commerce electronic commerce or ec is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. Introduction to ecommerce in e commerce concepts introduction to ecommerce in e commerce concepts courses with reference manuals and examples pdf.

Transaction of money, funds, and data are also considered as ecommerce. Electronic commerce, or e commerce, is defined to be the process of businesses trading with other businesses and the formulation of internal processes using electronic links. Ecommerce electronic commerce is the activity of electronically buying or selling of products on online services or over the internet. Comparing e commerce and e business we come to the subsequent conclusion.

Ecommerce is also known as electronic commerce or internet commerce. Abstract information technology has been playing a vital role in the future development of financial sectors and the way of doing business in an emerging economy like bangladesh. Ecommerce or electronic commerce means buying and selling of goods, products, or services over the internet. A special report brought to you by the mediacenter the growth of e commerce, q1 2004q1 2016 quarteryear total % of all retail sales. Each has its benefits and challenges, and many companies operate in several of these categories simultaneously. A study on benefits and challenges in an emerging economy. In a nutshell, ecommerce is just the process of buying and selling produce by electronic means such as by mobile applications and the internet. And the term e commerce obviously is more widespread. An interactive catalog is an extension of the paperbased catalog and incorporates additional features such as sophisticated graphics and video to make the advertising more attractive. In the type of ecommerce website, that has seven unique features in the website. A business is an organization engaged in the trade of goods, services, or both to consumers. Pdf standard features of ecommerce user interface for.

Ecommerce has hugely increased in popularity over the last decades, and in ways, its replacing. Ecommerce refers to both online retail and online shopping as well as electronic transactions. E commerce frameworks are flexible enough to adapt them to your specific requirements. Increasing profitability, gaining market share, improving customer service, and delivering products faster are some of the organizational performance gains possible with electronic commerce. While some use ecommerce and e business interchangeably, they are distinct concepts. These business transactions occur either as businesstobusiness, businesstoconsumer, consumertoconsumer or consumertobusiness. When a brickandmortar store grows, it needs to consider how it will serve more customers in the same small space. As result, they are suitable for building virtually all kinds of online shops and e commerce related web applications like the aimeos e commerce framework does. Scribd is the worlds largest social reading and publishing site. There were many of consumer reports frustrations with the lack of interface standard features within e commerce websites.

This phenomenon makes e commerce sites lose up to 50% of potential online. Different types of ecommerce business models explained. Electronic business, or e business, is a term often used interchangeably with e commerce, but is more concerned with the transformation of key business. It reports certain internet characteristics and e commerce issues in the region and brings some of the critical challenges facing. Standard can greatly affect the market entry cost and considering the. Ecommerce has eight unique features that give it its wow factor. Features of ecommerce free download as powerpoint presentation.

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, and automated data. Ubiquity is defined as being something that occurs everywhere. You must protect your customers information and ensure their privacy with a secure ecommerce platform. Edi electronic data interchange is widely viewed as the beginning of ecommerce if we consider ecommerce as the networking of business communities and digitalization of business information. E commerce history of e commerce early development. Seven unique features of ecommerce technology information. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce. This study describes the state of the internet in arab countries. A comprehensive list of musthave ecommerce website features by justin smith, ceo updated sept 22, 2019 when it comes to ecommerce websites, its all about functionality, features, and design. Universal standards ecommerce technologies is an unusual feature, is the technical standard of the internet, so to carry out the technical standard of ecommerce is shared by all countries around the world standard.

Ecommerce enables the use of credit cards, debit cards, smart cards, electronic fund transfer via banks website, and other modes of electronics payment. One of the main features a digital signature provides is the highest level of security and acceptance available. Allows merchant to set up a storefront includes security some include statistical tracking features and capability of integrating with other systems p. E commerce means buying and selling of products or services over electronic systems such as.

Pdf features of ecommerce technology recommended by. There is an ancient adage which i am sure will sound familiar. We are not trying to discuss the morally good or bad, but we would like to discuss the best and the worst that an e commerce business offers. Ecommerce 5 features ecommerce provides the following features. E commerce revolution is still in its early stages. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Businesstobusiness b2b transactions that take place between two organizations come under business to business. Phone, electricity, cars, planes yes, but not all 7. The growth of ecommerce, q1 2004q1 2016 a brief history. There are many individuals and organizations have published their own sets of guidelines.