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Ecommerce

Ecommerce

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Published by Sachin Gupta

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Published by: Sachin Gupta on May 02, 2011
Copyright:Attribution Non-commercial

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05/31/2014

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1
The Digital Firm: EThe Digital Firm: E--Commerce andCommerce andTelecommunicationsTelecommunications
 
2
W
hat is Commerce
W
hat is Commerce
Traditional commerce may be defined as:Traditional commerce may be defined as:
The exchange or buying and selling of commodities;The exchange or buying and selling of commodities;esp. the exchange of merchandise, on a large scale,esp. the exchange of merchandise, on a large scale,between different places or communities; extendedbetween different places or communities; extendedtrade or traffic.trade or traffic.
 
3
EE--CommerceCommerce
EE--
commerce (electronic commerce or
EC)
is the buying commerce (electronic commerce or
EC)
is the buying and selling of goods and services on the Internet. Inand selling of goods and services on the Internet. Inpractice, this term andpractice, this term andee
--
businessbusinessare often usedare often used interchangeably. For online retail selling, the terminterchangeably. For online retail selling, the termee
--
tailing tailing is sometimes used.is sometimes used.
 Aspects of e Aspects of e
--
commerce include:commerce include:
EE--
tailing or "virtual storefronts" on websites with onlinetailing or "virtual storefronts" on websites with onlinecatalogs.catalogs.
The gathering and use of demographic data through The gathering and use of demographic data through Web contacts.Web contacts.
E
lectronic Data Interchange (
E
lectronic Data Interchange (
E
DI
E
DI
),
the business
),
the business
--
toto
--
business exchange of data.business exchange of data.
emailemail
,
instant messaging and social networking as media
,
instant messaging and social networking as mediafor reaching prospects and established customers.for reaching prospects and established customers.
BusinessBusiness
--
toto
--
business buying and selling.business buying and selling.
The security of business transactions.The security of business transactions.

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