E-Commerce

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[edit] E-COMMERCE

Meaning of E-Commerce: The term "electronic commerce" has evolved from its meagre notion of electronic shopping to mean all aspects of business and market processes enabled by the Internet and the World Wide Web technologies.

Electronic Commerce as Online Selling: Narrowly defined electronic commerce means doing business online or selling and buying products and services through Web storefronts. Products being traded may be pysical products such as used cars or services (e.g. arranging trips, online medical consultation, and remote education). Increasingly, they include digital products sucha s news, audio and video database, software and all types of kowledge-based products. It appears then electronic commerce is similar to catalogue shopping or home shopping on cable TV.

Electronic Commerce as a Market Place.


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