Creating Websites Like E-Commerce Sites

August 14, 2016

You might want to create a website of your own, with a common example being a business or e-commerce website. E-commerce stands for electronic commerce, and refers to Internet sites that buy or sell products or services directly, including both physical products and services and virtual products and services. Exchanging financial data is also an important part of e-commerce in the context of online payments. E-mail and mobile phones are also often involved with e-commerce.Aspects of E-commerceE-commerce is made possible via electronic funds transfer, online transaction processing, electronic data interchange, automated data collection systems, inventory management systems, supply chain management and Internet marketing. Most commercial entities are at least somewhat involved in e-commerce today.E-commerce Applications

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E-commerce transactions tend to be either business to business or business to consumer. There are many common e-commerce applications. These include supply chain and logistics document automation, enterprise content management, group or collective buying, domestic and international payment systems, instant messaging, newsgroups and automated online assistants.More on E-commerceOther aspects of e-commerce include online banking, online shopping, online order tracking, online office suites, teleconferencing, online tickets and shopping cart software. Some aspects of e-commerce tend to be regulated by governments. These often include online advertising, commercial e-mails and consumer privacy.E-commerce DistributionSome e-commerce practitioners exist only over the Internet, with an e-commerce website and perhaps other websites but not physical storefront or location. There are also more traditional commercial entities with storefronts or physical locations that also have a web presence that include an e-commerce website both for direct sales and for drawing more business to physical storefronts.Making E-commerce WebsitesProfessional web designers can create e-commerce sites, but amateurs and laymen can use such applications as website builder tools, website design software and e-commerce software to do so as well. The best e-commerce sites are often simple and efficient in design, and it is generally not difficult to plan, build, launch and maintain an e-commerce website given the appropriate tools.E-commerce and E-businessE-commerce is a subset of e-business, which is business conducted more efficiently with the use of information technologies. Internally within a business this can mean customer relationship management, human resources management, content management, enterprise resource planning, document management systems and communications systems such as digital audio, voice mail, e-mail, web conferencing and digital work flows.

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Examples of E-commerce Products and ServicesSoftware, electronic books and streaming media are some examples of online goods and services. E-commerce retail services can include travel, banking, food ordering, online pharmacy, online flower delivery and DVD-by-mail. Examples of mobile commerce include banking, ticketing and payment services. Some e-commerce marketplace services include advertising, auctions, online wallets, trading communities, price comparison services and social commerce.

E-Commerce Adoption in the Developing Nations – Part 1 – The Benefits of E-Commerce

August 13, 2016

E-commerce is the new way of doing business. It is highly changing and affecting the whole way of global business transactions. Nations need to integrate this technology in order to compete and secure their survival in the global market. In the course of integration of E-commerce there is a huge divide called the digital divide which segments the world nations into two categorizes. The first are the developed nations, with high E-commerce and Information and Communication Technology (ICT) integration hence getting tremendous benefits from the global competition, and the others are the developing nations with low integration of E-commerce and losing benefits of the global market competition.The definition of E-commerce in our context is in its broader sense which includes doing business activities over the Internet. These activities may include browsing business information, e-mail, selling and buying products and services over the net.

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The adoption of E-commerce in the developing nations is mandatory and should be addressed effectively. This article will address the process of adopting E-commerce in these nations. First let us see how E-commerce benefits them.1. Availability of useful informationThe Internet is a huge resource center for any business information; suppliers, resellers, distributors, importers, exporters, products, services, you name it. Enterprises can get any kind of business information from all over the world right from their desktops. The Internet achieved fast, secure and useful access of information. Today, information being a power in the business environment, the integration of ICTs and Electronic commerce is a crucial step for every developing nation.2. Reduced costs of Advertising products and servicesReduced advertising cost is one of the major benefits E-commerce gives to enterprises. Websites serve 24 hours a day and 7 days a week all over the world. Besides, the cost of owning a website is much less compared to the benefits they provide.3. Fast and efficient supply chain managementPeople buy and sell online in the simplest and easiest ways. Buyers have whatever they need right on their desktops and sellers can reach their customers wherever they are just right from their tables. Besides, the process of buying and selling goods especially that of digital goods is a matter of minutes no matter where sellers or buyers are located. There are no middle men needed, no limit or border. The process will end between the seller and the buyer just in minutes saving much time and energy.

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4. Greater market reach E-commerce knows no boundaries. Geographical limits do not seem to exist. Enterprises can reach markets that can be found in their opposite corner of the world in no time. This is one feature of E-commerce; making our globe a very small village.5. Enhanced customer careCustomers are treated well enough through enterprise websites. They can get whatever information they need, view products of their preference, compare prices, get in contact with vendors, and buy simple and easy.

What Is E-Commerce and Why Do We Need an E-Commerce Website?

August 12, 2016

E-Commerce or Electronic commerce is the trading of products or services using computer networks, such as the internet. It allows the consumers to gather information about the products and their prices, thereby allowing the customers to compare the products and get the best product out of it. E-Commerce covers a wide range of products that is from clothing, accessories to online buying of shares or stakes of a company.E-Commerce has been recognized for its ability to allow business to communicate and to form transaction anytime and anyplace. E-Commerce uses technologies such as mobile commerce, electronic fund, internet marketing, data interchange processing and inventory management systems.

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Need for E-Commerce websiteE-Commerce has become a booming industry in the past few years and it has become the only hope for online shopping where people from different places can sit at their comfort and buy or sell their products or service. According to a survey it has been estimated that by the year 2015, the annual E-Commerce will hit a height of about $278.9 Billion. Hence this gives an opportunity for the retailers or the people to host their own E-Commerce website and avail the online trading. It helps the consumers to get to know more about the product and this impacts their decisions while shopping. It also allows the consumers to give out their reviews about any product which help other customers who are trying to buy the similar kind of product, thereby creating smart customers.Already there are so many different kinds of E-commerce websites, such as eBay.com, amazon.com and many more which are providing different products and services for the consumers.With the advancement in E-commerce, people are getting more and more dependent on it, as it provides them an easy way to shop online in a more secure manner rather than having to go through the hassles of going and shopping outside. This encourages in the development of newer websites and in return both the retailers and the consumers are benefited with it. Hence we can say that in near future the E-commerce websites will replace the struggle of going outside and shopping and thereby making shopping just a click away.

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E-commerce is not beneficial only for the retailers as it gives an opportunity for the consumers to compare the prices and products and to choose the best product at the best price. In this way the consumer is not only getting the best product, he is also getting the product at the best price and thereby the consumer is saving the extra money.

What Is the Difference Between E-Business and E-Commerce

August 12, 2016

Do you know the difference between e-business and e-commerce? Have you been using these terms synonymously and wonder if you are really using them correctly? In order to have a better understanding of these two terms, let us define each of them separately.E-commerce or electronic commerce covers business activities that are conducted through the Internet or other electronic systems. In e-commerce, products and services are bought and sold over the Internet and transactions are completed automatically. E-commerce websites have the ability to accept orders online through a checkout feature that is provided by e-commerce or shopping cart software. E-commerce is grounded in the usage of technologies such as electronic funds transfer, online marketing, supply chain management, data collection systems, inventory management systems, and electronic data interchange.

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E-commerce software solutions uses all previously mentioned technologies to create fully functional e-commerce websites. E-commerce websites are also called virtual storefronts or virtual malls, because they are known to be product catalogs. The stores selling products as opposed to services may offer tangible products as well as intangible ones such as digital downloads of music, software or books. To put this into simple terms, e-commerce is online trading. All business transactions are exclusively done through the Internet.E-business or electronic business, on the other hand, is considered the integration of e-commerce activities into your company’s business flow. For example, you have a business, and you decide to start accepting purchases made online, then your company has transitioned from being a traditional business to an e-business. When the e-commerce activities become an integral part of your overall business that is when you can call your business an e-business. Businesses that integrate standard activities in their websites are called e-businesses because their website becomes a sales tool to generate even more profits.An e-business is harder to maintain because merchants have to manage both the website and its other internal business functions such as the production of goods or services, product development, finance, human resources, etc. Most traditional businesses transition to e-businesses because they can capture more customers through the World Wide Web. It also makes their company more professional-looking and legitimate because customers can easily contact them through the website or look up their company profile to learn more about the business.

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The terms e-business and e-commerce are usually used interchangeably, but it should be used correctly so that people will know the true nature of each. Now that you have a good idea of what differentiates the two, which direction do you want your business to move towards? Include it into your business plan so you have the right goal to aim for.