Driving Forces behind E-commerce The driving forces behind e-commerce are a combination of technological, economic, and social factors. Here are some key elements: 1. Technology: Technology is the factor, which provides e-commerce an opportunity to become and perfect solution for business. Advances in internet technology, mobile devices, and secure payment systems have made online shopping […]
E-Commerce Applications Manufacturing, Wholesale, Retail and Service Sector The applications of E-commerce are used in various business areas such as retail, wholesale and manufacturing etc. The most common E-commerce applications are given below: 1. Manufacturing E-commerce applications in the manufacturing sector have revolutionized traditional processes, enabling manufacturers to streamline operations, improve efficiency, and expand their […]
Electronic Payment Systems Topics covered: i. Types of Electronic Payment Systems ii. Merits of Electronic Payment Systems iii. Demerits of Electronic Payment Systems iv. Regulations Relating to Electronic Payment System in India Electronic Payment Systems Electronic payment systems are central to on-line business process as companies look for ways to serve customers faster […]
IT infrastructure for E-commerce Setting up robust IT infrastructure is crucial for the success of an e-commerce business. The right infrastructure ensures smooth operations, scalability, security, and an excellent user experience. Here’s a comprehensive overview of the key components of IT infrastructure for e-commerce: 1. Web Hosting and Servers i. Web Hosting: Shared Hosting: Cost-effective […]
Pure Online Vs. Brick and Click Organisations Before studying Pure Online Vs. Brick and Click Organisations, let’s understand what these organisations are and how they operate, with some notable examples. E-commerce organizations can be broadly categorized into pure e-commerce and brick-and-click models: 1. Pure E-Commerce Organisations Pure E-Commerce organizations operate exclusively online, without any […]
Management challenges in on-line retailing While changes in retailing may b e driven by technology ,managerial vision is required for successful implementation. Traditionally,retailing has been a low-tech environment in which retailing executives often relegated technology issues to back-room operators.These managers are most at risk as they do not have a clue that a major […]
On-line mercantile models from customer perspective The on-line consumer expects quality,convenience,value,low price and control.To meet these expectations and understand the behaviour of the online shopper,there is a need for a business process model that provides a standard product/services purchasing process from an interactive services and merchandising point of view. Consumer mercantile activities canbe grouped into […]
Internet based Business Models In the most basic sense, a business model is the method of doing business by which a company can sustain itself — that is, generate revenue. The business model spells-out how a company makes money by specifying where it is positioned in the value chain. Business models have been defined […]
Mobile Commerce The phrase mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the Global Mobile Commerce Forum, to mean “the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology. M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal […]
Digital Commerce Digital commerce (D-commerce) is a type of e-commerce used by an organization that delivers and sells products online. D-commerce is used by companies that sell news, subscriptions, documents or any form of electronic content, and the digital commerce company collects payments, handles customer refunds and billing and manages other accounting functions for online […]
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