E-Commerce

Kirill Gerelyuk E-commerce Electronic commerce, commonly known as e-commerce, refers to the buying and merchandising of products or services over electronic systems such as the cyberspace and other computer networks. Electronic commerce draws on such technologies as electronic funds transfer, supply mountain range management, Internet marketing, online transaction processing, electronic data interchange (EDI), record management systems, and automated data collection system. The e-commerce landscape is sleek over very much in its formation, but many specialists already talk about two types of economy: the old economy, with companies doing line of reasoning in handed-downistic ways, and the new economy, with companies doing business over the Internet. The visual aspect of this new economy was the period of large numbers of Internet start-ups, all promising riches for investors, but, however, most of the sites from that time defy now disappeared. In business-to-consumer e-commerce, sites were set up selling everything from flatter food to clothes. The pure-play online sellers, like Amazon, have no traditional shops no brick and mortar outlets. This is pure e-tailing. Others combine e-commerce with sales through traditional outlets and this are called clicks-and-mortar ones.

The example is Tesco, a UK supermarket, which use e-commerce in confederacy with its existing operations. In business-to-business e-commerce, groups of companies passel set up creation exchange and allow companies to bid to supply participating retailers in a reverse auction on the Internet. Also thither are private exchanges, where a single company deals with suppliers in this way. As for me, this topic is very close to me, as my family runs an e-shop. It sells accessories for pad of paper PCs and now it is growing very fast and I can see in practice the difference between traditional commerce and e-commerce. The liquidity is very high and it is possible to get around your shop in just few months, while in traditional retailing you have to wait... If you want to get a full essay, order it on our website: Orderessay

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