E-Commerce Vs Ecommerce

Abstract

Electronic commerce, commonly written as E-Commerce or Ecommerce, is all about trading the goods and services using the computer, which requires internet or online social network. A person sitting at home on his chair in front of the desk top can makes use of all the facilities in buying and selling of the goods and services. Unlike the traditional method of going out to the market and physically exerting yourself, Ecommerce has made shopping easy these days.

Electronic commerce (e-commerce) has improved it efficiency and effectiveness in developing countries also.

It is not only dealing with customers, but rather the dealing with business to business has also become very easy which reduces the physical work and saves time.

It is a way of giving the customers to shop sitting at their desktop.

Ecommerce is an indirect way of communicating with the customers and providing the goods of their choice when you cannot meet face to face. Ecommerce is also helpful when customers do not have time to go out and do shopping, this saves their time .

They can as well use the same time in a very productive way. If you can meet your customer any place or communicate any way online, that is the power of E-commerce. However, it is not free from disadvantages too, for example: the customers cannot feel and touch the product and when the product is delivered it will not be according to their expectations sometime. When it comes to payment it can be done through secured server credit card or even digital cash.

The Internet

Internet is the backbone for Ecommerce, without internet nothing can be done. No one owns the internet. It is actually funded and administered locally and sometimes it is done by volunteers.

Most of the countries directly or indirectly are connected to the internet and this number is growing day by day making Ecommerce globally.

Electronic commerce gives an opportunity to the customers to electronically exchange goods

In broad terms, this is a technological advancement where you find the market online. E- commerce is buying and selling goods and services over the Internet. Based on this definition, e- commerce is part of e-business.

Examples of Companies Using E-Commerce:

Amazon.com: It provides everything to its customers, it is one of the most popular site. It sells music

CDs, electronics, software, toys, video games, prescription drugs, and much more.

Drugstore.com: It refills and sells new drugs and vitamins and other health products online.

Apple Computer sells computers online (apple.com), where in sometimes customers are given a very good rate.

Dell Computer and Gateway: It deals with the computers through their web sites and it is one of the successful company which deals with customers online.

Peapod: It deals with groceries over the net.

Categories of E-Commerce

There are several ways to deals with the customers through Ecommerce today based on the nature of the business which includes business-to-consumer (B2C), business-to business (B2B), consumer-to-consumer (C2C), consumer-to-business (C2B). In the following paragraphs we will define these