Compare And Contrast Commerce And M-Commerce

In addition, despite of common basis both types of commerce have several significant distinctions and we need to define these two terms in order to have a clear picture on how they differ.

Both e-commerce and m-commerce is a field of marketing where selling, distributing and servicing activities done on the Internet with a help of various devices.

E-commerce stands for electronic commerce, which means practice of transacting in a world wide web. The difference with a common definition of commerce is that e-commerce allows using wired communication channels linked all over the world. All is need to make a purchase is an Internet connection. Monetary trade takes place in secured gateways and encoded channels what creates reliable trading atmosphere. Payments can be done with credit cards, electronic-checks, payment gateways or even with a use of formal payment systems. Among the advantages of e-commerce we can find its all-day uptime, global availability, response time, and cost efficiency, while it still can have uncertainty created in a customer’s mind, online safety issues, and long(probably) delivery

It’s fair to say that M-commerce is a complete shopping experience with all the conveniences introduced by cell phone or tablet. With the introduction of the phones with Internet access the M-commerce has become real and its popularity continuously rises. It’s obvious that m-commerce itself is a more portable than e-commerce as you can take your mobile device everywhere you go; while with laptops the situation is not that easy. The ubiquity, flexibility and personalization are the features that make mobile commerce so attracting to the customers. Mobile commerce users often practice show-rooming, which is a process of comparing the price of the product in a market and in the internet, thus often saving money. M-commerce has already penetrated to the finance, retails, services, telecommunications and information technology industries. Yet m-commerce is not that widespread in these spheres, but it’s getting a popular way to carry out business

And the reason for such wide-spread of this product among customers is actually pretty obvious. Mobile phone does a great job in keeping people connected with each other, moreover some people consider their phones as a piece of themselves. Since we are living in a world of rapid changes, the phones with new functions are offered frequently. And the situation now is as following: modern mobile phones are capable of doing almost all the things that traditional computers do and in many cases are more convenient option to carry out the task. It’s more likely to forget the keys at home rather than your