E-commerce or electronic commerceis the buying and selling of products and services on the internet, and it seems to be the wave of
if the future. Concept of E-commerce is pretty simple. someone gets on the internet and shops around. After he finds a product he wants,
he can purchase it. All he needs is a credit card.He will fill out the order form and submit his credit card number with it.Then the
transaction goes through a transaction server and then to a credit company to check and make sure that the person shopping,has good credit.Then.if the credit is approved,the transaction will carry on to the manufacturer or the small business and he will get a message
on his computer saying the order is complete. Finally,the product will be delivered to his house via the mail. small business owners
can benefit from E-commerce by selling their proucts on the Internet to customers whom they were not able to reach before. E-commerce
allows for more competition so we do not have to settle for local product and prices. Another benefit of E-commerce is that it
can help a small business grow into an international business. The Internet is world wide, so if we have products on-line then we
can build business relationship with people overseas.
Larger retailers can also provide their products using E-commerce. This will allow for all customer, large accounts or small, to
buy their products. It will help the sales representative of a corporation serve a customer that buys the same amount of the same
product at a certain time of each month, otherwise called an automatic re-buy. The customer can log on to the website and order
what he or she needs. Then the sales representative can follow up the order with an e-mail to see if everything is going all right.
This will save the customer's time and money as well as the sales representative's.
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