Question:
What is E-commerce?
Answer: E-commerce or
electronic commerce is trading in products or services on Internet.
Electronic commerce draws on technologies such as mobile commerce, electronic
funds transfer, supply chain management, Internet marketing, online transaction
processing, electronic data interchange (EDI), inventory management systems,
and automated data collection systems.
E-commerce uses at various places:
- Online shopping web sites for retail sales direct to consumers
- Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales
- Business-to-business buying and selling
- Gathering and using demographic data through web contacts and social media
- Business-to-business electronic data interchange
- Marketing to prospective and established customers by e-mail or fax (for example, with newsletters)
- Engaging in Re-retail for launching new products and services.
Question:
What do you mean by EDI (Electronic Data Interchange)?
Answer: Electronic
data interchange
(EDI) is an electronic communication method that provides standards for
exchanging data via any electronic means. By adhering to the same standard, two
different companies or organizations, even in two different countries, can
electronically exchange documents (such as purchase orders, invoices, shipping
notices, and many others).
Question: What is E-Commerce &
E-greeting?
Answer: Both are
distinct in Nature but have a single similarity that E-greeting can be selling
through E-commerce Websites.
E-Greeting/E-Card: An E-card
is similar to a postcard or greeting card, with the primary difference being
that it is created using digital media instead of paper or other traditional
materials. E-cards are made available by publishers usually on various Internet
sites, where they can be sent to a recipient, usually via e-mail.
E-Commerce or electronic
commerce is trading in products or services on Internet. (Like E-greeting)
Question: Write
Influence on user of E-commerce websites?
Answer:
The concept of e-commerce relates
to the practice of buying and selling products over the internet and it has a
significant impact on consumer and consumer behavior.
Pozzi (2009) divides online
retailers in two following categories:
First,
retailers that sells online, as well as, maintaining traditional physical
offline stores.
Second,
retailers that rely only on online sales channel and do not have any offline
stores.
Online-only retailers are in a
disadvantaged position compared to their offline competitors in terms of
affecting consumer behavior through enhancing the quality of store atmosphere
and effective positioning of products within the stores.
Online-only retailers can have a
positive impact on the level of consumer behavior through enhancing technical
capabilities of the website, providing comprehensive information about the
products, increasing delivery time of product and in a range of other ways.
E-commerce has impacted consumer behavior
through widening choices for consumers in several levels. Specifically,
nowadays consumers have an opportunity of comparing various aspects of products
online prior to making a commitment of purchasing from a specific brand.
Question:
What factor one should keep while doing E-commerce websites, Example?
Answer: Test
before you Invest monopoly keeps You Safe.
