What is e-commerce 1 point?

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What is e-commerce 1 point?

E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.

What are the features of e-commerce?

Features of E-commerce :

  • Ubiquity : E-commerce is widespread, that is, it is available everywhere always.
  • Global Reach :
  • Universal Standards :
  • Interactivity :
  • Information Density :
  • Richness :
  • Personalisation :

What are the characteristics of e-commerce?

9 Characteristics of Well-Designed E-Commerce Websites

  • Simple. The focus of an e-commerce site should be on the products for sale.
  • Branded. Many shoppers are influenced in their purchasing decisions by the brand.
  • High-Quality Photos and Images.
  • Social Proof.
  • Easy to Navigate.
  • Easy Checkout.
  • Mobile-Friendly.
  • User-Focused.

What are the five categories of e-commerce?

5 Major Types of eCommerce

  • Business to Business, B2B. Business to business (B2B) e-commerce transactions happen between two companies.
  • Business to Consumer, B2C.
  • Consumer to Consumer, C2C.
  • Consumer to Business, C2B.
  • Government E-commerce, G2B and G2C.
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What are the 4 models of e-commerce?

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer).

What are components of E Business?

E-business involves several major components: business intelligence (BI), customer relationship management (CRM), supply chain management (SCM), enterprise resource planning (ERP), e-commerce, conducting electronic transactions within the firm, collaboration, and online activities among businesses.

What are some elements that might be included in an e-commerce platform on a website?

7 Essential Elements For E-Commerce Websites

  • User Friendly. If your store is easy to navigate, you will have a greater chance of making a sale from the start.
  • Shopping Cart and Checkout Process.
  • Mobile Compatibility.
  • Calls to Action (CTA)
  • Images and Descriptions.
  • Customer Support.
  • Security and Privacy.

What are the four types of e-commerce?

The following are the different types of e-commerce platforms:

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)
  • Consumer-to-Business (C2B)
  • Business-to-Administration (B2A)
  • Consumer-to-Administration (C2A)

What are the features of e-commerce Slideshare?

6. Features of E-Commerce  Non-Cash Payment: E-Commerce enables use of credit cards, debit cards, smart cards, electronic fund transfer via bank’s website and other modes of electronics payment.

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Which is one of the major types of e-commerce?

There are 6 basic types of e-commerce:

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)
  • Consumer-to-Business (C2B).
  • Business-to-Administration (B2A)
  • Consumer-to-Administration (C2A)

What are technical components of e-commerce?

Technical Components & Benefits of E-Commerce B Com Notes |…

  • ISDN (Integrated Services Digital Network)
  • Broadband.
  • ADSL.
  • Cable Modems.
  • Metropolitan Area Ethernet services.
  • Leased Lines.
  • Wireless Networking.
  • Wireless LAN.

What are the major components of e commerce explain?

Suppliers and supply chain management. You are or plan to be a retailer in an increasingly competitive market.

  • Warehouse operations. Post brick-and-mortar retail relies on electronic communication and product display.
  • Shipping and returns.
  • Client Relationship Management (CRM) – software and policies.
  • Ecommerce catalogue and product display.

    • What are the different types of e commerce?

    There are 6 basic types of e-commerce: Business-to-Business (B2B) Business-to-Consumer (B2C) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B). Business-to-Administration (B2A) Consumer-to-Administration (C2A)

    What are the features of e commerce?

    Seven Unique features of E-commerce Ubiquity- The traditional business market is a physical place, access to treatment by means of document circulation. Global Reach- E-commerce allows business transactions on the cross country bound can be more convenient and more effective as compared with the traditional commerce.

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    What are the categories of e commerce?

    Categories of e-commerce. As with traditional commerce, there are four principal categories of e-commerce: B2B, B2C, C2B and C2C. B2B (business to business) – This involves companies doing business with each other. One example is manufacturers selling to distributors and wholesalers selling to retailers.