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April 14, 2015

E-commerce

 

Probably, you are quite puzzled when come across the term ‘e-commerce’ as you are not quite sure what it means. Well, you are not the only one as there are lots of people who are willing to find out more about e-commerce as well as the way it works.

To begin with, e-commerce stands for electronic commerce. To specify, e-commerce is the trading of services and products over an electronic network which is the internet. There are some other technologies involved in this process. They are: mobile commerce, inventory management systems, internet marketing itself, supply chain management, electronic funds transfer, online transaction processing and some others.

The most common areas in which e-commerce is widely used include: online shopping websites, business-to-business selling and buying, online marketplaces, using pretail in order to launch new services or products, business-to-business electronic data interchange and lots of others. What is more, email and fax are also quite important elements of e-commerce. The benefits of using e-commerce are as follows: 24/7 availability, wide selection of services and goods, international availability, accessibility and the speed of access. More about e-commerce and some specific techniques can be found at … orderessay.net

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