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Practice dictation & shadowing on the daily life story: E-Commerce
E-Commerce
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(1)
Ecommerce,
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electronic commerce, or simply ecommerce, is more than just buying and selling products or services online.
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It encompasses the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services.
(4)
Ecommerce systems rely on the resources of the Internet and other computer networks to support every step of the process.
(5)
Through an ecommerce system, customers can order and make payment for the products or services they purchase online and receive support at the company's websites through the Internet.
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It also allows ask customers and suppliers to participate in product development via Internet, news groups and e-mail exchanges.
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There are three basic types of ecommerce applications.
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Business to Business B to B, Business to Consumer B to C, and Consumer to Consumer C to C, Business to Business B to B Ecommerce is the online automation of purchase and sale transactions from business to business.
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Many companies use secure Internet or extranets for their business customers and suppliers to access to their websites, while some may rely on electronic data interchange.
(10)
EDI Systems, Cisco Systems, a leading manufacturer of computer networking equipment, makes about 40% of its sales online.
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These activities include order taking, credit check production, scheduling, and Technical Support to their customers.
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General Electric and the United Parcel Service U PS:.
(13)
Are a few of many other firms that offer B2B e-commerce sites business to consumer?
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B2C ecommerce creates electronic marketplaces where businesses promote and sell products and services directly to consumers.
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In this form of electronic commerce, which has grown into a multibillion dollar market, businesses can bypass intermediaries such as distributors or retail outlets.
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Companies like Amazon.com and Dell Corporation offer ecommerce websites that provide virtual storefronts and multimedia catalogs, interactive order processing, secure electronic payment systems, and online customer support.
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Consumer to consumer C to CE Commerce is an important alternative for business to business or business to consumer e-commerce.
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In this form of e-commerce, consumers can buy and sell products and services with each other in an auction process at an auction website.
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Through an online auction site like eBay, one of the most successful C to C ecommerce models.
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Consumers or businesses can participate in or sponsor consumer or business auctions.
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Other forms of consumer to consumer ecommerce include personal advertising of products or services by consumers at electronic newspaper sites, consumer ecommerce portals, or personal websites.