• E-Commerce
  • Differences Between E-Commerce and Traditional Commerce

      The following table shows the basic differences between E-commerce and traditional commerce 1.Traditional Commerce (a)      Heavy dependency on physical information exchange from person to person. (B)      Manual intervention is required for each communication or transaction. (c)       It is difficult to establish and maintain standard a practices in traditional commerce. (d)      Communication depends on person’s […]

  • E-Commerce
  • Functions and Benefits of E-Commerce

      Following are the basic function of E-commerce: (a)   Easy access to information and products. (b)   It provides a platform for various groups who are interested in exchanging information and services. (c)   It supports process management in the commercial sphere. (d)  It improves the quality of service by keeping a track on the shipped product. […]

  • E-Commerce
  • Types of E-Commerce

    E-commerce can be categorized into the following segments. (1)   Business-to-Business In B2B, products, services and information is bought or sold by business establishments. It does not involve any customer or consumer. For example Information and services are exchanged between the IRCTS and the banks during online reservations. (2)   Business-to-Customer E-commerce In B2B, products, services or […]