Types Of E-Commerce Models

Posted by Eyerys on May 9th, 2019

E-commerce, or electric commerce, is the process of buying and selling of various products and services by businesses through the internet.

Nowadays e-commerce has become very popular among the people who want to buy and sell different things because of the convenience it offers and the cost benefits to retailers and the cost savings to the customers, and also the secrecy it offers.

E-commerce draws on such technologies as electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well.

E-commerce is the purpose of internet and the web to conduct business but when we concentrate on commercial deals among organizations and individuals demanding selective information systems under the guarantee of the firm it accepts the form of e-business. Nowadays, the word ‘e’ is hitting momentum.

Read more: https://www.eyerys.com/articles/types-e-commerce-models

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Eyerys
Joined: May 7th, 2019
Articles Posted: 19

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