According to statista, global ecommerce sales are expected to. Chinas ecommerce giants played a major role in keeping supplies flowing and supporting people in quarantine during the twomonth lockdown that started in january 2020. Ecommerce is the transaction between a buyer and a seller, which is done through online technologies. Electronic commerce ec has been brought to prominence by the popularisation and commercialisation of the internet. E commerce is a dynamic set of technologies, applications, and business processes that connect specific companies, consumers, and communities through electronic transactions and trade in goods, services, and information electronically fingar et al. The main aspect of ecommerce involves doing business on the web and includes.
Electronic business methods enable companies to link their internal and external data processing systems more efficiently and flexible, to work more closely with suppliers and partners, and to better satisfy the needs and expectations of their customers. In this book, the term electronic commerce or ecommerce is. Ecommerce or electronic commerce, also known as ebusiness, refers to the transaction of goods and services through electronic communications. The development of the use of technology through electronic. Pdf new technologies shaping the ecommerce environment. Devices like smartphones, tablets and technologies like 3g, 4g, wifi and high speed broadband is helping to increase the number of online customers.
This layer is the bedrock of electronic commerce because all traffic must be. Electronic commerce, commonly known as ecommerce, is the buying and selling of product or service over electronic systems such as the internet and other computer networks. Ecommerce has made lots of development in the year 2017 and it is growing at an unprecedented rate all over the globe. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, internet marketing. Most people use the terms electronic commerce and electronic business interchangeably. Adoption and use of e commerce technologies continue to rise because they provide access to global markets, offer a competitive advantage and increase the effectiveness of businesses. Ecommerce i about the tutorial ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Electronic commerce technology electronic commerce. Mcommerce applications for both individuals and organizations are expected to grow considerably over the next few years.
Ecommerce or electronics commerce is a methodology of modern business, which addresses the requirements of business organizations. Electronic business methods enable companies to link their internal and external data processing systems more. Mcommerce mobilecommerce refers to ecommerce activities carried out via a mobile terminal such as a phone or pda. Ecommerce helps buy and sell goods and services on the internet. Introduction to ecommerce technology in business saimunur rahman lecture notes. In order to develop ecommerce, the confidentiality, integrity and authentication of ecommerce transaction data must be ensured. Pdf documents can be sent as email attachments or accessed from a web. Ecommerce businesses are fast gaining grounds and changing the way of doing business. Role of ecommerce in todays business anjali gupta assistant professor in commerce ccas jains girls college, ganaur sonepat haryana, india abstract ecommerce stands. If organizations are going to take advantage of new internet technologies, then they must take a strategic perspective.
Ecommerce electronic commerce, commonly written as ecommerce, is the trading in products or services using computer networks, such as the internet. Although the general public has become familiar with e. Banks and other players in e commerce ecosystem are providing a secured online. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange edi, inventory management systems, and automated data collection systems. Mostly ecommerce, occurs between businesses, and not between business and consumers. Ecommerce expands the market place to national and international level. Before moving to the definition of what is ecommerce and types of ecommerce, first, you have to understand what is commerce. Pdf the rapid growth of new technologies brings forth advances in speeds and the capabilities of both wireless devices and networks, determines. Electronic commerce is a revolution in business practices. Ecommerce buyers and sellers together make up ecommerce, short for electronic commerce. It is the process of using the internet to buy or sell online. In many instances, the potential of e commerce technologies has yet been fully and properly.
Adoption and use of ecommerce technologies continue to rise because they provide access to global markets, offer a competitive advantage and increase the effectiveness of businesses. Introduction to ecommerce 1 learning objectives c to understand the complexity of e commerce and its many facets. Introduction to ecommerce 1 learning objectives c to understand the complexity of ecommerce and its many facets. Secondly, we present our pro secondly, we present our pro posed solutions with the design guidelines for so cial shopping and l oyalty. Ecommerce decreases the cost of creating, processing, distributing, storing, and retrieving paper based information. In addition to the consumeroriented commerce of the internet, ec is practised through. The technologies for ecommerce comprise of all components required for transacting businesses in electronic digital domain. A logistics and supply chain perspective 4 uncertainty based on technologies presented earlier in chapter 7 are pertinent in ad hoc ecommerce ordering and key to.
The technologies used to handle these issues mainly come from. Java, edi, tcpip, wap, wlan, bluetooth, gps, gis, dss, gdss, idss. We offer an ideal ecommerce development to make your digital business and improve your global presence. Ecommerce, in the popular sense, can be defined as. Electronic commerce ecommerce is a general concept covering any form of business transaction or information exchange executed using information and communication technologies icts. The social impact of ecommerce on society pros and cons. A study on benefits and challenges in an emerging economy by abdul gaffar khan mawlana bhashani science and technology university, bangladesh. We welcome you to the proceedings of the th international conference on electronic commerce and web technologiesecweb 2012which took place at vienna university of technology, austria. In the face of lockdown, chinas ecommerce giants deliver. An ecommerce approach scobey, porter, lingras, pawan on. The role of information technology in e commerce international. Pdf cybercrime and its effects on ecommerce technologies.