What are the major components of e commerce explain?

Answer 1

Core Components of E - Commerce

There are three important components of E - Commerce. They are:

a) Catalog: A catalog is something that has information about the products sold or services being offered. This is to let the user browse through what is being offered and allow him to choose and purchase from the list. A catalog varies from manufacturer to manufacturer or service provider to service provider depending upon what they offer. The catalog might carry the picture of the product (if any), details of the product, and cost of the product.

b) Shopping Cart: An easiest way to understand what a shopping cart is to look around for a basket that we carry to the market to purchase some goods. Since we cannot carry a basket on a website, the website provides us with a tool in which we can keep adding up of items that we wish to purchase.

c) Payment Mode: While purchasing a product in a local market, we use currency to mark the transaction, but with the advent of plastic money, otherwise known as credit cards or debit cards, one need not bother about carrying the currency. In an E-Commerce website, the third most important component would be to identify how to make the payment for the products purchased. The payment mode could be wire to wire bank transaction, pay pal transaction or net banking transfer.