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eCommerce

Electronic commerce is selling goods or services through technologies like the internet and mobile apps. Online malls are a common form of eCommerce.

645 Questions

What is a common ecommerce website design?

There are as many different website designs as there are websites. Some key points to consider when deciding on a layout would be ease of navigation and a well organized design. To simplify the process there are several services available that offer templates for you to build from.

What are eCommerce drivers?

Ecommerce stores are available for 24/7. Customer can access it form any where and any time, this makes the online store more popular. Other driver that make an ecommerce business more successful is its attractive design, functionality and fulfillment/customer service and mobility.

What are the Legal and regulatory framework for e-commerce?

The Electronic Commerce (EC Directive) Regulations 2002 establishes legal rules that online retailers and service providers must comply with when dealing with consumers in the 27 member countries of the European Union (EU).This information must be available to the consumer in a way that can be reproduced and stored.

Retailers/service providers must provide the following information to consumers when conducting business via electronic means:

The technical steps involved in placing an order.

The terms and conditions under which a contract is made. This information must be available to the consumer in a way that can be reproduced and stored.

Prices must be clear and state whether tax or shipping costs are included.

The name of the service provider, its email address (a contact form is not sufficient) and a geographic address.

Acknowledgement of the order by electronic means and information on how to amend input errors made during the order process.

If it is a company, the company's registration number and place of registration.

Membership details, including registration number of any trade or professional association of which the service provider is a member.

Any breach of these requirements is considered a breach of statutory duty. If the consumer is not informed of how they can amend errors in an order, the contract can be voided.

EU law dictates that electronic transactions are subject to the Internal Market clause, which dictates that 'information society services' are subject to the law of the member state and that a member state cannot restrict incoming services.

The directive also applies to services provided by SMS text messaging. Given the 160 character limit of SMS, the body of the message must contain a URL where the required information can be found.

Five primary revenue models for e-commerce firms?

1- Advertising:

Simply you have website and provides a contents and forum for advertisements and get fees from advertisers. (Laudon, & Traver, 2007, p61)

The advertising model is an addition of the traditional media model. The web site, provides content which always free and services like email, IM, blogs and users accepts advertising messages in the form of banner ads. (Langen, 2006)

2- Subscription:site offer their contents to download (templates), users can download the templates and use it as they want, when they pay for subscriptions.

3- Transaction: site enables the merchants to sell their products and services to customers and provides a secure online payments to users.

4- Sales:site sells the flowers online, and deliver your order almost everywhere in US.

5- Affiliate: ite uses Amazon Associates Web Services to deliver a complete marketplace of DVDs. (Amazon, 2008)

What features does the Ecommerce Website Builder contain?

An ecommerce website builder allows one to quickly build an online storefront using a wizard and a browser. There is no need to install software on one's computer. The main features needed are the ability to take credit card payments, an online shopping cart for customers, and some nice design templates. All those are available when using an ecommerce website builder.

Forms of paying e-commerce?

Forms of paying e-commerce:

Hosted payment gateways.

Pro/Self hosted gateways.

Direct payment gateways.

Local bank integration.

Platform based payment gateway solution.

What economic factor disfavor e- commerce?

Channel conflict, price conflict, logistics expense and customer-service expense

What is the strategy involved in running a e-commerce company?

First of all you need to create a website with detailed information about your business. It is important to use their quality ux and ui design. Your site should be willing to visit again or recommend to another. Further it is necessary to be engaged in promotion of a site. Currently, the most popular is the promotion through social networks, such as Instagram, Facebook, Linkedin and others. This is a fairly important segment, because the network data directly has a live customers of your product. The question remains in how you will sell it. you can promote the site yourself. this takes a sufficient amount of time. You can contact various professional agencies. This will save your time for the development of your own business. I had a need to promote my own business in Instagram. I wanted to save money and started promoting myself. I did not have time to do my sales. Next I found the agency https: //bigbangram.com/ , which solved my problems. They helped me to quickly promote my profile. They are quite budgetary in terms of cost of services and have a high level of quality of their work. A detailed analysis of the target audience was carried out. For the first month, I received an increase in sales by 17%.

Where could one find more information on eCommerce software development?

One can find more information on the eCommerce software development from the following sources: Ahead Works, Axis Ware, Purple Tuesday, Zen Solutions, Flash Ecom, Contus, CS-Cart, Logic Spice, Smart Data Inc, to name a few.

Is E-Commerce the best thing for India?

Yes it best thing for India through MyDeals247.com (I like this site for only reason being, I can bargain online.. very interesting model)

Why is E-commerce different?

E-commerce is very different from traditional commerce, because it uses the internet and globalization to enhance the products and services. E-commerce provide direct connection between customer and corporation, eliminating third men, through e-commerce you can easily compare products, brands, quality and prices of e-commerce marketing and traditional marketing.

What are the Characteristics of an ecommerce economic model?

The characteristics of an e-commerce economic model include the ease of buying and selling of goods and services. These exchange of goods or services are done online.

What are the scopes of ecommerce?

Think of the electronic or internet economy as having three primary components:

(1) Electronic Commerce (e-Commerce)

Any transaction completed over a computer-mediated network that transfers ownership of, or rights to use, goods or services. The value of goods and services sold on-line. The term "on-line" includes the use of the Internet, Intranet, and Extranet, as well as proprietary information that runs over systems such as Electronic Data Interchanges (EDI) networks.

(2) Electronic business supporting infrastructure

The economic infrastructure that is used to support electronic business processes and conduct electronic commerce transactions. It includes hardware, software, telecommunication networks, support services, and human capital used in electronic business and commerce.

(3) Electronic business processes

Processes that a business organization conducts over a computer-mediated network. Business organizations include any for-profit, governmental, or nonprofit entity. Examples of on-line e-business processes include the following:

* Purchasing

* Selling

* Vendor-managed inventory

* Production management

* Logistics

* Communication and Support Services such as on-line training and recruiting

What is E business and E commerce?

The term E-business refers to a business doing commerce through the internet, via a website or virtual storefront where the company puts information about product and services for their customers and conducts commercial transactions. According to the previous contributor to this question, having a website "will increase the worth and credibility of any organization."

E-commerce is a more general term referring to the overall arena of commerce on the internet.

How e-commerce affects flexibility?

You can sell or buy items online at anytime. you can go online and buy a product without even having contact with anyone.

Buissness benefit from this as the description of the pproducts are online and images and the postage and packaging is paid for buy postal companies like fedex.

JB.

Advantages of e-commerce?

Venturing into ecommerce can cost quite a bit of time (and sometimes capital) upfront, but it is a great opportunity for any business with a product or service to sell to consumers. Ecommerce allows you to reach an audience broader than those in you local area. It also generally costs less to maintain than a brick & mortar establishment. If you're not ready or comfortable to start your own standalone ecommerce site, there are plenty of online marketplaces where you can "get your feet wet" selling your products on the web. Etsy, Amazon and eBay are just a few examples of these.

What's the best Ecommerce App Development CompanyConsidering all aspects and from customer point of view, Appshunts is one of the best mobile app development & ecommerce app development company in Jaiur, India.?

As an IT company, we all types of software and IT services to all types of industry. Tech Saga develops exceptionally original e-commerce website development services for small and mid-scale businesses of industry verticals viz. real estate, healthcare, apparel, retail, and more. Our experienced and professional eCommerce application development team committed to delivering your application within your budget and time.

E-Commerce trade cycle details?

Trade cycle has to support :

1. Finding goods or services appropriate to therequirement and agreeing the terms of trade.

2.Placing the order, taking delivery andmaking payment.

3.After-sale activities such as Warranties,services etc.

What are the benefits of java for the development of e-commerce portals for customers and suppliers like partsEdge?

JAVA is excellent at security and transaction management, which are achieved by EJB (Enterprise Java Beans ).As EJB is only one distributed technology used for business processing of an organization efficiently. It is more faster as compared to other technologies.

What is inter-organizational e-commerce?

Inter-organisational e-commerce are those e-commerce in which work is done more than one organisation through internet. in which one organisation sharing the ideas and transfer the data to another organisation.

How does E-commerce benefit companies?

The Internet has created a new economic ecosystem, the e-commerce marketplace, and it has become the virtual main street of the world. Providing a quick and convenient way of exchanging goods and services both regionally and globally, e-commerce has boomed. Today, e-commerce has grown into a huge industry with US online retail generating $175B in revenues in 2007, with consumer-driven (B2C) online transactions impacting industries from travel services to consumer electronics, from books and media distribution to sports & fitness. With more than 70% of Americans using the Internet on a daily basis for private and/or business use and the rest of the world also beginning to catch on, e-commerce's global growth curve is not likely to taper off anytime soon. However, the US recession has taken its toll on online sales. Although early 2008 estimates by Forrester Research were very strong with 2008 revenues upwards of $204B (a 17% growth rate), 2008 holiday sales showed the first decrease in the last 7 years. Research by ComScore shows sales declining by 1% for the first 49 days of the holiday season.

In the last decade, many startup e-commerce companies have rapidly stolen market share from traditional retailers and service providers, pressuring these established traditional players to deploy their own commerce websites or to alter company strategy in retaliation. This effect is most pronounced in travel services and consumer electronics. According to comScore, online leisure travel bookings reached about $51B in 2005, or 44% of all online sales, which were around $122B in the same year. Roughly 30% of all travel bookings currently occur online. Consumer electronics, which includes the purchase of digital cameras, mobile phones, and home PC's, accounted for nearly $26B of worldwide e-commerce sales occurring in 2006, according to the NPD Group. As traditional brick and mortar firms continue to lose market share to e-commerce players, they will likely see continued declines in their revenues, operating margins, and profits. It is important to note that most e-commerce players are at a competitive advantage to retailers. They have lower operating expenses and better inventory management due to operating in a virtual commerce environment. For example, amazon has revenue per employee of nearly $850k while its retail counterpart, best buy, generates revenue per employee of only $270k. Clearly, e-commerce vendors will have the most to gain if they successfully disrupt retail customer acquisition, disinter mediate distributors/resellers, and under-price retail establishments. As a consequence of e-commerce vendor gains, financial transaction processors and parcel shipping companies are among ancillary vendors who will gain.

Many e-commerce websites have established their leadership positions through low prices, high customer satisfaction, and convenient interfaces--but that position is becoming less and less unique. The largest retailers, such as Wal-Mart, Target, and Best Buy are pressing harder to gain market share online. The inroads the click-and-mortar retailers have been making is evident in recent come data, which shows the unique user traffic at the aforementioned sites increasing at greater year-over-year rates vs. pure e-commerce players. Those pure play e-tailers that develop and deploy the most unique web technologies to enhance consumer experiences and keep prices competitive will be in the best position to ward, off the click-and-mortar convoy.

What are Forces fueling E Commerce?

  • Economic Forces
  • Market Forces
  • Technology Forces

Which is the best eCommerce application in PHP?

According to Top Ecommerce app development company WooCommerce is one of the best free ecommerce platforms that’s based on PHP programming language. It is an extension of WordPress CMS made by Jigoshop. WooCommerce commands more than 30% of the global market share. It can be easily installed even by a beginner while setting it up on any PHP Host is just a matter of seconds.. If you are using Cloudways, WooCommerce can be installed with just a single click. you can also make a WooCommerce multi-vendor marketplace with powerful SEO features. As it is used by more than 4 million retailers, it offers a huge repository of themes and plugins.