Electronic commerce-What is e-commerce with example?

Electronic commerce

It is also called e-commerce. It is a means of financial business transaction that can be done on an electronic network such as the Internet. If you have a computer, internet connection and any means of paying for the goods purchased or any such service is available, then you can be a competitor in e-commerce.
E-commerce has changed the way people do business. Time and distance disruptions have been virtually neutralized by this, which used to take a lot of time in traditional trade exchanges.

Trade exchanges can now take place immediately through commerce. This saves a lot of time for both the parties.
Through this you can buy any item or service on the web itself. For example flowers, books, ration items,computers, prescription drugs, music, movies, cars and airline tickets.

Today, three types of e-commerce are in operation: trade between customers or consumers, trade between consumer to consumer and trade between merchants. Business Two Consumers (consumer business or b to c and B2c) E- commerce involves selling your goods to ordinary people. A consumer (customer) does online business through an electronic store front. This electronic store front includes descriptions, graphics and shopping carts. Through this shopping cart the customer covers his purchased items.After the purchase is complete, the customer gives personal and financial data through a secure web connection.

Instead of buying goods from the merchant, consumers can also buy goods among themselves. For example, with an online auction facility, you bid on an item for sale. The highest bidder in the billing call buys the item. E-commerce is employed in consumer-to-consumer or C to c business as long as the consumer delivers the goods directly to others, such as online auction.

However, in most of the e-commerce merchants, it is called B to B (Business to Business) e-commerce. Traders often sell goods to other merchants – such as online advertising, recruiting, credit, sales market research, technical support and training.

E-commerce Chatting

Chatting is a very popular feature of the Internet. After typing back and forth, contact is established with someone in the world. There are two varieties of text based and multimedia chatting.

Text Based:

It is the oldest and popular method of chatting on the Internet. In it you can have chatting with one or more people. Internet relations make check shirts or lessons available immediately.

Multimedia:

Through this system, you can talk and speak, and you can establish contacts over the Internet via live video. But because voice and video transfer over the Internet at a slow speed, a high speed connection is necessary for multimedia paint.

E-commerce Instant message

There is also an instant facility for regulation of Eastand messages to communicate with your friends,colleagues or family members on the Internet. Whatever message you send will be displayed on the screen of another person immediately and that too will be able to reply immediately.

Many EastMand services also have the facility to alert you immediately – that is, a calendar appointment, stock market examples, weather information or a desire to know scores in sports can be done immediately. People can use instant messages on all types of computers including desktop computers, notebook computers, hand held computers and web enabled devices.

Instant messaging program for E-commerce

To instantly exchange messages with people, you have to have an instant messaging program installed on your computer. You should use the right program for instant message exchange with people. Internet messaging programs can be installed through the net.

Newsgroups for E-commerce

A newsgroup is an online area in which users can discuss and discuss a topic together. The message between the users of the newsgroup is interchangeable and thus the discussion continues. The entire collection of Internet groups is known as Usenet, in which thousands of newsgroups talk or discuss a large number of topics. The topics of some newsgroups are news, entertainment, business, science, and computers. Well there can be many subjects.

The computer that stores messages and sits in different groups is called a news server. Somewhere university,corporation, IS P., online services and other large organizations maintain news servers. There are also news groups which can only be used by authorized members. In this, you have to enter your username by first entering your password only then you can participate in the discussion.

Most browsers have a program called News Reader called Article from which you can access the newsgroup in which you can read previously sent messages. You can also add your article to it which is called posting. A news reader keeps track of your read or illiterate messages. Members of the newsgroup post replies quickly, answering a question in response to previous articles or expressing their views on the original article.

This reply encourages the author of the original article to post more additional articles. Where does a thread go to the original article and subsequent articles on it. A thread can be short-term and long-term, it all depends on the original topic and the interest of the contestants in discussing it.

You can find news reader in your interest by using news reader. To help you know which topics can be discussed, newsgroups in a particular newsgroup are identified by a systematic naming system. The main category is divided into one or several other subclasses. Each sub-class is divided on the basis of time. If you are interested in an entire group, then you can be a member of it That its location is protected by your news reader, which makes it easy for you to access it in future.

Sometimes the articles you post are sent immediately to the moderator instead of sending them to the displaying system in that newsgroup. In this moderator sub category, the moderator shows you only edited excerpts that seem relevant and meaningful for the ongoing discussion.