E-COMMERCE   

Unique Feature of E-Commerce Technology

 
What Is Electronic Commerce

History of E-Commerce

E-Commerce Definition

Component of E-Commerce

Technology & Business

Why E-Commerce

E-Commerce Market Size & Trends

Unique Feature of E-Commerce Technology

Example of E-Commerce Enabling Business Goals

This Is How E-Commerce Works

Advantages of E-Commerce

Disadvantages of E-Commerce

Generating The Most E-Commerce Benefit

E-Commerce Issue

Some Common Terms

Future of E-Commerce

E-Commerce Glossary

 

 

The features the set E-Commerce Technology apart from others used in traditional commerce are:

1.Ubiquity – internet/web technology is available everywhere:  at work, home and elsewhere via mobile devices.

·        Marketplace extended beyond traditional boundaries

·        “Marketspace” is created, available 24/7/365

·        Customer convenience increased, costs reduced.

2.Global Reach – the technology reaches across national boundaries, around the earth.

Commerce enabled across cultural and national boundaries  seamlessly.

·        Potential customer reach extended.

·        Reduces barriers to markets.

3.Universal standards – there is one set of technology standards, namely internet standards.        

·        Promotes technology adoption

·        Reduces costs of adoption

4.Richness – Video, Audio, graphical and text messages are possible.             

·        Integration to a more powerful marketing message and customer experience

5.Interactivity – the technology allows active user involvement.

·        Consumers engage in dynamic dialog

·        Experience adjusted to the individual based on responses.

·        Customer becomes co-participant in the process of delivering goods to the market.

6.Information Density - the technology reduces information costs and increase quantity and quality.

·        Information processing, storage and communication costs drop dramatically.

·        Accuracy and timeliness improve greatly.

·        Information becomes plentiful, cheap and accurate.

7.Personalization/Customization – the technology reaches allows personalized messages to be delivered to individuals as well as groups.

·        Commerce enabled across cultural and national boundaries  seamlessly.

·        Potential customer reach extended.

·        Reduces barriers to markets.

E-COMMERCE               E-BILLING                E-PAYMENTS              E-BANKING               E-SHOPPING

E-ADVERTISING     WEB SITE DEVELOPMENT     INTERNET LAW     FUTURE OF E-COMMERCE

   
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