E-COMMERCEExample of E-Commerce Enabling Business Goals |
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What Is Electronic Commerce
E-Commerce Market Size & Trends Unique Feature of E-Commerce Technology Example of E-Commerce Enabling Business Goals |
Increase Revenues A company is able, through publishing its catalogs online, to reach more customers for the same costs as printing and mailing its catalogs. (LL Bean)
Decrease Costs The same company can provide more timely product information by updating its catalog online, than by mailing its catalog four times a year.
Well-suited for E-Commerce Business processes that are well-suited for electronic commerce: •Sale/purchase of new books and CDs •Online delivery of software •Advertising and promotion of travel services •Online tracking of shipments
The business processes that are especially well-suited to E-Commerce include Commodity items.
A Commodity is a product or service that has become so standardized and well-known that buyers cannot detect a difference in the offerings of various sellers and decide to buy based on price.
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E-COMMERCE E-BILLING E-PAYMENTS E-BANKING E-SHOPPINGE-ADVERTISING WEB SITE DEVELOPMENT INTERNET LAW FUTURE OF E-COMMERCE |
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