Ecommerce :Ecommerce Electronic commerce is a general term for the conduct of business with assistance of telecommunications, and telecommunication based tool. It has the potential to transform many industries. The seamless application of information and communication technology from its point of origin to its end point along the entire value chain of the business process. E-commerce is changing the way the companies do business today i.e. in easy and fast way for corporations to electronic data interchange has evolved vitally into a business tool. It does not mean online shopping. it is the small part. It also includes online stock bond transactions downloading and software. It is the smooth flow of information.


Types of Ecommerce :Types of Ecommerce 1)Business to business: A wholesaler may sell products to the retailer (online stores offer to vendors) 2)Business to customers: It is for the customers to buy stores from the web. (pdt catalogue, select pdts & complete the order online) 3)Customers to customers: for ex: in sites like auctions sites, one can virtually sell and buy any goods. (old houses) 4)Customers to business: for ex: site like price line.com which allows prospective airline travelers, tourists in need of hotel reservations etc. 5)Business to employees: concerned with more with marketing a corporation’s internal process more efficiently.


Features :Features Improve Responsiveness (biz know how) Expedites and streamlines reporting (timely information flow) Coordinates sale efforts Effectiveness and efficiency Close contact with clients Planning and execution of meetings


Traditional commerce :Traditional commerce Manual Method Lots of paperwork Fund can transfer only through purchasing and selling product Time consuming and less efficient Difficult to spread business allover the world Delay in finalizing transaction Higher labour cost Single task is perform Personalized transaction


Electronic commerce :Electronic commerce Automates manual No paper work \ paperless exchange. Virtual Product promotion with Global products for comparison. Fund can be transfer from EDI, E fund or other network based technology Increased productivity and efficiency wider choice No delay in finalizing transaction of EDI, Email Low labour cost Multiple task can be perform Personalized transaction


E com and business :E com and business Online Promotion: Here the site can take the user through the purchasing decisions by allowing them to choose colour and size of the pdt and its cost also. Online ordering: here the user is given secure name and password and by which they initiate pdt delivery. (price inf) Electronic shopping: the product is selected and is purchased by the credit cards.


Future of E com :Future of E com Intrusion detection, Intrusion protection, Hard ware firewalls for secured financial transactions. Unless and until the cyber security norms are not proper (Completely secured) the success of e-commerce is suspicious.