E-commerce

652 Words3 Pages
E-commerce. Does this sounds familiar to you? Of course it does but most of us doesn’t really know and understand what is all about. We know that everything today is growing ‘e’ now but we really don’t know what does it mean by that. E-commerce means electronic commerce, which means that commerce, is now electronic. In general term, trading electronically or you can say trade on the internet is called e-commerce. This concept has been widely used in the market now, since last 2 years and almost each and every company is coming out with this new formula to stay in the market. Almost each and every superstore has their web site and facility to their customers to buy products online. In the 21st century each and every individual among us will be running out of time and nobody wants to go out to shop and waste 4 to 5 hours rather every one of us would prefer to shop online at the same price and get delivered at our door step. The electronic retail marketplace demands the highest attention to visual graphic design quality, coupled with the ability to construct an electronic catalog. This catalog must support multiple layouts and instant credit card transaction processing. There are certain advantages and disadvantages of trading on the net. Advantages ? One can buy each and every product sitting at home. ? It saves lot of time. ? Sometimes it saves lots of money too. For example, “ when I registered for this fall term I visited the book store and figured out that the total cost including all the books was $ 390 and when I surfed on the net, the same books I bought on the net for $ 320 including shipping and it was at my doorstep in two days. Thus, I saved 70 bucks sitting at home and saving my time.'; ? Also when the companies start their business they give lots of gifts and promotions for the customers who buy from their web site which one cannot find in stores at all the times. ? Even each and every newspaper in the market is now online so you don’t need to buy from the newstand and save the same money which you can use for different purpose. ? These shopping web sites also offer points towards everything that you purchase online and later on you can redeem this points to shop something free or use it towards your sky miles and fly free around the world.

More about E-commerce

Open Document