Online Business: Rehab Med Care

1933 Words8 Pages
E-Commerce Solution (Ability to Pay Online)

According to U.S. Census data, e-commerce sales are increasing at a rate faster than traditional offline retail sales, raking in approximately $190 billion in sales in 2011 (Beesley , 2012). This is one of the primary reasons why offline stores and business owners are using e- commerce as a means of expanding their business. Using the internet or other computer network to transact and facilitate any business is e-commerce. E-commerce may be in the form of online shopping, internet banking, online auctions, electronic payments, gathering and use of demographic data and security of business transactions to name a few. E-commerce can be divided into three forms. Business to Business (B2B) is the transaction online between two different business entities. Business to Consumer (B2C) is when online business sells goods and services to consumers online and Consumer to Consumer (C2C) is the selling of goods by an individual usually in the form of an auction to another individual. To help a company succeed in e-commerce, majority of the search engine websites and other companies offer e-commerce solutions or storefront solutions. E-commerce solutions or storefront solutions are tools or programs that help online sellers or service providers with their online store. Website creation, Domain name, secure shopping cart, catalog creation, payment gateway, e-mails accounts, analytics or reporting and mobility optimization are some examples of e-commerce solutions. Some companies like Yahoo and Google offer these solutions as a bundle while some companies offer them individually.
One indisputable fact about running an online business is that you can’t very well sell products over the Internet if you ...

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