- Electronic commerce,
commonly known as e-commerce, eCommerce or e-comm, refers to the
buying and selling of products or services over electronic systems
such as the Internet and other computer networks.
- Electronic commerce is
generally considered to be the sales aspect of e-business.
- Originally, electronic
commerce was identified as the facilitation of commercial
transactions electronically, using technology such as Electronic
Data Interchange (EDI) and Electronic Funds Transfer (EFT).
- Electronic Commerce is
the sale and procurement of supplies and services using information
- ECommerce is viewed as
a possibility for enabling Frictionless Commerce.
- E-commerce uses
internetworked computers to create and transform business
- The trend of
e-commerce transactions shows that B2B transactions increased from 8
billion U.S dollars.
- Electronic commerce
can be subdivided into four distinct categories: Business-to-
Business (B2B), Business-to-Consumer, Business-to-Administration,
and Consumer-to-Admin istration.
- The Internet economy
is a broader concept than e-commerce and e-business. It includes
e-commerce and e-business.
- B2B e-commerce is
simply defined as e-commerce between companies.
e-commerce, or commerce between companies and consumers, involves
customers gathering information.
e-commerce or B2G is generally defined as commerce between companies
and the public sector.
e-commerce or C2C is simply commerce between private individuals or
(C2B) transactions involve reverse auctions, which empower the
consumer to drive transactions.
- M-commerce (mobile
commerce) is the buying and selling of goods and services through
- E commerce is rising
at 12% annually in the U.S, and EU. It is expected that in the few
coming years the productivity gap between the European countries and
the United states will close rapidly.
- By most estimation
used, it has been found that over 95% e-commerce takes place in
developed countries, with Africa and Latin America combined
accounting for less than 1% of the total. Business to business (B2B)
transactions represents around 95% of all e-commerce transactions
- E-commerce which is
developing at a high rate in India can become a platform for
anti-competitive issues and agreements that can come up in the
future. Credits cards are the facilitators of E-commerce.
- Indian middle class of
288 million people is equal to the entire U.S. consumer base. This
makes India a real attractive market for e-commerce.
- The e-commerce market
in India was largely dominated by the online travel industry with
80% market share while electronic retail (E-Tailing) held second
spot with 6.48% market share.
- It is to be noted that
while e-commerce is expected to continue its remarkable growth, it
still represents only a small percentage of total retail sales.
- E-commerce is one of
the most important instruments of the economy. E-commerce Committee
(ISE/E2C) was established to catalyze and build awareness of
e-commerce in Egypt.
- The new web e-commerce
applications would include taking online payments using debit and
credit cards, and setting up and amending paperless direct debit
- The timing of
investment in e-commerce remains hotly debated in both the academic
and investment communities.
Entrepreneur who wants the
informations on "
Projects, Portal Developers, Consultants, Models, Investments, Report " can
E-Mail us to