E- Commerce

E commerce refers to the use of the internet and the web to transact business.

Features
1. Ubiquity:- Internet/ Web technology is available everywhere.

2. Global Reach:- Technology reaches across national boundaries around the earth. 3. Universal Standards:- There is one set of technology standards namely internet standards.

4. Richness:- Video, audio text messages are possible 5.Interactivity:- Technology works through interaction with the user. 6.Information Density:- Technology reduces information cost and raises quality 7. Personalization/ Customization:- Technology allows personalised messages to be delivered to individuals as well as the groups.

How E commerce Works?

The basic component of a e- commerce is a web site . Web site should be designed with proper care. The web is designed in Hyper Text Markup Language (HTML) The web once designed has to be placed in a server which is interconnected to similar ones world wide.

After the web site has been placed the address of the site has to be registered. The registration is available in the following categories .org- for organisation .gov- for government .com for others. Since it should catch the attention of the visitors it should be made possible in the search engines like yahoo.

Factors To Be Considered To Make E-commerce Successful

1. Mode of payment 2. Adequate Stock 3.Order confirmation 4.Select suitable mode of delivery 5. Easy Search ability 6.Exhibit Information clearly 7.Quickness.