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SpinDistribute.com Article Directory

The following article was published in our article directory on December 25, 2009.
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What Is E-Commerce?

Article Category: Internet

E-Commerce known as the Electronic Commerce is related to the procure and sale of goods and services over the internet. Performing any kind of commerce on the internet, which is appropriate to the sale of stuff with the assistance of websites and software is e-Commerce. It refers to the electronic transactions over the internet or other media devises like telephones, display screens, fax machines etc.

The significance of the Electronic Commerce or Electronic commerce has increased over the years because of the amasing rise in the usage of internet and other computer or electronic devices. Nearly all of the business in eCommerce is done automatically and with the assistance of websites. Information is provided on the internet about different stuff and gears but most of the times the shipping consists of physical items. Online buyer or retailer is known as e-tailer and online retail is recognized as e-tail. All the traders have the access to the World Wide Web (WWW).

Electronic commerce or e-business consists of the swapping of data in order to smooth the progress of the financing and payment feature of the business dealings. E-commerce has its narration and the meaning of this term has changed over the years due to the fast development of science and technology in particular in the field of Electronic Commerce. In the past, only the transactions of goods and services by electronic means were recognized as e-commerce.

Technologies like Electronic Exchange Data (EED) and Electronic Funds Transfer (EFT) were introduced in 1970's. At that time, only the exchange of documents and papers were included in e-business. Then in 1980's, e-commerce included the use of credit cards, ATM machines and telephone banking. By the end of 1990's this business became pretty popular worldwide and several companies started introducing and launching their businesses on internet. These days, several big and popular universal companies are offering their services and dealing with the exchange of commercial transactions through Electronic Commerce.

There are different forms of e-Commerce. Electronic Commerce provides you the facility to go to the related website as a shopper and in minutes you can buy whatever you want. You can purchase anything online from daily household needs, groceries, books to luxurious and premium stuff. Online banking is another example of e-Commerce; you can pay your bills online, transmit money and funds from one account to another all over the world, buy stocks and shares and get details linked to your account. You can also get to know your bill before the scheduled time by just visiting the related website. All this work can be done in just minutes instead of hours, which you would have to waste otherwise.

Big companies, institutions and corporations use the internet to exchange the financial data and to have a record of all the sale and purchase. It helps aiding the national and global business.

There are various advantages of e-commerce as you can buy any thing present in any part of the world in just countable minutes. It offers you the maximum handiness that you can make purchases all over the day without parting your homes and offices. Dealing and exchange of goods and services can be done in a limited time, thus it helps strengthen your business. Retailers can market their product internationally without the need of staff or any big store.

Through e-business you can also track the interests and preferences of your customers in order to increase the sale. Despite of several advantages it has some drawbacks too like people hesitate buying any good or thing online because they are not aware of the quality of that product. Imposition of taxes on online products is another reason of people's lack of interest towards it. Moreover, various people prefer buying things from the markets where they can visit themselves. Besides, all such technologies are meaningless for the person who does not have the access to internet. Nevertheless, the fact is that the demand and popularity of e-commerce is increasing day by day due to its versatile benefits.

Keywords: Pay Per Click, Search Engine Optimisation Manchester, eCommerce Manchester

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