Articles in the E-Commerce Category
E-Cash Payment System:
A company, DigiCash, has leaded the way the utilization of electronic cash or e-cash. Mystery of the purchaser is the key characteristic of this system. There are three members in it, namely, purchaser, mercantile and depository. Both, symmetric and asymmetric kind of cryptography is used in this scheme. Purchasers and mercantile, in cooperation, have accounts in the E-cash depository. Buyers pull out coins alongside their account and stock up them in e-cash wallet software (Cyber wallet) on their computer. Cyber wallet provisions and manages coins and records every …
Dimensions and goals of e-commerce websites differ thus a large amount of software and hardware goods are urbanized that can be utilized to create those web-sites. Nature of e-commerce software that an association wants is dependent on several factors. Normally all e-commerce software must at least offer a catalog display. It should have shopping cart facilities. It should also have the capability of transaction processing.
E-mail marketing can prove to be very important in e-commerce. It can be cheap & effective can provide instantaneous service. By opting e-mail marketing and e-commerce you are going to provide personalized services to your customers. It can be fast and efficient as you are using E-mail link. You can also inform customers about their order/shipment status. You can opt from different promotion techniques for promoting your products. Some of these options are discussed in this article.
To provide the strong base for successful business in today’s world, it is particularly essential to make the society competitive for emerging economy. This challenge is prevailed over with the help of revolutionary communication mediums.
Thus, e-commerce is proved to be an important component of business strategy and very strong channel of economic development over traditional way of business system. “Any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact is known as e-commerce, electronic commerce or electronic marketing”.
Electronic commerce is defined as a conduction of business transaction and communication over computers and internet networks. In simple words, electronic commerce can be described as selling and buying or products and services and transfer of business related commercial documents and funds through digital communications.
Electronic commerce also includes use of the internet and the World Wide Web for manufacturing, marketing, financial negotiations through Teleconferencing, File Transfer, Video Conferencing, interaction via electronic mail (e-mail).