Articles tagged with: Business Model
Given the rapid growth in technology and its influencing capability on the business marketing model, one has to wonder whether there is still a basis for human. The answer to this question lies within the definition of marketing. If we are to accept that marketing is the sale of goods and services to other people or organizations, then we have to believe that human interaction is at the heart of any marketing ability. It would be very amazing indeed where there was a computerized system that was able to carry …
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).
It is the mainly essential and mainly straightforward kind of E-business Model. Purchasers and vendors interrelate directly. This is fairly accepted in B2C dealings. Merchants systematize online index of products, get orders throughout their websites, admit payments in a safe environment and propel items to the patrons. They can also stock up and direct client information in databases. A storefront sculpts uses the shopping lug technology which lets clients to accumulate things that they want to purchase during shopping. For example Books, playthings, gifts and plants etc…
In this …