E-Commerce or natural philosophy Commerce may be a methodology of recent business that addresses the requirement of business organizations. This reference can take you thru easy and sensible approach whereas learning e-Commerce principles. This reference has been ready for the beginners to assist them perceive the essential to advanced ideas associated with e-Commerce. Before you begin doing apply with varied forms of examples given during this reference, i am creating Associate in Nursing assumption that you just area unit already aware of what's a market, buyers, sellers, a conventional commerce.
Non-Cash Payment − E-Commerce allows use of credit cards, debit cards, sensible cards, electronic fund transfer via bank's web site and alternative modes of natural philosophy payment.
24x7 Service convenience − E-Commerce automates business of enterprises and services provided by them to customers area unit obtainable anytime, anywhere. Here twenty fourx7 refers to 24 hours of every seven days of every week.
Advertising / promoting − E-Commerce will increase the reach of advertising of product and services of companies. It helps in higher promoting management of product / services.
Improved Sales − victimization E-Commerce, orders for the product are often generated any time, any wherever with none human intervention. By this fashion, dependencies to shop for a product cut back at massive and sales will increase.
Support − E-Commerce provides numerous ways that to supply pre sales and post sales help to supply higher services to customers.
Inventory Management − victimization E-Commerce, inventory management of product becomes automatic. Reports get generated instantly once needed. Product inventory management becomes terribly economical and simple to keep up.
Communication improvement − E-Commerce provides ways that for quicker, efficient, reliable communication with customers and partners.