Wednesday, March 6, 2013

ROLE OF E-COMMERCE IN BUSINESS

 E-Commerce can be defined as a modern business methodology that addresses the needs of organizations, merchants, and consumers to cut costs while improving the quality of goods and services and increasing the speed of service delivery. E-Commerce is a new way of managing, conducting and executing business transactions using computer and telecommunications networks.

E-commerce is one of the easiest means of doing business as the development of E-Commerce that has made it possible to reduce the cost of promotion of products and services. The business and commerce cannot be separated, because the main purpose of business concern is to earn profit and to make profit it is necessary to do buying and selling which is integral part of commerce, so now the E-Commerce plays a vital role in business.

E-Commerce that will be not only enabling you to reach new customers, but it can also make it easier and faster for you to do business with your existing customer base. There are many major different types of E-Commerce namely Business-to-business (B2B), Business-to-consumer (B2C), Business-to-government (B2G), Consumer-to-consumer (C2C), Mobile commerce (m-commerce). The role of E-Commerce in companies has obviously taking those to higher levels. Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance.

For more details about integrating eCommerce, please feel free to contact Prevaj Consultants at prevaj@prevajconsultants.com or call +91-8144760745