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Electronic Commerce Electronic commerce (e-Commerce) describes the process of buying, selling,

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Electronic Commerce Electronic commerce (e-Commerce) describes the process of buying, selling, transferring, or exchanging products, services, and/or information through computer networks, principally the Internet (Turban et al., 2004). It is also refers to the process by which commerce is carried out using electronic means to conduct transaction between businesses, customers, individuals etc. Taking place online a person goes to the website of a company or person offering goods and services. Features of E-Commerce With the upgrade from Commerce to E-commerce by offering unique features that aren't in many stores. Theses features include: Ubiquity This is where ecommerce is basically available at all times and is everywhere, whether a …show more content…

For example, as in B2E portal, a company or organization Intranet or Extranet can be customized for each employee. It includes specific information and personalized data such as personal hyperlinks, stock quotes, sports scores and news clips. It could even include a video feed to their children's day care center.2 C2C – Consumer to Consumer This model provides a way for consumers to sell to each other, with the help of an online market maker. It is an Internet-enabled form of historical commerce in the form of barter, flea markets, swap meets, garage/yard sales and the like.1 In other words, consumers sell directly to other consumers. It includes any website where people are brought together to buy, sell, or trade. Online auction such as eBay.com is a perfect example of this business model. Another good example will be Craig-List.com in the USA. B2G – Business to Government As the name implies, there is a form of electronic businesses transactions between businesses and the government. In other words, government buys or provides goods, 15 services, or information to/from businesses or individual citizens. It may also involve transactions regarding various business licensing, legislative issues or reporting requirements. E-Commerce’s Benefits Considered below are the following uses or benefits in which Ecommerce benefit

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