WHAT IS E-COMERCE

An e-commerce solution for a business is the incorporation of all aspects of the business operation into an electronic format. Many well-established businesses have been selling online for years. When a business has incorporated an e-commerce solution, the business will experience a lower operation cost while at the same time increasing its profit.

Unwanted paper work will be eliminated in e-commerce. All paper work and data can be transferred into an electronic format. It will eliminate shelf-space and data can be searched and accessed in matter of seconds. E-commerce will also automate the sales process. Customers can point and click on the products they wish to purchase and the products will be shipped and received in a matter few days. Since it is technology based the Internet will provide the most recent data available.

There are various reasons as to why every business should incorporate an e-commerce solution in the business operation. They are to establish presence, to network, to make business information available, to serve customers, to heighten public interest, to release time sensitive material, to sell things, to reach a highly desirable demographic market, to open international market, to allow feed back from the customers, etc.

A clear analysis shows that an e-commerce solution wall benefit the business in every aspect. The implementation of an e-commerce solution will generate a brand new revenue stream, expand the market exposure and decrease the operation cost. Many fortunate companies have already adapted e-commerce into their business operation and they have started to establish their presence on the web.