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A survey on e-commerce

economie




Student: Chirtes Emilian-Claudiu

"Lucian Blaga" University


A survey on e-commerce





No matter what you sell and in what part of the country you live, anyone who has used the Internet even once probably has heard or read the term "electronic commerce". The term is self-explanatory; the numbers that usually accompany reports and news stories about the phenomenon show that it is a trend that is unstoppable. Whatever your experience with electronic commerce, there is probably one thing that anyone considering the Internet as a business venue should know: whether the analyses you read are filled with conservative or liberal estimates, the amount of money that the Internet can yield for the right entrepreneur is limitless.

The First E-Commerce was in 1 323n1320d 886, when a telegraph operator was able to obtain a shipment of watches that was refused by the local jeweller. Using the telegraph, he sold all the watches to fellow operators and railroad employees. Within a few months, he made enough money to quit his job and start his own store. The young man's name was Richard Sears, and his company later became Sears, Roebuck.


Definition of e-commerce

The term e-commerce is really a "catch-all" phrase that encompasses many concepts. According to Dictionary.COM, the term commerce is defined as follows: "The buying and selling of goods, especially on a large scale, as between cities or nations". This definition is straight forward and easy to understand. From here, we add the "e" for "electronic", and we derive the definition: "buying and selling of goods electronically". This typically means that orders and payments pass electronically.

From the technological standpoint electronic-commerce can be defined as doing business online, typically via the Web. It is also called "e-business," "e-tailing" and "I-commerce." Although in most cases e-commerce and e-business are synonymous, e-commerce implies that goods and services can be purchased online, whereas e-business might be used as more of an umbrella term for a total presence on the Web, which would naturally include the e-commerce (shopping) component. E-commerce may also refer to electronic data interchange (EDI), in which one company's computer queries and transmits purchase orders to another company's computer.

Categories of e-commerce

Detailed information about the product itself: the consumer can receive more information about the product, make a more informed decision greater information leads to more confidence to make a purchase decision more info also leads to enhanced customer satisfaction because the customers has a better idea how to use the product;


Price comparisons: when you have more choices you can decide on a product with better features at a more competitive price and sometimes products are less expensive online;


Detailed information about the vendor





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