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Internet has become an important medium for doing global business based on the state of the art technology. Global business was conducted in a new way: electronically, using networks and the Internet. The availability of Internet has led to the development of E-Commerce (Electronic commerce),
What Is Electronic Commerce?
e-commerce, electronic commerce is the process by which businesses and consumers buy and sell goods and services through an electronic medium.
Electronic commerce emerged in the early 1990s, and its use has increased at a rapid rate. Today, the majority of companies have an online presence. In fact, having the ability to conduct business through the Internet has become a necessity. Everything from food and clothes to entertainment and furniture can be purchased online.
familiar examples of electronic commerce companies are Infibeam,Flipkart,Amazon and Ebay. these companies allow consumers to purchase a variety of goods and services online from businesses and other consumers, online auctions is also hosted. Consumers on these sites typically have various payment options online and cash on delivery, as well as choices for how their products are delivered.