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The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce

The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce

The Most Important Role of Internet in E-Commerce

Role of Internet in E-Commerce

Electronic Commerce is the process of doing business electronically.
E-commerce is the activity of buying or selling products on online services or over the Internet

Online Commerce started with the invention of Electronic Data Interchange (EDI), a form of electronic commerce, which deals with the electronic transmission of preformatted business transaction documents.
  • E-Commerce is not a single technology but a combination of sophisticated technologies and business services integrated to provide instant transaction and response to the consumer.
  • E-Commerce is a collection of technologies, processes and strategies.
  • E-Commerce is a business anywhere around the world at any time.
  • E-Commerce has become very popular after the invention of the Internet.
Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail. 

Typical e-commerce transactions include the purchase of online books (such as Amazon) and music purchases (music download in the form of digital distribution such as iTunes Store), and to a less extent, customized/personalized online liquor store inventory services. 

There are three areas of e-commerce: online retailing, electronic markets, and online auctions. E-commerce is supported by electronic business.

Basically Role of Internet

  1. yes, the Internet is very important for e-commerce businesses. If your website is too slow or their Internet is bad, they will not be able to enjoy your website and have a great “user experience”. Which means that the probability of not buying will be much higher than a fast and well-designed e-commerce website.
  2. E-commerce could not exist without the Internet. The Internet allows to have “e”-commerce otherwise it would have simply been commerce. It helps you to go on the Internet and buy or/and sell products/services anywhere you want.

Role of Internet in E-Commerce popularity:

Role of Internet in E-Commerce

Reach

Internet is available everywhere, this has made the E-Commerce application reach also everywhere.

Cost

Role of Internet in E-Commerce

Cost of Data Communication and Setting an E-Commerce is low due to low cost of internet services

Growth

Role of Internet in E-Commerce

Internet is a very popular network for data communication and every day thousands of people get connected which ultimately provide fast growth of E-Commerce activity.

Universality

Internet is a global network and available for any part of the world.
It has provided universal access to an organization for setting E-COMMERCE Activities and communicating with other business.

Reliable

Internet is a very reliable network in term of its working in spite of different types of devices and applications working on the internet at the same time the Internet have Nil down Time or Nil non-availability problems.

Performance

Role of Internet in E-Commerce

The Internet can handle any type of data video, audio, and text data.  It provides high performance in terms of handling different types of data and services. Thus It also improves the performance of E-Commerce.

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NEtechy: The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce
The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce
The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce The Most Important Role of Internet in E-Commerce - Three Areas of E-Commerce
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