Explain various features of e-commerce.
Answers
Answer:
they have 7 unique features
ubiquity , global reach, universal standards , richness , interactivity, information density,personalization
Answer:
Introduction
What is E-commerce? E-commerce is a business model or a larger business model that allows companies or individuals through the electronic network and is usually the type of business segments in the internet. E-commerce is also can do business it can provide a new way to companies of all sizes to create new relationships and extended relational operations on the basis of the now, website and network activity. E-commerce levels the playing field for any organization that chooses to participate, small or large. In addition, also can buy or sell goods and products on the internet. Can any trades through electronic measures can be the electronic commerce, and without using any paper documents, electronic commerce is subdivided into three categories: business to business in B2B, business to consumer or B2C and consumer to consumer or C2C. E-commerce includes a full variety of pre-sale and customer service activities.
What is B2B (Business To Business)? B2B is a type of between manufacturers and wholesalers or wholesalers and retailers. Business to business refers to the business between the company rather than the company and personal consumption. What is B2C (Business to Customer)? B2C is also the trading between consumers. For example, to promote their products or services to the users directly between business and transaction. What is C2C (Customer to Customer)? C2C is the promotion and interaction between benefit and customer. Customer to customer is to provide location and talk to people, exchange and trading with other people.
Answer of Question 1
Every one of e-commerce has become a household name. There are known to have different calculations or e-commerce tools, we should learn our computers, using mobile Internet terms, and it is readily waiting for your attention. A main feature of e-commerce through commercial transactions is making money on the Internet. Today, you do not need to travel to meet people in the e-commerce retailers, manufacturers and consumers a whole new world. People have come to realize, the need for it, and start to enjoy it.
I chose www.ridefourever.com website. In E-e-commerce e-commerce site types are 7 unique features, such as the Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization.
Seven Unique features of E-commerce
Ubiquity- The traditional business market is a physical place, access to treatment by means of document circulation. For example, clothes and shoes are usually directed to encourage customers to go somewhere to buy. E-commerce is ubiquitous meaning that it can be everywhere. E-commerce is the worlds reduce cognitive energy required to complete the task.
Global Reach- E-commerce allows business transactions on the cross country bound can be more convenient and more effective as compared with the traditional commerce. On the e-commerce businesses potential market scale is roughly equivalent to the network the size of the world’s population.
Universal Standards- E-commerce technologies is an unusual feature, is the technical standard of the Internet, so to carry out the technical standard of e-commerce is shared by all countries around the world standard. Standard can greatly affect the market entry cost and considering the cost of the goods on the market. The standard can make technology business existing become more easily, which can reduce the cost, technique of indirect costs in addition can set the electronic commerce website 10$ / month.
Richness- Advertising and branding are an important part of commerce. E-commerce can deliver video, audio, animation, billboards, signs and etc. However, it’s about as rich as television technology.
Interactivity- Twentieth Century electronic commerce business technology is called interactive, so they allow for two-way communication between businesses and consumers.
Information Density- The density of information the Internet has greatly improved, as long as the total amou