Enabling a wide range of businesses in electronic commerce to sell their products or services including Books and CDs, Apparels & Sporting goods, Computers & Software, Music, Arts & Gifts, Automobiles, Banking & Finance, Insurance, Real Estate, Travel, Hotel, Entertainment etc.
In the ever-growing and changing world of technologies, the Internet offers tremendous advantages to businesses to conduct business via electronic media without investing a huge amount in physical infrastructure. Nowadays ecommerce is the buzzword of every business be it in the context of B2C (Business-2-Consumer) or B2B (Business-2-Business).
An ecommerce site can be as simple as a catalog page with a phone number, or as complex as a real-time credit card processing site where customers can place an order for goods which then get delivered to their doorstep. ecommerce merchants can range from small businesses with a few items for sale, to large on-line retailers like Amazon.com, to very large conglomerates like General Electric.
ecommerce benefits both the business and the customer. ecommerce has the potential to increase the speed, accuracy and efficiency of a business and personal transactions markedly.
B2C systems are those where a consumer interacts directly with the supplier's system through their own computers. It is simply electronic retailing using the Web as a medium to place orders for typical consumer goods such as books, CDs and, increasingly, travel arrangements.
B2C can also receive information such as share prices, insurance quotes, on-line newspapers, or weather forecasts. The supplier may be an existing retail outlet such as a high street store – this kind of business has very successfully used ecommerce to deliver services to customers.
B2B ecommerce is being driven from two sides. At the pragmatic level businesses are looking to use technology to develop improved ways of working and relationships with trading partners up and down the supply chain. At the other end of the spectrum are the eCommerce product and service providers who are developing new ideas and concepts and hoping that some will "fly".
Much of the attention given to B2B relates to e-Marketplaces and e-Exchanges, but most of the actual use of eCommerce is at a lower level in the eCommerce implementation cycle.
Typically, the B2B ecommerce system is used to