F.A.Q

"Electronic commerce"... What does it mean?

1. The term "electronic commerce" has gradually changed from its bare notion of electronic shopping to mean all aspects of business and market processes enabled by the Internet and the through Web storefronts. Products being traded may be physical products such as used cars or services (e.g. arranging trips, online medical consultation, and remote education). More and more, they include digital products such as news, audio and video, database, software and all types of knowledge-based products
   
   
2. E-Commerce As a Way of Trading. exactly defined, electronic commerce means running business online or selling and buying products and services through Web storefronts. Products being traded may be physical products such as used cars or services (e.g. arranging trips, online medical consultation, and remote education). More and more, they include digital products such as news, audio and video, database, software and all types of knowledge-based products
   
   
3. E-Commerce As a Market. Electronic commerce is not limited to buying and selling products online. For example, a neighborhood store can open an online store and it will rule out geographical and time limits. But, with customers, it will also find its suppliers, accountants, payment services, agencies and competitors online. This online or digital partners required changes in the way we do business from production to the market, and they will influence companies who might think they are not part of electronic commerce. With online selling, electronic commerce will lead to important changes in the way products are customized, distributed and exchanged and the way consumers search for products and services and consume them.