Electronic commerce
Electronic Commerce also known as (electronic marketing) e-commerce or eCommerce, comprises of the buying and selling of products or services over the Internet and other computer networks.. A huge percentage of e-commerce is conducted thorough electronically for virtual items like access to exclusive content on a website, but most e-commerce involves the shipment of physical items in some way. Online retailers are at times known as e-tailers and online retail is known as e-tail. Almost all big retailers have electronic commerce presence on their website.
E-commerce which takes place between businesses is referred to as business-to-business or B2B. B2B is open to all interested parties or limited to specific, pre-qualified participants I.e., the private electronic market. On the other hand, E-commerce that takes place between businesses and consumers is referred to as business-to-consumer or B2C. These type of e-commerce is conducted by companies such as ebay,amazon. E-commerce is generally considered to be the sales aspect of e-business. It also contains data exchange to expedite the financing and payment facets of the business transactions.
Business applications
Some common applications related to electronic commerce are the following:
- Instant Messaging
- Newsgroups
- Enterprise Content Management
- Online Shopping
- Order Tracking
- Online Banking
- Online Office Suites
- Teleconferencing
- E-tickets
- Shopping Cart software
- Domestic & International Payment Systems.
Models
A Business model is defined as the organization of product, service and information flows, and the source of revenues and benefits for suppliers and customers. The concept of e-business model is the same but used in the online presence. The following is a list of the currently most adopted e-business models:
- E-shops
- E-commerce
- E-procurement
- E-malls
- E-auctions
PayPal
PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce. PayPal is an e-commerce business which allows payments and money transfers to be made through the internet. PayPal serves as an electronic surrogate to ancestral paper methods like cheques and money orders. A retailer can fund the paypal account through an electronic debit (Direct Debit or ECS) from a bank account or by a dredit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account.
At iblue, We develop interactive web solutions to cater every customer's needs. We use advanced content management systems like Joomla! For development and for updation purposes. There is no universal e-commerce shopping cart software and different shopping carts deal these problems in different ways. We adhere to a concept which provides optimal solution for most e-commerce projects.
X-cart shopping cart software is based on PHP templates which makes it very flexible and easy to make changes and the datas are stored in MySQL database server. It is designed with a CSS-based layout and installation is handled by web-based step-by-step wizard to make the software up and running immediately after installation. A rich e-commerce shopping cart software with robust features is a key to online business success and the potential can be multiplied many times if supported by coherent resources and services and X-cart provides exactly the same options.
X-cart is compatible with PayPal, Google Checkout, 2CO, UPS Ready, FedEx, DHL, WorldPay, Canada POStT, Australia POST, United States Postal Service, Protx and Intershipper.
