Characteristics of E-Commerce
access to global market
potential cost reduction
closer links with the customers
increased competition/wider customer choice
Types of E-Commerce
two business engage in transactions using electronic means
e.g. supermarket placing orders with their wholesales
business offers employees certain services/information electronically
e.g. HR system to apply for holidays or training courses
where the business offers products/ services via electronic means
consumers buy and sell to each other
e.g. websites offering online auctions such as eBay or Adverts
The use of electronic platforms to conduct business.
: more specific, refers to where a transaction has occurred (something bought/sold).
: transactions conducted via mobile technology.
: any business done using electronic means