E-commerce

E-commerce or electronic commerce is purchase and sale of goods,services, or the transferring  funds,information in  an electronic network, over the internet. These business transferring done through entities between business and consumer. The terms e-commerce and e-business are often used by people.E-tail is a term used to refer electronic transaction through  online shopping.

Origin of e-commerce can be dated back to 1960s,Electronic Data Interchange (EDI)  is used to share business related information between companies. In 1979, ASC X12 an American Institute created  a world wide standard for businesses to share records and information through internet networks. Individual users sharing electronic documents increased year by year from 1980s rapidly.

Applications like email, shopping carts, EDI,File Transfer Protocol and web services are done through E-commerce. This improved business activities by sending email for  advertisements which are usually seen in spam to consumers and other business authorities.it also includes sending e-newsletters to subscribers and more. Most of the companies trying to contact consumers directly through  online for advertising their products.

Merits of e-commerce:

• Availability.
• Speedy access.
• The huge market of goods and services for the consumer.
• Accessibility on wide international level.