Sunday, December 03, 2006



E-Commerce or Electronic commerce also referred to as EC, e-commerce or e commerce consists primarily of the distributing, buying, selling, marketing, and servicing of products or services over the Internet and other computer networks

Certain products/services appear more suitable for online sales while others remain more suitable for offline sales.

Many successful virtual companies deal with digital products, including information storage, retrieval, and modification, music, movies, office supplies, education, communication, software,paintings, photography, and financial transactions.

Eg: Google , ebay, Amazon, paypal

Virtual marketers can sell some non-digital products and services successfully. Items which can fit through a standard letterbox - such as music CDs, DVDs and books - are particularly suitable for a virtual marketer, and indeed Amazon.com, one of the few enduring companies, has historically concentrated on this field.

But in developed markets customers buy and sells big items like cars,online. Amazon and e-bay sells almost all items you can name.

Credit cards are the most popular means of sending payments on the internet, accounting for 90% of online purchases. Most merchants today process credit card transactions on site through arrangements made with commercial banks or credit cards companies






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