E commerce

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29 Terms

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E-Commerce

A process of buying, selling, transferring, or exchanging products, services, & information via electronic networks & computers

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Internet Marketing

A process of planning, executing, distributing, promoting, and pricing of goods and services in a networked environment.

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E-Commerce Ecosytem

online ticketing

online deals

online marketplace

online retail

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Most Common Types Of E-Commerce

B2B

B2C

C2C

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Multistage Model For E-Commerce Enumeration

Search and identification

Selection and negotiation

After-sales service

Product and service delivery

Purchasing products and services electronically

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E-Commerce Challenges

Changing distribution systems and work processes

split-case distribution

Cyber security and avoiding e-commerce fraud

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Demand Planning

Forecasting the demand

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Supply Planning

Comparing forecasted demand to existing inventory

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Localization

The process of translating an online store into a new language and culture. It is to ensure a store caters to the new customers in a specific region.

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E-Commerce Applications Enumeration

Retail and wholesale

Marketing

Investment and Finance

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Web server platform

A combination of hardware and operating system software, is based of the technology infrastructure.

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Catalog Management

Include creating and maintaining product descriptions, setting prices, and managing inventory levels.

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Product Configuration

Software that enables businesses to sell and process orders for customizable products and services.

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Shopping Cart

A piece of software that facilitates the purchase of a product or service

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TPS

The TPS ensures that each transaction is successful by storing, sending and receiving information via database.

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internet

A Global network

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Extranet

A private network open to external parties

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Value-added network

send and share data with counterparties

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Virtual private network VPN

getting online but hiding your IP address

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Digital Certificates

Authentication helps organizations ensure that only trusted devices and users can connect to their networks

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Electronic Cash

Kept in electronic form

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Electronic Wallets

Electronic card which is used for transactions made online through a computer or a smartphone

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Threats to E-Commerce

Privacy issues

Fraud

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Domain Names

Unique easy to remember

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Meta Tags

HTML tags used to provide additional information about a page to search engines and other clients

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Traffic data Analysis

Intercepting and scaling messages in order to deduce information from patterns in communication

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Explicit

Clearly and in detail

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Implicit

Implied not directly expressed

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