Sunday, 1 January 2017

What is E-Commerce? Application of E-commerce use in Daily Life

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E-commerce means Electronic commerce (EC) is buying and selling of goods and services or transfer money funds, data, information also exchanging of product through computer network and internet. A Person transfer information and data anytime in world in easy way. Also selling and purchasing anything in the world through in internet using with help of eCommerce. 

Application of  E-Commerce 

1- Electronic Shopping
Due to help of Electronic Commerce People Purchase anything of daily life purchase or shop available at home without traveling and physically appearance of shopping Mall. Many manufactures and Company selling their product on internet. People can browse the website place an order and even pay payment using credit card or debit card. This way made has a very easy shopping and time saving.
Some Popular Shopping Website.
ww.Amazon.com
www.Ebay.com
www.Netfix.com
Top 5 online Shopping Website in Pakistan
www.Daraz.pk
www.Homeshopping.pk
Symbios.pk
www.Shophive.com
www.ishopping.pk
2-Conducting Auctions
Many websites provide the facility of auction. People participate in the auction to purchase a product. They can also pay the price using their credit cards etc. a popular website that provides this facility is eBay.
3-Electronic Banking
Now’s days many banks provides facility of online banking using your computer laptop or Mobile connect bank computer system via internet control your account and deal with daily financial dealing at home. Transfer money and funds and check balance. Some banks also introduced mobile apps you can install in your mobile and control transacting in very easy way. It reduced your staff and building and made your work efficient.
4-Online Business
Some people run business online with the help of e commerce make website where sell some product such as cloth, shoes, bikes, vehicle, and some electronic products. Customer visit this website sell product and pay payment through credit card.
5-Marketing and Advertising
E-commerce is playing an important part to market and advertise products all over the world. The use of popular websites can be an effective way of introducing a product to the customers.
6-Customer services
Businessmen can interact with their customers using the internet. They can discuss different issues about their products. They can also deal with their complaints and provide different services to them.
7-Online Travel Reservations
Online seat reserving is best future of e-commerce it provides the facility to people can reserve seat airline flight, hotels, buses or car using the internet.
8-Online Trading
Online trading is a process of conducting business using the internet. The stockbrokers can do all trading activities electronically. They can submit and receive bids using computers. They can also interconnect with computer screens where brokers match buyers with sellers. It reduces the cost as no paper or special building is required to conduct these activities.
9-Video Conferencing
Video conferencing is a type of conferencing in which video cameras and microphones are used for discussions. It provides an environment of normal meeting. It enables participants to see, hear and present material to one another as if they are in the same room. Video conferencing can speed up business process and procedures.
10-Marketing and Advertising
E-commerce is playing an important part to market and advertise products all over the world. The use of popular websites can be an effective way of introducing a product to the customers.



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