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What is E-Commerce:
It is the process by which a web site can become a tremendous asset to one's company. It can earn money and represent your company at the same time. For the last few years, web sites were chiefly a means for an individual to do no more than view information about a company, send e-mail and fill out an on-line form. E-Commerce enables a company to sell products and services from beginning to end, and on-line. This whole process gives a web site new functionality. Patrons can now browse through products and services, choose items, pay securely and even make delivery arrangements. The "shopping cart" system allows viewers to make purchases, including taxes, and arrange delivery. A secure server with a secure link to a merchant takes the credit information and then processes everything on-line. Orders can then be forwarded to a warehouse point.
Benefits of E-Commerce:
Having E-Commerce makes your companies products available to the world 24 hours a day, 7 days a week. Compared to having a retail outlet or purchasing a new office, the cost of set up is reasonably low. It can be integrated into your infrastructureat small financial expense. The advantages of doing business via E-Commerce are, that processing is faster, there is less printed material, customer service and communication is faster and more responsive and pricing on-line is flexible and controllable. When you promote your products world-wide, you are also promoting your company. With a high quality web site, you can compete directly with some of the biggest corporate names already out there irrelevant of your company size. When you invest in E-Commerce, you are investing in the future of your company.
Making Purchases on the Net is:
- convenient
- time efficient
- easy (sales calls are not necessary)
- fast and secure with the use of a secure server link
- a catalyst for business growth
- profitable: reach a larger global base with reduced operational expenses
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E-COMMERCE
