E-commerce Systems
E-Commerce
E-commerce (or eCommerce) is an abbreviation for ‘electronic commerce’, encompassing all activities that involve the purchasing and selling of goods and services on the Internet. Other common terms include e-business and e-tailing (derived from electronic retailing). Although e-Commerce is most often associated with buying goods over the World Wide Web, such as through virtual shops with online catalogues, the range of activites is much much larger.
Business conducted through email, electronic funds transfer, teleconferencing, electronic tickets, internet marketing, online transaction processing, electronic data interchange are all activities using the Internet for business. In addition, some business activities only exist online- such as the design of websites. Some businesses derive all their sales or their primary income from online, such as online gaming or social networking sites.
Although a large percentage of online sales is virtual (such as payment for premium content on a website or subscribing to an email service), much of e-commerce involves the sale of physical items online that are then delivered to the customer. This has spurred a huge industry in online retailing, as well as peer-to-peer selling (auction websites such as eBay). Another type of e-commerce is business-to-business (B2B), as opposed to business-to-consumer (B2C).
E-Commerce Systems
One example of an e-Commerce system is PowerSell. This system is a scalable eCommerce design solution incorporating a shopping cart system. This system is used to create a user-friendly online shopping experience, one that is as close as possible to real shopping.
As a result, customers can browse through a shopping ‘mall’, add items to their ‘basket’, then ‘checkout’ virtually. The checkout process involves an itemised list of items in the shopping cart with their individual prices and a total price for the selections. This includes freight charges and GST. Then the customer can proceed to pay in a secure online environment.