Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction’s lifecycle, although it can encompass a wider range of technologies such as e-mail as well.
As the world evolves, as technology progresses, change is the only constant around us. As is with business and the mode in which it is done these days. Gone are the days when a person had to travel and be physically present to strike a business deal. E commerce has simplified the process to a great extent. This saves on cost as well as is extremely convenient and is the most effective ways of doing business. Additional profits can be generated apart from delivering enhanced services to the clients by means of e-commerce.
ACS is a leading web development company in India providing business solutions that include effectual e-commerce solutions. As the current industry demand, we have derived upon a delivery model, which is instrumental in helping organizations cut costs, and stick to the highest quality standards. ACS can help you plan, implement, and maintain an e-commerce website, in tune with the industry requirements.
Electronic commerce that is conducted between businesses is referred to as business-to-business or B2B. B2B can be open to all interested parties (e.g. commodity exchange) or limited to specific, pre-qualified participants (private electronic market). Electronic commerce that is conducted between businesses and consumers, on the other hand, is referred to as business-to-consumer or B2C. This is the type of electronic commerce conducted by companies such as Amazon.com. Online shopping is a form of electronic commerce where the buyer is directly online to the seller’s computer usually via the internet. There is no intermediary service. The sale and purchase transaction is completed electronically and interactively in real-time such as Amazon.com for new books. If an intermediary is present, then the sale and purchase transaction is called electronic commerce such as eBay.com.
Magento is the eCommerce software platform for growth that promises to revolutionize the industry. Its modular architecture and unprecedented flexibility means your business is no longer constrained by your eCommerce platform. Magento is total control. Magento was a direct response to the emerging new needs of today’s online merchants. More than any feature or functionality what our clients really needed was “flexibility. “Our primary goal with Magento was to develop a platform that put the control back in the hands of the online merchant and placed no constraints on business processes and flow.
Magento is a feature-rich, professional open-source eCommerce solution that offers merchants complete flexibility and control over the look, content, and functionality of their online store. Magento’s intuitive administration interface contains powerful marketing, merchandising and content management tools to give merchants the power to create sites that are tailored to their unique business needs. Completely scalable and backed by an extensive support network, Magento offers companies the ultimate eCommerce solution.