A type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet. Electronic commerce operates in all four of the major market segments:

  • 1. Business to Business.

  • 2. Business to Consumer.

  • 3. Consumer to Consumer.

  • 4. Consumer to Business.

It can be thought of as a more advanced form of mail-order purchasing through a catalog. Almost any product or service can be offered via ecommerce, from books and music to financial services and plane tickets. Ecommerce has allowed firms to establish a market presence, or to enhance an existing market position, by providing a cheaper and more efficient distribution chain for their products or services.

Some Advantages Of Ecommerce For Consumers are:
  • Convenience. Ecommerce can take place 24 hours a day, seven days a week.

  • Selection. Many stores offer a wider array of products online than they do in their brick-and-mortar counterparts. And stores that exist only online may offer consumers a selection of goods that they otherwise could not access.

Shri Satya Technologies also deals in Ecommerce. We provide ecommerce at very economic cost.