E Commerce stands for electronic commerce and caters to trading in goods and services through the electronic medium such as internet, mobile or any other computer network. It involves the use of Information and Communication Technology (ICT) and Electronic Funds Transfer (EFT) in making commerce between consumers and organizations, organization and organization or consumer and consumer. With the growing use of internet worldwide, Electronic Data Interchange (EDI) has also increased in humungous amounts and so has flourished e-commerce with the prolific virtual internet bazaar inside the digital world which is righty termed as e-malls.
The term “Electronic commerce” (or e-Commerce) refers to the use of an electronic medium to carry out commercial transactions. Most of the time, it refers to the sale of products via Internet, but the term ECommerce also covers purchasing mechanisms via Internet (for B-To-B).
A client who purchases on the Internet is called a cyberconsumer. E-Commerce is not only limited to online sales, but also covers:
- Preparation of estimates online
- Consulting of users
- Provision of an electronic catalog
- Access plan to point of sales
- Real-time management of product availability (stock)
- Online payment
- Delivery tracking
- After-sales service
Types of Electronic commerce :
there are six basic types of E Commerce
- Business-to-Business (B2B)
siness-to-Business (B2B) e-commerce encompasses all electronic transactions of goods or services conducted between companies. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce.
- Business-to-Consumer (B2C)
e Business-to-Consumer type of e-commerce is distinguished by the establishment of electronic business relationships between businesses and final consumers. It corresponds to the retail section of e-commerce, where traditional retail trade normally operates.
3. Consumer-to-Consumer (C2C)
Consumer-to-Consumer (C2C) type e-commerce encompasses all electronic transactions of goods or services conducted between consumers. Generally, these transactions are conducted through a third party, which provides the online platform where the transactions are actually carried out.
- Consumer-to-Business (C2B)
In C2B there is a complete reversal of the traditional sense of exchanging goods. This type of e-commerce is very common in crowd sourcing based projects. A large number of individuals make their services or products available for purchase for companies seeking precisely these types of services or products.
5 . Business-to-Administration (B2A)
This part of e-commerce encompasses all transactions conducted online between companies and public administration. This is an area that involves a large amount and a variety of services, particularly in areas such as fiscal, social security, employment, legal documents and registers, etc.
6. Consumer-to-Administration (C2A)
The Consumer-to-Administration model encompasses all electronic transactions conducted between individuals and public administration.
Examples of applications include:
- Education – disseminating information, distance learning, etc.
- Social Security – through the distribution of information, making payments, etc.
- Taxes – filing tax returns, payments, etc.
- Health – appointments, information about illnesses, payment of health services, etc.
Both models involving Public Administration (B2A and C2A) are strongly associated to the idea of efficiency and easy usability of the services provided to citizens by the government, with the support of information and communication technologies.
Word press Ecommerce
WordPress is a free and open-source content administration framework (CMS) in view of PHP and MySQL. WordPress is introduced on a web server that is either some portion of an Internet facilitating administration or a system have in its own privilege. The primary case might be an administration like WordPress.com, for instance, and the second case could be a PC running the product bundle WordPress.org. A nearby PC might be utilized for single-client testing and learning purposes. Highlights incorporate a module engineering and a layout framework. WordPress was utilized by over 27.5% of the main 10 million sites as of February 2017. WordPress is allegedly the most mainstream site administration or blogging framework being used on the Web, supporting more than 60 million sites.
WordPress clients may introduce and switch between various subjects. Topics permit clients to change the look and usefulness of a WordPress site without modifying the center code or site content. Each WordPress site requires no less than one subject to be available and each topic ought to be planned utilizing WordPress benchmarks with organized PHP, legitimate HTML (HyperText Markup Language), and Cascading Style Sheets (CSS).