What Emerging Trends Can Be Seen By Entrepreneurs In Internet And E-commerce?

EMERGING TRENDS:
THE INTERNET:
This is the electronic era in which the machines are more reliable than the human resource. Through the Internet people  have  got  rapid access to any field of everyday life or to the businesses.  The tremendous impact that the internet is having on the global marketplace is very well known by all of us. Internet used by the small ventures is on the rise. They use it for a variety of operations: including customer based identification, advertising, consumer sales, business to business transactions, e-mail, and private internal networks for employees. Seventy eight (78%) of small venture owners with a website have declared the ability to reach new and potential customers as their main reason for having one.

THE E-COMMERCE CHALLENGE:
Electronic commerce (e-commerce) – the marketing, promoting, buying, and selling of goods and services electronically, particularly via the Internet – is the new wave in transacting business. E-Commerce encompasses various modes of Internet use:-

1-E-tailing (virtual store fronts), which is a site for shopping and making purchases.
2-Electronic data interchange (EDI), which is business-t-business exchange of data.
3-E-mail and computer faxing.
4-Business-to-business buying and selling.

5-Ensuring the security of data transactions