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Ecommerce relates to the buying, selling and general business work conducted over the internet. This might include businesses specializing in electronic funds, online marketing, data collection and supply chain management, with transactions and deals primarily taking place through email, e-books and mobile phone technology. Electronic commerce is estimated to have generated sales of roughly £12.2 billion dollars in 2003. Even if a company is traditionally based and run, e-commerce can improve many factors of business: it can provide a faster and more secure method for customer ordering through online credit card payments, more advanced security and encryption technology, stronger national and international infrastructures, and a streamlining of production and distribution to a wider audience. E-commerce solutions should make any business a more focused and diverse, expanding customer base through websites, online advertising and increased flexibility. Many companies exist to install or advise on e-commerce solutions, most notably ITQ Solutions, Red2, Actinic and Lynx Internet.
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You should most definitely consider it. Many traditional businesses have or are transitioning online as it allows for business process automation and is highly scalable. Even the software to help you sell online is getting easier and cheaper. I just opened a store up for free at www.bigcommerce.com and it was so much easier than any other shopping cart i have tried.
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answered 4 months ago
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