Online Commerce (E-Commerce):
Online commerce adds a new method, similar to a mail order catalogue. The business’ sales department posts a Web site with an online catalogue. The buyer then selects items from the
online catalogue and makes the purchase, either online or by phoning or mail order. Although the buyer is really using an online catalogue, the metaphor of browsing a store with a shopping cart of most often used in e-commerce. This allows the customer to put items in the shopping cart to hold until checkout or when the purchase is finally made.
What are the necessities?
Just as in traditional commerce, especially that done by mail order, there are certain elements required to perform online business. You must :
Have an online catalogue or store
Promote your Web site presence
Have the capability to receive payments
Be able to deliver the item
Provide after-the-sale support
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