{"id":55,"date":"2022-04-11T11:24:31","date_gmt":"2022-04-11T11:24:31","guid":{"rendered":"https:\/\/www.dgillc.online\/?p=55"},"modified":"2022-07-26T14:59:15","modified_gmt":"2022-07-26T14:59:15","slug":"e-commerce","status":"publish","type":"post","link":"https:\/\/www.dgillc.omegastudies.in\/?p=55","title":{"rendered":"E\u2013Commerce"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"55\" class=\"elementor elementor-55\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b621daa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b621daa\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b157615\" data-id=\"3b157615\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10ed5f26 elementor-widget elementor-widget-text-editor\" data-id=\"10ed5f26\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.8.0 - 30-10-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- \/wp:image -->\n<figcaption class=\"blocks-gallery-caption\">E-Commerce is a basic economic activity involving trading or the buying and selling of goods (according to standard dictionaries). For example, a customer enters a bookshop, examines the books, selects a book, and pays for it. To fulfill the customer requirement, the bookshop needs to carry out other commercial transactions and business functions such as managing the supply chain, providing logistic support, handling payments, etc<\/figcaption>\n<\/figure>\n<!-- \/wp:gallery --><!-- wp:heading -->\n<h2>Introduction<\/h2>\n<!-- \/wp:heading --><!-- wp:paragraph -->\n<p>As we enter the electronic age, an obvious question is whether these commercial transactions and business functions can be carried out electronically. In general, this means that no paperwork is involved, nor is any physical contact necessary. This is often referred to as electronic commerce (e-commerce). The earliest example of e-commerce is electronic funds transfer This allows financial institutions to transfer funds between one another in a secure and efficient manner. Later, electronic data interchange (EDI) was introduced to facilitate inter business transactions. However, early EDI systems were typically operated over special networks that are complex to set up and costly to administer. For these reasons, EDI has not been as widely deployed as expected. With the advent of internet technologies and advanced cryptographic techniques, it is now feasible to implement e-commerce over a public network &#8211; the Internet. The development of the World Wide Web (www) greatly accelerates the development of e-commerce and expands its scope to cover different types of applications. In this chapter, we will give an introduction to e-commerce by discussing some primary concepts, advantages, and frameworks.<\/p>\n<!-- \/wp:paragraph --><!-- wp:paragraph -->\n<p><strong>Some interesting comments on e-commerce: <\/strong><\/p>\n<!-- \/wp:paragraph --><!-- wp:gallery {\"linkTo\":\"none\"} -->\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped\"><!-- wp:image {\"id\":59,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" class=\"wp-image-59\" src=\"https:\/\/www.dgillc.online\/wp-content\/uploads\/2022\/04\/website4-2-1024x683.webp\" alt=\"\" srcset=\"https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/04\/website4-2-1024x683.webp 1024w, https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/04\/website4-2-300x200.webp 300w, https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/04\/website4-2-768x513.webp 768w, https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/04\/website4-2.webp 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<!-- \/wp:image --><\/figure>\n<!-- \/wp:gallery --><!-- wp:paragraph -->\n<p>E-commerce is the smartest way of doing business. You ask your customers to do the work for you such as filling in the order forms, checking the order status and downloading the product themselves so that you can save huge costs and manpower. Furthermore, they do not make any complaints and even think that you have done excellent work for them. Can you think of anything smarter than this? E-commerce is changing the traditional way of measuring business performance. People no longer look at the profit and loss account any more. Instead, the future value of a company becomes the major concern. As long as an e-commerce business \u201cmakes sense\u201d (it does not need to \u201cmake cents\u201d), it may still be backed by numerous investors. Many e-commerce companies are \u201cburning money\u201d. There has even been the invention of a new term called \u201cburn rate\u201d to measure how \u201cwell\u201d a company manages its e-commerce business. In order to survive, the business focus is not \u201chow to make money quickly\u201d but \u201chow to burn money slowly\u201d. In both traditional commerce and e-commerce, companies and investors care about earning per share (EPS), but in a totally different way In traditional commerce, investors care whether the EPS of a company is positive. In e-commerce, they care whether the EPS is negative. If the EPS is too positive, it may indicate that the company is too conservative (i.e., not aggressrve enough). E-commerce is about focus. Many dotcoms (e-commerce companies are usually called dotcoms) sell only one product and infact the company name may also be the product name. E-commerce relies heavily on IP: Innovation and People or Investment and Partnership.<\/p>\n<!-- \/wp:paragraph -->\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1fd10ad elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1fd10ad\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1800bc5\" data-id=\"1800bc5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd399aa elementor-widget elementor-widget-text-editor\" data-id=\"dd399aa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3>Why choose us for your Ecommerce website?<\/h3>\n<p>If you are considering to start selling your products online and not sure of which shopping software to use, \u00a0give us a call. Let us explain the pros and cons of different available platforms. We not only can recommend\u00a0the best online shopping platform for you we can\u00a0also guide you in linking your site to PayPal or your own credit card processing gateway for payment processing.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-217\" src=\"https:\/\/www.the-geeks.online\/wp-content\/uploads\/2022\/07\/the-geeks-300x69.png\" alt=\"\" width=\"300\" height=\"69\" srcset=\"https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/07\/the-geeks-300x69.png 300w, https:\/\/www.dgillc.omegastudies.in\/wp-content\/uploads\/2022\/07\/the-geeks.png 705w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Our experienced staff will help you create and train you on how to upload 1000s of your products to your online website store easily.\u00a0 Once the site is completed, we will train you on how to operate it to process orders and do fulfillment of all orders. Our approach is a Turn-Key E-commerce website store where we will take care of everything.\u00a0We offer the most compatible prices without compromising the quality. SO speak with us to check our offerings.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>E-Commerce is a basic economic activity involving trading or the buying and selling of goods (according to standard dictionaries). For example, a customer enters a bookshop, examines the books, selects a book, and pays for it. To fulfill the customer requirement, the bookshop needs to carry out other commercial transactions and business functions such as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-55","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/posts\/55","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55"}],"version-history":[{"count":8,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/posts\/55\/revisions"}],"predecessor-version":[{"id":1111,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=\/wp\/v2\/posts\/55\/revisions\/1111"}],"wp:attachment":[{"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dgillc.omegastudies.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}