What Is E-Commerce? What Are Online Portals? What Is E-Commerce Website Development?
“E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business”
E-commerce is a transaction of buying or selling on the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing,electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail.
Businessmen often try to monopolise markets and prefer loyal customers. This was largely not plausible due to the limited reach experienced earlier. Now, with the advent of technology, it is absolutely imperative that businessmen establish their selves on the internet inorder for them to succeed and grow and also to compete with their competitors as this enables them to have a better reach in the market. Even a person living in a remote village thousands of miles from a person’s store can buy his products as long as he has access to the Internet and a moderate payment and settlement system.
“Portal is a term, generally synonymous with gateway, for a World Wide Web site that is or proposes to be a major starting site for users when they get connected to the Web or that users tend to visit as an anchor site. There are general portals and specialized or niche portals”.
“An Online Portal refers to the webpage (or website) that provides users an entryway to a variety of information, tools, links, and more. Typically, online portals are designed to offer users an assortment of the most used types of information and services”.
A Web portal is most often a specially designed web site that brings information together from diverse sources in a uniform way. Usually, each information source gets its dedicated area on the page for displaying information (a port let) and often, the user can configure which ones to display”.Internet navigation sites like Yahoo, Info seek, MSN etc. are a few examples of web portals.
E-commerce website development is a term for any type of business or commercial transaction that involves the transfer of information across the Internet. This E-commerce portal development enables the creation of attractive web pages that are aesthetically designed to attract customers and succeed in the business world.Web development companies that offer web design services and template design services are the need of the hour today.
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