E-Commerce key features
On this article you will get to know E-Commerce key features
Feature # 1. E-Commerce is Technology-Enabled:
Traditional commerce is happening since times immemorial. But, E-commerce is results of integration of digital technology. with business processes and commercial transactions. The technological foundations are internet, WWW and various protocols.
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Feature # 2. Technology Mediated:
In E-commerce buyers and sellers meet in cyber space instead of physical place. Hence E-commerce doesn’t involve face to face contact.
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Feature # 3. Universality:
Buying and selling happen through websites in E-Commerce. However, the websites are often accessed from anywhere round the globe at any time.
Feature # 4. Intercommunication:
E-commerce technology ensures two way communications between buyer and seller. On one hand by using E- commerce firms can communicate with customers through E-commerce enabled websites.
Feature # 5. Delivery of Information:
E-commerce is the simplest channel of communication. E-commerce technologies ensure speedy delivery of data at very low cost.
Feature # 6. Electronic Completion of Business Processes:
By using E- commerce we will perform business transactions like accounting and inventory through computers at global level.
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Feature # 7. Virtual Communities:
They are online communities created like chat rooms and specifically designed sites like. where people can interact with one another having common interest using the web.
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Feature # 8. Inter-Disciplinary in Nature:
Implementation of E-Commerce needs tons of data of managerial, technological issues. Besides this, understanding of consumer behavior, marketing tools and financial aspects is crucial. as designing interactive E- Commerce websites.
Feature # 9. Customization:
With the utilization of E-commerce technology, the planet is moving from mass-production to mass-customization. Product customization also ensures that goods are tailor made as per the preferences of consumers.
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