E Commerce A Revolutionary Movement in the Market
Amity Law School, Amity University, Noida
Uttar Pradesh, India
Volume II – Issue IV, 2019
E-commerce or e-commerce enables consumers to electronically exchange items and ventures with no time or distance limit. More and more customers have moved from standard commerce to e-commerce because it is often faster and cheaper. Moreover, e-commerce offers more convenience and flexibility for the choice of altering items and services.
E-commerce is a business process by means of computer networks. A person sitting in his seat before a computer can access all Internet facilities to purchase or sell items.
Unlike conventional commerce that is physically carried out with a person’s efforts to fetch items, e-commerce enables the man to reduce physical work and save time. E-commerce, which began in the early 1990s, has taken a noteworthy step forward in the realm of computers, yet security has been a delay the development of e-commerce. Security is the challenge that e-commerce faces today, and a huge amount of progress has been made in the area of security.
The principle advantage of e-commerce over conventional commerce is that the user can browse online shops, compare prices and order items at home on his PC.
To increase the use of electronic commerce in developing countries, business-to-business e-commerce is being implemented to improve the access of developing country firms to worldwide markets. For a developing country, progress in e-commerce is essential. The research strategy demonstrates the importance of e-commerce in developing countries for commercial applications.
Keywords: E-commerce, market, internet, government.