After I surf the websites by using Google search engine, I get to know more about the e-commerce. Electronic commerce (e-commerce) is a growing aspect of the business community. This formally is the use of digital transactions between and among businesses and individuals. Actually e-commerce is developed from Electronic Data Interchange (EDI). EDI is a set of standards developed in the 1960’s to exchange business information and do electronic transactions. But in 1992 when the Mosaic web-browser was made available, it was the first ‘point and click’ browser.
A major merger, in early 2000, between America Online (AOL) and Time Warner was another major push for electronic commerce. The merger, worth $350 million, brought together a major online company with a traditional company. Up to 2006, it is believed that companies in general will take mixed strategy of having stores online and offline in order to be successful. It can be seen that there will be a large growth in Business-to-Consumer (B2C) e-commerce, which online businesses is selling to individuals. However, even though B2C electronic commerce may be the most recognizable there are different varieties.
Today the largest electronic commerce is Business-to-Business (B2B). Businesses involved in B2B sell their goods to other businesses. Other varieties growing today include Consumer-to-Consumer (C2C) where consumers sell to each other, for example through auction sites. Peer-to-Peer (P2P) is another form of e-commerce that allows users to share resources and files directly.
Nowadays, there is a new term called Web 2.0. Web 2.0 is a term describing the trend in the use of World Wide Web technology and web design that aims to enhance creativity, information sharing, and, most notably, collaboration among users. Web 2.0 is the business revolution in the computer industry caused by the move to the Internet as platform, and an attempt to understand the rules for success on that new platform.
No comments:
Post a Comment