Electronic commerce is narrowly defined as buying and selling products/services
over the Internet. The concept has been broadened to include all business activities
of a sales cycle. The distinction between Ecommerce and E-business has become blurred.
Ecommerce and Electronic Commerce has been used interchangeably, Electronic Business,
however, has not been a widely accepted terminology.
David Kosiur described the Components of Electronic Commerce in three dimensions
(Processes, Institutions and Networks) in his 1997 book Understanding Electronic
Commerce. We expand Institutions as Ecommerce Players, Networks as Technologies
and add Markets as the fourth dimension of Ecommerce.
Business Activities (Processes) of a sales life cycle
Technologies for automating sales life cycle
- Regulations (Government Agencies)
- E-Learning, online learning or distance learning
- Online Trading and financial services
- Online Dating Services
The fifth possible dimension is market segments by geographical regions.
Benefits of Ecommerce - digitalization and networking
History of Ecommerce
Future of Ecommerce
Electronic Data Interchange (EDI) - Overview and Standards
Key success factors in e-commerce
Ecommerce Product suitability - What Sells Best Online?