E-commerce is a commercial transaction that takes place
electronically over the internet. This revolutionary system allows anyone to
purchase goods from anywhere at any time in a secure system. E-commerce is
performed when two sides, a buyer and a seller do business and this usually
involves the sale of physical or digital goods. It allows anyone from around
the world to buy products from anywhere and is carried out using a credit or
debit card.
Online Shopping
(Ebay and Amazon)
One of the most used platforms for e-commerce is Amazon
which oversees transactions between buyers and sellers. It originally started
off as an online book shop but branched off to sell the millions of products
you can find today. Amazon works by connecting individual buyers and seller
from around the world and lets them do business their payment system.
Another well-known online shopping website is Ebay, this
works in a similar fashion with individual buyers and seller but with one large
difference, they use a service called PayPal to transfer the money from point A
to point B anonymously. This is when the buyer will give the details and money
to PayPal and they then will pass the money on to the seller with their
details. This system ensures no fraud and theft of account details will occur
and thus makes Ebay a viable and safe option for people.
The success of these two websites is also due to the fact
that they almost entirely run on trust and feedback. For example if somebody on
Ebay sells a product and while doing so they provide good communication, polite
service and they actually give the product described, they will as a result
receive a good review and therefore gain better reputation. The reputation of a
seller on amazon and Ebay is so vital because without good reputation nobody
will want to buy from them and no further sales will be made. This system
further ensures less fraud will occur due to the act only being able to take
place once per account made.
Click and collect
and Brick and click
These types of transactions involve the buyer purchasing and
item and them having to go and physically collect it as opposed to having it
mailed to them. This is still more convenient for some as it allows the
avoidance and large aisles and the amount of time it takes to find a specific item.
Furthermore companies like Argos use this service a lot and in turn it saves
them huge amounts of money on delivery costs. 
Brick
and click involves a physical store such as Sainsbury’s starting off as a store
and then moving to online services for people to order their shopping for it to
be delivered at the user’s convenience. This type of shopping allows people to
have the choice between a physical shopping experience and a virtual one.These Types of E-commerce can be very useful to people with a busy lifestyle and let those with a distance between them and the nearest store to relax and wait for their products. However much these further broaden the idea to people that it is good to stay indoors often and it takes away from a possible social aspect of shopping with friends and family. Furthermore if this type of shopping becomes even more popular it will mean less staff will be needed to maintain the physical shops because even less are needed to uphold a website and this in turn means less jobs to go around.
Sik m8 11/10 -ign
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