Website plan Essay Example | Topics and Well Written Essays - 2250 words

Website plan - Essay Example In fact, e-commerce is believed to the most important and attractive internet supported ideas appeared in the recent times. In this scenario, electronic commerce engages carrying out business over the web with the help of computers that are connected to each other in order to form a network. In simple words, ecommerce deals with selling and buying products and services and transferring funds by making use of digital communications (EcommerceEducation, 2007; Hendershot, 2013). In addition, both the trends e-commerce and e-business are used interchangeably. However, e-business is about the development of businesses which can be run on the Internet, or using Internet systems and technologies to enhance the profitability or productivity of a company. In other words, this term can be employed to explain some structure of electronic business: that is to say, a business that makes use of a computer. This practice is somewhat out-of-date, though, and in most of the cases e-business refers completely to an Internet based business. In this scenario, the most frequent use of this term is for demonstrating a business which offers and sells products and services online, an e-business allows a firm to get access to a huge customer base than some customary brick-and-mortar store could ever expect for. Additionally, e-commerce is believed to be a significant component of e-business. Moreover, e-business can as well make use of the Internet to obtain wholesale products o r supplies intended for in-house manufacturing. This side of e-business is occasionally recognized as online or e-procurement, as well as provides the businesses an excellent opportunity to reduce their costs radically. However, the majority of e-businesses that work without an electronic business platform at the present utilize e-procurement as a key mechanism to effectively track and run their purchasing (McGuigan, 2013). This report