E-Commerce \/E-Trade is the process of buying and selling goods creating market space between buyers and sellers through the internet.<\/p>\n
E-Trade may operate according to the following procedure.<\/strong> E-Trade operates in different ways.<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":" E-Commerce \/E-Trade is the process of buying and selling goods creating market space between buyers and sellers through the internet. E-Trade may operate according to the following procedure. \u2022 Buyers and sellers meet through the internet. \u2022 Organize trade transactions. \u2022 Activities of buying and selling goods take place. \u2022 Settle payments related to the […]<\/p>\n","protected":false},"author":842,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10,2399],"tags":[],"class_list":["post-5160","post","type-post","status-publish","format-standard","hentry","category-business-studies","category-unit-11-en-business-studies"],"acf":[],"yoast_head":"\n
\n\u2022 Buyers and sellers meet through the internet.
\n\u2022 Organize trade transactions.
\n\u2022 Activities of buying and selling goods take place.
\n\u2022 Settle payments related to the transaction.
\nThe businessmen, customers and the society benefit from e-trade.
\nBenefits to the businessman<\/strong>.
\n\u2022 Accelerates the transaction.
\n\u2022 Market expansion.
\n\u2022 Minimization of transaction cost.
\nBenefits to the customer.<\/strong>
\n\u2022 Greater opportunities to select goods.
\n\u2022 Ability to obtain what is ordered speedily.
\n\u2022 Comparatively low price levels of goods.
\nBenefits to the society<\/strong>.
\n\u2022 Higher standard of living.
\n\u2022 Opportunities to consume new goods.
\n\u2022 Possibility to co-ordinate trade transactions by connecting with different parties.
\nLimitations of e- trade.<\/strong>
\n\u2022 Difficulties in using the relevant instruments.
\n\u2022 Barriers to expansion.
\n\u2022 Problems related to security in use.<\/p>\n
\n\u2022 Business to Business (B 2 B)
\nTransactions between businesses through the internet.
\n\u2022 Business to customer (B 2 C)
\nSelling goods to the customer by the business through the internet.
\n\u2022 Customer to Customer (C 2 C)
\nA customer sells goods direct to another customer through the internet.
\n\u2022 Government to Citizen (G 2 C)<\/p>\n