Short e-commerce for electronic commerce is doing online business.Which involves buying and selling products with credit cards or digital cash through the transfer of data between companies using networks such as the Internet.
What is E-Commerce ?
More specifically, e-commerce is a combination of tools and methods that include Internet technologies that allow a company to maintain and improve business relationships with consumers and other businesses.
However, in general, if we use any type of electronic device Such as telephone, fax or other such device, in receiving orders and sending catalogs.We are deemed to be using electronic business techniques.
However, the real meaning of e-commerce is a business on the Internet.Which is to open a retail store on the Internet in various ways.Where everything from product selection to bill payment is done online.The final volume of e-commerce is over 4 4 billion annually.The online business on the internet is not a very expensive investment in this time.It is estimated that in the near future, about 25% of traditional businesses will be converted to Internet businesses.
Trends:
E-commerce is an information technology trend that is growing rapidly in the business world.The corporate and business world, with the help of the IT industry, has already moved on.The recent estimates that it will exceed 400 billion this year.
As we begin to heat up global e-commerce in Pakistan.We must realize that about 78% of e-commerce activity takes place in the United States.Which is obviously driven by the use of the Internet in this country.As of January 2000, more than 1101 million people worldwide have access to the Internet, compared to 279 million.
Internet User in Pakistan:
The number of internet users all over the world is increasing day by day and the same trend is with Pakistan.In 1995, the number of Internet users in the world was about 16 million, but now in 2008 it has reached a maximum of 1400 million.This shows that the use of the Internet is increasing with each passing minute and will increase even faster.
In 1995, about 01% of Pakistan's population used the Internet, but in 2008 the rate was higher and now it is about 14.1% of the total population.People in Pakistan are slowly becoming aware of the fact that doing business on the Internet is less expensive and more profitable.
However, Pakistan can make good use of this opportunity with proper planning and implementation.
To get started, let's focus on the domestic front before heading into the global market.
Offer improvements and productivity to bring it to a better level.It also allows our business people to test their web business and marketing skills before entering international markets.E-commerce is not for everyone but for those who understand it.Still, e-commerce is not a technology.
Business Levels:
At the individual level, this is purely a business matter.At the government level, it is a matter of providing infrastructure for transactions on the Internet.E-commerce or business through the Internet is becoming a very popular way of doing business all over the world.Especially in the developed world.E-commerce is a broad term used to justify trading on the Internet.
However, most studies show that e-commerce goes through four stages.The first step is to create a website to let the world know about your existence.The website includes information about the company, products / services and other relevant information.Which can help visitors find out more about the hosts.
The second part, you ask to your customers to buy your products online.
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