24 Comments. E-Commerce General Knowledge(GK) Multiple Choice Questions(MCQs) and Answers for competitive exams. Multimedia content can be considered both fuel and traffic for E-commerce applications. Make sure that their presentation is such that their features become the prime focus. It is the e-commerce development that has made it possible to reduce the cost of promotion of products and services. By Fiona Sanguinetti December 03, 2020 Web Development Advertising Disclosure. Don't Forget These Top 5 Things To Keep In Mind When Redesigning It, 5 Essential Components Of An E-Commerce Platform, 11th Global Intellectual Property Convention, PanIIT Conclave 2019 Artificial Intelligence. Also, don’t forget to use a corrective search bar to take care of misspelled words instead of displaying error messages. 4. Payment Option Icons; 4. It’s purpose is to express specific information or reinforce information in other media. Hence it is important that you build a reputation which lets your customers shop on your platform without worrying about security breaches. Offering them a fixed landline they can access 24/4 shows that you are a credible retailer hiding nothing from them. Understanding all of these components can be very difficult. © 2018 - SME Networks Pvt Ltd. All Rights Reserved. Though the benefits of E-commerce are many but creating a right user-friendly and secure platform for your e-commerce portal is also an art. 1.8 MULTIMEDIA CONTENT FOR E-COMMERCE APPLICATIONS Multimedia content can be considered both fuel and traffic for E-commerce applications. This is one of many articles that have recently been in mainstream B2B publications about E-Commerce. So, make sure that its design is easy to use and navigate. The basic core components … Besides your decision to buy SSL certificates, it is advantageous to have genuine user reviews on your e-commerce website. 1. WHAT IS COMMERCE According to Dictionary.com Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities. Since we understand the Business Services space deeply and have an extensive understanding of Marketing and Sales, we assist companies providing Business Services to market their services to their prospects. E-commerce, short for electronic-commerce, is “a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet”. Explain different applications of E-Commerce. Moreover, ensure that those images are easy and faster to load. Your e-commerce site needs to be designed and built for all … The three categories of E Commerce. This means that merchants would need to have a flexible website payment getaway involving discounts, multiple pricing points, and special pricing benefits. These short objective type questions with answers are very important for Board exams as well as competitive Exhibit B.1 identifies the major components of and several key issues affecting a viable e-commerce busi ness model. I am emphasizing the adjective genuine because some of us assume that stuffing their sites with false reviews will help them. Some of the infrastructure components of e-commerce include telecommunications/network technologies (wireless/wire transmission), multimedia applications, web page development, browser, data mining, security, EDI, database Importance of Multimedia in E-Commerce – Text is the most commonly used media for communication. By harnessing the power of the internet, electronic commerce has changed the way in which organisations conduct business. In almost all […], Social media has become the go-to place for people who […], A few years ago, over 90% of children had a computer […], Canine Coronavirus is a single win RNA virus with 6 to […], Electrolyte replacement is not just for players. Therefore, post high-quality photos that can allow your visitors to zoom through them to see and feel your products. It consists of business-to-consumer and business-to-business commerce as well as organizational transactions that support those activities. The second model, the electronic commerce component model (ECCM) developed by Chan and Swatman (1999), is a comprehensive model including E-commerce … An Awesome Website. Internet Commerce. According to BigCommerce , the average cost to build an online store in 1999 was about $100,000 — and that didn’t include purchasing inventory, a warehouse space or shipping logistics. Essentially when a customer is done selecting his items, he tends to proceed to checkout. Internet reaches national boundaries. The top components of a successful e-commerce marketplace consist of mobile-friendliness, availability of multiple payment options, etc. I hope with the ones I shared at your fingertips and in practice, you will have an exceptional, etc. e-Commerce and e-Business Legal and Regulatory Issues for the Information Economy e-Government; ICT and Education Genes, Technology and Policy: An Introduction to Biotechnology These e-primers are also available online at www.eprimers.org. The technical definition of Multimedia is the use of digital data in more than one format, such as the combination of text, audio, video and graphics in a computer file/document. The first impression that a customer would have about your website would be from the way your products are displayed on the landing page. 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