Submitted To: The seven unique features are Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization / Customization. Thus, the owner of the website gets a feedback. Some platforms offer to take care of everything for you, including hosting and updates. Looks like you’ve clipped this slide to already. By connecting shoppers to a virtually unlimited marketplace, it has transformed the way most retailers approach marketing, operations and logistics. 15 Must-Have Features for Ecommerce Sites. Learn vocabulary, terms, and more with flashcards, games, and other study tools. You can change your ad preferences anytime. The Unique Features of E-Commerce. Amazing features which must have in your ecommerce website, 12 Must Have Features For eCommerce Website, No public clipboards found for this slide. A product comparison feature on product pages can help them view features side-by-side, instead of flipping through many pages. Here you interact with the seller (Amazon), exchange data in form of pictures, text, address for delivery etc. Adil Riaz Siddiqi It’s the best shopping option for people who are always busy.2. Saqib Latif Contact us at 1-866-647-9218 or online. And the term “E-Commerce” obviously is more widespread It is easy to set up 2. E-commerce means electronic commerce. Ali Danial See our User Agreement and Privacy Policy. Create Targeted Communication . Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. A website following the B2B business model sells its products to an intermediate buyerwho then sells the product to the final customer. E-commerce is a popular term for electronic commerce or even internet commerce. E-commerce is a business model or a larger business model that allows companies or individuals through the electronic network and is usually the type of business segments in the internet. Some of the features of Online Business are as follows : 1. 1. The list of benefits is endless, even though actual retail is hard to replace because of the experience of shopping in a physical store. 6. On the one hand, it seems like it is the new kid on the block—one that will revolutionize the way business is transacted online. OuterBox is a web design company specializing in Ecommerce Web Design. using e-commerce to satisfy their communication and business needs. Imagine making huge profits sitting right inside your room without having to shift yourself much. Oracle Commerce is a powerful ecommerce solution suitable for both B2B and B2C retailers. Most of this information is provided by vendors and does not cost anything to create or maintain. E-commerce is also can do business it can provide a new way to companies of all sizes to create new relationships and extended relational operations on the basis of the now, website and network activity. Scribd is the world's largest social reading and publishing site. There is a transaction risk 12. It offers all the things needed to run a retail site, effectively simplifying online store management. Here are 15 must-have features … Standardization Info. integration More price discovery opportunities. E-commerce allows people to create completely new business models. An e-commerce website also allows customers to post their comments regarding products and services. Enhances convenience: Customers can make orders for goods at their own convenience and from the comfort of their homes without having to travel to the business premise. There is no personal touch 9. Of course, when working globally, security is key. There are certain elements every ecommerce site should have to stay relevant and competitive. If you continue browsing the site, you agree to the use of cookies on this website. For example, while shopping online, an individual is able to view different angles of some items, add products into a virtual shopping cart, checkout by inputting his payment information and then sub… Online business receive subsidies from the government 7. E-commerce levels the playing field for any organization that chooses to participate, small or lar… He can use this feedback to improve the services and make them better. Product comparisons can improve a shopping experience — and increase sales. Start studying 8 unique features of e-commerce. Yesterday we posted a showcase of e-commerce sites with a minimal design approach. Consumers typically shop for similar features. In the type of e-commerce website, that has seven unique features in the website. Today E-commerce or Electronic Commerce has become a buzz word around the world, especially in developing countries like India, China and Brazil – where internet and computer connection continue to grow at a pretty healthy rate. No public clipboards found for this slide. Delivery of products takes time 11. Global reach, or world wide access, is the highest number of potential consumers a business can reach. Choose an e-commerce Web site and assess it in terms of the eight unique features of e-commerce technology described Which of the features does the site imp… Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. As a result, eCommerce technologies can adjust to each individual's experience. Submitted By: The name is self-explanatory, it is the meeting of buyers and sellers on the internet. Ecommerce software is a tool that drives all online store processes, helping owners manage inventory, add or remove products, process payments, compute taxes, and fulfill orders, among many others. Searching for “eCommerce,” “sell online,” or any variety of an “online store”-related keyword will bring up at least two to three dozen viable options for creating your own eCommerce business. As an example, a wholesaler places an order from a company's website and after receiving the consignment, sells the endproduct to the final customer who comes to buy the product at one of its retail outlets. There is also a high cost in staffing the order-taking department that answers the phone. This subject guide is designed to support you when studying the University of London BSc in Computing and Information Systems course unit Electronic Commerce. E-commerce has become a household name today which was more alien a decade back. Buyer and seller don’t meet 10. Clipping is a handy way to collect important slides you want to go back to later. Others provide the software and let you take care of the rest. E-name is used for this purpose. E-commerce is a strange animal. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Technologies used in eCommerce require consumer interactions in order to make an individual feel as though he is an active participant in the transaction process. This involves the transaction of goods and services, the transfer of funds and the exchange of data. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Keeping in touch with the customers also helps a business owner in the long run. The focus of an e-commerce site should be on the products that are available for purchase. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Now customize the name of a clipboard to store your clips. In a mail order company there is a high cost to printing and mailing catalogs that often end up in the trash. So when you log into your Amazon and purchase a book, this is a classic example of an e-commerce transaction. Features of E-Commerce Er.Sartaj Singh Bajwa. There are no geographical boundaries 3. On the other, its business model often seems identical to physical retail that has been around for centuries. E-commerce allows your company to reach consumers anywhere in the world. The subject guide consists of: Islmia University Of Bahwal Pur. If you continue browsing the site, you agree to the use of cookies on this website. If you continue browsing the site, you agree to the use of cookies on this website. A design that is extravagant for no legitimate reason will usually do more harm than good, as it will draw attention to the design of the site and away from the products. See our Privacy Policy and User Agreement for details. 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