Tuesday, October 14, 2008


Internet and E-commerce has become a vital part and parcel of everyday modern life. By the way, what is e-commerce? E-commerce or electronic commerce is the buying and selling of products and services on the Internet and in other words, it means online transaction!

Just like the real world commerce, e-commerce consists of retail shopping, banking, auctions, real estate transactions, airline and hotel booking, movie rentals etc and in a nutshell, nearly everything and anything ! All this with just a click of your mouse and sitting in the comfort of your home!

E-commerce has many other advantages too. Like for instance,the yearly fee for an e-commerce website is insignificant compared to the exorbitant property rental for a store in a mall. Moreover, the transactions are handled by software process, and does not require sales and other managing staff – at least not till the item is ready to be packed and shipped. As a consequence, real world businesses just cannot compete with their e-commerce counterparts!

Copyright © 2008 Laila Rajaratnam. All Rights Reserved

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