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Advantages & Disadvantages of M-commerce

The advantages of m-commerce are :                             1. Providing wider reach. 2. Reducing transaction cost 3. Streamline business   processes. 4. Competitive pricing. 5. Reducing time to order. 6. Purely personal 7. Secure 8. Location and time independent The disadvantages of m-commerce are : 1. Technology constraints of mobile devices (memory,    Processing power, display capabilities, input methods) 2. User interface is often difficult to learn how to use. 3. Use of graphics limited 4. WAP and SMS limited to small number of characters and   Text. 5. Limited bandwidth  6. Small screens of most devices still limit types of file and                      data transfer . 7. WAP and SMS limited to small number of characters and         text.  8. C...

e-commerce notes

Seven Unique Features of E-commerce 1) Ubiquity-Internet is available everywhere.The marketplace is extended beyond traditional boundaries and is removed from temporal and geographic location.Customer convenience is enhanced,and shopping costs are reduced. 2) Global reach-The technology reaches across national boundaries.The marketspace includes potentially billions of consumers and millions of businesses world-wide.commerce is enabled across cultural and national boundaries seamlessly and without modification. 3)Universal standards-There is one set of technology standards.with one set of technical standards across the globe,disparate computer systems can easily communicate with one another. 4)Richness-Video,audio and text messages are possible.Video,audio and text marketing messages are integrated into a single marketing message and consumer experience. 5)Interactivity-The technology works through interaction with the user.consumer are engaged in a dialog that dynamically a...

INTERNET

Internet is defined interconnected network of  thousands of network and millions of computers linking business, educational institutions, govt. agencies and individuals together. The word internet itself has been derived from the word '' inter-network .'' World Wide Web is one of the most popular service that provide access to billions of pages. Internet has evolved in the last 40-50 years. The history of internet can be divided into 3 Phases- 1.Innovativeness (1961 - 1974) 2.Institutionalization (1975 - 1995) 3.Commercialization (1995 - till date ) 1. THE INNOVATIVENESS PHASE :       In the innovation phase the fundamental buildings blogs of internet where conceptualized. Some of the building blogs are : Client server computing. Communication protocol i.e Transmission control protocol or Internet protocol. Techniques like packet switching. The original purpose of internet was to link together the main frames and other computer in different computers. ...

e-commerce notes

HYPERTEXT TRANSFER PROTOCOL(HTTP) HTTP is the communication standards used to transfer pages on the web.For example-when we type a web address in our browser,such as http://www.sec.gov,our/ browser sends an HTTP request to the sec.gov server requesting the home page of the same.        HTTP is the first set of letters at the start of every web address,followed by the domain name,that specifies the organization's server that is storing the document.Most of the companies have same or closely related domain name.The directory path and document name are two more pieces of information within the web address that help the browser to track down the requested page.Together the address is called a UNIFORM RESOURCE LOCATOR(URL).When typed into a browser,a URL tells the browser software exactly where to look for the required information. For example in the following URL.               hhtp://www.m...

How M-Commerce works?

The transaction starts from the lady, whose on the phone making transactions through phone, then the transaction takes place from merchant , then to merchant bank , then to processing bank through internet payment is being processed from consumer bank.

understanding the concept of E Commerce

Understanding the concept of E-Commerce E-Commerce involves three inter related themes. 1) technology 2) business 3) Society Technology includes internet, computer, modem, internet service provider, websites, web servers, networks, client person.  Business-  While technology provides infrastructure, business application provides potential prospects  of Return on Investment. The technology has provided new ways for organizing productions and doing transactions, the basic concept like knowledge of electronic markets, business models, industry of value market, consumer behavior in the E-market should be understood. Society - The primary societal issues like intellectual property, individual privacy and the public policy should be understood.