Features of e-commerce as an electronic trading system

Electronic Trading | Refinitiv

 

features of e-commerce as an electronic trading system

Not so long ago, it was uncommon for companies to have websites. Today, e-commerce sees billions of dollars traded annually. No large company with any commercial presence can afford to be without a website. For many companies, their presence on the internet is their window to the world. Some companies operate solely as e-commerce businesses. Features of e-commerce as an electronic trading system, navigation menu It was a milestone in the course of improving China's electronic commerce legislation, and also marks the entering of China's rapid development stage for electronic commerce legislation. Development of e-commerce can be divided into two stages, which began in the mid 80 EDI and electronic commerce began in the early 90 's Internet e-commerce. Appears as early as the late 70 as enterprises e-commerce application system prototype electronic data interchange EDI (Electronic Data Interchange) and electronic funds transfer EFT, and practical EDI business has been greater .


The Seven Features of eCommerce | Bizfluent


Today, e-commerce sees billions of dollars traded annually. No large company with any commercial presence can afford to be without a website. For many companies, their presence on the internet is their window to the world. Some companies operate solely as e-commerce businesses.

While all websites are unique, there are seven elements that every website site should have to stay relevant and competitive. Provide Ubiquity to Increase Sales Ubiquity means that the commercial transaction or activity is available at any time from anywhere in the world. Today consumers rely heavily on their cell phones and tablets to access the internet. So make sure that your website is mobile friendly, features of e-commerce as an electronic trading system.

Having a responsive website that intuitively adapts to whatever device is accessing it provides a user friendly experience. Ensure Global Reach and Security E-commerce allows your company to reach consumers anywhere in the world.

Global reach, or world wide access, is the highest number of potential consumers a business can reach. Of course, when working globally, security is key. Security features should include a Secure Sockets Layer certificate that establishes secure connectivity, two-factor authentication, a firewall and a privacy policy. Have Universal Standards Universal standards mean that your website operates on standard platforms with agreed upon methods and systems.

One study showed that 76 percent of consumers say the most important characteristic of a website is its ease of use. The objective is to help shoppers get to what they want fast and without running into unnecessary features of e-commerce as an electronic trading system that can hinder their path to purchase.

Videos, text, pictures, sound and links can all enhance the customer experience. Make sure you have high-resolution photos and video. Feature multiple images to help customers get a better feel for your products.

Images make the sale, not text. Also make sure that all images load quickly to the page. Think About Interactivity Interactivity is the relationship a consumer has with your site.

It corresponds to face to face customer meetings in traditional business transactions. Increasing the amount of interactivity you have with a consumer lies, in part, on your ability to connect with them on an emotional level. This creates brand trust and loyalty. Features of e-commerce as an electronic trading system sure your social marketing efforts are linked to your e-commerce site.

Engage with your customers. Strike an Information Density Balance Information density is the amount of digestible material in a unit of computer screen, like a square inch. There is no right or wrong amount of information density to have on your website. One way to strike the right balance is to navigate your website as if you are a customer.

You might also ask a friend to do this and give you feedback.

 

 

features of e-commerce as an electronic trading system

 

Not so long ago, it was uncommon for companies to have websites. Today, e-commerce sees billions of dollars traded annually. No large company with any commercial presence can afford to be without a website. For many companies, their presence on the internet is their window to the world. Some companies operate solely as e-commerce businesses. Development of e-commerce can be divided into two stages, which began in the mid 80 EDI and electronic commerce began in the early 90 's Internet e-commerce. Appears as early as the late 70 as enterprises e-commerce application system prototype electronic data interchange EDI (Electronic Data Interchange) and electronic funds transfer EFT, and practical EDI business has been greater . Features of e-commerce as an electronic trading system, navigation menu It was a milestone in the course of improving China's electronic commerce legislation, and also marks the entering of China's rapid development stage for electronic commerce legislation.