Examples of
E-commerce
1. Online Shopping
Buying and selling goods on the Internet is one
of the most popular examples of e-commerce. Sellers create storefronts that are
the online equivalents of retail outlets.
Buyers browse and purchase products with mouse clicks. Though Amazon.com is not the pioneer of
online shopping, it is arguably the most famous online shopping destination.
2. Electronic
Payments
When you are buying goods online, there needs to
be a mechanism to pay online too. That
is where payment processors and payment gateways come into the picture. Electronic payments reduce the inefficiency
associated with writing and mailing checks.
It also does away with many of the safety issues that arise due to
payment made in currency notes.
3. Online Auctions
When you think online auction, you will think of
eBay. Physical auctions predate online
auctions, but the Internet made auctions accessible to a large number of buyers
and sellers. Online auctions are an efficient mechanism for price
discovery. Many buyers find the auction
shopping mechanism much interesting than regular storefront shopping.
4. Internet Banking
Today it is possible for you to perform the
entire gamut of banking operations without visiting a physical bank
branch. Interfacing of websites with
bank accounts, and by extension credit cards, was the biggest driver of e-commerce.
5. Online Ticketing
Air tickets, movie tickets, train tickets, play
tickets, tickets to sporting events, and just about any kind of tickets can be
booked online. Online ticketing does
away with the need to queue up at ticket counters.
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