E-commerce Explained

E-Commerce is way of doing business transactions electronically.  The word electronically in this context means that in E-Commerce business transactions gets completed via electronic medium. This electronic medium mostly uses computers on Internet. The transaction may also be done through a mobile device, smartphone, iPad, Kindle, Android Tablet then it is mobile commerce. Mobile commerce is a subset of E-Commerce.

Several simple example of E-Commerce includes:
An individual purchases a book on Internet
An individual withdraws funds from ATM
A retailer orders merchandise using an EDI network or suppliers extranet
An individual or business calls a toll free number and orders the requirements using the seller’s interactive telephone system.
A manager orders office supplies for his office using Internet on a commercial website set-up for the seller.
An individual reserves a travel ticket or a room in a hotel using the Internet by surfing the related website using a few clicks of mouse.

A Complex examples could be:
A student visits the website of a bookstore on Internet and makes inquiries about the availability of an out of stock book. The bookstore employee receives the the enquiry and sources a digital copy of the book and responds to the enquiry with the  option and costs. The student agrees and uses a payment processor to pay for download and the book store employee gives the student a key to download the digital book. The bookstore employee harvests the students contact details and areas of interest and adds to a database which will email customers when books of possible interest arrive in the store or are put on sale.

E-Commerce transactions are great for small business as well as large because payment is made before goods are made available for digital download. The only things you should be aware of is:

a) Ensuring that your payment processor links are set-up properly

b) Ensuring that your server for the sales page and downloads is not going to crash because of  bandwidth or data transfer issues with your hosting company, or limitations in your own server set-up.

c) Ensuring that money back guarantee’s are honoured in a timely and friendly manner.

Remember, when you enter the world of digital downloads and E-Commerce that you expose yourself to the wiles of hackers and internet criminals. Ensure you have updated, anti-virus and malware plus I recommend the Avast Internet Security Suite, they have a free program if you want to check it out here http://www.avast.com/index, but any of the numerous anti-virus programs out there will provide you with protection, if you keep it up to date.  This precaution will help protect your financial information from others, who have no right to it. You can play your part as well by changing your passwords to critical accounts and sites.

To facilitate E-Commerce requires you to possess  an attitude that is open to change, innovation etc. Security of information is good if you take the precautions mentioned above and the quality of the product can usually be ascertained by going to forums that discuss the product or products of that type.


Combine Cable Services From Your Local Supplier

In most places in the world your television is now digital, so if you haven’t switched yet you will be looking at snow on your screen, unless of course you are viewing cable TV, then you don’t you don’t have to run out and buy new equipment or more ‘stuff”, the transition is taken care of for you. Digital television pictures are crisper in definition and the colour palette is superior to the old RGB system, and cable digital TV is not subject to the pixelation that can occur in certain weather conditions with free to air or satellite offerings.

Added benefits when it comes to digital television are that you get to enjoy a far wider range of programming from sport, to films, to current affairs to comedy, even your hobbies, history, documentaries and the kids have their own dedicated channels. In some sectors such as sports, movies and kids there are a number of competing offerings on the same cable network.

Then there is DVR, one of the greatest perks of digital cable is Digital Video Recording. you can save a whole season and play it back on those cold or wet weekends that TV was made for. It’s easy to schedule recordings so you never miss a show. Digital cable is in my opinion the best way to receive television available, but apart from that it is possible to save money by getting multiple service packages through your digital cable company.

These include:

Digital phone services. Packages include voicemail, caller id and call waiting, 1800 numbers that enable your kids or other significant people to contact you a zero cost. More recently the mobile phone has become a platform for email and internet services.

High Speed Cable Internet. Many people find it surprising that a cable modem can compete with a T1. This is possible because you are not sharing the cable, therefore you get the benefit of getting the speed that is advertise rather then the poor imitation provided by Wifi, Satellite and Phone line Internet Service Providers (ISP’s).  This means you can be realistically involved in multiplayer online gaming, movie downloads, uploading video and photo collections, linking into your university, college or high school educational and social opportunities, video and audio chat as well as surfing and emails served to you smoothly and clearly week after week and month after month. High Speed Cable Internet takes internet usage out of the realm of the nerd and gives it value for each family member.

A recent addition to the cable stable, please don’t applaud it comes naturally, are premium services. For example:

Premium Movies. Usually those that have just finished their cinema runs but are not yet released on DVD, can be had as premium channels or on a Pay Per View (PPV) basis.

Sporting Events. Pro Wrestling and Boxing, plus the finals of minor sports fall into this category and can be purchased as PPV.

AGM’s of Major Companies. These events are paid for by the company as a service to shareholders, some utilise Voice Over Internet Protocol (VOIP) to make these shareholder meetings interactive.

Both these sets of services are available from providers using both satellite and cable, in my view cable provides a much more stable system, but availability may also affect your choice.

Finally don’t forget the advantages of bundling, some companies offer 20 – 30% discounts when you bundle TV, Internet and Phone services together so inquire before you buy.