What are the 8 features of e-commerce technology?

What are the 8 features of e-commerce technology?

Features of eCommerce Technology

• Interactivity.
• Personalization.
• Information Richness.
• Universal Standards.
• Ubiquity.
• Information Density.
• User-Generated Content.
• Global Reach.

What are some unique features of e-commerce technology?

The seven unique features are Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization / Customization.

What are the 7 features of e-commerce?

The Seven Features of eCommerce

• Provide Ubiquity to Increase Sales.
• Ensure Global Reach and Security.
• Have Universal Standards.
• Don’t Skimp on Richness.
• Think About Interactivity.
• Strike an Information Density Balance.

What are e-commerce technologies?

1.0 E-Commerce (Electronic Commerce) Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

What are the unique features of e-commerce and digital goods?

Unique features of e-commerce technology include ubiquity, global reach, universal technology standards, richness, interactivity, information density, capabilities for personalization and customization, and social technology.

What features of e-commerce are making it popular in India?

Core Features:

• Navigation Options: Use menu options for a simple categorization of the information that you intend to provide to your customers.
• Standard text and graphical content:
• Catalog Feature:
• Product Detail Feature:
• Simple and Advanced Search:
• Reliable Payment Gateway:
• Delivery Process:
• Refund and Cancellation:

Which is not a feature of e-commerce?

Solution(By Examveda Team) BPR is not a feature of eCommerce. Business process re-engineering is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization.

What are the new technologies of e-commerce?

4 New Technologies Making Waves in the E-commerce Sector

• Chatbots.
• Mobile Platforms.
• Augmented/Virtual Reality.
• Artificial Intelligence.

What is the role of technology in e-commerce?

Technology is the backbone of e-commerce. Not only does it help connect sellers and customer on mobile and web platforms, but also enables the effective management of customer orders, deliveries, returns and payments of purchased goods.

What are the unique features of e-commerce digital markets and digital goods quizlet?

Distinguishing features include reduced information asymmetry, search costs, transaction costs, and menu costs, along with the ability to change prices dynamically based on market conditions.

Which of the following is an eCommerce features?

“Option: (d), Advertising the product electronically. It helps the customer to buy the required product by being in one place and the product would be delivered to the customer place itself. In simple words it is the online shopping method. None of the other options was a valid feature of E-commerce.

Which of the below are the features of e-commerce?

Must-have features of every e-commerce website Your e-commerce website runs smoothly. Product pages contain sufficient information. Value is added with blog and media pages. The checkout process is easy and secure.

What are the key elements of e commerce business models?

These elements are value proposition, revenue model, market opportunity, competitive environment, competitive advantage, market strategy, organizational development, and management team.

What are the 4 models of e commerce?

Four Traditional Types of Ecommerce Business Models

• B2C – Business to consumer. B2C businesses sell to their end-user.
• B2B – Business to business. In a B2B business model, a business sells its product or service to another business.
• C2B – Consumer to business.
• C2C – Consumer to consumer.

What are the features of online business?

Features of Online Business

• It is easy to set up.
• There are no geographical boundaries.
• Much cheaper than traditional business.
• There are flexible business hours.
• Marketing strategies cost less.
• Online business receive subsidies from the government.
• There are a few security and integrity issues.
• There is no personal touch.

What are the technologies that support e-commerce?

General speaking, e-commerce supporting technologies can be divided into three categories:

• (1) Information display technologies which include Web, HTML, XML and Java technologies.
• (2) Information transmission technologies which consist of EDI, TCP/IP, WAP, WLAN and Bluetooth technologies.
• (3)

Which of the following are features of digital goods or information products?

Distinguishing features include reduced information asymmetry, search costs, transaction costs, and menu costs, along with the ability to change prices dynamically based on market conditions. Digital goods are goods that can be delivered over a digital network.