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Essay On Electronic Commerce

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The electronic commerce was first introduced by Michael Aldrich in 1979 in the form of teleshopping which means shopping from a remote location. The teleshopping used domestic television to view the products and the telephone line to order the products. Later the process changed and started to use computers with Internet connection for the online shopping and known by a new term Electronic Commerce or e-commerce. The e-commerce has increased the businesses by making huge money that would be impossible without e-commerce.The researchers say that e
-commerce has gained significant revenue in last few years and has resulted in substantial progress in development of e-commerce applications and websites.
This growth is such a remarkable and incredible for both the business-to-business (B2B) …show more content…

The market of e-commerce has been overtaken by the m-commerce which is also known as wireless e-commerce or mobile commerce because it needs only a mobile device which is wireless. The scope of m-commerce is far broader than that of e
-commerce because of its universality and ease of use. With the quick proliferation of mobile devices such as mobile phones, PDAs (Personal Digital Assistant) and handheld computers, mobile commerce is widely considered to be a driving force for next generation e-commerce.The term m-commerce or mobile commerce was first introduced in 1997 that meant “purchasing products or services online via wireless devices such as mobile phones or other handheld devices”. The other definitions are given below:“The mobile commerce is defined by the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology.”
“The delivery of trusted transaction services over mobile devices for the exchange of goods and services between consumers, merchants and financial

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