Electronic commerce

Electronic transactionIntroductionElectronic commerce,is also known as electronic marketing,consist of do work of buying,selling or exchanging products,services or information via computer network.The amount of trade conducted electronically grown extraordinarily with widespread Internet usage. Electronic commerce started to a greater extent than 20 years ago in the form of Electronic data Interexchange(EDI) and Electronic Funds Transfer(EFT) Followed in the 1980s by Automated storyteller Machine(ATM),teleph one banking and the extensive apply of on-line credit card transaction.There are one-third judgment in E-commerce such as brick-and-mortar,virtual, and click and mortar.The brick-and-mortar conceptThe brick-and-mortar is colligate to business enterprise that have physical presence which is rather than virtual or online.Furthermore,stores(physical material such as brick and mortar) that we rotter drive to end repose physically to touch,purchase and see the merchandise.I t is term as the basic for the click and mortar.The brick-and-mortar business is old-economy organization(corporation) that perform most of their business whithout network(off-line).It is selling physical product by means of physical agents.The vitual pure play organization(virtual)In e-commerce pure-play I give ear to organization that originated and does business purely through the internet.It has no physical store(brick-and-mortar) where customers can shop.Examples of large pure play companies are Amazon.com and Netflix.com.The click-and-mortar conceptThe click-and-mortar concept is come to to combination of traditional(brick-and-mortar) and online establishment,such as store,bank and website.Transaction can be initiated and finalized either at the website(click)or at the physical site(mortar)The transformation in organization(brick to click)Many of organizational structures of todays business were knowing more than 100 years ago when when computer-based information system were not available.Besides,information is really comparative and difficult to process.Plus,communition system is too old to use in daliy life.More than 10 years a ago Peter Drucker tell the coming of a new organizational type,an organization composed mostly of specific who discipline and direct their own performance through make feedback from headquarters,colleagues and customers.Few years ago,when pure-play organization is gear stand anymore in business,other organization think to fatten out their sale,so click-and-mortar start to be use.The orbit pure-play thole short are precisely the areas in which brick-and-mortar companies took place in business. out front this,we use brick-and-mortar also.This concept can be use in organization,but to expand the business is hard because the business is just spread around its area because brick-and-mortar organization only sell physically outside the network.People from other places cant purchase thingS from it because they did not know ab out it.Soon,they realize that to make a successful business,it must go online.Click-and-mortar is not about praising one business model at the expense of another.It is also about feature the strength of both to develop the most positive consumer experience practicable because in the e-commerce world,the customer will determine the winner.The advantage of using click-and-mortar concept in organization