What e-commerce

E-commerce refers to business activities centered on commodity exchanges by means of information network technology; it can also be understood as activities that conduct transactions and related services in the form of electronic transactions on the Internet, corporate intranets and value-added networks, and are traditional business activities. The electronic, network, and informatization of all links; commercial activities using the Internet as a medium belong to the category of e-commerce.
E-commerce usually refers to a wide range of commercial trade activities all over the world, in the open network environment of the Internet, based on client/server application methods, buyers and sellers conduct various trade activities without meeting each other to realize consumers’ online shopping, A new type of business operation model for online transactions and online electronic payments between merchants, as well as various business activities, transaction activities, financial activities and related comprehensive service activities. Governments, scholars, and business people in various countries have given many different definitions according to their status and the angle and degree of participation in e-commerce. E-commerce is divided into: ABC, B2B, B2C, C2C, B2M, M2C, B2A (ie B2G), C2A (ie C2G), O2O, etc.
E-commerce is a direct product of the explosive development of the Internet and a new development direction for network technology applications. The open, global, low-cost, and high-efficiency characteristics of the Internet itself have also become the inherent characteristics of e-commerce, and make e-commerce greatly surpassed its value as a new form of trade. It will not only change The production, operation, and management activities of the enterprise itself will also affect the economic operation and structure of the entire society. The “electronic” technology platform based on the Internet provides an incomparably broad development space for traditional business activities, and its outstanding superiority is simply unmatched by traditional media methods.

What e-commerce

E-commerce is a business activity carried out by network communication technology. Many different definitions are given for their position and the angle and degree of participation in e-commerce.
Even though e-commerce has different definitions in different countries or in different fields, the key is still a business model that relies on electronic equipment and network technology. With the rapid development of e-commerce, it no longer includes only the main connotation of shopping. Incidental services such as logistics and distribution should also be included. E-commerce includes electronic currency exchange, supply chain management, electronic trading markets, network marketing, online transaction processing, electronic data interchange (EDI), inventory management and automatic data collection systems. In this process, the information technology used includes: Internet, extranet, e-mail, database, electronic catalog and mobile phone.
First, e-commerce is divided into broad and narrow e-commerce. E-commerce in a broad sense is defined as the use of various electronic tools to engage in business activities; e-commerce in a narrow sense is defined as the use of the Internet to engage in business or activities. Whether it is a broad or narrow concept of e-commerce, e-commerce covers two aspects: one is that it cannot be separated from the Internet as a platform, without the network, it cannot be called e-commerce; the other is that what is done through the Internet is one Kind of business activity.
In a narrow sense, Electronic Commerce (EC for short) refers to the use of electronic tools such as the Internet (these tools include telegraph, telephone, radio, television, fax, computer, computer network, mobile communication, etc.) on a global scale Business and trade activities. It is the sum of various business activities conducted on the basis of computer networks, including goods and service providers, advertisers, consumers, intermediaries and other related parties. E-commerce generally understood by people refers to e-commerce in a narrow sense.
Broadly speaking, the term e-commerce originates from Electronic Business, which is a business activity carried out through electronic means. Through the use of electronic tools such as the Internet, the company, suppliers, customers and partners can share information through electronic business, realize the electronic business process between enterprises, and cooperate with the electronic production management system within the enterprise to improve the production of the enterprise , Inventory, circulation and capital efficiency.
The United Nations International Trade Procedures Simplification Working Group defines e-commerce as: the use of electronic forms to carry out business activities, which includes the use of any electronic tools between suppliers, customers, governments and other participants. Such as EDI, Web technology, e-mail, etc. share unstructured business information, and manage and complete various transactions in business activities, management activities and consumer activities.
E-commerce is the use of computer technology, network technology and long-distance communication technology to realize the entire business process of electronic, digitized, networked, and commercialized.
E-commerce is a business activity transaction process carried out within the scope of legal permission based on computer networks and electronic methods.
The concept of Commerce (E-Commerce), in 1997, the company put forward the concept of Electronic Business (E-Business). E-Commerce focuses on electronic transactions, emphasizing transactions and cooperation between enterprises and external parties, while E-Business has expanded the scope a lot. In a broad sense, it refers to the use of various electronic tools to engage in business or activities. In a narrow sense, it refers to the use of the Internet to engage in business activities.


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