E-commerce is an operation of selling or buying online. E-commerce deals with technologies like mobile , electronic money transfer, Internet promotion ,online transaction, supply chain management, electronic data interchange and automatic data collection system. E-commerce basically uses the world wide web at least one part the transactions life cycle although it can also other technologies such as e-mail.
The basic framework of e-commerce allow doing business online. This basic framework consists of a complete structure. Traditionally, market transactions were implemented by the exchange of services, goods and money . The below mentioned paragraph explain the detailed feature of the main layers in the layers.
Advantages:
E-commerce helps to raise the profit it may increase the sales of a product and decrease it's price. It may help out companies to do business 24 hours a day and 7 days in a week.
Disadvantages:
The purchaser cannot contact or feel the product when using this feature as it involves online processing.
The client has to wait for a particular period of time for delivery of their product.
