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Within five years of time, all companies will be Internet Companies or they wont be any Companies at all.

~ (Groove 1999)
The Ecommerce Functionality.

What Do E-commerce Systems Do?
Web applications implement the functions of electronic commerce: the customer touching marketing, shopping, ordering, fulfillment, and customer service business processes for B-to-B and B-to-C applications.

Business-to-consumer (B-to-C) electronic commerce is online retailing or e-tailing. It involves consumers shopping for and buying personal and household products. It involves merchants using internet marketing and merchandising techniques to attract and retain customers as well as to promote products and services to them.

Business-to-business (B-to-B) electronic commerce covers a broad range of business activities. For example, B-to-B systems exchange business documents, such as purchase orders and invoices, between pairs of partners in a supply chain. They may implement a virtual marketplace (e-marketplaces or exchanges), wherein a single large manufacturer can consolidate the purchase of the goods that are the input to its manufacturing process from many smaller companies. Such a marketplace may enable a large retailer to purchase the goods that it sells in its stores. Or, marketplaces can become trading marts or exchanges for commodity products or the range of products of a given type or associated with a particular industry segment. B2B system solution also automate the purchase of goods that support businesses’ maintenance, repair, and operation (MRO). Business on internet has been growing consistently since last few years leading to a revolutionary change. Read more on Ebusiness


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