What is the Internet? What is the Web?
The Internet is the global system of interconnected mainframe, personal, and wireless computer networks that use the Internet protocol suite (TCP/IP) to link billions of devices worldwide.
Americans Vinton Gray Cerf and Robert Elliott Kahn developed the heart and soul of the Internet.
The World Wide Web (HTTP / WWW) is an information space where documents and other web resources are identified by URLs (Web Addresses), interlinked by hypertext links, and can be accessed via the Internet. The World Wide Web was invented by English scientist Tim Berners-Lee in 1989.
What is E-Commerce?
E-commerce is business carried out on the World Wide Web. For your business to engage in e-commerce your business needs an online presence, which normally is a web site.
The web site provides customers with contact information, hours of operation, a bit of history of the store, product and service listings.
A bit more advanced and costlier set up
allows businesses to accept and process orders from customers online via their web site. A bit more expensive set up will allow businesses to even accept payments on their web site.
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How big is E-Commerce in India?
Recent statistics show that retail e-commerce sales in India have grown tremendously, from 2.3 billion U.S. dollars in 2012 to an estimated 17.5 billion U.S. dollars, representing an almost eight-fold growth. As of 2015, the retail e-commerce sales as a percent of total retail sales in India are set to account for 0.9 percent of all retail sales in India, but this figure is also expected to grow in the near future, reaching 1.4 percent in 2018.
According to recent data, the number of digital buyers in India alone is expected to reach 41 million by 2016, representing some 27 percent of the total number of internet users in the country. Furthermore, a growing number of people in the Asia Pacific area are increasingly using their mobile devices for online shopping. In India, some 9 percent of the country’s population had made a purchase via mobile phone within the past month, as of the fourth quarter of 2014.
As a business owner why should I care about E-Commerce?
As a business owner e-commerce can help you better market and operate your business.
In todays digital world customers look for what they need or want on the world wide web. When your business has a presence on the web your customers can find your business and learn about its products and services.
As a business owner your job is to increase your sales and for that you need customers.
E-commerce is about more customers, more customers and more customers for your business!
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