After the Indian economy became global in 1992, the next biggest move in the consumer industry is the e-commerce industry. As in the drafting of any other written contract, businesses ought to seek competent advice from a properly licensed attorney. The failure to take action may result in Terms of Use that provide no protection to the e-commerce business or, worst yet, might create legal exposure where none previously existed.

Website with e-commerce that involves search engine optimization will help the website to improve its ranking in most of the search engines. This helps to increase the reputation of the company’s website and thus get to attract more customers. Existing brick and mortar sellers can be limited by their location. Customers should travel to visit your store. With E-Commerce, you can sell to customers anywhere, anytime. This allows you to serve customers across or internationally.

The term E-Commerce, is an acronym referring to “Electronic ‘Commerce” and it’s the process of selling and shopping for of products by way of an online store. Unlike a “brick and mortar” store, there isn’t any face to face interfacing between the seller and the buyer in order for the transaction to take place.

The market has not been reached in full because most of the internal players are beginners and have no sufficient funds to meet a bigger portion of the market. Other than the financial concerns, the native eCommerce businesses don’t have enough experience to learn from and then adapt to new tactics. Despite lack of adaptation from the local eCommerce businesses, the customers do change their service providers. That is one of the indications that not all the customers are satisfied with simply one such service provider. It is not uncommon for nearly all Sri Lankan eCommerce businesses because they are indigenous and have no place to construct a business model based upon. They cannot merely copy the international businesses and their business models because the circumstances on the floor are not much like what existed while the international players started their businesses.

This article is largely built round e-commerce and the manner in which technology is remodeling the world of retail. The question is therefore raised as to what has made e-commerce the way we know it right this moment? In order to answer this question it is a necessity to discuss the origins of the Internet.

Whoever answers the telephones in one’s organization can tell one that their time is normally spent answering the same questions over and over once more. These are the questions customers and potential customers need to know the answer to before they deal with one. Publish them on a WWW page and one will have removed another barrier to doing business with one and freed up some time for that harried phone operator.

Many Obstacles to selling across national boundaries exist. They include communication barriers, cultural differences, global shipping problems due to a lack of sufficient infrastructure and ranging degrees of Internet functionality in countries. E-Commerce becomes one of the preferred methods of shopping as they enjoy they are online in as we speak’s the world, because of its easiness and convenience. They are allowed to buy merchandise or services from their home at any time of day or evening.

Read More