E-Commerce: A Boon for Human Being in Recent Era

E-COMMERCE A BOON FOR HUMAN BEING IN RECENT ERA Now a days classic shop-based retail is still preferred but E-Commerce, the buying and selling of products and services exclusively through electronic channel gaining popularity. E-commerce can be used for non-digital products especially which have a high value. They can also be used to reach to remote locations. They have a capability to cross the national boarder. People are in a position to conduct various economical transactions on network with the help of E-commerce. E-commerce provides opportunities to all types of Consumers, society and the organization as Market expansion to national and international level, improves brand image of an organization, has 24X7 customer support, reduces paper work, cost, reduces time, process of business is more faster and efficient, increases productivity of organization ( supports pull type supply management i. e. , business process starts when request comes from customer), provides more options to choose products and quicker delivery, provides option to compare the different products and select the better option, customer can get detailed product information before purchasing and gets so much time to discuss with the others before buying a particular product. Due to E-commerce various facilities are now available in remote areas. It also provides awareness in health, education and social services. Most popular product categories among online shoppers in the region include airline tickets and reservations, baby supplies, cosmetics, clothing, accessories and shoes as well as computer hardware and software. In India, 9 percent of the countrys population had made a purchase via mobile phone within the past month, as of the fourth quarter of 2014. Everybody having internet connection, those may live in rural or in urban areas can get their products. They do not need to go to various shops to purchase various products wasting time and money because now a days E-commerce has made everything available at home in one place. EDI, EFT, E-Payment, Electronic Market