Ecommerce development in India has been a boom to the country
Ecommerce development in India is a very young industry but in a very short span of time, it has given new heights to this vast continent. ECommerce development has changed the face of the whole commerce industry of not only India but many more countries. It has led to rapid growth and development of the economies of these countries by increasing their potential as growing or developed economies. The commerce industries are now more powerful and capable of conducting trade and commerce. This industry has adopted new means of production and development. Along with the economy, the human race is also growing with a rapid pace. Humans are achieving greater heights with each passing day and they are developing newer means of development and production every day.
Ecommerce Development is very young in India and other countries which are exploiting it to the fullest. But inspire of being such a young industry it has helped these economies in growing and developing rapidly. These countries have become smart and more efficient with increased resources and more capable manpower.
Basically Ecommerce Development or better known as e commerce can be defined as the purchase and sale of commodities with the help of the electronic means of communications like online networks. We, at Bethlahem Infotech help people do electronic funds transfer, marketing of products and services over the net, Supply Chain Management, Inventory Management, Online Transaction Processing, Automatic collection of data, etc. With the help of the World Wide Web, we perform various functions. Commerce with the help of the electronic devices is said to be the aspect of business which relates to sales.
Ecommerce Development can be segregated into various categories like e- tailing which is also known as virtual storefronts which can be found online offering various catalogues, etc, collection and utilization of the demographic figures with the help of the online contacts, RDI which can be defined as the Electronic Data Interchange that is the business to business interchange and collection of data, mail and fax along with their uses in the form of media in order to reach the prospective customers, business to business trade and commerce, etc.
Initially we used to employ ecommerce for performing transactions which were commercial in nature. These transactions were performed with the help of electronic means of communications like EDI (Electronic Data Interchange) as well as EFT (Electronic Funds Transfer). It was during the 1970s that these terms were started being used in business methodology. They helped businessmen send and receive data electronically without much hassles and without much wastage of time and resources. Electronic commerce also gave birth to credit cards, ATMs (Automated Teller Machines), etc which made business even easier and helped the functioning of business to be done very smoothly. With the help of ecommerce the business industry has reached new heights today and is expected to see greater heights in near future.