Ecommerce Lecture 1-Ecommerce Chapter 1: the revolution Is Just Beginning
#ecommerce #whatisecommerce #Punjabuniversity #it430 It430 short lectures,
These online video lectures are recorded for the students of BBA, BCOM. MCOM. MIT, MIS etc on the subject of ECommerce. E Commerce subject is being taught in M. com of Punjab univeristy and B.com hons in Punjab University with all other universities like GCU. GCUF, BZU , UET.
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“the use of the Internet, the World Wide Web (Web), and mobile apps to transact business”.
The terms Internet and Web are actually two very different things.
The Internet is a worldwide network of computer networks, and the Web is one of the Internet’s most popular services, providing access to billions of Web pages.
An app (short-hand for application) is a software application. The term is typically used when referring to mobile applications.
The professional literature sometimes refers to e-commerce as “digital commerce”
History of Ecommerce
There followed a period of retrenchment and reevaluation, which led to the stock market crash of 2000–2001, with the value of e-commerce, telecommunications, and other technology stocks dropping.
After the bubble burst, many people were quick to write off e-commerce. But they were wrong. The surviving firms refined and polished their business models, ultimately leading to models that actually produced profits. Between 2002–2008, retail e-commerce grew at more than 25% per year #vushortlectures
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