// Blog

  • Oct

    eCommerce Business Models

    What is eCommerce?

    In its simplest sense, “Commerce” is an act of trade between two parties.

    Adding an “e” to commerce introduces a layer of complexity by transferring the transactions, rules, procedures and fail-safes into a virtual word. On the Internet the provision of trust becomes the keystone of any successful trading model because without trust, no-one will trade.

    eCommerce is driving the new economy and the Internet is its primary facilitator. The Internet is a communications network that has revolutionized the way people access, share and use information.