The Role of E-Commerce Technology and the Impact of E-Commerce on the Essay

The Role of E-Commerce Technology and the Impact of E-Commerce on the Supply Chain - Essay Example The online markets tend to involve the third party element of the business in that the transaction may affect the enterprise and the consumer or the sales made by a consumer to another consumer. Moreover, e-commerce involves the selling and activities of purchasing that include two businesses such that is a business to the business transaction as the description by (Chen, Chen & Kazman, 2007). Other involvements of e-commerce are the collection and subsequent use of the data on demographics that is available from the great representations of the contacts on the web as well as the contacts in the social media. Other instances of e-commerce include the prospects in marketing that focuses on the customers and employ the electronic emails or fax that may be a part of the newsletters. In fact, electronic commerce entails the launch of various new products and new services in the online markets. The most critical attribute of e-commerce is the interactivity aspect that keeps the customers or the buyers to be in a continuous form of involvement in the processes that constitute the activities of the favorite seller. The interactivity case implies that the market has plenty of individualizations. Besides, the online businesses are cheap to operate as a basis of the usage of already existing computer applications. The applications make up the EDI that is the Interchange of the Electronic Data. The regulations are probably to ensure that the business transactions that take part in the online markets are authentic.