Mobile Commerce has gained increasing acceptance amongst various sections society in last few years. This would include buying and selling of goods or services using commercial transactions conducted electronically along with providing customer or technical support with the help of the internet. It is projected that by 2005, 80 percent of all mobile users in the United States and Western Europe will play mobile games at least occasionally. In most cases, advertised products or services are not available. At the same time, the whole business structure will have to undergo a change re-engineered. Network infrastructure and the basic communication services. But it is a network-based location where business activities occur. The core components of e-business are information, communication, and transaction. The terms ‘e-commerce’ and ‘e-business’ are often used interchangeably but what do these words really mean? Sounds simple? Accuracy and integrity of processing data methods. Many Bangladeshi businesses are not prepared to approach electronic commerce. A traffic control center could also monitor and control the traffic according to the signals sent from mobile devices in the vehicles. - As time passes, these limitations will lessen or be overcome; appropriate planning can minimize their impact. Electronic payment systems enable faster order processing and delivery, which caters for higher efficiency in both business to business (B2B) and business to consumer (B2C) models. 2. Once in a while customers do not like what they’ve bought. 1. Net business posed many peculiar technological and legal problems making it difficult to impose tax and formulate a sound taxation policy. For Example business processes like manufacturing and inventory etc. Secure messaging, security and electronic document interchange. For virtual delivery to occur, the products being delivered must be digital (software) or the service performed digitally (ex - online broker). The global nature of the technology, low cost, opportunity to reach hundreds of millions of people, interactive nature, variety of possibilities, and resourcefulness and growth of the supporting infrastructure (especially the web) result in many potential benefits to organizations, individuals, and society. As the name would suggest, 1G was the first generation of mobile networks. Interactive catalogs and directory support services are the examples of this layer. They attempt to connect employees to their work more effectively than ever before by enabling mobile phones and other wireless devices to become a new kind of tool to seamlessly exchange information, automate data entry and perform a range of transactions anytime, anywhere. It motivates the people who share the courage and conviction to move the new business paradigm. This model consists of a person-to-person transaction that completely excludes businesses from the equation. In any business, electronic messaging is an important issue. Security over data. So, e-commerce websites are losing thousands of customers. There are five generally accepted types of e-commerce: - Business to Business (B2B) We are witnessing a boom of new technologies, especially in the service sector (IT, Telecommunications, Internet, etc.). Because marketing is the easy part. and www.apdip.net. These online interactions are aimed at improving or transforming business processes and efficiency. E-business is similar to E-commerce but it is more than just a simple act of buying and selling services or goods online. Ranging from protection against unwanted disclosure of client information to guarantee of reliable electronic payment. For example, consumers can buy products from a vending machine or pay a parking fee by using their cellular phones, and mobile users can check their bank accounts and perform account balance transfers without needing to go to a bank. 2. By processing payments electronically, companies are able to lower the number of clerical errors and increase the speed of processing invoices, which results in lowered transaction fees. The enormous growth of networks, client server technology and all other forms of communicating between/among unlike platforms is the reason for the invention of middleware services. In fact, in information based product industries, distribution and sale via ecommerce may bring the cost per unit to almost zero. 4. The problem with online advertising is that people have to be ‘online’ to view it. The directories attempt to organize the enormous amount of information and transactions generated to facilitate e-commerce. The use of the Net for trade requires a complex introduction of servers, browser software and knowledge of web design, hosting, promotion and many more skills. The commonly used messaging systems like phone, fax and courier services have certain problems like in the case of phone if the phone line is dead or somehow the number is wrong, you are not able to deliver the urgent messages. Here you can team up with the shipping provider but your store has to handle all the communication. Preferring Foreign Sites: Online shoppers in Bangladesh do not prefer Bangladeshi websites to a large extent and prefer US and other foreign websites. - Electronic commerce reduces the time between the outlay of capital and the receipt of products and services. Today, mobile operators have started offering 4G services in the country. Lack of interest and willingness to make a paradigm shift has become a crucial issue. This is just one example of how information brokerages can add value. Your online presence creates a stronger company profile and yields access to new local and foreign markets. Once you’ve contracted these shipping providers integrate their system with yours so you can streamline packaging and delivery. E-Commerce in China: Opportunities for Asian Firms. The single most important challenge today pertains to increasing awareness of the benefits of e-commerce to potential customers, educate the market and the customers will themselves opt for these services. Any citizen may interact with these websites to know the various details. Customers are also a part of the business and C2C enables customers to directly deal with each other. Question5: Explain … According to the traditional inventory model, businesses used their own warehouses to sell the products directly to customers. It is boosted by the convenience and ubiquity conveyed by mobile commerce technology. We can attribute this to the increase of online shopping. In the application layer services of e-commerce, it is decided that what type of e- commerce application is going to be implemented. While the term is usually used to describe a type of software, it is actually the term describing the whole policy on how are you going to handle interactions between you and your customer. However, in this book we will only use the term “E-Commerce“, because every business transaction finally is involved in selling or buying of products or services. But it is important to take note that this change is on a positive note and not a negative one. It has been a total game changer of sorts for shopping to the people. - Electronic commerce allow customers to interact with other customers in electronic communities and exchange ideas as well as compare experiences. Electronic cards are designed to reflect your bank account. The technical limitations of E-Commerce are as follows: - There is a lack of s stem security, reliability, standards and communication protocols. Whereas, in a manual system your clients need to first contact your company to obtain a quote and check for product availability, through an electronic payment system, they can check your price offers, delivery times and place their orders in a couple of minutes. Such a cost is likely to be, in the future, one you will be paying yourself – so pay attention. One can be able to access their online accounts through their phones and or computers. Online: E commerce is an electronic environment that allows sellers to buy and sell products, services, and information on the internet. Just-in-time delivery is critical for the success of today‘s businesses. - Shared Data Base: information stored in repositories (collection of data) shared by trading partners No Encouragement from Business Community: The business community is extremely an important sector to be targeted for the introduction of any technological innovations in business. This also saves time of the employees as well as the citizens. It has the following components − Card Holder's Digital Wallet Software − Digital Wallet allows the card holder to make secure purchases online via point and click interface. A mobile payment could be made by an app, data connection, IVR and even SMS, so anyone who has a bank account can make a transaction. This layer provides interface for e-commerce applications. The ICDT model, developed by Albert Angehrn at INSEAD, is a systematic approach to the analysis and classification of business-related Internet strategies. Well, usually, it is not. If there is a site that can work as information broker and can arrange the ticket as per the need of the person, it will save the lot of time and efforts of the person. 1. The classification of e-commerce applications is given below: Electronic Market: is a place where online shoppers and buyers meet. Middleware and structured document interchange, and Hardware: A Web server hardware platform is one of the major components of the Ecommerce infrastructure on which the performance of the whole E-commerce application depends. 2. In e-market, the business center is not a physical building. The E-commerce splash. Warehouse operations.

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