The Impact of Electronic Commerce on the Present Society

Abstract

With the Internet access growth, the Electronic Commerce (E-commerce) captured the interest of individual consumers and commercial societies everywhere. Many companies were so involved in marketing, branding, raising money and carrying their bags of money to the bank that they forgot that an online business may still be. The discussions are about the creation of a new business model (e-business, e-commerce) through the Internet that radically changes their efficiency by reducing transaction costs. For a business to work, there are certain fundamentals that need to be practiced, even in the magic world online. To be successful online, just like offline, you need a business plan that will eventually lead to profitability.