please paraphrase it. with 0 % plagiarism.. and please complete it from first line to last line. Now-a-days e-commerce i

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please paraphrase it. with 0 % plagiarism.. and please complete
it from first line to last line.
Now-a-days e-commerce is growing popular in an emerging economy.
E-commerce began in1995. It requires the digital goods for caring
out their transactions. Digital goods are goods that can be
delivered over a digital network (Laudon and Laudon, 2013).
E-commerce is rapidly transforming the way in which enterprises are
interacting among each other as well as with consumers and
Governments. As a result of changes in the landscape of ICTs,
e-commerce is now growing rapidly in several emerging markets and
developing economies (UNCTAD/IER/2015). The technologies designed
to improve commercial transactions using the Internet have evolved
as quickly. However, we have not yet achieved an ideal world of
painless and secure transactions utilizing the Internet, as
unresolved privacy issues of the purchaser have impeded the further
development of the technologies (Alberto, Avila and violeta-2007).
E-commerce has been hailed by many as an opportunity for developing
countries to gain a stronger foothold in the multilateral trading
system. E-commerce has the ability to play an instrumental role in
helping developing economics benefit more from trade (WTO-2013).
The growing use of the Internet, tablet devices, and smart phones
coupled with larger consumer confidence will see that ecommerce
will continue to evolve and expand. With social media growing
exponentially in recent years, the conversation between businesses
and consumer become more engaging, making it easier for
transactional exchanges to happen online. Internet retailers
continue to strive to create better content and a realistic
shopping experience with technologies like augmented reality. With
mobile commerce gaining speed, more users are purchasing from the
palm of their hand (Miva-2011). E-commerce could deliver a
significant benefit to businesses in developing countries by
increasing their control over its place in the supply chain, thus
improving its market efficiency (Molla & Heeks, 2007). a) What
is E-commerce? Electronic commerce, or e-commerce, is the buying
and selling of goods and services on the Internet. Other than
buying and selling, many people use Internet as a source of
information to compare prices or look at the latest products on
offer before making a purchase online or at a traditional store.
EBusiness is sometimes used as another term for the same process.
More often, though, it is used to define a broader process of how
the Internet is changing the way companies do business, of the way
they relate to their customers and suppliers, and of the way they
think about such functions as marketing and logistics. For the
purpose of this study e-commerce is taken to mean doing business
electronically. (Lindsay P., 2002) b) Why E-commerce? With the
increasing diffusion of ICTs, more specifically the Internet, the
global business community is rapidly moving towards Business-to
Business (B2B) e-Commerce. The buyers gain a clear advantage when
the Internet gives them access to the global market, by which they
can compare prices across regions, find out whether prices vary by
order fragmentation and get awareness about substitute products.
Due to transparency of the market, customer can compare the
services of various e-commerce sites easily. For instant, in case
of e-commerce the competitors are one click away from customer. If
clients are not happy with the products, prices or services offered
by a particular ecommerce site, they are able to change much more
easily than in the physical. From the Sellers’ point of view, they
don’t need to have physical existence of shop.
The Internet revolution was really about people customer and
fundamental shift of market power from the seller to buyer. In the
new economy customers expectations are very different than before.
A company understanding of this difference and its ability to
capitalize on it will be the key to success. The web, the internet
and emerging computing and communication technologies have
redefined business erasing traditional boundaries of time and
geography and creating new virtual communities of customers and
suppliers with new demand to product and services. E-commerce only
forms a fragment of e-business. Earlier companies had web sites
displaying the company products etc. then they started to use the
e-commerce as one of the distribution channel in addition to the
existing system for sales that is e-commerce. The term Electronic
commerce or e-commerce consists of all business activities carried
on with the use of electronic media, that is, computer network. It
involves conducting business with the help of the electronic media,
making use of the information technology such as Electronic Data
Interchange (EDI). In simple words, Electronic commerce involves
buying and selling of goods and services over the World Wide Web.
Customers can purchase anything right from a car or a cake sitting
comfortably in his room and gift it to someone sitting miles apart
just by click of a mouse. Shipping method is generally used for the
delivery of the goods ordered. Every Bank which is highly leading
now performs their transaction through computer and computer is not
only the concept can make off the transaction automatic. All the
commercial application now transfers to the concept of e-commerce
and is one of the very important aspects for carrying bank
transactions falsity. In the commercial world surrounded by highly
competitive and volatile market conditions, any new concept or
technology would be acceptable only if it provides strong benefits
to all concerned. Ecommerce offers some distinct advantages.
First, portability improves bottom line of and organization. And
secondly expanded market share, some component can be handled by
multiple customers at the same time.