E-Retailing: Selling Products on the Web :: Expository Essays Research Papers

E-Retailing Selling Products on the Web Retail is one of the more visible market sectors on the Web. In retail, merchants sell products and services directly to a buyer. E-retail, likewise called e-tail, occurs when retailers office the Web to sell their products and services (Sanchez 16). E-retailers constantly challenge the old ship canal of conducting business as they bring new products and services to market. All e-retailers, however, run in a similar manner. A customer (consumer) visits an online business at the Web equivalent of a showroom the electronic retentivenessfront. An electronic storefront, also called an online catalog is the Web site where an e-retailer displays its products. 11 It contains descriptions, graphics, and sometimes product reviews. After seek through the merchandise, the customer makes a selection. This activates a second area of the store known as the shopping drop back. The shopping cart is a bundle component on the Web that allows the customer to collect purchases. Items in the cart can be added, deleted, or even saved for a prospective visit. When ready to complete the sale, the customer proceeds to the checkout. At this time, the customer enters in the flesh(predicate) and financial data through a secure Internet connection. Then, the e-retailer processes the fix up and sends it to the fulfillment center where it is packaged and shipped. The e-retailer notifies the bank of the shipment and payment is direct via electronic channels to the e-retailer. Inventory systems are updated. Shipping information is post on the Web, so the customer can track the order. The customer typically receives the order a few days after the purchase. (Microsoft Word 2002 Project). E-retailing presents a new way to shop. The store is open 24 hours a day. With a few clicks of the mouse, consumers can compare prices easily. The key rule for purchasing online is the resembling as for traditional purchases. That is, the best consumer is the best-informed consumer.