Group items tagged

"business-to-consumer and business-to-business commerce conducted by way of the Internet or other electronic networks. E-commerce originated in a standard for the exchange of documents during the 1948 - 49 Berlin blockade and airlift. Various industries elaborated upon the system until the first general standard was published in 1975. The electronic data interchange (EDI) standard is unambiguous, independent of any particular machine, and flexible enough to handle most simple electronic transactions. In addition to standard forms for business-to-business transactions, e-commerce encompasses much wider activity - for example, the deployment of secure private networks (intranets) for sharing information within a company, as well as selective extensions of a company's intranet to collaborating business networks (extranets). A new form of cooperation known as a virtual company, actually a network of firms, each performing some of the processes needed to manufacture a product or deliver a service, has flourished"

Here is Answer.com information on E-commerce.

"It's not known exactly how much in uncollected taxes is due to states from online sales, but a 2009 study from the University of Tennessee estimated that it could total $10.14 billion this year, assuming total e-commerce sales of $3.49 trillion. Only a fraction of this owed tax would result from consumer purchases, however, because most e-commerce sales are from one business to another."

Here is an article on the projected amount of monies states are losing in revenues by not collecting online sale taxes.

Article about e-commerce - holiday shopping online

This article is geared towards those that run businesses online, but it also gives some insight into what's ahead for the rest of us (many of us take place in online business, whether we are buyers or sellers). The article points out many developing trends, including group buying, co-creation, and social media used for customer support. I think it is fairly illustrative of the overall picture of online commerce-- enjoy!

Interesting read and statistical analysis of how race factors into internet usage and e-commerce businesses.

Good article about online shopping

Interesting approach to online gift-giving - could potentially save mega-bucks!