Why our jobs site is easy for anyone to learn and to crack interview in the first attempt? These are because we the Wisdomjobs will provide you with the complete details about the visual source safe and also, we will provide the roles of the different job to apply easily. E-commerce Concepts are much in demand. There are various leading companies that offer jobs in various roles like Materials Handler (E-commerce), Specialist, eCommerce Consulting, eCommerce OnBoarding Coordinator and many other roles too. To clear any interview, one must work hard to clear it in the first attempt. So simply to save your time we have provided all the necessary details about E-commerce Concepts Interview Questions and Answers and E-commerce Concepts jobs at one place.
When a consumer wants to buy a certain product, he go to the website and selects the product he wants to buy. Once the product is selected, the consumer transaction is moved to the online transaction server where he places an order.
The information is exchanged over a secure channel through a private gateway to a processing network. The networked banks accept or reject the transaction.
All this happens in just a matter of seconds.
eCommerce is a very secure due to the SSL (Secure Socket Layer) technology.
The basic steps involved in becoming Commerce Enabled are:
The major benefits of Ecommerce are:
Following are a few products where Ecommerce can be used:
Web hosting is a way to gain a presence on the internet. The web hosting company should be capable of providing you with the level of service that you need to maintain your Web Store.
In B2B, companies transact with each other. This includes the companies selling their product to wholesalers, distributors, etc
This is usually when average businesses transact with the customer. This is done through the shopping cart softwares and the amount involved in the transactions is usually low.
In this, a consumer places the product on the net. The companies willing to buy this product bid for it. The consumer can then decide, depending upon the bid, which company to sell it to.
These kind of transactions are usually done at an individual level. Payments can be done with the help of online systems like PayPal.
Web portal is a business gateway ex: online shopping portals, http://www.wisdomjobs.com/ like job portals
Business to Business (B2B)
Business to Customers (B2C)
Customers to Customers (C2C)
Customers to Business (C2B)
Advantages of electronic commerce over traditional commerce are as follows:
1. Instant worldwide availability.
2. A streamlined buyer-to-seller relationship.
3. Reduced paperwork.
4. Reduced errors.
5. Time and overhead costs.
6. Reduced time to complete transactions.
7. Easier entry into new markets.
8. New business opportunities.
9. Improved market analysis.
10. Wider access to assistance and advice.
11. Improved product analysis.
12. The ability to streamline and automate purchasing.
Testing is crucial to e-commerce because e-commerce sites are both business critical and highly visible to their users; any failure can be immediately expensive in terms of lost revenue and even more expensive in the longer term if disaffected users seek alternative sites. Yet the time pressures in the e-commerce world militate against the thorough testing usually associated with business criticality, so a new approach is needed to enable testing to be integrated into the development process and to ensure that testing does not present a significant time burden.
Using dummy card ids, we can test Payment Gateways.
Online Shopping Application provides business gateway between Product vendors and Customers.
Ex: Walmart, amazon etc...
Difference between business-to-business and business-to-consumer e-commerce:
Business-to-business electronic commerce is conducted between two separate businesses, such as a large company needing office supplies and an office supply company. Business-to-consumer electronic commerce is between one individual and a company selling goods or services.
Increased vulnerability to fraud;
difficulty protecting intellectual property;
risks to confidentiality; problems over taxation;
regulations; credit card fraud;
trust problems, and constant availability.
The e-cash model, the check model, and the credit model.
By allowing users to select the ads they would like to pursue; in radio and television advertising, the viewer or listener is more of a passive recipient of the information.
E-commerce requires software that performs critical tasks, such as creating storefront and a shopping cart, collecting customer data, and providing the payment gateway. This software needs to function correctly.
Testing assures the organization of the quality and integrity of the e-commerce solution.
The main purpose of system assurance is to deliver a quality product. Conformance to requirements increases the organization’s confidence in the system.
An e-commerce system deals with three parties: the bank, the transaction clearinghouse, and the customer. The interdependency of these three parties makes the process of buying and selling over the Internet more critical than in real life. If the faith of any of these parties dwindles in the e-commerce site, the entrepreneurs can lose a lot of money, as well as their reputation.
For example, in the case of a faulty e-commerce system, the credit card of the customer may be billed immediately for the complete order, when only a partial order has been filled. Testing must assure that partial order fulfillment and billing are done correctly.
1. Getting an Internet Merchant Bank Account
2. Web Hosting
3. Obtaining a Digital Certificate
4. Finding a Provider of Online Transactions
5. Creating or Purchasing a Shopping Cart Software
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