E Commerce

ECommerce is a type of business that deals in transfering goods and providing services.

Types of Goods:

• Amazon
• Ebay
• Argos
• Woolworths

Types of Services:

• Price Comparison
• Insurance
• Music Downloads
• Banking Websites

Amazon is a "goods" website where the user can purchase, look up reviews and sell products. It sells a variety of different types of products including books, clothes and electronics. Many of the products are cheaper on Amazon than they would be in the high street. The Advantages of Amazon is that it is user friendly, safe and secure, sells a range of products and mainly because the items are cheap. The disadvantages of it are that it can cause hassle if you need to return an item, delivery is often expensive and it can be difficult to choose, for example, clothing measurements.

Itunes is a service which allows users to download music, films, televisions programmes and podcasts. It is a transaction online so the music etc is stored in a simple library which means users can then listen to it or transfer it on to an mp3 player. The advantages of Itunes is that it is convenient and easy to use. Also it is good value for money. The disadvantages are that compared to a CD, you cannot play your music on a stereo or in a car. It has to be on your computer unless you purchase extra components.

Another type of service online is banking. This allows users to log in, check their statements, make payments, set up standing orders, check insurance etc. The benefits are that it is convenient, quick and easy to use. The drawbacks are that there is a risk of hacking which could be terrible for someones account and also you cannot pay cash in. Banking can be useful for simple banking operations but could be dangerous.