E-Commerce

E-Commerce

E-Commerce has become the major driving force behind the incredible growth on Internet. The Internet is replacing traditional methods of selling like sales man, direct mail, catalog, retail outlets. The e-commerce business was of US$ 139 billion in the year 1999, which will grow to US$ 1300 billion in the next 3 years. Many industries are benefiting from e-business & e-commerce.

Many people have heard the word E-Commerce over and over yet don't quite understand what it means. E-Commerce is simply the buying and selling of goods or services through the internet. Forging good relationships with customers and trading partners is key to building a successful business. The potential benefits of E-Commerce are clear: lower costs, greater reach, faster response times. But E-Commerce doesn't mean simply pushing products at people faster. Because the Internet is such a good communications channel...it's fast, reasonably reliable, low in cost, and widely accessible. It can also deepen relationships with customers and partners.

With digital transactions and communication, companies can provide better service and support. This will become increasingly important as more and more consumers use the Web to gain access to information before purchasing and come to expect greater customization of products and faster service online.

The Internet can also promote closer collaboration and relationships among businesses. Suppliers and buyers can use the Internet to work more closely. Resellers can visit a supplier's Web site to check up-to-the-minute new products and place orders.

Building Better Solutions

Atomic Digital's strategy aims to help companies establish stronger ties with customers and business partners by developing solutions using E-Commerce platforms. These solutions generally fall into one of several broad business categories:

Direct Marketing, Selling, and Service Businesses can improve their reach, offerings, and service by using the Internet to contact customers directly.

The Future is Coming!!

With all the current focus on the Internet, it is sometimes easy to forget that E-Commerce is still in its infancy. Even so, the Digital Age is already producing profound effects in numerous businesses. Witness what is occurring in book and music retailing, computer sales, and office-supply purchasing: New companies or new category leaders have emerged and existing sellers have had to adjust their business models dramatically.

These changes will continue to accelerate in the coming years as more and more people connect online and become comfortable with digital transactions, and companies figure out new and better ways to conduct business online, such as customizing Web sites to fit customer preferences. The companies that make the adjustment and employ a digital nervous system effectively and imaginatively stand to emerge at the forefront in a networked economy. Atomic Digital can help bring you into the future.

For an diagram example of a credit card transaction
click on picture below.