Internet and E-Commerce

Internet and E-Commerce

1. What is the internet

   • The internet is a worldwide network of computers that are connected together
   • To connect to the internet you need to be connected to a modem and to interact with web pages you will need a web browser
   • All pages on the internet have a URL. The URL is made up of a domain name and a filename

2. How businesses use the internet

   • Research
     • The internet is a great way for businesses to find out information. They can find market research done by others that will help them, they can research their competitors or just keep up with current events that would affect they're business
   • Communication
     • Companies can use the internet to communicate is it is much faster than other forms of communication. For example an email with loads of information in it can be sent and received almost instantly.
     • Businesses can also set up social networking sites which will help their companies to grow and for people to find out information about their business
   • Obtaining Supplies
     • Businesses can use websites to make sure they find the best prices and best products to fit the companies needs. This also saves them time as they don't have to go anywhere to look for the supplies

3. E-Commerce

   • Online Shopping
     • Online shopping is when companies sell productions electronically generally meaning via the internet. Many companies do this as they're much lower costs to running an online business and many people find it easier to order things online
   • Online Booking
     • Online booking is when a customer can book tickets/appointments online therefore saving both them and the company time as it will be done by at linking to a database not an employee
   • Online Auctions
     • Online auctions are good as it allows people to put items up for sale without knowing the exact price of the product. This also allows auction sites to make money off of people selling on their site