E-commerce and Digital Technologies: A Detailed Description

Digital Business and
new technologies

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK ..............................................................................................................................................3
Explain about the topic and its importance ................................................................................3
How E- commerce has developed ..............................................................................................4
Explain the detailed description of the technology used in the topic and for what reasons it is
used ............................................................................................................................................4
What technological platforms and software are used in E- commerce.......................................5
What type of business organisations uses the e- commerce ......................................................6
How it is used as a business tool and is this effective ...............................................................6
Discuss the relationship between e- commerce with the digital technologies and how its helps
the organisation in its structure and practices.............................................................................7
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
In today's world people are more spending on the online purchase rather than opting
traditional ways of shopping. This has impacted the business organisation and made them, to
shift towards the digital platforms. The growth of the digital economy has made people more
familiar with the online products and services. Which has emphasised the business organisation
to focus on developing the e- commerce websites for their business and to have a competitive
advantage in the market. The digital technologies has able to create the new value in business
models and customer experience. The digital business has evolved into more than selling and
buying of the products and services(Hanson and Kalyanam, 2020). This report will include
the brief description on the topic E- commerce with its importance, how it has developed,
technologies used in e- commerce, what technology platforms and software are been used, which
type of business organisation use the technology and e-commerce, how it is used a as business
tool and its effectiveness. At the last it will include the relationship between digital technologies
with the e-commerce.
TASK
Explain about the topic and its importance
E-commerce is buying and selling of products and services or transferring of funds or
data over an electronic platform. The services which are been provided online over the internet
such as transaction of money, funds and data which are also considered as E- commerce. These
business transaction can be in four ways such as business to business (B2B). Business to
consumer (B2C), consumer to business ( C2B). customer to customer (C2C).(Kabanda and
Brown, 2017).
E-commerce is considered as a huge part of the economy and it is very important for the
business organisations to have their own E- commerce platforms where they can sell their
products and services. As the e-commerce provides the ability to reach a wide customer range.
E- commerce is the fastest growing retail platform and it is very important for every
organisations to consider the modern technologies in order to attract the customers and maximise
profit through these digital technologies. The statistics shows that the 96 percent of the