E-commerce on business models:
E-Commerce has focused a vital role in various business models now we see that e-commerce is playing great importance in business models which seems to have touched every aspects of daily life. in first short period of time both the individual or customers and businessmen or merchants have embraced internet based e-business approaches which are enhancing the productivity, improving the communications globally. from banking to shopping e-commerce applications have become integral to daily activities. For examples 23 years ago or 25 years ago most individuals or customers went into a financial institution and spoke with bank officials to carry out their bank transactions. ten years later people have gained the knowledge of ATM and nearly 50% of people are carrying their bank transactions with the help of ATM. This ATM technology made banking activities more convenient. right now or today millions of individuals rely on on-line banking services which is helping them in successful completion of banking transactions. today the challenge of e-commerce on business models is an integration. There are many industries leading companies which have solved the difficult task of developing individual e-commerce based product and services which handle many of the issues surrounding customer and supplier interactions. It is not a secret that today's e-business has the potential to transform the business landscape. In the past a company's business model was the primary determination of its value but today by the influence of e-commerce on business models a company is valued on its strategy, business model and ability to market.a disciplined approach to evaluating the business opportunity and correctly using the competitive advantage can be achieved using internet technologies with the combination of existing investment which is a successful key for e-business and e-commerce. but by the e-commerce the relationship between the customer and the supplier expectations are rising. One of the main strength of e-commerce is its ability ot bring together people, government, business and is able to facilitate the flow of information among them.this is the reason why all the business models are succeeding with the help of e-commerce. it always uses solid strategies, knowledge management techniques, effective e-business processes. For successful business process in different business models-E-commerce also uses the concept of supply chain management which is an integration of business process from the view point of endures and supplier. it also supports from the view point of endures and supplier. it also supports the concepts like demand management which include the product and services for customer order fulfilment. finally we can declare that e-commerce has great impact on organizations of all sizes, different infrastructure. However the challenge of the organizations is to turn the vision and the market opportunity into a sustainable e-business.
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