what are the applications of E-Commerce?

 E-commerce has revolutionized the commerce industry and applications please very important rule in it there are various E-Commerce applications such as-

Electronic funds transfer enterprise integration supply chain management procurement and purchase Video on demand ,home shoping, remote banking, internet banking, online marketing. 

1.Enterprise integration:- Enterprise integration is very important application of e-commerce it refers to extending the integration throughout a company including other trading partners. 

2.Electronic funds transfer - 

it is a system by which we can transfer money from one bank account to another bank account directly without any paper money changing hands. It is used for vote credit transaction and debit transaction. We can easily pay bills and other type of payment through electronic funds terms for from one account to the billing companies Bank. It is a very quick process of payment. 

3. Procurement and purchase:-  

e procurement is a powerful application of e-commerce. It describe the use of electronic methods and every stage of the purchasing process from identification of requirement through to payment and potentially to contract management. 

4. Supply chain management:- organization find that  must rely on effective supply chains to compete successfully in the Global market and network economy. It play an important role in any industry. supply chain management is one of the application of e-commerce, it is a concept which covers all stages Sourcing suggest product design, warehousing, production planning order processing inventory management ,transportation  and customer service involved in moving goods. 

5. Video on demand:- In 21st century there is a television and cable TV in every home which provide us a number of channels and programs which have become rental business it is called Video on demand. People can purchase videos and programs of their interest by E-Commerce applications. It includes much wider services and opportunities as it has so many different applications to offered to the customers many organization Universities and company or developing products. 

6. Remote banking or internet banking:- 

 internet banking has revolutionized  the payment system It allows to access credit account why the internet from mobile and computer system it is absolutely free and give us access to our account 24 hours a day it provides the following facilities. 

Open new account, transfer funds request, withdrawals, view current account activity, check speed ATM transactions, request copies of Cheque, Tax Information interest paid on loans and dividends, earned issue stop payments on Cheque

7. Online marketing:-   

it is a very powerful application of e-commerce industry internet marketing have become popular since internet access is becoming more widely available and use. It is together both the creative and Technical aspect of the internet including data and development advertising sales and promotions