What are the characteristics of e-commerce?

E-commerce utilizes network technology to integrate logistics, capital flow and information flow in traditional business activities. Enterprises use the Internet to connect important information directly with customers, employees, distributors and suppliers distributed around the world, creating a more competitive business advantage. What are the characteristics of e-commerce compared to traditional business activities? Take a look together. One: transaction virtualization. Through the computer Internet transactions, the parties to the transaction do not need to face-to-face consultations, the signing of contracts or payments can be made through the computer Internet. The whole process is completely virtualized. Virtual reality, online chat allows both parties to access information. Through the information push and pull interaction, the two sides online to complete the entire transaction. Second: low transaction costs. The farther the distance between the buyer and seller, the lower the cost of using the Internet to transmit information, such as letters, telephone, fax, etc.. The shorter the time, the shorter the time. And buyers and sellers through the network to carry out business activities, do not need intermediaries involved, the relevant links and costs are reduced. The seller's product introduction, etc. on the Internet without the need to print, etc.. The third point: high transaction efficiency. The Internet will standardize the transaction of business English report, can be completed instantly around the world transmission and automatic computer processing, raw materials procurement, product sales, bank drafts, insurance, cargo consignment and application. No human or material resources are required. Completed in the shortest possible time. Unlike the traditional way, each link requires human and material resources, short time and error-prone. E-commerce overcomes the shortcomings of traditional transactions such as high cost, error-prone, slow processing speed, etc. It greatly shortens the time and makes the transaction faster and more convenient. The fourth point: transaction transparency. The whole process of both sides of the transaction, whether it is a transaction consultation, contract agreement or payment, etc., are carried out online. Smooth and rapid dissemination of information can ensure that a variety of information to check each other, to prevent the circulation of counterfeit information. Under the premise of business informatization, human beings can continue to inherit and explore the experience, lessons and wisdom of previous generations, can greatly expand human knowledge, out of a centralized, intensive, economical development of social material and cultural ideal road.