However, e-commerce is still largely cash on delivery - what I like to call c-commerce
- which remains the preferred mode for payment even when consumers shop online.
Both high-research SKUs and "long tail" hard-to-find SKUs are moving to c-commerce
Daily deal sites, such as Groupon, Living-Social, and so-called "flash sale" sites such as HauteLook, Rue La La and Gilt Group, arc fueling c-commerce
sales by creating awareness and enticing interest about new products or services by offering one time discounts in order to create trial.
the emergence of the c-commerce
has been at the heart of new payment mechanisms designed for speedy fund transfer more effectively, this will further increase the trend of electronic and smart cards transactions.
Many invested in informational web sites and c-commerce
sites during the early years of the dot.
Axa Financial's multimillion dollar c-commerce
strategy is paying oft: Last year, 30% of the company's customer self-service financial transactions--including tracking variable account activity--were accomplished online, representing a significant savings to the company over using a call center.
of Norwalk, CT, has been providing c-commerce
services to customers and researchers at its web site.
This is achieved by relieving networked Web servers of performing the CPU intensive SSL encryption and decryption calculations associated with c-commerce
Powertrak users will be able to access one vertical solution as well as various add-on modules for marketing, multichannel sales, technical case management, c-commerce
, partner portals, call center and native Microsoft Outlook.
In commercial reinsurance terminology, the ultimate aims of c-commerce
initiatives are to maximize return on intellectual capital investment, business agility, and the quality of the customer experience.
However, after huge capital investments in B2B c-commerce
solutions such as e-marketplaces, exchanges, auctions and reverse auctions, these initiatives have often failed to produce a working product, let alone any supply chain efficiencies.
On an individual company basis, integrating c-commerce
into a company website now costs as little as $1000, so if the product offering lends itself to the catalog model, the Internet can become an effective low cost sales tool.