What is meant by Mercantile process?

What is meant by Mercantile process?

Mercantile process is an interaction model between consumer and Merchants for online commerce. The establishment of a common merchant process (or set off processes) is must to increase the convenience for customers.

What are the mercantile process models?

Mercantile models can be either retailer oriented as well as customer oriented. From the prospect of the retailer, different phases like planning, costing and pricing, order acknowledgement, scheduling, order accomplishment and billing forms the constituents of the entire process.

What is an ecommerce merchant?

E-commerce merchants An e-commerce merchant is a merchant that deals strictly in the sales of goods online. They do not have physical offices. They make all their dealings on online platforms.

What are three phases of mercantile process model?

Consumer mercantile activities can be grouped into three phases prepurchase preparation,purchase consummation and postpurchase interaction.

What is inter organizational e-commerce?

Inter-organizational e-commerce refers to the full spectrum of e-commerce that can occur between two organizations. It is the e-commerce between businesses i.e. the businesses focus on selling to other businesses in the B2B e-commerce. Companies are now mutually buying and selling products and services on the internet.

What is e-commerce consumer oriented application and example?

Which types of applications are called as consumer oriented applications? Movies on demand, video cataloging, interactive Ads, Multi-user games, on-line discussions. Financial Services and Financial news.

What are the four types of consumer oriented applications of e-commerce discuss them briefly?

Four Traditional Types of Ecommerce Business Models

• B2C – Business to consumer. B2C businesses sell to their end-user.
• B2B – Business to business. In a B2B business model, a business sells its product or service to another business.
• C2B – Consumer to business.
• C2C – Consumer to consumer.

What is the largest online shopping site?

Top Websites Ranking for E-commerce And Shopping in the world

What is the difference between retailer and merchant?

As nouns the difference between merchant and retailer is that merchant is a person who traffics in commodities for profit while retailer is a retail sales company or salesman.

What are the four types of consumer oriented applications of e-commerce?

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer).

What does inter-organizational mean?

Definition of interorganizational : occurring between or involving two or more organizations (such as businesses or associations) interorganizational cooperation.

What is meant by inter Organisational e-commerce How does it differ from intra Organisational e-commerce?

“E-Commerce (5576)” INTRA- AND INTER- ORGANIZATIONAL SYSTEMS ‘Inter’ means ‘between’ or ‘across’. Interorganization means between two organizations. Intraorganizational means within an organization. “This means that people or departments within an organization are working together or collaborating.

What is mercmercantile process?

Mercantile process is an interaction model between consumer and Merchants for online commerce. • This is necessary to buy and sell goods, a buyer, a seller, and other parties should follow some standard business processes. • The establishment of a common merchant process (or set off processes) is must to increase the convenience for customers.

What is an ecommerce process flow?

What is an eCommerce process flow? An eCommerce process flow can often be an area of online retail that is overlooked. In order to maximise sales opportunities and stay cost competitive, mapping out your eCommerce processes can help your business highlight key areas that may require automation or modification, and ultimately, improve performance.

How can I model my own ecommerce process?

To help you model your own eCommerce process model we have created a workbook that details an automated eCommerce process flow. This workbook can be used as a starting point to map your eCommerce process and to help you identify areas where your business can improve its processes.

What is an automated ecommerce process?

An automated process will reduce employee time in cross-referencing your business software for stock availability and product location. It will dynamically automate the creation and printing of your pick lists. For a detailed overview of automated eCommerce processes, download the workbook.