At the simplest level eCommerce is doing business through electronic rather than traditional media.  It encompasses all manner of commerce, including business-to-business, business-to-consumer and consumer-to-consumer transactions and involves:

  • Electronic marketing research
  • Electronic catalogs
  • Website management
  • Automated negotiation
  • Secure electronic payments
  • Distributed transaction processing
  • Order fulfillment
  • Customer satisfaction
  • Data mining and analysis

Few fields of business are so intimately tied to technology.   Implementing eCommerce calls for a blend of:

  • Networking
  • Distributed databases
  • Computer security
  • Internet programming
  • Multimedia
  • Web facilities
  • Intelligent agents
  • Human interface design

Successful introduction of electronic commerce requires an understanding not only of its true costs and benefits, but such issues as:

  • Business reengineering
  • Change management, including integrating legacy systems with Internet front ends
  • Supply chain structures
  • Accounting and auditing in electronic businesses
  • Changing role of intermediaries
  • Nature of money as a medium of exchange
  • Rapid business reaction time
  • Trends in eCommerce law, policy and regulation
  • Future technology

The programs of the Institute for eCommerce involve all of the above topics.