ecommerce recommendations and related topics

digital wallet

(1) Encryption software that works like a physical wallet during electronic commerce transactions. A wallet can hold a user's payment information, a digital certificate to identify the user, and shipping information to speed transactions. The consumer benefits because his or her information is encrypted against piracy and because some wallets will automatically input shipping information at the merchant's site and will give the consumer the option of paying by digital cash or check. Merchants benefit by receiving protection against fraud. Most wallets reside on the user's PC, but recent versions, called "thin" wallets, are placed on the credit card issuer's server. Netscape and Microsoft now support wallet technology on their browsers. (2) Digital Wallet, a registered trademark of Minds@Work, is a self-powered portable hard drive used for storing digital camera images.

CRM

Short for customer relationship management. CRM entails all aspects of interaction a company has with its customer, whether it be sales or service related. Computerization has changed the way companies are approaching their CRM strategies because it has also changed consumer buying behavior. With each new advance in technology, especially the proliferation of self-service channels like the Web and WAP phones, more of the relationship is being managed electronically. Organizations are therefore looking for ways to personalize online experiences (a process also referred to as mass customization) through tools such as help-desk software, e-mail organizers and Web development apps.

eBusiness Definition

eBusiness (electronic trouble) is, in its simplest form, the direct of trouble on the Internet. It is a more generic locution than eCommerce since it refers to not only buying and selling however as well servicing customers and collaborating with trouble partners.
IBM, in 1997, was one of the first to employ the locution when it launched a campaign built around the locution. Today, many corporations are rethinking their businesses in terms of the Internet and its capabilities. Companies are using the Web to acquire parts and supplies from other companies, to collaborate on sales promotions, and to do joint research. Exploiting the convenience, availability, and global reach of the Internet, many companies, both large and miniature have already discovered how to employ the Internet successfully.
If it's age for your trouble to move online or to improve it's existing online infrastructure, then I invite you to review my employment with ebusiness solutions to see how I can aid you.
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