E-commerce The Secretarys Business tool
E-commerce has become an integral part of modern business
transactions, and presents an exciting alternative to the
traditional business models. Advances in information technology
have resulted in businesses opening up markets and trading
communities on the web.
The web itself has attracted a great deal of attention in
recent years, perhaps significantly in the influential business
world. Reporting on the web is currently fascinating to readers
and listing of web addresses is useful to customers and companies
as it is the beginning of interaction between the two parties.
What is e-commerce? Electronic commerce as it is fully known
is a facility where buyers and sellers meet on a common market
and trade electronically. Driven by increased competition
in many industrial and consumer markets some corporate companies
and small companies have moved away from the conventional
trading markets to set up the virtual markets on the web where
they can interact with their customers worldwide.
In the Zimbabwean scenario many companies are still to explore
electronic commerce. The financial sector though is one industry
which has made significant strides in making the Internet
a place were their clients can transact.
These are exciting advances in telecommunications and Zimbabwe
is beginning to capture the essence of the facility. The facility
is destined to expand in many sectors of the economy in line
with the globalization concept taking place world wide as
the world becomes one big market place.
E-commerce allows both consumer and industrial consumers
to access a host of products from the web and make electronic
payments for the products they have acquired. Companies set
up or are in the process of setting infrastructure that their
customers can use to carry out transactions on the web. Customers
can transfer funds, make payments, write cheques, talk with
electronic tellers (where they are always first in time.)
and see bank manager for additional requests, complaints and
general feedback.
Africom is helping the community to get involved in e-business
by rolling a network. This is essentially a platforvfcx m
where companies who want to venture into e-commerce have a
chance to do so. Some companies have already started engaging
in e-commerce using the platform provided by Africom. This
facility will allow companies in every.htmlect of the economy
to get involved in e-commerce in carrying out their day today
business.
Customers using e-commerce for purchasing of commodities have
access to a lot of benefits. They do not have to go to shopping
malls for their shopping, they can order and transact from
the comfort of their homes. There is a wide selection of goods
available from many different suppliers so you can choose
the best and most reasonably priced product much more easily.
In addition, the transition to a cashless society is much
easier when trading on the Internet. Everyone can be using
electronic cards.
The Africom broadband platform will make available a whole
range of services that are important to make e-commerce a
reality in Zimbabwe. Africom has made investments in telecommunications
infrastructure as well as preparing a platform where everyone
everywhere can be networked and trade on the web effortlessly.
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