The internet provides a sophisticated communication tool between a businesses or between a business and its potential customers. A catalogue of products or services provided by a business can be listed on the web. Theoretically, anyone in the world with a computer can browse that catalogue and proceed to purchase the article or service, this can be done within a matter of seconds.
Before e-business, if you wanted to buy a particular book you would go to a bookshop and try to find it or order it. Now it can be searched for and ordered from a internet-linked computer at a number of booksellers. The book is paid for using an on-line transaction from a credit or debit card. Although for many customers it is pleasurable to go around bookshops, for other customers the on-line ordering is preferable. This new convenient way of shopping for all products has been one of the cornerstones of e-business.
Although there are occasions when we need to go to financial institutions to sort things out face-to-face, their are many occasions when transactions can occur automatically (for example by the direct debits). Financial institutions have also produced facilities over the las few years with which their customers can manage their accounts on the internet.
So e-Business refers to selling and buying products and services using the internet as the principal means of communication between parties.
In order to carry out e-Business the business first of all needs to develop a web site , preferably with a domain name that is memorable and/or relates to the name or activities of the business. The web site need to be hosted on a server that is connected to the internet. In order for a web site to be easily found by surfers, the web site need to be promoted .