INTRODUCTION
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Well Hello! Welcome to E-commerce page. As we all know that E-commerce is the new
trend when it comes to the process buying and selling of goods and services, or
the transmitting of funds or data, over an electronic network, primarily the
Internet. You can get anything you want just by a click if it is involved with
E-commerce.

UNIVERSAL STANDARDS

      Another obvious unusual feature of e-commerce technologies is there is one set of technical standards of the internet that is universal standards. Internet are shared by all nations around the world and enable any computer to link with any other computer regardless of the technology platform used by each one of them. As an example, files can be exchanged with someone in another country. In contrast, most traditional commerce technology differ from one nation to the next. For instance, television and radio standards differ around the world.

      The universal technical standards of the internet and e-commerce greatly lower market entry costs which is the cost that merchants must pay simply to bring their goods to the market. At the same time, for consumers, universal standards reduce search cost which is the effort required to find suitable products.


    In the past, only few companies could compete at a global market after went through many different systems based on cultural and social aspects of the host country.  Such commerce systems varied from one country to the next.  E-commerce has decreased this affect tremendously through the use of universal standards which are shared by all nations around our world. Universal standards also develop networking externalities benefits that arise because everyone uses the same technology.