Mercantile Models Of E-Commerce From The Consumer’s Perspective


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Mercantile Models Of E-Commerce From The Consumer’s Perspective:-

 

The online consumer expects quality, convenience, value, low price and control.

 

To meet these expectations, the business process model from consumer’s perspective grouped seven activities into 3 phases.

 

Seven activities are

 

1)Product / service search

2)Product selection

3)Negotiations of terms

1)Pre-purchase

determination

4) Placement of order

5)Authorization of payment

6)Receipt for payment

2)Purchases

consumption

7)Customer service and support 3)Post purchase interaction

 


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