Hi, need to submit a 2250 words paper on the topic E-Commerce Application Development. The growth of the Internet, which drastically augmented the utilization of e-commerce by businesses or organizations during the mid-1990s, offered a key role in diminishing distribution expenditures, therefore, it facilitated lower the ratio of fixed costs in the cost structure (Burger, 2006), (Yue & Wang, 2009), and (Kim, Kim, & Shin, 2009). No doubt, the Internet has turned out to be an essential part of how we exchange information or communicate with others and how we manage a business. The rapidity, as well as ease of the online experience, makes it a superlative means intended for customers and businesses. This report will outline online business and different related aspects of electronic commerce. This report will discuss different contemporary e-commerce models with real-world applications. This report will also discuss different options and technologies for online payment. After that, there will be a discussion about the options for promoting or marketing e-commerce. And in the last section, the main security threats to our business website will be discussed. Contemporary E-Commerce Models The e-commerce model is a modern approach for businesses to generate revenue or earn money and enlarge their customer base (Jeanty, 2009). The e-commerce models mainly clarify diverse methods for earning profits. The e-commerce model describes the main business earnings and its relation to the sales of products or services. This can be both for selling straightly from the main or, dealer of the service in the course of a mediator who will obtain a cut of the selling cost (Carter, 2009). There are numerous ways for online revenue generation. Online payment system Payments are an essential element for conducting business, whether in the customary means or online. Unluckily, in many cases, customary payment methods are not successful for electronic commerce, especially for B2B (Turban, Leidner, McLean, & Wetherbe, 2005, p. 208).
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