Artielewicki

 E-commerce is a highly valued Business Information System (IS) for companies, corporations, and the paying customer. This type of IS allows for company-to-company transactions, company to customer transactions, and company to public market exposure. E-commerce relies on mobile electronic transactions and the consumer’s ability to access wireless Internet. With smart phones and applications booming, companies are developing their own smart phone applications that allow people to make purchases from their tablet or phone with out having to physically be in one of their stores. Items can then be either shipped directly to them or picked up at a local store nearby pending the items availability and company options. This satellite form of business has the ability to boost a company’s stock price and market value if all of its benefits are being utilized at maximum capacity. The value of E-commerce is seen beyond the extra revenue it generates. Web site and mobile orders that use shipping require a great deal of information from the consumer in order to complete the purchase. Informational output such as email, location, history of sale, product style, phone numbers, etc. is compiled by the company and stored. Analyzing this statistical information correctly and finding out the central tendencies from the data pool will show the value of the entire package. It will show which products are being sold the most, where they are being sold, and at what rate they are being sold. Knowing when and where to advertise an array of products is similar to sport specific training. It will meet their organizational goals by giving them the best chance of selling the most products based on the demand in that area. The downside of this method is that companies have the information but aren’t even aware that they have it or if they do they have it they don’t know how to use it or interpret it. The input is the sale and information collection, the process is means of delivery and coming up with statistical data, output is interpreting the data usefully, and the feedback is how effectively the system is used.