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P2M Infotech Private Limited
(P2M)
BUSINESS FOCUS - E- COMMERCE
Electronic
Commerce or e-commerce is
the trade of products and
services by means of the
Internet or other computer
networks. E-commerce follows
the same basic principles as
traditional commerce that
is, buyers and sellers come
together to swap commodities
for money. But rather than
conducting business in the
traditional way in shopping
stores or through mail order
catalogs and telephone
operators � in e-commerce
buyers and sellers transact
business over networked
computers.
P2M Infotech expects online
retail sales to reach $44
billion during the months of
November and December 2008,
a 12% lift over the previous
year. While consumers remain
pessimistic about the health
of the US economy, online
shopping drivers of
convenience, selection, and
perceived value continue to
attract buyers to the Web
this holiday season. The
silver lining in the cloud
of the global recession is
that Web businesses are
certain to fare better than
their offline counterparts
as consumers continue to
shift their daily activities
online.
The primary objective behind
setting up of P2M is to
focus on this growing market
which has tremendous
potential and possibilities
in terms of global reach
transcending geographical
boundaries, minimal set up
costs and effective
operations using modern
technology.
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