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Advantages Of E-Commerce
Name: Sze Onn Yan & Lee Mun Yee Student ID: 13079397 & 14020176 Group: 7 Course Code:
ENG1014 Course Name: English for Business Assignment: Argumentative/ Persuasive Essay
Weightage: 15% Title of essay: E–commerce refers to the buying and selling of products and
services by businesses and consumers over an electronic medium like the Internet. One of the
advantages of e–commerce is that it allows businesses to promote and sell their products and
services online, enabling them to reach both the local and international market conveniently. Some,
on the other hand, argue that it still lacks the personal touch which is vital in business development.
In your opinion, will e–commerce replace the traditional business transaction within the next ten
years? Traditional business transactions have continued for 3000 years since the invention of money
and is well valued and appreciated. Though most people are accepting technology as part of their
lives now, the more old–fashioned ones still prefer to do things the traditional way. It is hard to
convince them of the benefits technological advancement has brought to our lives with their strong
opinion on tradition. Despite these old–fashioned ... Show more content on Helpwriting.net ...
Nonetheless, as compared to spending on petrol and transportation, e–commerce is actually more
cost saving. The transportation fee saved up by shopping online can be used to buy extra items while
being charged the same shipping fees. Some e–commercial businesses even provide free delivery
and some would waive off shipping fees when customers spend more than a certain amount. Besides
avoiding spending on petrol and transportation, e–shoppers can also avoid the hassle of finding
parking. They can 'shop' leisurely at home in their own time without the constant hammering of
salespersons to look for the cheapest deal in
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Disadvantages Of E Commerce
Bloomberg shows that "Alibaba Group Holding Ltd.'s 2017 Singles' Day generated a record 168.2
billion yuan ($25.3 billion) in sales" which involved "at least 225 countries and regions."
Electronic commerce, commonly known as e–commerce, refers to "buying and selling processes
that make use of electronic technology" (Ebert, 274). With the development of technology, e–
commerce becomes increasingly popular and affects traditional retail sales negatively. More and
more people would like to buy and sell goods and services through internet. The statistic from
Adobe Systems Inc., in 2017 "e–commerce sales are up about 17 percent," conversely, "the number
of people visiting U.S. stores on Thanksgiving and Black Friday fell 4 percent from last year"
(Nassauer and Stevens). By considering this percentage, e–commerce has more competitive
advantages than the traditional retail industry as it provides customers a more efficient and cheaper
way to shop, increases businesses profits by reducing total company expenses, and leads to domestic
economic stability and growth.
Customers prefer shopping online as internet retail could save their money and time. Although
physical store provides deals and coupons, usually online shopping gives a much higher discount
rate. For instance, according to the Adobe Digital Index, "the cost of televisions bought online
dropped 20.3% over the course of a year, however, the cost of televisions bought in–store falling just
15% during that time"
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E Commerce
Electronic commerce, commonly known as e–commerce, is a type of industry where buying and
selling of product or service is conducted over electronic systems such as the Internet and other
computer networks. Electronic commerce draws on technologies such as mobile commerce,
electronic funds transfer, supply chain management, Internet marketing, online transaction
processing, electronic data interchange (EDI), inventory management systems, and automated data
collection systems. Modern electronic commerce typically uses the World Wide Web at least at one
point in the transaction's life–cycle, although it may encompass a wider range of technologies such
as e–mail, mobile devices social media, and telephones as well.
Electronic commerce is ... Show more content on Helpwriting.net ...
E–commerce can be divided into:
E–tailing or "virtual storefronts" on websites with online catalogs, sometimes gathered into a
"virtual mall"
The gathering and use of demographic data through Web contacts and social media
Electronic Data Interchange (EDI), the business–to–business exchange of data
E–mail and fax and their use as media for reaching prospective and established customers (for
example, with newsletters)
Business–to–business buying and selling
The security of business transactions
Internationally there is the International Consumer Protection and Enforcement Network (ICPEN),
which was formed in 1991 from an informal network of government customer fair trade
organisations. The purpose was stated as being to find ways of co–operating on tackling consumer
problems connected with cross–border transactions in both goods and services, and to help ensure
exchanges of information among the participants for mutual benefit and understanding. From this
came econsumer, as an initiative of ICPEN since April 2001. www.econsumer.gov is a portal to
report complaints about online and related transactions with foreign companies.
There is also Asia Pacific Economic Cooperation (APEC) was established in 1989 with the vision of
achieving stability, security and prosperity for the region through free and open trade and
investment. APEC has an Electronic Commerce Stearing Group as well as
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Disadvantages Of E Commerce
Thanks to development technology, e–commerce, which has revolutionized nearly every industry in
the world has become more and more popular and effect on a business and people (Bandyo–
Padhyay, N. 2002). According to Bandyo–Padhyay. N (2002), it is a trendy expression that web
based business performed in the right on time to the center of the 1990s and quickly turned into a
typical term in the business and scholastic world. Internet business (Electronic trade) implies
working business electronically which is exchanging products, services, and expertise utilizing PCs
connected to each other. Nowadays, a business should respond to the growth of e–commerce, if they
want to remain competitive. This essay will show the importance of e–commerce, ... Show more
content on Helpwriting.net ...
Another statistics of e–commerce is electronic commerce market in the United Kingdom. In the UK,
the percentage of the internet user who made a purchase online in 2015 was just over 75 percent,
according to Gemma (2016) and after it encouraged online sales to grow by 16.2 percent, it stood at
14.9 percent in 2016.
There are many good examples of e–commerce companies, such as Amazon, Vauxhall, Tesco,
Newham Online, Priceline, The Flying Noodle... According to Bidgoli, H (2001), Amazon is an
example of the potential of e–commerce for an entrepreneur with the right vision and it shows how a
small company can be a threat to the large and established ones with the help of e–commerce.
Amazon founded in 1995, this firm was the creators of e–commerce and the first to offer the book
on the web. The entrepreneur of Amazon is Jeff Bezos who foresaw the fascination for the client of
hunting for books to purchase on their PC or advanced mobile phone, perusing surveys and extracts
on the web and choosing and purchasing without visiting the store. Besides, large companies, such
as Vauxhall and Tesco have gained a rival benefit by utilizing their sites to set up better client
connections and quicker development of products (Bidgoli, H. 2001). Firstly, Tesco has known
quick moving
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Challenges Of E-Commerce
Abstract E–commerce abbreviation stands for Electronic Commerce. In E–commerce we do
business online that is on internet. It is part of the IT (information technology) revolution and now
days used widely in the world trade and in Indian economy. E–commerce showing tremendous
business growth in our country, due to increasing number of internet users in India. In this paper I
attempt to highlight the various essential factors required for growth of E–commerce and various
challenges E–commerce facing in India. Keywords E–commerce, Challenges, Growth Factors,
Electronic fund transfer, Online retail. Introduction E–commerce dealing in goods & services
through online that is through electronic media & internet. The rapid growth of e–commerce in India
is due to ... Show more content on Helpwriting.net ...
E–commerce is future of shopping. Due to E–commerce the gap has been reduced between
manufacturer & consumer. According to Indian population their vast scope for e–commerce because
currently in India only 19% people using internet for selling & buying goods & services so
remaining percentage we can considered that we having scope in Indian Market. There is weak
Cyber security Law in India that is why Indian People are facing challenges toward e–commerce.
The future of e–commerce e in India would be bright in the upcoming years if all essential factors
would be implemented, by establishing cyber & have their benefits as per people wish. The role of
government is to provide a legal framework for e–commerce so that while domestic & international
trade are allowed to expand their horizons, basic right such as privacy, intellectual property,
prevention of fraud, consumer protection etc. are all taken care of. The expansion of e–commerce
has been developed in rural as well as urban area in reign able cost for consumption, because of that
more people are getting linked with e–commerce & the ratio of that is getting increase day by
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E Commerce Vs. Electronic Commerce
There are plenty of ways to define the definition of E–commerce. For example, according to the
Oxford Dictionary, E–commerce or electronic commerce is the commercial transaction that
conducted electronically on the Internet. Some people define E–commerce as the processes of
buying, selling, or exchanging products, services, and information by using the computer network
technology such as the Internet. E–commerce does not only provide the function of buying and
selling goods and services online via digital mediums such as Internet, but the function facilitating
the entire purchasing and selling processes for both sellers and buyers (JENNEX, AMOROSO and
ADELAKUN, 2004). The website INVESTOPEDIA.com stated that E–commerce is one type of the
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E–commerce has built a nearly perfect market because immediate and people are able to compare
the offerings from numerous sellers worldwide. The growth of E–commerce has numerous
advantages over the traditional stores or brick–and–mortar stores, which include greater flexibility,
improved market outreach, lower cost structures, faster transactions, broader product lines, greater
convenience, and customization (Srinivasan, Anderson and Ponnavolu, 2002). E–commerce
provides opportunities to businesses especially in developing countries to access to the global
market and reduce the transaction costs, and also helps developing countries to overcome the world
economy problems (Lawrence and Tar, 2010). Since E–commerce enables all businesses from
anywhere in the world to access to the global market, all people have equally chance to compete
with the others. Without E–commerce, it is almost impossible for small–medium enterprises (SMEs)
to compete with the large organizations due to the amount of the capitals that makes the larger
organizations to hold the advantages over the smaller organizations. E–commerce is involved the
use of the information technology (IT) to improve the communications and transactions with all of
an organization's stakeholders. E–commerce is also used as a new innovation strategy to raise
business competitiveness,
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Trust In E-Commerce
Question
Respond to the following questions in essay format:
Why is consumer trust important in e–commerce? Compare traditional (non e–commerce) markets
to e–commerce markets.
Given the global nature of online transactions, why consumer trust differs across cultures?
The submission should have around 1000 words.
Answer:
Trust and Ecommerce
Everyday we place our trust in people and the services those people provide. We trust that our
friends will not betray our confidences, that the water we drink will not make us ill, that the building
we work in will not collapse, that the vendor we buy from will not overcharge us, and so forth. In
order to be productive and comfortable in our lives, we must routinely place our trust in these
familiar environments (Xiong & Liu, 2003). By and large, the Internet, and ... Show more content on
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(2006). Convergence and trust in eCommerce. BT Technology Journal,24(2), 214–218.
Thaw, Y. Y., Mahmood, A. K., & Dominic, P. (2009). A Study on the Factors That Influence the
Consumers Trust on Ecommerce Adoption. arXiv preprint arXiv:0909.1145.
Brendon, C. F. (2002). In ecommerce, customer trust is no longer an option: It is the requirement for
success. In ASQ World Conference on Quality and Improvement Proceedings (p. 355). American
Society for Quality.
Olsson, O. (2002). Trust in eCommerce–the ontological status of trust. ECOM–02–Electronic
Commerce–Theory and Applications.
Gefen, D., Rao, V. S., & Tractinsky, N. (2003). The conceptualization of trust, risk and their
electronic commerce: the need for clarifications. InSystem Sciences, 2003. Proceedings of the 36th
Annual Hawaii International Conference on (pp. 10–pp). IEEE.
Riegelsberger, J. (2002). The effect of facial cues on trust in e–commerce systems. In Proceedings of
HCI (Vol. 2).
Kim, H. B., Kim, T. T., & Shin, S. W. (2009). Modeling roles of subjective norms and eTrust in
customers' acceptance of airline B2C eCommerce websites. Tourism management, 30(2),
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Essay on E-commerce
As more and more businesses look for ways to secure electronic marketing online, there is a greater
need for E–commerce. Whatis.com defines E–commerce (EC) as the "buying and selling of goods
and services on the Internet. As more and more companies accept the challenge of E–commerce, e–
business security and security software is becoming a factor that corporations need to meet. We will
discuss what E–commerce is and how it is used and the advantages and disadvantages. Security
systems for EC have four categories that include: Authentication: Verifies who you say you are. It
enforces that you are the only one allowed to logon to your internet banking account; Authorization:
Allows only you to manipulate your resources in specific ... Show more content on Helpwriting.net
...
EC systems are also used for the service industries. For example, online banking and brokerage
services allow customers to retrieve bank statements online, transfer funds, pay credit card bills,
apply for and receive approval for a new mortgage, buy and sell securities, and get financial
guidance and information (Khusial, & McKegney, 2005). 3dCart is software that can be used for
EC. The 3dCart has over 100 features to help any business grow. Some of the features are: 24/7 free
technical support, easy to use Web Administration, online support, forums, tutorials, knowledgebase
and videos, inventory control, real time shipping (UPS, FEDEX), secure PCI compliant hosting;
existing website migration, Google checkout; PayPal payment, and many other features. E–
commerce is the host for 3dCart and has a 99.9% uptime. 3dCart is hosted at the largest datacenters
around the United States including: RackSpace, SoftLayer, ThePlanet, Peer1, and LiquidWeb. The
servers are continuously monitored, every 60 seconds, to make sure if a problem occurs, the
technicians are able to quickly solve it by working with the datacenters. There are many EC
corporations online accommodating thousands of consumer daily. Some major corporations are
Wal–Mart, J.C. Penny, Staples, Amazon, Best Buy and many others. These companies use portals
like, Yahoo, AOL, Google, and PayPal. These companies accommodate consumers that
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Essay On E-Commerce
Over the years, E–commerce (Electronic Commerce) has brought lot of changes in the business
world. It refers to the buying and selling of goods and services without using any paper documents
to the customers through electronic medium (investorwords.com, 2016). The E–commerce was
introduced on 1970s as a transfer of funds. The development of e–commerce was fast over the
countries since 2000. E–commerce is considered to be one of the ways of increasing profits in firms.
Small and medium–sized enterprises (SMEs) are determined by staff headcount and either turnover
or balance sheet total (Ec.europa.eu, 2016). SMEs have been contributing to the more economic
growth and job creation (forbes.com, 2015) .SMEs has experienced significant changes in business
when they adapted to e–commerce. This essay will go through the relationship between e–
commerce and small–medium sized organization, changes and development E–Commerce has
brought to the world of SMEs. The introduction of E–commerce is one ... Show more content on
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There are vast number of reasons why this e–commerce does not work actively, these reasons vary
according to the countries and regions. The cost is the important and crucial issue for the small firms
since they do not have much investment than the larger companies. The lack of knowledge and
awareness of E–commerce world, poor business strategies, lack of skills and time to implement
SMEs, fear of failure etc. Security continues to be the most important problem for online businesses
as customers have to feel confident and trust about the integrity of the payment process before they
commit to the purchase. Slow internet connections, lack of electricity supply and financial
infrastructures will lead to poor e–commerce in small and medium sized firms. There many positive
and significant impact of e–commerce in small and medium sized firms such
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Problems of E-Commerce
Prospects and Problems Of E–commerce Prospects and Problems of E–Commerce Prepared for S I
Nusrat A Chaudhury Associate professor Department of Business Administration & Head of Career
Counseling Center East West University Prepared by Razoanul Amin Talukder 2005–2–10–207
Sazzad Hossain 2005–3–10–091 Tanzia Afrin 2005–2–10–271 Sk. Abdul Mukit 2005–2–10–135
Golam Kibria 2005–3–10–136 Date of Submission: April 13, 2008 [pic] 10 April 2008 To whom
may it concern I am approving that (1) Razoanul Amin Talukder, Id: 2005–2–10–207 ; (2) Sazzad
Hossain, Id: 2005–3–10–090 ; (3) Tanzia Afrin, Id: 2005–2–10–271 ; (4) Sk. Abdul Mukit, Id:
2005–2–10–135 and (5) Golam Kibria, Id: ... Show more content on Helpwriting.net ...
|Chapter–4 |Types of e–commerce | | | |Business to business | | | |Business to consumer | | | |Consumer
to consumer | | | |Government to consumer | | |Chapter–5 |Essetial e–commerce process | | | |Access
Control and Security | | | |Profiling & Personalizing | | | |Search Management: | | | |Content &Catalog
Management | | |
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E
E – Commerce
"E–Commerce", a term so widely and frequently used that it could have various meanings. In our
world, E–Commerce has become so widespread that we encounter it in almost every aspect of our
lives. Let's take the example of web addresses, open the fridge and you'll see a web address on
almost every packaged product. This proves that more and more companies are making it to the
web. The Internet has created a new world for them, a world where there is more interaction with
customers and many financial benefits for the company.
E–Commerce is not only advantageous for businesses but it has also made the customer's life better
and easier. Instead of having the customer go to the store and buy ... Show more content on
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4. You will fill out an online order form with the shipping information. To pay, you type in your
credit card number, and any other information the merchant requires.
5. Your credit card information encrypted and sent to the merchant.
6. You then receive an on–screen confirmation. Some merchants also send an e–mail confirmation.
(From http://learnthenet.com)
According to http://www.howstuffworks.com, some of the most successful e–business sites are:
· www.amazon.com –– books
· www.dell.com –– computers
· www.cdnow.com –– CDs
· www.travelocity.com –– travel
· www.etoys.com –– toys
· www.peapod.com –– groceries
· www.priceline.com –– a new model made possible by the Internet, here in unused inventory
distribution
· www.mp3.com –– a new model made possible by the Internet, here in music distribution
· www.ebay.com ––a new model made possible by the Internet, here in on–line auctions
Database Publishing
Around the age of seven I encountered the first of many representations and uses of a database. The
database I am referring to is the card catalog still used today in some libraries. I remember how easy
it was for me to find a book that I was looking for or interested in looking for. All I had to do was
look for the
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Disadvantages Of E-Commerce
As described by Reynolds, E–commerce takes several forms, including business–to–business (B2B),
business–to–consumer (B2C), consumer–to–consumer (C2C), and e–government (e–gov). It's any
type of organization, or that includes the transfer of information across the Internet. It covers a range
of different types of businesses, from consumer based retail sites, through auction or music sites, to
business exchanges trading goods and services between corporations. It is currently one of the most
important aspects of the Internet to emerge (Reynolds, 2016). While there are multiple factors of e–
commerce operation for retail interacting with its customers the three primary benefits are effective
customer service, convenience, easy and timely efficient orders.
As technology has evolved it has transformed society for many people around the world. Within the
last few years e–Commerce has become one of the ideal ways of shopping as individuals enjoy
online shopping because of its easiness and convenience. The ease of buying products or services
from the privacy of your own home anytime of the day. Buying options are reduced to a minimum
with the ability to transfer funds online. Because of its accessibility, consumers can save time as
well as money by searching for everything online. One of the advantages that ecommerce operations
interact with it customers is providing effective customer service and convenience. It is an important
factor causes of shopping intention. The location is
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Disadvantages Of E Commerce
To begin with, what is e–commerce? In a general term e–commerce is an electronic business that is
done on the internet. There are different types of things that can be done on the internet, such as
banking, fund transfer, advertising, buying, and selling goods. But one thing that stood me out the
most is, how digital stores are taking away retail stores, and rapidly changing in many ways? But,
my question leads to what will happen in next three to five years? Will it completely take away
physical world e–Markets? Because, looking at the technology in past three to four years, it has
improved day by day, and changed the working style of people. Such as Amazon, Facebook, PayPal,
and other online business made people's life easier to buy and sell products from home. Although,
having online company is a fantastic idea but, there are some advantages and disadvantages of
online stores, and retail stores. Furthermore, having online stores is much cheaper, all you need is a
really good–looking website. Unlike, the retail store you don't have to worry about paying rent,
maintenance, or other utility bills to stores. One thing to worry about is the online market is getting
bigger, there is an increase in internet crimes. Due to these issues, people are really concerned about
the privacy, and security of their information. So, you do have to spend money maintaining your
website time to time. Lack of maintenance can also affect your business. Such as, customers privacy
is important,
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E-Commerce for My Business
Based on my future reading from "The Relationship between E–Commerce Adoption and
Organization Performance" , the finding is also quite similar with these journal by which it had
stated that the click–and mortar firm should also applying e–commerce and determine the necessary
areas that need to be re–engineered in the process to increase the firm's performance. However, it
had been recommended that future researcher should consider some factors in determining their
research by which Mutia Sobihah Abd Halim etc did not apply. The other factors consist of
performing a comparative study between the hotels that using e–commerce with the hotels that still
not uses it; it also should involve the e–commerce hotels' user, as well as conducting this study in
the other industries in Malaysia.
As in "Exploring the determinants of e–commerce usage in the hotel industry in Thailand: An
empirical study" written by Pongsak Hoontrakul and Sunil Sahadev, the research found that there
are many factors that influence the usage of e–commerce in hotel industry for the developing
country, Thailand. Based on this, some other factors that need to be considered in the methodology
the size of the hotel in terms of the number of rooms, the scope of activities of the hotel in terms of
activities that the hotel is engaged in, the type of the hotel in terms of economic segment it is
targeting and the age of the hotel. Thus, the study made by Mutia Sobihah Abd Halim etc should
also determine these
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Electronic Commerce And E Commerce
Electronic Commerce
Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e–commerce
stating, "E–commerce refers to the production, advertising, sale, and distribution of products and
services from business to business and from business to consumer through the internet" (p. 150).
These activities can take place in many environments between businesses and consumers. E–
commerce has changed the way goods and services are exchanged and have given light to
businesses and consumers to exist on a global scale without an established brand. With e–commerce
defined, let us look at its origin.
E–Commerce Origin
E–commerce has origins that trace back to the mid 1900s. In these times very few organizations had
access to the very expensive electronic data interchange (History of E–Commerce, n.d.). E–
commerce is now being used in all types of business, including manufacturing companies, retail
stores, and service firms. E–commerce has made business processes more reliable and efficient.
Consequently, e–commerce is now essential for businesses to be able to compete in the global
marketplace. "E–commerce is now being used in all types of business, including manufacturing
companies, retail stores, and service firms. E–commerce has made business processes more reliable
and efficient" (Smith, K.T., 2011, p.3). Consequently, e–commerce is now critical in order for
businesses to compete in the global marketplace. Knowledge that was distributed over this network
paved the
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E Commerce Is On The Rise
I agree with your post. I believe that brick and mortar businesses are highly relevant despite the fact
that e–commerce is on the rise. I too enjoy shopping online sometime mainly due to my shopping
habits and simply out of convenience. Joseph (2016) acknowledges that, E–commerce has the
convenience component nailed down. Moreover, that is essentially why people like online shopping,
consumers like that they have to exude little effort or difficulty, they simply just have to scroll down
a page to look at the products available and place them in their online cart. Likewise, they are able
to avoid waiting in lines and searching for a parking spot. However, convenience is highly important
and essential especially in today's time when people have so much on their plates that they rarely
have time to factor in time for shopping in actual stores. Furthermore, the reason as to why brick and
mortar stores are still relevant and people still utilize them is because they have some attributes that
E–commerce does not have such as an opportunity and time for consumers to walk into a physical
store, opportunity for face–to face interaction, able to physically pick up the items, feel them, smell
them or taste them.
I personally know that brick and mortar businesses such as grocery stores serve a major benefit
because I like to go in the store and pick out my items personally. Especially when it comes to fruits,
vegetables, and meats. I need and want to be able to compare the items
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E Commerce And E Business Essay
Online businesses are those kinds of firms that do not have a physical presence, and their operations
are mainly virtually run and controlled. These types of activities are in other words referred to as e–
commerce or E–businesses. The management of the businesses, as well as the supervision of the day
to day operations of the business, is done virtually. The business does not have physical stores,
warehouses or shops. This type of activity utilizes electronic means for the firm transactions as
opposed to the traditional brick and mortar setup where the customer and the seller or the service
providers did business via face to face interaction.
The online business does not use physical, legal documents or physical cash for the payments of the
goods and services but utilizes the electronic money and electronic records as they transact sales.
Another name that these types of business setup are known as is the virtual businesses. The
customers interact with the seller via web applications or mobile applications as well as phone calls.
The physical presence of the buyer and the seller at the point of transacting the business is not
considered as crucial information provided the two parties can interact virtually. The internet is the
enabler of the electronic commerce because the primary tools used for interaction in this business
type is the web–enabled applications and mobile applications that access the internet to provide
information to the customer. The online business must
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E-Commerce Evolution
Evolution of E–Commerce E–commerce has become one of the most prevalent changes in the way
we do business today. Businesses, before the creation of the web, were typically at a physical
location where customers could come, browse, try–on, and purchase goods and services. Some of
the disadvantages of this business model were: customers restricted by location, the need for larger
amounts of inventory, larger retail space, and more employees to cover customer–service. E–
commerce began with the advent of the Internet and started as billboards for information and
advertisement purposes. Then as technology developed through the early 1980s, it grew into e–mail
purchasing (Compuserve). From there, the World Wide Web, internet browsers ... Show more
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The company evolved into the 3–rd party distribution market which allowed vendors to sell their
products through Amazon's web store and with Amazon handling the transactions for a per–sale
commission. This allowed for smaller vendors, who might not have the technological capabilities
and expertise to sell their products over the web, to take advantage of the many advantages this new
technology offered. One–click shopping was invented as was point–to–point tracking, where the
customer could watch how the shipping of their package progressed. But because of the inherent
complexity of these on–line systems, bad coding practices, rapid evolution of technology, constant
demand of the consumer and the predatory nature of hackers, security is becoming harder and harder
for businesses to guarantee. Security With the advent of Electronic Funds Transfer (EFT), which
transferred money between accounts; and the Electronic Data Interchange (EDI), where business
forms, purchase orders, invoices and other information can be shared electronically; the advent of
vulnerabilities in ecommerce also became a reality. In 1985 the first retail electronic banking system
was offered and subsequently hacked. In the 1990s, the use of Credit Cards on the internet led to
hackers intercepting emails and web forms to harvest these numbers by the millions. This
vulnerability lead to the development of SSL
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Expanding into E-Commerce
Expanding into E–Commerce
Off the Boardwalk and into the World Wide Web:
A Four Point Analysis
1) The purpose of this section if to provide a SWOT analysis for a small, local clothing store on the
New Jersey Boardwalk looking to transition into the online market place. Any boutique clothing
store like the one provided has many strengths. The company's unique style helps differentiate it
from its competitors. In addition, the company is small and flexible which enables it to employ
different talents, ranging from domestic to international, to meet their project needs (Pinker, 2002).
Of course, any such company has its weaknesses. The company is a local clothing store which
means it is dependent on its manufacturers and variations in material and labor costs of third parties
producers. Another problem that any small clothing store faces is coming up with new innovative
ideas that fit to mass customization for their customers (Alexander, et al., 2003). Any small, local
company looking to expand into the online market place also has numerous opportunities. Their
business currently comes from customers walking up and down the boardwalk which has a limited
season. By expanding to the internet, they will dramatically increase the number of customers
exposed to their merchandize on a global scale. Mass production by the company will allow
customers to get what they want but dilute their individual uniqueness (Pinker, 2002). Lastly, by
orienting their sales to the online
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E-commerce Essay
E–commerce
Explain what is meant by the term 'E–commerce'.
It is the conducting of business communication and transactions over networks and through
computers. As most restrictively defined, electronic commerce is the buying and selling of goods
and services, and the transfer of funds, through digital communications. However EC also includes
all inter–company and intra–company functions (such as marketing, finance, manufacturing, selling,
and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video
conferencing, workflow, or interaction with a remote computer.
Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart
cards, digital cash (e.g. ... Show more content on Helpwriting.net ...
Besides, E–commerce is also considerably fast and means that the business will be more efficient.
Furthermore, saves costs, as the business does not have the costs associated with running the
business. They do not have to pay for such things as lighting, electricity, and fittings.
With ecommerce the user has the ability to search for their product without having to look around
shops in a time consuming manner. In fact the information is at their finger tips and can be accessed
within minutes without even having to leave your home unlike shopping on the high street.
There are also many disadvantages to ecommerce and these are mainly to do with the exchanging of
information over the internet and the security measures that this entails. Every time a transaction is
made, it is often a credit card number that is submitted over the
Internet. There are many consumers today that still refrain from the practice for fear of a third party
obtaining their card numbers or other personal information
Also, as the internet is accessed by millions and possibly billions of people every day the
information that is exchanged can be accessed by people who know how to, this information can be
protected with the use of certain software and the advice of people who are experienced in this field,
but this costs money and more than often small companies who have tight profit margins do not
always give the customers the protection that they
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Strengths And Weaknesses Of E-Commerce
BG004 E– Commerce in Modern Global Economy Report on Competitive Strengths through e–
commerce Individual Assignment By Bhupinder Kaur Student ID: i144413 Date: 5th Nov 2014
Lecturer: Mr. Wilfred Kurukulasuriya Table of Content 1.0 Introduction 2.0 E–commerce
opportunities and problems 3.0 Operational requirements 4.0 Hardware, Software for undertaking e–
commerce 5.0 Findings and conclusion 6.0 Referencing Abstract In today's global economy, E–
commerce has created a very cost effective way of reaching out to the customers. In this assignment,
a clear description of ecommerce opportunities, strengths, technological advancement and how e–
commerce is helping out businesses are briefly explained. The role of ecommerce is studied by an e
commerce business Souq.com. A report on competitive strengths through e–commerce,
opportunities, advantages, challenges, development, operations to achieve company's goal. This ...
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The internet has been moved to web 2.0 and it makes small business to get worldwide exposure and
changing the nature of business. E–commerce is not limited to the internet and world–wide–web.
Information system used in E–commerce business like EDI ( Electronic data interchange) and EFT (
Electronic funds transfer), CMS( Content Management Systems, EAI (Enterprise Application
Integrations) which is foundations for the growth of e–commerce. Due to latest technology e–
commerce allows for one–to many or many–to–many approach. Souq.com is now available to
download Apple app store ( iOS) and Google pay store (android )which is free. Also available on
social media like, Facebook, Twitter,
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Disadvantages Of E Commerce
According to E–Commerce statistics (2016), "Retail e–commerce sales in the United States are
projected to grow at a fast pace in the coming years, going from 322.17 billion U.S. dollars to just
over 485 billion U.S. dollars" (para.2). Generally, people think E–commerce is simply buying and
selling of goods and services through electronic media. In today's digital world this definition of e–
commerce is not very comprehensive and well define. According to Gupta.A. (2014), " E–commerce
is the electronic communication and digital information processing technology in business
transections to create, transform, and redefine relationships for the creation between or among
organizations and individuals" (p.2). There are different categories of electronic–commerce, such as
Business–to–business (B2B), Business–to–consumer (B2C), Business–to–government (B2G),
Consumer–to–consumer (C2C), and Mobile commerce (m–commerce). All these methods of
conducting business or selling or buying products is through a proper digital /electronic channel. In
this paper, the discussion is more about online shopping through Internet and mobile device.
Nowadays, on line shopping is getting popular among people of all ages. From ordering pizza to
ordering a big giant T.V through the Internet is very common. Many people are switching their
method of purchasing goods from stores to websites. Dawson (2016) stated that, today, in most
established countries, approximately 60% of people like to purchase via
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E Commerce in Thailand
Table of Contents Introduction: 2 Economic Data 2 Evaluation of Market Potential 3 E Commerce
Industry Overview in Thailand: 4 Demographic 4 Internet Usage 4 Internet 5 Access to Internet 5 E
Commerce Business Models: 11 Internet Retail: 11 Intermediaries (3rd party market place): 11
General and vertical classifieds: 11 Lead Generation (Comparison Shopping): 11 COMPETITIVE
LANDSCAPE (Top 10 E Commerce Website) 12 Weloveshopping: 12 Dealfish 13 Tarad.com 14
Pramool 15 Notable E Commerce Startups: 16 Priceza 16 Lazada 16 Challenges and Opportunities
16 Performance of Thailand in SouthEast Asia Market: 17 Conclusion 18 Introduction: This e
commerce report identifies opportunity and threats ... Show more content on Helpwriting.net ...
Businesses are facing increasing difficulty to recruit both skilled as well as unskilled workers
Evaluation of Market Potential Thailand is facing an increase competition in labour–intensive
industries because of growing population at faster pace in neighbouring. To have competitive
advantage, Thailand must improve its quality of education and also develop the necessary skills to
improve the value–added chain. The growth of real GDP is expected to range from 4.0% to 5.0% in
medium term. The government is also trying to tackle the increasing differences in the income
distribution to ease the political tensions. Government's increased spending on flood–prevention
programme and development of basic infrastructure should drive the economy, at least by the year
2013. Constructions Sectors, building material manufacturers and the banks are likely to benefit
from the government spending plans. It is expected that potential output can rise from 3.5% in 2011
to 5% in the medium term only if infrastructure is improved and if development potential in the
lagging areas is tapped. Thailand is already experiencing a shift in retail buying habits in urban
areas. Buddhist temples and mosques serves as centre of community life in rural Thai areas, but
large cities like Bangkok have experienced a retail "revolution" which has witness large department
malls – and also more recently hypermarkets – which now emerges as primary focus for social as
well as community life. The
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E-Commerce Essay
The world largest computer network is the internet. With the astonishing growth of the Internet
nowadays, many companies are finding new ways to expand their business opportunities. One can
even say that there¡¯re almost all companies used computers in their everyday business. Thus, E–
commerce is emerging as an increasingly important way for businesses to reach potential customers.
Introduction
What exactly is e–commerce? Most casual internet users think that e–commerce is just buying and
selling online. Yet this is not the case. Simply put, e–commerce is the electronic exchange of
business information between two or more organizations. There are e–commerce conducted between
businesses and those that carried out between a business and ... Show more content on
Helpwriting.net ...
This also allows for you to update marketing and promotional materials as often and as frequently as
you would like. With increased speeds of communication, the delivery time is expedited and that
makes the whole transaction from start to finish more efficient.
The second advantage of the electronic commerce is the opportunity to cut costs. By using the
Internet, marketing, distribution, personnel, phone, postage and printing costs, among many others,
can be reduced. Companies could use the internet to search for lowest price materials for their
products. With the extra funding from cutting cost, the company could maximize their advertising
and marketing strategies. ¡°Online advertising has been growing steadily since early 2003 and is on
track to surpass the $10 billion annual spending level for the first time in history. Research firm
eMarketer predicts that more than $12 billion will be spent this year, double 2004 levels. By 2009,
that's expected to reach $22 billion.¡± (Keith Regan, E–Commerce Times)
The internet was also known as no boundaries. Compare to a physical store, you can start doing
business in the cyberspace with low models. Unlike a physical store, you could do your business
over the world with only a few computers. To maximize profits, companies could distribute
newsletters and enhance customer services over the internet. With good customer services,
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Essay On E Commerce
Electronic commerce, commonly written as e–commerce is buying and selling of products and
services by businesses and consumers over the Internet. Electronic commerce draws on technologies
such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing,
online transaction processing, electronic data interchange (EDI), inventory management systems,
and automated data collection systems. Consumers take advantage of lower prices offer by
wholesalers retailing their products. This trend is set to strengthen as web sites address consumer
security and privacy concerns. Due to the popularity of e–commerce there is a tremendous increase
exchange of goods and services both regionally and globally. Now–a–daysit has become the virtual
main street of the world. This online business refers to the E–commerce which is recently moved in
to developing countries like India. Today, e–commerce has grown into a huge industry. This paper is
outcome of a review of various research studies carried out on E–commerce. The present study has
been undertaken to analyze the present trends of e–commerce in India & examine the challenges &
opportunities of e–commerce in India. Keywords: E–commerce, recent trends, opportunities and
challenges Introduction: E–commerce is anything that involves an online transaction. E–commerce
makes consumers to get the goods at lower cost, wider choice and saves time. E–merchandise and
E–finance are the two branches of e–commerce. E commerce
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What Is E Commerce?
What is E–Commerce?
Electronic trade, otherwise called E–Commerce is business exchanges led electronically on the web.
E–commerce was presented in the 1960s through an electronic information exchange (EDI) on
quality included systems (VAN). Numerous block – and – mortar retailers that were working out of
physical structures lost business to online organizations, for example, Amazon, and EBay. Thus, e–
commerce has developed throughout the years; organizations from Walmart to little one individual
organizations now offer their items on the web.
There are three primary sorts of the E–commerce systems. They are business – to – business (B2B),
Business – to – shopper (B2C) and customer – to – buyer (C2C).
Business – to – business (B2B) ... Show more content on Helpwriting.net ...
It is also important to have a basic understanding of e–commerce law. There are different legal, and
financial considerations, regarding privacy, security, copyrighted, and taxation for those sellers
internationally or across state lines. The Federal Trade Commission (FTC) regulates most e–
commerce activities, such as the use of commercial emails, online advertising and consumer
privacy.
Over the past decade buying and selling has changed drastically from where it used to be, many of
these changes are for the good, as well as some which may be considered to be negative. The days
of being the first person in a store to buy the newest item on the shelf are nearly gone with the
advancements in technology, and the rise of popularity of social media web sites. Many people now
are one click away from being able to purchase the latest items trending around the world ranging
from food, clothes, and entertainment. Technology has changed the way we do business, but in
many ways sales has come full circle. When sales began, people brought face–to–face, from people
they knew. The industrial age took away some of this personal touch, as businesses became less
engaged with customers and focused on volume, rather than quality of customer interaction.
Today, consumers and brands are connecting on a more personal level thanks to social media.
Businesses are now keener than ever to nurture relationships with customers to achieve a
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E Commerce And The Internet
For this written assignment, I have chosen the topic of e–commerce. The reason e–commerce
interests me is I would like to find out how it relates to business in terms of importance, benefits,
and influence. E–commerce is relative to my area of study because the goal for my future company
will deal with providing services and content to customers via the internet. So what exactly does e–
commerce mean? Let's see how Merriam Webster's online dictionary defines the word: "e–
commerce noun e–com·merce ˈē–ˌkä–(ˌ)mərs Simple Definition of e–commerce : activities that
relate to the buying and selling of goods and services over the Internet Full Definition of e–
commerce 1. : commerce conducted via the Internet" (e–commerce, n.d.) Who is ... Show more
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That is why a name like Amazon.com pops up in most discussions about ecommerce." (p.1) I would
say Ebay, one of the largest e–commerce sites after Amazon, possibly falls into all the categories of
e–commerce. While it it apparent that Ebay fits comfortably into the B2C and C2C e–commerce
types, it could also be a B2B type too, as I have seen other independant online companies (some I
have dealt business with have been RunCam, HobbyKing and Atomic RC) who also register as
sellers on Ebay. Thus businesses could possibly buy/sell from each other via Ebay. Since Ebay is a
platform where almost anything can be listed, it could also suit the C2B category as well, for
example, if an individual sells their services to a company via Ebay. Now how much exactly, does
e–commerce influence the retail market today? The article "Retail Sales Worldwide" (2014)
forecasts "When it comes to retail products and services purchased on the internet, ecommerce will
account for 5.9% of the total retail market worldwide in 2014, or $1.316 trillion. By 2018, that share
will increase significantly to 8.8%, yet retail ecommerce will still account for just a fraction of in–
store purchases even as it nears $2.5 trillion by the end of our forecast." (p.1) Despite the apparently
small percentage that e–commerce shares of the retail market. Investopedia writer Tim Begany gives
us an example of a brick–and–mortar store chain that has been severely affected from online
competition: "Borders Currently
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Disadvantages Of E-Commerce
Introduction With the development of society, e–commerce, a new type of business in Marketing
emerges. It stands for Electronic Commerce. Rayudu (2009), the author of E–Commerce: E–
Business, states that "E–commerce is a selling and transfer process requiring several institutes. It is a
systematic and organized network for the exchange of goods between producers and consumers. The
Net embraces all those related activities which are indispensable for maintaining a continuous, free
and uninterrupted distribution and transfer of goods." However, both the advantages and
disadvantages exist in this new business type. (p. 1) Advantages For sellers. Khurana (2017), a
lecturer at the University of Texas at Austin, states four advantages for the online retailers. The first
one is sellers will not be restricted by geographical conditions, because the sellers can sell the
product online for the people all over the world. The second one is online retailers can obtain more
new customers by the search engines. The potential customers for the online retailers are searching
something they want to buy on the search engine, and then reach the specific online sellers by
following the link of the results. Thirdly, the e–commerce platform help sellers save their money by
reducing advertising, marketing, operational and rental cost. Besides, online sellers can receive more
orders than the traditional sellers because of the 24/7 opening each day. For buyers. Khurana (2017)
is a lecturer at
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Factors Of E-Commerce
A STUDY ON CONSUMERS PERCEPTION AND SATISFACTION FACTORS OF MOBILE
COMMERCE WITH SPECIAL REFERENCE TO THANJAVUR AND TIRCHIRAPALLI
DISTRICT ABSTRACT: Mobile commerce is no more a future trend, rather a revolution, which is
changing the way e–commerce business. M–Commerce is known as the next generation e–
commerce. In this paper, an attempt has been made to find consumers level of perception and
satisfaction towards M–Commerce. A sample of 100 respondent's were conveniently selected from
Thanjavore and Tirchirapalli Districy. Simple Percentage, Chi–square and Friedman Ranking test
are used to analyse the data. The study concludes that any time any where process, quick process
and low cost are the important factors that influence the perception towards M–Commerce. ... Show
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Smartphone limitation : Mobile has no big screen like desktop or laptops, so sometimes users tired
to navigate more and more to choose just one item from thousands and affects shopping rates. 2.
Habituate : Mobile commerce is a new application, so sometimes people avoid to change which are
rapidly change. It will take some time to capture the whole market. As they are habituated to buy
products from e–commerce. 3. Risk factor : Mobile commerce is the growing field and a lot of
investment in this field is needed and becomes risky. Because technology changes day by day. Even
though there are many security, some less security in the wireless network, so in data transfer
hacking chances are more. 4. Connectivity : M– Commerce is used by the users mainly for their
quick access and it needs high–speed connectivity of 3G. Otherwise, it is become hectic for the user
to go through entire product purchase process. REVIEW OF
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Electronic Commerce And E Commerce
E–commerce Definition Electronic commerce or e–commerce is a term for any type of business, or
commercial transaction, which involves the transfer of information across the Internet. It is often
associated exclusively with online consumer shopping, but the term extends beyond that category.
Additional businesses covered under the umbrella of e–commerce includes online auction sites, such
as EBay, and businesses that exchange both goods and services.[3] History The history of e–
commerce is often contributed to Michael Aldrich. After a visit to a local grocery store, Aldrich was
inspired to build a new way to sell groceries. In 1979 he used a television, and a two–way
messaging platform, called Videotex, to design what is thought of as ... Show more content on
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This spearheaded the growth of the internet as a whole. [1,2] 1994 brought in the next set of
changes. Netscape Navigator was introduced this year. This was significant because Netscape
introduced encryption certificates. This encryption made exchanges of all kinds online more secure,
which was a barrier holding back the growth of the e–commerce, and the internet as a whole. 1994
also brought along with it the creation of Yahoo! Although the domain name wasn't actually secured
until January of 1995. This was important because of how young and new the internet was. Those
who weren't deeply involved in the computers, and specifically the internet, struggled to navigate
the web and locate what they specifically wanted. [2] The next year brought with it an online
bookstore called Cadabra that would quickly be changed to Amazon. Founded by Jeff Bezos,
Amazon would go on to pressure many brick and mortar bookstores out of business. Within their
first 5 years of business, they expanded beyond simply selling books by also offering things such as
DVDs, video games, electronics, and even. They are currently a Fortune 500 company, and the #1
online retailer bringing in approximate 79 billion dollars in online revenue per year (as of 2014.)
[1,4,10] 1995 was also the year that Pierre Omidyar started what would grow to become EBay.
EBay boast itself as the world biggest marketplace. EBay's model was not that of a normal
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E Commerce ( Electronic Commerce Or Ec )
E–commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and
administrations, or the transmitting of trusts or information, over an electronic system, principally
the Internet. These business exchanges happen either business–to–business, business–to–customer,
buyer to–purchaser or shopper to–business. The terms e–trade and e–business are frequently utilized
reciprocally. The term e–tail is additionally in some cases utilized as a part of reference to value–
based procedures around online retail. E–business is led utilizing a mixed bag of utilizations, for
example, email, fax, online lists and shopping baskets, Electronic Data Interchange (EDI), File
Transfer Protocol, and Web administrations. The greater part of this is business–to–business, with a
few organizations endeavoring to utilize email and fax for spontaneous promotions (normally saw as
spam) to buyers and different business prospects, and additionally to convey e–pamphlets to
supporters. The advantages of e–trade incorporate its all day and all night accessibility, the velocity
of access, a more extensive choice of merchandise and administrations, openness, and worldwide
span. Its apparent drawbacks incorporate here and there constrained client administration, not
having the capacity to see or touch an item preceding buy, and the required sit tight time for item
transporting. To guarantee the security, protection and viability of e–trade, organizations ought to
verify business
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And Disadvantages Of E-Commerce
Transactional websites also known as e–commerce (abbreviation for electronic commerce) are
websites that are used for online trade between two parties (the buyer and the seller). Transactional
website is a type of industry where buying and selling is carried through the internet. With the
significant growth of the internet nowadays, transactional websites are also growing to the point that
some businesses open solely on the internet as transactional websites. The trading process happens
through credit cards like Visa, PayPal, and MasterCard etc.
Advantages:
One advantages of transactional websites is that you don't need to go down to the shop you want to
get the product, this saves you time as you can order online while sitting at home and the product
will be delivered to you at home
Using transactional websites will allow you to compare prices between products of different brands
and different fashion, this will ... Show more content on Helpwriting.net ...
The shipping charge depends on how far you are from the place you ordered the product from, so
the farer you are from the shop, the more charge will be
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E-Commerce and the Global Market
Electronic commerce (e–commerce) over the Internet is the fastest growing method for consumers
to conduct business. Less than ten years old and it already has radically altered the potential to
economic activities and the social environment. There are nearly 200 million Internet users
worldwide currently. Of these 200 million users, roughly 40 percent reside in the United States
(Styliano, A., Robbins, S. & Jackson, P., 2003). E–commerce currently affects large sectors such as
communications, banking and the retail industry. E–commerce has also had an effect on the
education, health and government (Wyckoff, A., & Colecchia A., 1999). It is predicted that
commerce on the Internet could total tens of billions of dollars by the turn of the ... Show more
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There have been some negative effects on the economy due to the emergence of e–commerce. It is
assumed that the availability of goods online should increase competition but this does not always
occur. Reputable companies who have majority control over their industry can sometimes maintain
high prices. Further, the Internet allows companies to obtain pricing information from their
competitors companies easily and allows them to react immediately to external changes. Company
monitoring can also work against consumers. Since other companies can quickly change their price,
the original company would not make any extra revenue from increased sales (LaRose, R.,2000).
There is also the issue of product differentiation. Increased competition due to ecommerce allows
companies to better create products especially for a certain target audience. This makes it difficult
for consumers to compare products and lessens the competition and keep prices high.
As electronic commerce expands it has a greater social impact. The social impact of e–commerce is
characterized by the globalization of markets, the shift towards an economy based on knowledge
and information, and the growing prominence of technology in everyday life (Jones, B., n.d.). As e–
commerce expands, there becomes a greater need to improve education about the business and
technical side of e–commerce. Traditional educational institutions will have to
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E Commerce And The Internet
The world largest computer network is the internet. With the astonishing growth of the Internet
nowadays, many companies are finding new ways to expand their business opportunities. One can
even say that there¡¯re almost all companies used computers in their everyday business. Thus, E–
commerce is emerging as an increasingly important way for businesses to reach potential customers.
Introduction
What exactly is e–commerce? Most casual internet users think that e–commerce is just buying and
selling online. Yet this is not the case. Simply put, e–commerce is the electronic exchange of
business information between two or more organizations. There are e–commerce conducted between
businesses and those that carried out between a business and its ... Show more content on
Helpwriting.net ...
Advantages of E–commerce
The first advantage that e–commerce possesses is the speed. With the Internet, businesses could
exchange messages or complete transactions almost instantaneously even with slowest connection.
Business owners now have the ability to change and inform the customers of their services and
offers over the internet. This also allows for you to update marketing and promotional materials as
often and as frequently as you would like. With increased speeds of communication, the delivery
time is expedited and that makes the whole transaction from start to finish more efficient.
The second advantage of the electronic commerce is the opportunity to cut costs. By using the
Internet, marketing, distribution, personnel, phone, postage and printing costs, among many others,
can be reduced. Companies could use the internet to search for lowest price materials for their
products. With the extra funding from cutting cost, the company could maximize their advertising
and marketing strategies. ¡°Online advertising has been growing steadily since early 2003 and is on
track to surpass the $10 billion annual spending level for the first time in history. Research firm
eMarketer predicts that more than $12 billion will be spent this year, double 2004 levels. By 2009,
that 's expected to reach $22 billion.¡± (Keith Regan, E–Commerce Times)
The internet was
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The Current Trends Of E-Commerce
E–Commerce means Electronic Commerce. E–Commerce is how to achieve a balance between the
currency and human's life. E–Commerce is contributed to the establishment of research community
to create Knowledge, technology for developing better Electronic Commerce. E–Commerce is not
only preferred for selling goods as well as products But it includes various types of areas as well as
technologies such as mobile commerce ,electronic funds transfer, supply chain management,
Internet marketing, online transaction processing, electronic data interchange(EDI), inventory
management systems, and automated data collection systems, public policy, online shopping, social
networking, webmail etc. E–Commerce provide financial transaction facilities means ... Show more
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Past Trends: Indian E–Commerce market to reached $3.9 by 2009 and almost 30% of online
shoppers. Present trends of e–commerce in India:
2010–2016: online world where e–commerce became the best choice amongst the commercial use
of the internet. At that time developing E–commerce website of e–groceries. There are many types
of e–groceries website such as ekshop.com, atmydoorstep.com, mygrahak.com etc. Another
developing e–commerce website sells the product according to kids (toys, kids wear) and babies
such as babyoye.com.
Another developing e–commerce website sells the product according to technology and fashion
which include products like mobile phones, tablets, accessories, mp3 players, digital cameras and
jewelers, lifestyle accessories etc.
E–commerce in India has achieved a chance with the increase of technology. Today there is a great
demand in customer so that immediate response using the toll free number, social networks and chat
system increases the communication between the E–commerce website and clients. In most of the
cases, contact forms become the only way for the customer service. Creating confidence is the main
role for the good customer
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Define E-Commerce
1. Define the terms e–business
Aims to use and influence the unique qualities of Internet and Web
2. Define the terms e–commerce
E–commerce involves digitally enabled commercial transactions between and among organizations
and individuals
3. What is the key factor in determining if a transaction is "commerce"?
Commercial transactions involve the exchange of value across organizational or individual
boundaries in return for products or services
4. List and briefly explain the five main types of e–commerce.
Classified by nature of market relationship
Business–to–Consumer (B2C)
Business–to–Business (B2B)
Consumer–to–Consumer (C2C)
Classified by type of technology used ... Show more content on Helpwriting.net ...
Define the term Supply Chain Management and explain what SCM systems are meant to do.
Continuously link the activities of buying, making and moving products from suppliers to
purchasing firms, as well as integrating the demand side of the business equation by including the
order entry system in the process.
[pic]
What does supply chain simplification entail?
Firms work closely with a strategic group of suppliers to reduce product and administrative costs,
while improving quality
Typically involves purchasing under long–term contracts that contain pre–specified product quality
requirements and pre–specified timing goals
Often involve tight coupling (method of ensuring that suppliers precisely deliver ordered parts at
specific time and to particular location, to ensure production process is not interrupted)
7. Give an example of the main objective of FOUR revenue models for content providers. In EACH
case give ONE metric that would show if the site is successful or not.
Basic content revenue models
a. Marketing
b. Advertising
c. Pay–per–view/Pay–for–download
d. Subscription
e. Mixed
3.1. Elements comprising the industry value change.(e proc)
1. Suppliers 2. Manufacturers 3. Distributers 4. Transport 5. Retailers
3.2. How e–commerce can assist each of these
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Electronic Commerce ( E Commerce )
The development of new technological innovations, such as the Internet, has brought on changes for
the market. The Internet offers a world–wide network, which connects millions of individuals and
businesses and creates a global marketplace with huge business opportunities (E–business, eEurope,
n.d). More and more companies have discovered the advantage of using the Internet as a
communication tool to reach consumers at any place and at any time. This also enables consumers to
search and gather information about products and services online. The word e–commerce refers to
all transactions online. Electronic commerce (e–commerce) is the area in which we are to do our
research and throughout this dissertation we will discuss consumer trust in ... Show more content on
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Thus, there is a need for promoting trust and confidence on the Internet. For consumers, security and
privacy issues are seen as barriers to shopping online (Windham & Orton, 2000). They want their
identity and personal information to be confidential, due to fear of being exposed to online fraud
(Petrovic et al., 2003). People are more willing to take risks with people or organizations which they
trust. The potential risk in e– commerce is greater because of the anonymity, distance and lack of
physical interactions (Cazier, Shao & St. Louis, 2006). Many elements of personal interaction that
are used in the offline environment, for example, facial expression, gesture and body language, are
lost or not applicable in an online environment (Grabner–Kräuter & Kaluscha, 2003). Many
consumers appreciate the real shopping experience of touching things and trying items on. So, in
order to understand why people do or do not engage in e– commerce activities, it is important to
study online trust (Cazier et al., 2006).
Trust is an essential tool for a transaction to take place, both in an online and offline environment. In
e–commerce, the Internet vendors as well as their websites can be trust building sources in
themselves. So, it is important for companies to learn how to manage consumers' trust in e–
commerce. Although, building consumer trust on the Internet is a challenge for online vendors. For
this
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Impact Of E-Commerce
Introduction
The essay examines the impact of e–Commerce growth on business and society in general. First, it
will give a definition of e–Commerce. Second, it will discuss e–Commerce in relation to The Czech
Republic. Third, it will analyse the influence of e–Commerce on business and society. Lastly,
Conclusions will be drawn and Recommendations made.
Definition
E–Commerce (Electronic commerce) – is the buying and selling of goods and services on the
Internet, it comprises any business movement that uses the conceivable outcomes of worldwide data
systems for transforming internal and external communications correspondences so as to make
profit online. (SearchCIO, 2016) Online business is an important component of electronic business.
E–business has four principle phases of use: payments, production, deals and marketing.
Advancement of online ... Show more content on Helpwriting.net ...
E–commerce Sales
Impact of e–Commerce
Experts predict rapid growth of e–commerce in Europe in the next five years, in connection with the
creation of 200,000 additional jobs needed to process orders across the continent. For e–commerce
growth leaders in the region will be the UK, Germany and France, but rapid growth is also expected
in Poland, The Czech Republic and The Netherlands. (Prologis Company, 2015)
According to the report of Prologis, for each additional one billion euros turnover of e–commerce
will require space area of 77 000 square meters for storage and processing of additional orders.
Benchmark forecast, e–commerce market in Europe will grow by 200 billion euros over the next
five years. In this way, the need for new space will be at least 15 million square meters. Due to the
rapid growth of e–commerce, 200, 000 jobs will be created. The biggest growth of e–commerce is
expected in the UK, Germany and France. In countries such as the Netherlands, Poland and The
Czech Republic expected to grow by 5–10%. (PaySpace Magazine, 2016) Figure. 2 European
countries, in which E–commerce will
... Get more on HelpWriting.net ...
E-Commerce Essay
ECommerce Electronic commerce, or e–commerce has developed exponentially in the last few
years and has left some in the cold. The majority of people think e–commerce is just about buying
and selling things over the Internet like through auctioning sites such as E–Bay and U–Bid.
However, E–commerce is a broad term describing the electronic exchange of business data between
two or more organizations' computers. Some examples might be the electronic job applications, on–
line services like America online, and on–line billing that automatically pays specified bills each
month so you don't have to mail a check. E–commerce also includes buying and selling any item
over the Internet, electronic banking so you can transfer funds between ... Show more content on
Helpwriting.net ...
There are several reasons why e–business is appealing to a growing amount of people. For example,
e–business is based on the Internet. If you are using the Internet, you are not bound by geography.
You can access any site, anywhere in the world from the comfort of your computer chair. What does
this mean to the consumer? Now the consumer has access to several things they didn't before. The
consumer now has diversity. With the entire Internet at your fingers, in a matter of minutes you can
browse several stores in several parts of the world without even leaving your home. This allows you
to compare prices and products. With e–business you are not restricted to the prices and products of
you local stores. You can easily choose the best price on the best product.
Purchasing goods electronically is becoming easier by the day. The majority of e–businesses have
software set up on their web page to take and record your order as well as your credit card and
personal information. The software is set up such that you can order anything you want without
having to interact with anyone what so ever. You just have to enter your credit card number, address,
and other personal information. Some people are not comfortable with the concept of sending their
credit card number or other personal information to a potential merchant over the Internet, but are
more comfortable using the
... Get more on HelpWriting.net ...

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Advantages Of E-Commerce

  • 1. Advantages Of E-Commerce Name: Sze Onn Yan & Lee Mun Yee Student ID: 13079397 & 14020176 Group: 7 Course Code: ENG1014 Course Name: English for Business Assignment: Argumentative/ Persuasive Essay Weightage: 15% Title of essay: E–commerce refers to the buying and selling of products and services by businesses and consumers over an electronic medium like the Internet. One of the advantages of e–commerce is that it allows businesses to promote and sell their products and services online, enabling them to reach both the local and international market conveniently. Some, on the other hand, argue that it still lacks the personal touch which is vital in business development. In your opinion, will e–commerce replace the traditional business transaction within the next ten years? Traditional business transactions have continued for 3000 years since the invention of money and is well valued and appreciated. Though most people are accepting technology as part of their lives now, the more old–fashioned ones still prefer to do things the traditional way. It is hard to convince them of the benefits technological advancement has brought to our lives with their strong opinion on tradition. Despite these old–fashioned ... Show more content on Helpwriting.net ... Nonetheless, as compared to spending on petrol and transportation, e–commerce is actually more cost saving. The transportation fee saved up by shopping online can be used to buy extra items while being charged the same shipping fees. Some e–commercial businesses even provide free delivery and some would waive off shipping fees when customers spend more than a certain amount. Besides avoiding spending on petrol and transportation, e–shoppers can also avoid the hassle of finding parking. They can 'shop' leisurely at home in their own time without the constant hammering of salespersons to look for the cheapest deal in ... Get more on HelpWriting.net ...
  • 2. Disadvantages Of E Commerce Bloomberg shows that "Alibaba Group Holding Ltd.'s 2017 Singles' Day generated a record 168.2 billion yuan ($25.3 billion) in sales" which involved "at least 225 countries and regions." Electronic commerce, commonly known as e–commerce, refers to "buying and selling processes that make use of electronic technology" (Ebert, 274). With the development of technology, e– commerce becomes increasingly popular and affects traditional retail sales negatively. More and more people would like to buy and sell goods and services through internet. The statistic from Adobe Systems Inc., in 2017 "e–commerce sales are up about 17 percent," conversely, "the number of people visiting U.S. stores on Thanksgiving and Black Friday fell 4 percent from last year" (Nassauer and Stevens). By considering this percentage, e–commerce has more competitive advantages than the traditional retail industry as it provides customers a more efficient and cheaper way to shop, increases businesses profits by reducing total company expenses, and leads to domestic economic stability and growth. Customers prefer shopping online as internet retail could save their money and time. Although physical store provides deals and coupons, usually online shopping gives a much higher discount rate. For instance, according to the Adobe Digital Index, "the cost of televisions bought online dropped 20.3% over the course of a year, however, the cost of televisions bought in–store falling just 15% during that time" ... Get more on HelpWriting.net ...
  • 3. E Commerce Electronic commerce, commonly known as e–commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life–cycle, although it may encompass a wider range of technologies such as e–mail, mobile devices social media, and telephones as well. Electronic commerce is ... Show more content on Helpwriting.net ... E–commerce can be divided into: E–tailing or "virtual storefronts" on websites with online catalogs, sometimes gathered into a "virtual mall" The gathering and use of demographic data through Web contacts and social media Electronic Data Interchange (EDI), the business–to–business exchange of data E–mail and fax and their use as media for reaching prospective and established customers (for example, with newsletters) Business–to–business buying and selling The security of business transactions Internationally there is the International Consumer Protection and Enforcement Network (ICPEN), which was formed in 1991 from an informal network of government customer fair trade organisations. The purpose was stated as being to find ways of co–operating on tackling consumer problems connected with cross–border transactions in both goods and services, and to help ensure exchanges of information among the participants for mutual benefit and understanding. From this came econsumer, as an initiative of ICPEN since April 2001. www.econsumer.gov is a portal to report complaints about online and related transactions with foreign companies. There is also Asia Pacific Economic Cooperation (APEC) was established in 1989 with the vision of achieving stability, security and prosperity for the region through free and open trade and investment. APEC has an Electronic Commerce Stearing Group as well as ... Get more on HelpWriting.net ...
  • 4. Disadvantages Of E Commerce Thanks to development technology, e–commerce, which has revolutionized nearly every industry in the world has become more and more popular and effect on a business and people (Bandyo– Padhyay, N. 2002). According to Bandyo–Padhyay. N (2002), it is a trendy expression that web based business performed in the right on time to the center of the 1990s and quickly turned into a typical term in the business and scholastic world. Internet business (Electronic trade) implies working business electronically which is exchanging products, services, and expertise utilizing PCs connected to each other. Nowadays, a business should respond to the growth of e–commerce, if they want to remain competitive. This essay will show the importance of e–commerce, ... Show more content on Helpwriting.net ... Another statistics of e–commerce is electronic commerce market in the United Kingdom. In the UK, the percentage of the internet user who made a purchase online in 2015 was just over 75 percent, according to Gemma (2016) and after it encouraged online sales to grow by 16.2 percent, it stood at 14.9 percent in 2016. There are many good examples of e–commerce companies, such as Amazon, Vauxhall, Tesco, Newham Online, Priceline, The Flying Noodle... According to Bidgoli, H (2001), Amazon is an example of the potential of e–commerce for an entrepreneur with the right vision and it shows how a small company can be a threat to the large and established ones with the help of e–commerce. Amazon founded in 1995, this firm was the creators of e–commerce and the first to offer the book on the web. The entrepreneur of Amazon is Jeff Bezos who foresaw the fascination for the client of hunting for books to purchase on their PC or advanced mobile phone, perusing surveys and extracts on the web and choosing and purchasing without visiting the store. Besides, large companies, such as Vauxhall and Tesco have gained a rival benefit by utilizing their sites to set up better client connections and quicker development of products (Bidgoli, H. 2001). Firstly, Tesco has known quick moving ... Get more on HelpWriting.net ...
  • 5. Challenges Of E-Commerce Abstract E–commerce abbreviation stands for Electronic Commerce. In E–commerce we do business online that is on internet. It is part of the IT (information technology) revolution and now days used widely in the world trade and in Indian economy. E–commerce showing tremendous business growth in our country, due to increasing number of internet users in India. In this paper I attempt to highlight the various essential factors required for growth of E–commerce and various challenges E–commerce facing in India. Keywords E–commerce, Challenges, Growth Factors, Electronic fund transfer, Online retail. Introduction E–commerce dealing in goods & services through online that is through electronic media & internet. The rapid growth of e–commerce in India is due to ... Show more content on Helpwriting.net ... E–commerce is future of shopping. Due to E–commerce the gap has been reduced between manufacturer & consumer. According to Indian population their vast scope for e–commerce because currently in India only 19% people using internet for selling & buying goods & services so remaining percentage we can considered that we having scope in Indian Market. There is weak Cyber security Law in India that is why Indian People are facing challenges toward e–commerce. The future of e–commerce e in India would be bright in the upcoming years if all essential factors would be implemented, by establishing cyber & have their benefits as per people wish. The role of government is to provide a legal framework for e–commerce so that while domestic & international trade are allowed to expand their horizons, basic right such as privacy, intellectual property, prevention of fraud, consumer protection etc. are all taken care of. The expansion of e–commerce has been developed in rural as well as urban area in reign able cost for consumption, because of that more people are getting linked with e–commerce & the ratio of that is getting increase day by ... Get more on HelpWriting.net ...
  • 6. E Commerce Vs. Electronic Commerce There are plenty of ways to define the definition of E–commerce. For example, according to the Oxford Dictionary, E–commerce or electronic commerce is the commercial transaction that conducted electronically on the Internet. Some people define E–commerce as the processes of buying, selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E–commerce does not only provide the function of buying and selling goods and services online via digital mediums such as Internet, but the function facilitating the entire purchasing and selling processes for both sellers and buyers (JENNEX, AMOROSO and ADELAKUN, 2004). The website INVESTOPEDIA.com stated that E–commerce is one type of the ... Show more content on Helpwriting.net ... E–commerce has built a nearly perfect market because immediate and people are able to compare the offerings from numerous sellers worldwide. The growth of E–commerce has numerous advantages over the traditional stores or brick–and–mortar stores, which include greater flexibility, improved market outreach, lower cost structures, faster transactions, broader product lines, greater convenience, and customization (Srinivasan, Anderson and Ponnavolu, 2002). E–commerce provides opportunities to businesses especially in developing countries to access to the global market and reduce the transaction costs, and also helps developing countries to overcome the world economy problems (Lawrence and Tar, 2010). Since E–commerce enables all businesses from anywhere in the world to access to the global market, all people have equally chance to compete with the others. Without E–commerce, it is almost impossible for small–medium enterprises (SMEs) to compete with the large organizations due to the amount of the capitals that makes the larger organizations to hold the advantages over the smaller organizations. E–commerce is involved the use of the information technology (IT) to improve the communications and transactions with all of an organization's stakeholders. E–commerce is also used as a new innovation strategy to raise business competitiveness, ... Get more on HelpWriting.net ...
  • 7. Trust In E-Commerce Question Respond to the following questions in essay format: Why is consumer trust important in e–commerce? Compare traditional (non e–commerce) markets to e–commerce markets. Given the global nature of online transactions, why consumer trust differs across cultures? The submission should have around 1000 words. Answer: Trust and Ecommerce Everyday we place our trust in people and the services those people provide. We trust that our friends will not betray our confidences, that the water we drink will not make us ill, that the building we work in will not collapse, that the vendor we buy from will not overcharge us, and so forth. In order to be productive and comfortable in our lives, we must routinely place our trust in these familiar environments (Xiong & Liu, 2003). By and large, the Internet, and ... Show more content on Helpwriting.net ... (2006). Convergence and trust in eCommerce. BT Technology Journal,24(2), 214–218. Thaw, Y. Y., Mahmood, A. K., & Dominic, P. (2009). A Study on the Factors That Influence the Consumers Trust on Ecommerce Adoption. arXiv preprint arXiv:0909.1145. Brendon, C. F. (2002). In ecommerce, customer trust is no longer an option: It is the requirement for success. In ASQ World Conference on Quality and Improvement Proceedings (p. 355). American Society for Quality. Olsson, O. (2002). Trust in eCommerce–the ontological status of trust. ECOM–02–Electronic Commerce–Theory and Applications. Gefen, D., Rao, V. S., & Tractinsky, N. (2003). The conceptualization of trust, risk and their electronic commerce: the need for clarifications. InSystem Sciences, 2003. Proceedings of the 36th Annual Hawaii International Conference on (pp. 10–pp). IEEE. Riegelsberger, J. (2002). The effect of facial cues on trust in e–commerce systems. In Proceedings of HCI (Vol. 2). Kim, H. B., Kim, T. T., & Shin, S. W. (2009). Modeling roles of subjective norms and eTrust in customers' acceptance of airline B2C eCommerce websites. Tourism management, 30(2), ... Get more on HelpWriting.net ...
  • 8. Essay on E-commerce As more and more businesses look for ways to secure electronic marketing online, there is a greater need for E–commerce. Whatis.com defines E–commerce (EC) as the "buying and selling of goods and services on the Internet. As more and more companies accept the challenge of E–commerce, e– business security and security software is becoming a factor that corporations need to meet. We will discuss what E–commerce is and how it is used and the advantages and disadvantages. Security systems for EC have four categories that include: Authentication: Verifies who you say you are. It enforces that you are the only one allowed to logon to your internet banking account; Authorization: Allows only you to manipulate your resources in specific ... Show more content on Helpwriting.net ... EC systems are also used for the service industries. For example, online banking and brokerage services allow customers to retrieve bank statements online, transfer funds, pay credit card bills, apply for and receive approval for a new mortgage, buy and sell securities, and get financial guidance and information (Khusial, & McKegney, 2005). 3dCart is software that can be used for EC. The 3dCart has over 100 features to help any business grow. Some of the features are: 24/7 free technical support, easy to use Web Administration, online support, forums, tutorials, knowledgebase and videos, inventory control, real time shipping (UPS, FEDEX), secure PCI compliant hosting; existing website migration, Google checkout; PayPal payment, and many other features. E– commerce is the host for 3dCart and has a 99.9% uptime. 3dCart is hosted at the largest datacenters around the United States including: RackSpace, SoftLayer, ThePlanet, Peer1, and LiquidWeb. The servers are continuously monitored, every 60 seconds, to make sure if a problem occurs, the technicians are able to quickly solve it by working with the datacenters. There are many EC corporations online accommodating thousands of consumer daily. Some major corporations are Wal–Mart, J.C. Penny, Staples, Amazon, Best Buy and many others. These companies use portals like, Yahoo, AOL, Google, and PayPal. These companies accommodate consumers that ... Get more on HelpWriting.net ...
  • 9. Essay On E-Commerce Over the years, E–commerce (Electronic Commerce) has brought lot of changes in the business world. It refers to the buying and selling of goods and services without using any paper documents to the customers through electronic medium (investorwords.com, 2016). The E–commerce was introduced on 1970s as a transfer of funds. The development of e–commerce was fast over the countries since 2000. E–commerce is considered to be one of the ways of increasing profits in firms. Small and medium–sized enterprises (SMEs) are determined by staff headcount and either turnover or balance sheet total (Ec.europa.eu, 2016). SMEs have been contributing to the more economic growth and job creation (forbes.com, 2015) .SMEs has experienced significant changes in business when they adapted to e–commerce. This essay will go through the relationship between e– commerce and small–medium sized organization, changes and development E–Commerce has brought to the world of SMEs. The introduction of E–commerce is one ... Show more content on Helpwriting.net ... There are vast number of reasons why this e–commerce does not work actively, these reasons vary according to the countries and regions. The cost is the important and crucial issue for the small firms since they do not have much investment than the larger companies. The lack of knowledge and awareness of E–commerce world, poor business strategies, lack of skills and time to implement SMEs, fear of failure etc. Security continues to be the most important problem for online businesses as customers have to feel confident and trust about the integrity of the payment process before they commit to the purchase. Slow internet connections, lack of electricity supply and financial infrastructures will lead to poor e–commerce in small and medium sized firms. There many positive and significant impact of e–commerce in small and medium sized firms such ... Get more on HelpWriting.net ...
  • 10. Problems of E-Commerce Prospects and Problems Of E–commerce Prospects and Problems of E–Commerce Prepared for S I Nusrat A Chaudhury Associate professor Department of Business Administration & Head of Career Counseling Center East West University Prepared by Razoanul Amin Talukder 2005–2–10–207 Sazzad Hossain 2005–3–10–091 Tanzia Afrin 2005–2–10–271 Sk. Abdul Mukit 2005–2–10–135 Golam Kibria 2005–3–10–136 Date of Submission: April 13, 2008 [pic] 10 April 2008 To whom may it concern I am approving that (1) Razoanul Amin Talukder, Id: 2005–2–10–207 ; (2) Sazzad Hossain, Id: 2005–3–10–090 ; (3) Tanzia Afrin, Id: 2005–2–10–271 ; (4) Sk. Abdul Mukit, Id: 2005–2–10–135 and (5) Golam Kibria, Id: ... Show more content on Helpwriting.net ... |Chapter–4 |Types of e–commerce | | | |Business to business | | | |Business to consumer | | | |Consumer to consumer | | | |Government to consumer | | |Chapter–5 |Essetial e–commerce process | | | |Access Control and Security | | | |Profiling & Personalizing | | | |Search Management: | | | |Content &Catalog Management | | | ... Get more on HelpWriting.net ...
  • 11. E E – Commerce "E–Commerce", a term so widely and frequently used that it could have various meanings. In our world, E–Commerce has become so widespread that we encounter it in almost every aspect of our lives. Let's take the example of web addresses, open the fridge and you'll see a web address on almost every packaged product. This proves that more and more companies are making it to the web. The Internet has created a new world for them, a world where there is more interaction with customers and many financial benefits for the company. E–Commerce is not only advantageous for businesses but it has also made the customer's life better and easier. Instead of having the customer go to the store and buy ... Show more content on Helpwriting.net ... 4. You will fill out an online order form with the shipping information. To pay, you type in your credit card number, and any other information the merchant requires. 5. Your credit card information encrypted and sent to the merchant. 6. You then receive an on–screen confirmation. Some merchants also send an e–mail confirmation. (From http://learnthenet.com) According to http://www.howstuffworks.com, some of the most successful e–business sites are: · www.amazon.com –– books · www.dell.com –– computers · www.cdnow.com –– CDs · www.travelocity.com –– travel · www.etoys.com –– toys · www.peapod.com –– groceries
  • 12. · www.priceline.com –– a new model made possible by the Internet, here in unused inventory distribution · www.mp3.com –– a new model made possible by the Internet, here in music distribution · www.ebay.com ––a new model made possible by the Internet, here in on–line auctions Database Publishing Around the age of seven I encountered the first of many representations and uses of a database. The database I am referring to is the card catalog still used today in some libraries. I remember how easy it was for me to find a book that I was looking for or interested in looking for. All I had to do was look for the ... Get more on HelpWriting.net ...
  • 13. Disadvantages Of E-Commerce As described by Reynolds, E–commerce takes several forms, including business–to–business (B2B), business–to–consumer (B2C), consumer–to–consumer (C2C), and e–government (e–gov). It's any type of organization, or that includes the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge (Reynolds, 2016). While there are multiple factors of e– commerce operation for retail interacting with its customers the three primary benefits are effective customer service, convenience, easy and timely efficient orders. As technology has evolved it has transformed society for many people around the world. Within the last few years e–Commerce has become one of the ideal ways of shopping as individuals enjoy online shopping because of its easiness and convenience. The ease of buying products or services from the privacy of your own home anytime of the day. Buying options are reduced to a minimum with the ability to transfer funds online. Because of its accessibility, consumers can save time as well as money by searching for everything online. One of the advantages that ecommerce operations interact with it customers is providing effective customer service and convenience. It is an important factor causes of shopping intention. The location is ... Get more on HelpWriting.net ...
  • 14. Disadvantages Of E Commerce To begin with, what is e–commerce? In a general term e–commerce is an electronic business that is done on the internet. There are different types of things that can be done on the internet, such as banking, fund transfer, advertising, buying, and selling goods. But one thing that stood me out the most is, how digital stores are taking away retail stores, and rapidly changing in many ways? But, my question leads to what will happen in next three to five years? Will it completely take away physical world e–Markets? Because, looking at the technology in past three to four years, it has improved day by day, and changed the working style of people. Such as Amazon, Facebook, PayPal, and other online business made people's life easier to buy and sell products from home. Although, having online company is a fantastic idea but, there are some advantages and disadvantages of online stores, and retail stores. Furthermore, having online stores is much cheaper, all you need is a really good–looking website. Unlike, the retail store you don't have to worry about paying rent, maintenance, or other utility bills to stores. One thing to worry about is the online market is getting bigger, there is an increase in internet crimes. Due to these issues, people are really concerned about the privacy, and security of their information. So, you do have to spend money maintaining your website time to time. Lack of maintenance can also affect your business. Such as, customers privacy is important, ... Get more on HelpWriting.net ...
  • 15. E-Commerce for My Business Based on my future reading from "The Relationship between E–Commerce Adoption and Organization Performance" , the finding is also quite similar with these journal by which it had stated that the click–and mortar firm should also applying e–commerce and determine the necessary areas that need to be re–engineered in the process to increase the firm's performance. However, it had been recommended that future researcher should consider some factors in determining their research by which Mutia Sobihah Abd Halim etc did not apply. The other factors consist of performing a comparative study between the hotels that using e–commerce with the hotels that still not uses it; it also should involve the e–commerce hotels' user, as well as conducting this study in the other industries in Malaysia. As in "Exploring the determinants of e–commerce usage in the hotel industry in Thailand: An empirical study" written by Pongsak Hoontrakul and Sunil Sahadev, the research found that there are many factors that influence the usage of e–commerce in hotel industry for the developing country, Thailand. Based on this, some other factors that need to be considered in the methodology the size of the hotel in terms of the number of rooms, the scope of activities of the hotel in terms of activities that the hotel is engaged in, the type of the hotel in terms of economic segment it is targeting and the age of the hotel. Thus, the study made by Mutia Sobihah Abd Halim etc should also determine these ... Get more on HelpWriting.net ...
  • 16. Electronic Commerce And E Commerce Electronic Commerce Electronic Commerce Defined Salvatore (2013) defines electronic commerce or e–commerce stating, "E–commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet" (p. 150). These activities can take place in many environments between businesses and consumers. E– commerce has changed the way goods and services are exchanged and have given light to businesses and consumers to exist on a global scale without an established brand. With e–commerce defined, let us look at its origin. E–Commerce Origin E–commerce has origins that trace back to the mid 1900s. In these times very few organizations had access to the very expensive electronic data interchange (History of E–Commerce, n.d.). E– commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient. Consequently, e–commerce is now essential for businesses to be able to compete in the global marketplace. "E–commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E–commerce has made business processes more reliable and efficient" (Smith, K.T., 2011, p.3). Consequently, e–commerce is now critical in order for businesses to compete in the global marketplace. Knowledge that was distributed over this network paved the ... Get more on HelpWriting.net ...
  • 17. E Commerce Is On The Rise I agree with your post. I believe that brick and mortar businesses are highly relevant despite the fact that e–commerce is on the rise. I too enjoy shopping online sometime mainly due to my shopping habits and simply out of convenience. Joseph (2016) acknowledges that, E–commerce has the convenience component nailed down. Moreover, that is essentially why people like online shopping, consumers like that they have to exude little effort or difficulty, they simply just have to scroll down a page to look at the products available and place them in their online cart. Likewise, they are able to avoid waiting in lines and searching for a parking spot. However, convenience is highly important and essential especially in today's time when people have so much on their plates that they rarely have time to factor in time for shopping in actual stores. Furthermore, the reason as to why brick and mortar stores are still relevant and people still utilize them is because they have some attributes that E–commerce does not have such as an opportunity and time for consumers to walk into a physical store, opportunity for face–to face interaction, able to physically pick up the items, feel them, smell them or taste them. I personally know that brick and mortar businesses such as grocery stores serve a major benefit because I like to go in the store and pick out my items personally. Especially when it comes to fruits, vegetables, and meats. I need and want to be able to compare the items ... Get more on HelpWriting.net ...
  • 18. E Commerce And E Business Essay Online businesses are those kinds of firms that do not have a physical presence, and their operations are mainly virtually run and controlled. These types of activities are in other words referred to as e– commerce or E–businesses. The management of the businesses, as well as the supervision of the day to day operations of the business, is done virtually. The business does not have physical stores, warehouses or shops. This type of activity utilizes electronic means for the firm transactions as opposed to the traditional brick and mortar setup where the customer and the seller or the service providers did business via face to face interaction. The online business does not use physical, legal documents or physical cash for the payments of the goods and services but utilizes the electronic money and electronic records as they transact sales. Another name that these types of business setup are known as is the virtual businesses. The customers interact with the seller via web applications or mobile applications as well as phone calls. The physical presence of the buyer and the seller at the point of transacting the business is not considered as crucial information provided the two parties can interact virtually. The internet is the enabler of the electronic commerce because the primary tools used for interaction in this business type is the web–enabled applications and mobile applications that access the internet to provide information to the customer. The online business must ... Get more on HelpWriting.net ...
  • 19. E-Commerce Evolution Evolution of E–Commerce E–commerce has become one of the most prevalent changes in the way we do business today. Businesses, before the creation of the web, were typically at a physical location where customers could come, browse, try–on, and purchase goods and services. Some of the disadvantages of this business model were: customers restricted by location, the need for larger amounts of inventory, larger retail space, and more employees to cover customer–service. E– commerce began with the advent of the Internet and started as billboards for information and advertisement purposes. Then as technology developed through the early 1980s, it grew into e–mail purchasing (Compuserve). From there, the World Wide Web, internet browsers ... Show more content on Helpwriting.net ... The company evolved into the 3–rd party distribution market which allowed vendors to sell their products through Amazon's web store and with Amazon handling the transactions for a per–sale commission. This allowed for smaller vendors, who might not have the technological capabilities and expertise to sell their products over the web, to take advantage of the many advantages this new technology offered. One–click shopping was invented as was point–to–point tracking, where the customer could watch how the shipping of their package progressed. But because of the inherent complexity of these on–line systems, bad coding practices, rapid evolution of technology, constant demand of the consumer and the predatory nature of hackers, security is becoming harder and harder for businesses to guarantee. Security With the advent of Electronic Funds Transfer (EFT), which transferred money between accounts; and the Electronic Data Interchange (EDI), where business forms, purchase orders, invoices and other information can be shared electronically; the advent of vulnerabilities in ecommerce also became a reality. In 1985 the first retail electronic banking system was offered and subsequently hacked. In the 1990s, the use of Credit Cards on the internet led to hackers intercepting emails and web forms to harvest these numbers by the millions. This vulnerability lead to the development of SSL ... Get more on HelpWriting.net ...
  • 20. Expanding into E-Commerce Expanding into E–Commerce Off the Boardwalk and into the World Wide Web: A Four Point Analysis 1) The purpose of this section if to provide a SWOT analysis for a small, local clothing store on the New Jersey Boardwalk looking to transition into the online market place. Any boutique clothing store like the one provided has many strengths. The company's unique style helps differentiate it from its competitors. In addition, the company is small and flexible which enables it to employ different talents, ranging from domestic to international, to meet their project needs (Pinker, 2002). Of course, any such company has its weaknesses. The company is a local clothing store which means it is dependent on its manufacturers and variations in material and labor costs of third parties producers. Another problem that any small clothing store faces is coming up with new innovative ideas that fit to mass customization for their customers (Alexander, et al., 2003). Any small, local company looking to expand into the online market place also has numerous opportunities. Their business currently comes from customers walking up and down the boardwalk which has a limited season. By expanding to the internet, they will dramatically increase the number of customers exposed to their merchandize on a global scale. Mass production by the company will allow customers to get what they want but dilute their individual uniqueness (Pinker, 2002). Lastly, by orienting their sales to the online ... Get more on HelpWriting.net ...
  • 21. E-commerce Essay E–commerce Explain what is meant by the term 'E–commerce'. It is the conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter–company and intra–company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart cards, digital cash (e.g. ... Show more content on Helpwriting.net ... Besides, E–commerce is also considerably fast and means that the business will be more efficient. Furthermore, saves costs, as the business does not have the costs associated with running the business. They do not have to pay for such things as lighting, electricity, and fittings. With ecommerce the user has the ability to search for their product without having to look around shops in a time consuming manner. In fact the information is at their finger tips and can be accessed within minutes without even having to leave your home unlike shopping on the high street. There are also many disadvantages to ecommerce and these are mainly to do with the exchanging of information over the internet and the security measures that this entails. Every time a transaction is made, it is often a credit card number that is submitted over the Internet. There are many consumers today that still refrain from the practice for fear of a third party obtaining their card numbers or other personal information Also, as the internet is accessed by millions and possibly billions of people every day the information that is exchanged can be accessed by people who know how to, this information can be protected with the use of certain software and the advice of people who are experienced in this field, but this costs money and more than often small companies who have tight profit margins do not always give the customers the protection that they ... Get more on HelpWriting.net ...
  • 22. Strengths And Weaknesses Of E-Commerce BG004 E– Commerce in Modern Global Economy Report on Competitive Strengths through e– commerce Individual Assignment By Bhupinder Kaur Student ID: i144413 Date: 5th Nov 2014 Lecturer: Mr. Wilfred Kurukulasuriya Table of Content 1.0 Introduction 2.0 E–commerce opportunities and problems 3.0 Operational requirements 4.0 Hardware, Software for undertaking e– commerce 5.0 Findings and conclusion 6.0 Referencing Abstract In today's global economy, E– commerce has created a very cost effective way of reaching out to the customers. In this assignment, a clear description of ecommerce opportunities, strengths, technological advancement and how e– commerce is helping out businesses are briefly explained. The role of ecommerce is studied by an e commerce business Souq.com. A report on competitive strengths through e–commerce, opportunities, advantages, challenges, development, operations to achieve company's goal. This ... Show more content on Helpwriting.net ... The internet has been moved to web 2.0 and it makes small business to get worldwide exposure and changing the nature of business. E–commerce is not limited to the internet and world–wide–web. Information system used in E–commerce business like EDI ( Electronic data interchange) and EFT ( Electronic funds transfer), CMS( Content Management Systems, EAI (Enterprise Application Integrations) which is foundations for the growth of e–commerce. Due to latest technology e– commerce allows for one–to many or many–to–many approach. Souq.com is now available to download Apple app store ( iOS) and Google pay store (android )which is free. Also available on social media like, Facebook, Twitter, ... Get more on HelpWriting.net ...
  • 23. Disadvantages Of E Commerce According to E–Commerce statistics (2016), "Retail e–commerce sales in the United States are projected to grow at a fast pace in the coming years, going from 322.17 billion U.S. dollars to just over 485 billion U.S. dollars" (para.2). Generally, people think E–commerce is simply buying and selling of goods and services through electronic media. In today's digital world this definition of e– commerce is not very comprehensive and well define. According to Gupta.A. (2014), " E–commerce is the electronic communication and digital information processing technology in business transections to create, transform, and redefine relationships for the creation between or among organizations and individuals" (p.2). There are different categories of electronic–commerce, such as Business–to–business (B2B), Business–to–consumer (B2C), Business–to–government (B2G), Consumer–to–consumer (C2C), and Mobile commerce (m–commerce). All these methods of conducting business or selling or buying products is through a proper digital /electronic channel. In this paper, the discussion is more about online shopping through Internet and mobile device. Nowadays, on line shopping is getting popular among people of all ages. From ordering pizza to ordering a big giant T.V through the Internet is very common. Many people are switching their method of purchasing goods from stores to websites. Dawson (2016) stated that, today, in most established countries, approximately 60% of people like to purchase via ... Get more on HelpWriting.net ...
  • 24. E Commerce in Thailand Table of Contents Introduction: 2 Economic Data 2 Evaluation of Market Potential 3 E Commerce Industry Overview in Thailand: 4 Demographic 4 Internet Usage 4 Internet 5 Access to Internet 5 E Commerce Business Models: 11 Internet Retail: 11 Intermediaries (3rd party market place): 11 General and vertical classifieds: 11 Lead Generation (Comparison Shopping): 11 COMPETITIVE LANDSCAPE (Top 10 E Commerce Website) 12 Weloveshopping: 12 Dealfish 13 Tarad.com 14 Pramool 15 Notable E Commerce Startups: 16 Priceza 16 Lazada 16 Challenges and Opportunities 16 Performance of Thailand in SouthEast Asia Market: 17 Conclusion 18 Introduction: This e commerce report identifies opportunity and threats ... Show more content on Helpwriting.net ... Businesses are facing increasing difficulty to recruit both skilled as well as unskilled workers Evaluation of Market Potential Thailand is facing an increase competition in labour–intensive industries because of growing population at faster pace in neighbouring. To have competitive advantage, Thailand must improve its quality of education and also develop the necessary skills to improve the value–added chain. The growth of real GDP is expected to range from 4.0% to 5.0% in medium term. The government is also trying to tackle the increasing differences in the income distribution to ease the political tensions. Government's increased spending on flood–prevention programme and development of basic infrastructure should drive the economy, at least by the year 2013. Constructions Sectors, building material manufacturers and the banks are likely to benefit from the government spending plans. It is expected that potential output can rise from 3.5% in 2011 to 5% in the medium term only if infrastructure is improved and if development potential in the lagging areas is tapped. Thailand is already experiencing a shift in retail buying habits in urban areas. Buddhist temples and mosques serves as centre of community life in rural Thai areas, but large cities like Bangkok have experienced a retail "revolution" which has witness large department malls – and also more recently hypermarkets – which now emerges as primary focus for social as well as community life. The ... Get more on HelpWriting.net ...
  • 25. E-Commerce Essay The world largest computer network is the internet. With the astonishing growth of the Internet nowadays, many companies are finding new ways to expand their business opportunities. One can even say that there¡¯re almost all companies used computers in their everyday business. Thus, E– commerce is emerging as an increasingly important way for businesses to reach potential customers. Introduction What exactly is e–commerce? Most casual internet users think that e–commerce is just buying and selling online. Yet this is not the case. Simply put, e–commerce is the electronic exchange of business information between two or more organizations. There are e–commerce conducted between businesses and those that carried out between a business and ... Show more content on Helpwriting.net ... This also allows for you to update marketing and promotional materials as often and as frequently as you would like. With increased speeds of communication, the delivery time is expedited and that makes the whole transaction from start to finish more efficient. The second advantage of the electronic commerce is the opportunity to cut costs. By using the Internet, marketing, distribution, personnel, phone, postage and printing costs, among many others, can be reduced. Companies could use the internet to search for lowest price materials for their products. With the extra funding from cutting cost, the company could maximize their advertising and marketing strategies. ¡°Online advertising has been growing steadily since early 2003 and is on track to surpass the $10 billion annual spending level for the first time in history. Research firm eMarketer predicts that more than $12 billion will be spent this year, double 2004 levels. By 2009, that's expected to reach $22 billion.¡± (Keith Regan, E–Commerce Times) The internet was also known as no boundaries. Compare to a physical store, you can start doing business in the cyberspace with low models. Unlike a physical store, you could do your business over the world with only a few computers. To maximize profits, companies could distribute newsletters and enhance customer services over the internet. With good customer services, ... Get more on HelpWriting.net ...
  • 26. Essay On E Commerce Electronic commerce, commonly written as e–commerce is buying and selling of products and services by businesses and consumers over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Consumers take advantage of lower prices offer by wholesalers retailing their products. This trend is set to strengthen as web sites address consumer security and privacy concerns. Due to the popularity of e–commerce there is a tremendous increase exchange of goods and services both regionally and globally. Now–a–daysit has become the virtual main street of the world. This online business refers to the E–commerce which is recently moved in to developing countries like India. Today, e–commerce has grown into a huge industry. This paper is outcome of a review of various research studies carried out on E–commerce. The present study has been undertaken to analyze the present trends of e–commerce in India & examine the challenges & opportunities of e–commerce in India. Keywords: E–commerce, recent trends, opportunities and challenges Introduction: E–commerce is anything that involves an online transaction. E–commerce makes consumers to get the goods at lower cost, wider choice and saves time. E–merchandise and E–finance are the two branches of e–commerce. E commerce ... Get more on HelpWriting.net ...
  • 27. What Is E Commerce? What is E–Commerce? Electronic trade, otherwise called E–Commerce is business exchanges led electronically on the web. E–commerce was presented in the 1960s through an electronic information exchange (EDI) on quality included systems (VAN). Numerous block – and – mortar retailers that were working out of physical structures lost business to online organizations, for example, Amazon, and EBay. Thus, e– commerce has developed throughout the years; organizations from Walmart to little one individual organizations now offer their items on the web. There are three primary sorts of the E–commerce systems. They are business – to – business (B2B), Business – to – shopper (B2C) and customer – to – buyer (C2C). Business – to – business (B2B) ... Show more content on Helpwriting.net ... It is also important to have a basic understanding of e–commerce law. There are different legal, and financial considerations, regarding privacy, security, copyrighted, and taxation for those sellers internationally or across state lines. The Federal Trade Commission (FTC) regulates most e– commerce activities, such as the use of commercial emails, online advertising and consumer privacy. Over the past decade buying and selling has changed drastically from where it used to be, many of these changes are for the good, as well as some which may be considered to be negative. The days of being the first person in a store to buy the newest item on the shelf are nearly gone with the advancements in technology, and the rise of popularity of social media web sites. Many people now are one click away from being able to purchase the latest items trending around the world ranging from food, clothes, and entertainment. Technology has changed the way we do business, but in many ways sales has come full circle. When sales began, people brought face–to–face, from people they knew. The industrial age took away some of this personal touch, as businesses became less engaged with customers and focused on volume, rather than quality of customer interaction. Today, consumers and brands are connecting on a more personal level thanks to social media. Businesses are now keener than ever to nurture relationships with customers to achieve a ... Get more on HelpWriting.net ...
  • 28. E Commerce And The Internet For this written assignment, I have chosen the topic of e–commerce. The reason e–commerce interests me is I would like to find out how it relates to business in terms of importance, benefits, and influence. E–commerce is relative to my area of study because the goal for my future company will deal with providing services and content to customers via the internet. So what exactly does e– commerce mean? Let's see how Merriam Webster's online dictionary defines the word: "e– commerce noun e–com·merce ˈē–ˌkä–(ˌ)mərs Simple Definition of e–commerce : activities that relate to the buying and selling of goods and services over the Internet Full Definition of e– commerce 1. : commerce conducted via the Internet" (e–commerce, n.d.) Who is ... Show more content on Helpwriting.net ... That is why a name like Amazon.com pops up in most discussions about ecommerce." (p.1) I would say Ebay, one of the largest e–commerce sites after Amazon, possibly falls into all the categories of e–commerce. While it it apparent that Ebay fits comfortably into the B2C and C2C e–commerce types, it could also be a B2B type too, as I have seen other independant online companies (some I have dealt business with have been RunCam, HobbyKing and Atomic RC) who also register as sellers on Ebay. Thus businesses could possibly buy/sell from each other via Ebay. Since Ebay is a platform where almost anything can be listed, it could also suit the C2B category as well, for example, if an individual sells their services to a company via Ebay. Now how much exactly, does e–commerce influence the retail market today? The article "Retail Sales Worldwide" (2014) forecasts "When it comes to retail products and services purchased on the internet, ecommerce will account for 5.9% of the total retail market worldwide in 2014, or $1.316 trillion. By 2018, that share will increase significantly to 8.8%, yet retail ecommerce will still account for just a fraction of in– store purchases even as it nears $2.5 trillion by the end of our forecast." (p.1) Despite the apparently small percentage that e–commerce shares of the retail market. Investopedia writer Tim Begany gives us an example of a brick–and–mortar store chain that has been severely affected from online competition: "Borders Currently ... Get more on HelpWriting.net ...
  • 29. Disadvantages Of E-Commerce Introduction With the development of society, e–commerce, a new type of business in Marketing emerges. It stands for Electronic Commerce. Rayudu (2009), the author of E–Commerce: E– Business, states that "E–commerce is a selling and transfer process requiring several institutes. It is a systematic and organized network for the exchange of goods between producers and consumers. The Net embraces all those related activities which are indispensable for maintaining a continuous, free and uninterrupted distribution and transfer of goods." However, both the advantages and disadvantages exist in this new business type. (p. 1) Advantages For sellers. Khurana (2017), a lecturer at the University of Texas at Austin, states four advantages for the online retailers. The first one is sellers will not be restricted by geographical conditions, because the sellers can sell the product online for the people all over the world. The second one is online retailers can obtain more new customers by the search engines. The potential customers for the online retailers are searching something they want to buy on the search engine, and then reach the specific online sellers by following the link of the results. Thirdly, the e–commerce platform help sellers save their money by reducing advertising, marketing, operational and rental cost. Besides, online sellers can receive more orders than the traditional sellers because of the 24/7 opening each day. For buyers. Khurana (2017) is a lecturer at ... Get more on HelpWriting.net ...
  • 30. Factors Of E-Commerce A STUDY ON CONSUMERS PERCEPTION AND SATISFACTION FACTORS OF MOBILE COMMERCE WITH SPECIAL REFERENCE TO THANJAVUR AND TIRCHIRAPALLI DISTRICT ABSTRACT: Mobile commerce is no more a future trend, rather a revolution, which is changing the way e–commerce business. M–Commerce is known as the next generation e– commerce. In this paper, an attempt has been made to find consumers level of perception and satisfaction towards M–Commerce. A sample of 100 respondent's were conveniently selected from Thanjavore and Tirchirapalli Districy. Simple Percentage, Chi–square and Friedman Ranking test are used to analyse the data. The study concludes that any time any where process, quick process and low cost are the important factors that influence the perception towards M–Commerce. ... Show more content on Helpwriting.net ... Smartphone limitation : Mobile has no big screen like desktop or laptops, so sometimes users tired to navigate more and more to choose just one item from thousands and affects shopping rates. 2. Habituate : Mobile commerce is a new application, so sometimes people avoid to change which are rapidly change. It will take some time to capture the whole market. As they are habituated to buy products from e–commerce. 3. Risk factor : Mobile commerce is the growing field and a lot of investment in this field is needed and becomes risky. Because technology changes day by day. Even though there are many security, some less security in the wireless network, so in data transfer hacking chances are more. 4. Connectivity : M– Commerce is used by the users mainly for their quick access and it needs high–speed connectivity of 3G. Otherwise, it is become hectic for the user to go through entire product purchase process. REVIEW OF ... Get more on HelpWriting.net ...
  • 31. Electronic Commerce And E Commerce E–commerce Definition Electronic commerce or e–commerce is a term for any type of business, or commercial transaction, which involves the transfer of information across the Internet. It is often associated exclusively with online consumer shopping, but the term extends beyond that category. Additional businesses covered under the umbrella of e–commerce includes online auction sites, such as EBay, and businesses that exchange both goods and services.[3] History The history of e– commerce is often contributed to Michael Aldrich. After a visit to a local grocery store, Aldrich was inspired to build a new way to sell groceries. In 1979 he used a television, and a two–way messaging platform, called Videotex, to design what is thought of as ... Show more content on Helpwriting.net ... This spearheaded the growth of the internet as a whole. [1,2] 1994 brought in the next set of changes. Netscape Navigator was introduced this year. This was significant because Netscape introduced encryption certificates. This encryption made exchanges of all kinds online more secure, which was a barrier holding back the growth of the e–commerce, and the internet as a whole. 1994 also brought along with it the creation of Yahoo! Although the domain name wasn't actually secured until January of 1995. This was important because of how young and new the internet was. Those who weren't deeply involved in the computers, and specifically the internet, struggled to navigate the web and locate what they specifically wanted. [2] The next year brought with it an online bookstore called Cadabra that would quickly be changed to Amazon. Founded by Jeff Bezos, Amazon would go on to pressure many brick and mortar bookstores out of business. Within their first 5 years of business, they expanded beyond simply selling books by also offering things such as DVDs, video games, electronics, and even. They are currently a Fortune 500 company, and the #1 online retailer bringing in approximate 79 billion dollars in online revenue per year (as of 2014.) [1,4,10] 1995 was also the year that Pierre Omidyar started what would grow to become EBay. EBay boast itself as the world biggest marketplace. EBay's model was not that of a normal ... Get more on HelpWriting.net ...
  • 32. E Commerce ( Electronic Commerce Or Ec ) E–commerce (Electronic Commerce or EC) is the purchasing and offering of merchandise and administrations, or the transmitting of trusts or information, over an electronic system, principally the Internet. These business exchanges happen either business–to–business, business–to–customer, buyer to–purchaser or shopper to–business. The terms e–trade and e–business are frequently utilized reciprocally. The term e–tail is additionally in some cases utilized as a part of reference to value– based procedures around online retail. E–business is led utilizing a mixed bag of utilizations, for example, email, fax, online lists and shopping baskets, Electronic Data Interchange (EDI), File Transfer Protocol, and Web administrations. The greater part of this is business–to–business, with a few organizations endeavoring to utilize email and fax for spontaneous promotions (normally saw as spam) to buyers and different business prospects, and additionally to convey e–pamphlets to supporters. The advantages of e–trade incorporate its all day and all night accessibility, the velocity of access, a more extensive choice of merchandise and administrations, openness, and worldwide span. Its apparent drawbacks incorporate here and there constrained client administration, not having the capacity to see or touch an item preceding buy, and the required sit tight time for item transporting. To guarantee the security, protection and viability of e–trade, organizations ought to verify business ... Get more on HelpWriting.net ...
  • 33. And Disadvantages Of E-Commerce Transactional websites also known as e–commerce (abbreviation for electronic commerce) are websites that are used for online trade between two parties (the buyer and the seller). Transactional website is a type of industry where buying and selling is carried through the internet. With the significant growth of the internet nowadays, transactional websites are also growing to the point that some businesses open solely on the internet as transactional websites. The trading process happens through credit cards like Visa, PayPal, and MasterCard etc. Advantages: One advantages of transactional websites is that you don't need to go down to the shop you want to get the product, this saves you time as you can order online while sitting at home and the product will be delivered to you at home Using transactional websites will allow you to compare prices between products of different brands and different fashion, this will ... Show more content on Helpwriting.net ... The shipping charge depends on how far you are from the place you ordered the product from, so the farer you are from the shop, the more charge will be ... Get more on HelpWriting.net ...
  • 34. E-Commerce and the Global Market Electronic commerce (e–commerce) over the Internet is the fastest growing method for consumers to conduct business. Less than ten years old and it already has radically altered the potential to economic activities and the social environment. There are nearly 200 million Internet users worldwide currently. Of these 200 million users, roughly 40 percent reside in the United States (Styliano, A., Robbins, S. & Jackson, P., 2003). E–commerce currently affects large sectors such as communications, banking and the retail industry. E–commerce has also had an effect on the education, health and government (Wyckoff, A., & Colecchia A., 1999). It is predicted that commerce on the Internet could total tens of billions of dollars by the turn of the ... Show more content on Helpwriting.net ... There have been some negative effects on the economy due to the emergence of e–commerce. It is assumed that the availability of goods online should increase competition but this does not always occur. Reputable companies who have majority control over their industry can sometimes maintain high prices. Further, the Internet allows companies to obtain pricing information from their competitors companies easily and allows them to react immediately to external changes. Company monitoring can also work against consumers. Since other companies can quickly change their price, the original company would not make any extra revenue from increased sales (LaRose, R.,2000). There is also the issue of product differentiation. Increased competition due to ecommerce allows companies to better create products especially for a certain target audience. This makes it difficult for consumers to compare products and lessens the competition and keep prices high. As electronic commerce expands it has a greater social impact. The social impact of e–commerce is characterized by the globalization of markets, the shift towards an economy based on knowledge and information, and the growing prominence of technology in everyday life (Jones, B., n.d.). As e– commerce expands, there becomes a greater need to improve education about the business and technical side of e–commerce. Traditional educational institutions will have to ... Get more on HelpWriting.net ...
  • 35. E Commerce And The Internet The world largest computer network is the internet. With the astonishing growth of the Internet nowadays, many companies are finding new ways to expand their business opportunities. One can even say that there¡¯re almost all companies used computers in their everyday business. Thus, E– commerce is emerging as an increasingly important way for businesses to reach potential customers. Introduction What exactly is e–commerce? Most casual internet users think that e–commerce is just buying and selling online. Yet this is not the case. Simply put, e–commerce is the electronic exchange of business information between two or more organizations. There are e–commerce conducted between businesses and those that carried out between a business and its ... Show more content on Helpwriting.net ... Advantages of E–commerce The first advantage that e–commerce possesses is the speed. With the Internet, businesses could exchange messages or complete transactions almost instantaneously even with slowest connection. Business owners now have the ability to change and inform the customers of their services and offers over the internet. This also allows for you to update marketing and promotional materials as often and as frequently as you would like. With increased speeds of communication, the delivery time is expedited and that makes the whole transaction from start to finish more efficient. The second advantage of the electronic commerce is the opportunity to cut costs. By using the Internet, marketing, distribution, personnel, phone, postage and printing costs, among many others, can be reduced. Companies could use the internet to search for lowest price materials for their products. With the extra funding from cutting cost, the company could maximize their advertising and marketing strategies. ¡°Online advertising has been growing steadily since early 2003 and is on track to surpass the $10 billion annual spending level for the first time in history. Research firm eMarketer predicts that more than $12 billion will be spent this year, double 2004 levels. By 2009, that 's expected to reach $22 billion.¡± (Keith Regan, E–Commerce Times) The internet was ... Get more on HelpWriting.net ...
  • 36. The Current Trends Of E-Commerce E–Commerce means Electronic Commerce. E–Commerce is how to achieve a balance between the currency and human's life. E–Commerce is contributed to the establishment of research community to create Knowledge, technology for developing better Electronic Commerce. E–Commerce is not only preferred for selling goods as well as products But it includes various types of areas as well as technologies such as mobile commerce ,electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange(EDI), inventory management systems, and automated data collection systems, public policy, online shopping, social networking, webmail etc. E–Commerce provide financial transaction facilities means ... Show more content on Helpwriting.net ... Past Trends: Indian E–Commerce market to reached $3.9 by 2009 and almost 30% of online shoppers. Present trends of e–commerce in India: 2010–2016: online world where e–commerce became the best choice amongst the commercial use of the internet. At that time developing E–commerce website of e–groceries. There are many types of e–groceries website such as ekshop.com, atmydoorstep.com, mygrahak.com etc. Another developing e–commerce website sells the product according to kids (toys, kids wear) and babies such as babyoye.com. Another developing e–commerce website sells the product according to technology and fashion which include products like mobile phones, tablets, accessories, mp3 players, digital cameras and jewelers, lifestyle accessories etc. E–commerce in India has achieved a chance with the increase of technology. Today there is a great demand in customer so that immediate response using the toll free number, social networks and chat system increases the communication between the E–commerce website and clients. In most of the cases, contact forms become the only way for the customer service. Creating confidence is the main role for the good customer ... Get more on HelpWriting.net ...
  • 37. Define E-Commerce 1. Define the terms e–business Aims to use and influence the unique qualities of Internet and Web 2. Define the terms e–commerce E–commerce involves digitally enabled commercial transactions between and among organizations and individuals 3. What is the key factor in determining if a transaction is "commerce"? Commercial transactions involve the exchange of value across organizational or individual boundaries in return for products or services 4. List and briefly explain the five main types of e–commerce. Classified by nature of market relationship Business–to–Consumer (B2C) Business–to–Business (B2B) Consumer–to–Consumer (C2C) Classified by type of technology used ... Show more content on Helpwriting.net ... Define the term Supply Chain Management and explain what SCM systems are meant to do. Continuously link the activities of buying, making and moving products from suppliers to purchasing firms, as well as integrating the demand side of the business equation by including the order entry system in the process. [pic] What does supply chain simplification entail?
  • 38. Firms work closely with a strategic group of suppliers to reduce product and administrative costs, while improving quality Typically involves purchasing under long–term contracts that contain pre–specified product quality requirements and pre–specified timing goals Often involve tight coupling (method of ensuring that suppliers precisely deliver ordered parts at specific time and to particular location, to ensure production process is not interrupted) 7. Give an example of the main objective of FOUR revenue models for content providers. In EACH case give ONE metric that would show if the site is successful or not. Basic content revenue models a. Marketing b. Advertising c. Pay–per–view/Pay–for–download d. Subscription e. Mixed 3.1. Elements comprising the industry value change.(e proc) 1. Suppliers 2. Manufacturers 3. Distributers 4. Transport 5. Retailers 3.2. How e–commerce can assist each of these ... Get more on HelpWriting.net ...
  • 39. Electronic Commerce ( E Commerce ) The development of new technological innovations, such as the Internet, has brought on changes for the market. The Internet offers a world–wide network, which connects millions of individuals and businesses and creates a global marketplace with huge business opportunities (E–business, eEurope, n.d). More and more companies have discovered the advantage of using the Internet as a communication tool to reach consumers at any place and at any time. This also enables consumers to search and gather information about products and services online. The word e–commerce refers to all transactions online. Electronic commerce (e–commerce) is the area in which we are to do our research and throughout this dissertation we will discuss consumer trust in ... Show more content on Helpwriting.net ... Thus, there is a need for promoting trust and confidence on the Internet. For consumers, security and privacy issues are seen as barriers to shopping online (Windham & Orton, 2000). They want their identity and personal information to be confidential, due to fear of being exposed to online fraud (Petrovic et al., 2003). People are more willing to take risks with people or organizations which they trust. The potential risk in e– commerce is greater because of the anonymity, distance and lack of physical interactions (Cazier, Shao & St. Louis, 2006). Many elements of personal interaction that are used in the offline environment, for example, facial expression, gesture and body language, are lost or not applicable in an online environment (Grabner–Kräuter & Kaluscha, 2003). Many consumers appreciate the real shopping experience of touching things and trying items on. So, in order to understand why people do or do not engage in e– commerce activities, it is important to study online trust (Cazier et al., 2006). Trust is an essential tool for a transaction to take place, both in an online and offline environment. In e–commerce, the Internet vendors as well as their websites can be trust building sources in themselves. So, it is important for companies to learn how to manage consumers' trust in e– commerce. Although, building consumer trust on the Internet is a challenge for online vendors. For this ... Get more on HelpWriting.net ...
  • 40. Impact Of E-Commerce Introduction The essay examines the impact of e–Commerce growth on business and society in general. First, it will give a definition of e–Commerce. Second, it will discuss e–Commerce in relation to The Czech Republic. Third, it will analyse the influence of e–Commerce on business and society. Lastly, Conclusions will be drawn and Recommendations made. Definition E–Commerce (Electronic commerce) – is the buying and selling of goods and services on the Internet, it comprises any business movement that uses the conceivable outcomes of worldwide data systems for transforming internal and external communications correspondences so as to make profit online. (SearchCIO, 2016) Online business is an important component of electronic business. E–business has four principle phases of use: payments, production, deals and marketing. Advancement of online ... Show more content on Helpwriting.net ... E–commerce Sales Impact of e–Commerce Experts predict rapid growth of e–commerce in Europe in the next five years, in connection with the creation of 200,000 additional jobs needed to process orders across the continent. For e–commerce growth leaders in the region will be the UK, Germany and France, but rapid growth is also expected in Poland, The Czech Republic and The Netherlands. (Prologis Company, 2015) According to the report of Prologis, for each additional one billion euros turnover of e–commerce will require space area of 77 000 square meters for storage and processing of additional orders. Benchmark forecast, e–commerce market in Europe will grow by 200 billion euros over the next five years. In this way, the need for new space will be at least 15 million square meters. Due to the rapid growth of e–commerce, 200, 000 jobs will be created. The biggest growth of e–commerce is expected in the UK, Germany and France. In countries such as the Netherlands, Poland and The Czech Republic expected to grow by 5–10%. (PaySpace Magazine, 2016) Figure. 2 European countries, in which E–commerce will ... Get more on HelpWriting.net ...
  • 41. E-Commerce Essay ECommerce Electronic commerce, or e–commerce has developed exponentially in the last few years and has left some in the cold. The majority of people think e–commerce is just about buying and selling things over the Internet like through auctioning sites such as E–Bay and U–Bid. However, E–commerce is a broad term describing the electronic exchange of business data between two or more organizations' computers. Some examples might be the electronic job applications, on– line services like America online, and on–line billing that automatically pays specified bills each month so you don't have to mail a check. E–commerce also includes buying and selling any item over the Internet, electronic banking so you can transfer funds between ... Show more content on Helpwriting.net ... There are several reasons why e–business is appealing to a growing amount of people. For example, e–business is based on the Internet. If you are using the Internet, you are not bound by geography. You can access any site, anywhere in the world from the comfort of your computer chair. What does this mean to the consumer? Now the consumer has access to several things they didn't before. The consumer now has diversity. With the entire Internet at your fingers, in a matter of minutes you can browse several stores in several parts of the world without even leaving your home. This allows you to compare prices and products. With e–business you are not restricted to the prices and products of you local stores. You can easily choose the best price on the best product. Purchasing goods electronically is becoming easier by the day. The majority of e–businesses have software set up on their web page to take and record your order as well as your credit card and personal information. The software is set up such that you can order anything you want without having to interact with anyone what so ever. You just have to enter your credit card number, address, and other personal information. Some people are not comfortable with the concept of sending their credit card number or other personal information to a potential merchant over the Internet, but are more comfortable using the ... Get more on HelpWriting.net ...