E Commerce And The Global Market Essay examples

E Commerce And The Global Market Essay examples

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Online business is gaining popularity in the current global market because the cost of conducting this type of business is reducing significantly over the decades. E-commerce is one types of e-business where physical goods are sold online using different strategies like websites and other platforms. E-commerce utilizes the concept of online store where goods are sold online in which the market identification is the key strategy for making the business a success. E-commerce will refer to subscriptions where a business entrepreneur use subscription services and the subscribers are made to deliver goods periodically.
Blogging in e-business entails the use of information targeting a specific set of people, after which bloggers get their pay through online means. Different platforms are used by entrepreneurs in the e-commerce platform to sell goods from their online stores, in which different strategies are used in choosing the type of platform. Some examples of the platforms used include eBay, Etsy, and Shopify and so on. Technology has played a great role in making e-business a success since it has not only made it more effective but also very efficient in terms of business cost.
The introduction of e-commerce is a novel idea that has significantly transformed the face of our economy in different ways. The concept has led to intensified business opportunities, increased business with different countries, and hence increasing the market scope for the multinational organizations wishing to venture into e-marketing. Increased commerce leads to enhanced economy, thanks to e-commerce which has also led to a society with more job opportunities. B2C model is an approach used by the business partners to market their products online through...


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...encroaching the global business world. The introduction of the internet has, therefore, significantly contributed to the progression of the e-business, which has further led to openings the global market. Some of the platforms used in the business as indicated earlier, for example, the Alibaba, eBay and Shopify are working well due to technological advances that have improved them. Technological advancement has led to the introduction of secure online payment like the PayPal and Alipay that support the e-business operations. With progressive technological innovations, the number of stakeholders involved in the e-commerce is likely to increase an aspect that will significantly improve the operations of the business. The expected hyper-growth in the western countries and the Asian countries will increase the impact felt by electronic commerce hence support its growth.

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