E Commerce And The Internet Essay

E Commerce And The Internet Essay

Length: 1379 words (3.9 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Twenty-five years ago, the internet has played a leading role in people’s lives and countries’ economies. The number of people who use the internet has increased dramatically over time. In addition, they use it in every parts in their daily life. In the past, when people think about the internet, they often think about information. These days, more people think about shopping. Online shopping, which lets customers buy products from a seller through the internet by using web sites, which is one type of electronic commerce. Nowadays, online shopping has become widespread for people and retailers. Retailers have realized that they should move with the times. Therefore, retailers have changed to keep up with this development. Also, they know that E-commerce will push local economies into a booming future. E-commerce gives local businesses new potential for growth unlike traditional retail which does not have the same opportunities. E-commerce has significantly affected economies more than traditional shopping. By increasing market size, developing new forms of advertising and creating variety of products, online shopping provides many opportunities for local businesses in Australia.

The number of customers is effective in expansion of market size. The number of customers from different age groups who use online shopping is increasing rapidly around the world. In 2008, 64% of Australians who use the internet used it for purchases compared with 61% in 2006 (Australia in the digital economy 2010). This will increase the number of sales which will positively affect businesses. Ruslan Kogan is a retailer who has just a website to sell products. Kogan sold 100,000 products around the world in 2006 when his website was launched. One of the ...


... middle of paper ...


...line retailers compete to get consumers’ loyalty because that will increase their market share. Walker says that there is a relation between loyalty and the development of market (Apostolou 2011, p.34).

In conclusion, the internet has penetrated people’s lives and the number of internet users has increased exponentially in the last few years. People have used it in many different ways such as online shopping which becomes a good way to buy and sell products. Also, online shopping will change the future of economic growth for the better. It develops the economy by expanding the size of market, finding creative ways for advertising and making companies produce diverse products. Therefore, retailers should move with the times to get good profits. In the near future, Australia’s economy will be prosperous, because of online retail which will be in every business sector.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Electronic Commerce And The Internet Era Essay examples

- 1. INTRODUCTION In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business-to-consumers (Saxena, 2013). With the passage of time, electronic commerce had become one of the essential characteristics in the internet era. According to UCLA (University of California, Los Angeles) Centre for communication Policy (2001), online shopping has become the third most popular activity on the internet, immediately following e-mail using, instant messaging and web browsing....   [tags: Online shopping, Electronic commerce]

Better Essays
3285 words (9.4 pages)

Electronic Commerce And The Internet Era Essay

- In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business-to-consumers (Saxena, 2013). With the passage of time, electronic commerce had become one of the essential characteristics in the internet era. According to UCLA (University of California, Los Angeles) Centre for communication Policy (2001), online shopping has become the third most popular activity on the internet, immediately following e-mail using, instant messaging and web browsing....   [tags: Electronic commerce, Online shopping]

Better Essays
732 words (2.1 pages)

The Use Of E Commerce On The Internet Essay

- The world is shrinking. The technical term for this change is “Globalization.” Distance is becoming more and more irrelevant with each passing day. A neurosurgeon in the United States can direct a real-time brain surgery halfway around the world, in India, via a camera and a monitor. The modern era is one that is dominated by a growing technology industry. People have devices in their pockets with more computing power than that which was required to land a man on the moon. The internet can connect practically anyone anywhere with anyone else anywhere else, as long as they have semi-decent reception....   [tags: Online shopping, Electronic commerce, Retailing]

Better Essays
2235 words (6.4 pages)

Essay about Benefits of E-Commerce on the Internet

- The internet has been a major contributing factor to the emergence of E-commerce; it has also been the most used platform for the dissemination of virtual goods. Companies are able to use E-commerce to enter new markets that would have otherwise been excluded due to geographical locations and cost. E-commerce has made it possible for companies to extend their products to new sets of customers and new parts of the world. It also means that shopping and customer support for most are now 24 hours due to 24 hour call centers, automated services and 24 hour live help by using interactive chat sessions on the internet “Managerial Issues for expanding Web-based Electronic Commerce.” By engaging in...   [tags: goods, companies, customers, cost, online]

Better Essays
1257 words (3.6 pages)

E Commerce And The Internet Essay

- Twenty-five years ago, the internet has played a leading role in people’s lives and countries’ economies. The number of people who use the internet has increased dramatically over time. In addition, they use it in every parts in their daily life. In the past, when people think about the internet, they often think about information. These days, more people think about shopping. Online shopping, which lets customers buy products from a seller through the internet by using web sites, which is one type of electronic commerce....   [tags: Online shopping, Retailing, Shopping, Website]

Better Essays
1379 words (3.9 pages)

Internet as a form of Commerce Essay

- Commerce has been seen as one of the concepts that have had the greatest rate of evolutions in its attempt to be at par with the global dynamics. The pragmatic shifts and changes that the universe have had to experience in a variety of disciplines like business has led to such evolutions so that it is not seen to have lagged behind. One of the shifts that commerce has had to take is the adaptation as well as manifestation of e-commerce. E-commerce has however not been self-initiated but rather has been greatly influenced by the evolution of the information technology sector (Kracher, Beverly, & Cynthia, 2004)....   [tags: E-Commerce, Information Technology]

Better Essays
1574 words (4.5 pages)

Essay about Security, Commerce and the Internet

- Security, Commerce and the Internet As the internet/world wide web (www), gradually became more available to ordinary computer users, it was obvious that it would become a target market for commercial retailers, financial services, etc. The benefits to seller and buyer are readily apparent – shopping and banking from home; travel arrangements; ticket reservations; and holidays can all be purchased quickly and accurately. Access to a modem and a credit card will secure a wide range of goods and services....   [tags: essays research papers]

Free Essays
1046 words (3 pages)

E-Commerce Analysis and Consultation Essay

- (graphics not included) Executive Summary In this report I will look into the benefits and risk of e-commerce, the types of legislation that have been introduced to protect the consumer and business alike. At the end of this report I plan to give my recommendation as whether I believe you should venture into e-business and set up your own online business. I will try and remain un-bias and give my opinion whilst give a fair account of the risks and benefits of e-business. Introduction For this report I have to assume the role of a consultant who specializes in internet security....   [tags: Business e-commerce internet ]

Free Essays
1461 words (4.2 pages)

Essay about E-Commerce

- 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....   [tags: Electronic Commerce, internet, business]

Better Essays
1235 words (3.5 pages)

E-Commerce Essays

- E-Commerce Electronic commerce is the exchange of money for goods and services via electronic means. In other words, electronic commerce is usually when you purchase something off of the internet....   [tags: Business Internet e-commerce]

Better Essays
797 words (2.3 pages)