E-commerce is the lingo for the Electronic commerce, which has completely transformed the business eco system and their way of operations. All types of electronic transactions, selling, buying and all sorts of market places which have a footprint on internet would fall under E-commerce. Amazon, eBay etc. are the few among the big names which are quite successful in this sector.
Since the development of the World Wide Web in the early 1990s, hypertext markup language (HTML) has been the primary coding language for displaying documents in the web browser. However, for a website operator there are several significant disadvantages in managing a HTML site. The HTML’s objective is to present the content that would render in the browser. In this
…show more content…
The user can explore wide variety of products in different websites and can get the complete specifications of the product. Also, he can go through the user reviews and can make a wise decision. Apart from shopping, he can order gifts for his family and can present it on a specific date. They are able to provide all sorts of services from purchase to customer support within the website. This enabled those websites more appealing and reachable to the end user. There are “n” numbers of E-commerce applications which we are using in our daily life. This was made possible only because of the database support and server side scripting potency of the dynamic websites. This has completely blended the business with the technology and now having a business website is most common thing. Let us see the statistics about the E-commerce trend in US. Retail ecommerce sales constitute roughly 4% of total retail sales, which translates to almost 40 billion dollars annually. The numbers of online customers have steadily increased since 2000, and a majority (about 66%) now report having made at least one online purchase. An even larger percentage (93%) has used the Internet for E-commerce related activities, including researching a product, with more than 25% reporting they do this on a daily
The growth of online business has grown enormously over the years. Cliptomania is a family operated and owned small e-business that primarily sells clip on earrings (Brown, DeHayes, Hoffer, Martin, & Perkins, 2012, p. 308). Cliptomania early developments were very modest, and as such the company experienced copious strategic dilemmas. An initial strategic dilemma that the company encountered when establishing and building their new e-business undertaking was to create a website for the business operations and essentially to have it fully operable. The owners, Jim and Candy elected to hire a vendor to host the website and additionally utilize the IT systems resources of the vendor to sustain their business. At the very beginning they exploited the offerings of the Yahoo Store. However, continuing down this avenue of using the services of the Yahoo Store inevitably became too costly. By using the services and business offerings of a vendor made it convenient and effortless for Jim and Candy to start their e-business store. Unfortunately the couple did not have much in the way of professional help, and so they had to create and put together the website by themselves. Additionally they also had to deal with establishing their online credibility as many customers preferred to call in their orders just to talk with a real person before being comfortable enough to place their orders via the webpage.
With several thousand commercial Web sites to consider, there are a great variety of e-commerce business models.
The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...
According to the definition of Whatis.com "E-business (electronic business), derived from such terms as "e-mail" and "e-commerce," is the conduct of business on the Internet, not only buying and selling but also servicing customers and collaborating with business partners."[1]
Have you ever purchased any product on the Internet, used the Internet to collect information or data, or played computer games on the Internet? You must agree that it is fast, easy, and enjoyable. The Internet has been a part of our daily life for several years now. In addition, in the business world, a new business model, E-business and E-commerce, has appeared for several years. According to Ali, there are two main types of E-commerce: B2B and B2C (2000). One is business to business (B2B). This means that enterprises use the Internet to transact or trade between business operations and their partners. Another is business to consumer (B2C). In other words, enterprises provide products, support good, and services to the customers on the Internet.
The Prevalence of E-Commerce Introduction The most common and traditional way to purchase goods for us is go to the high street stores where we pick up the goods what we like, pay for the prices at the check-out desk. However, the way has changed; 21 century is the world with E-commerce. People can no longer go to stores instead of buying all products at home over the internet. We can’t ignore the benefits of e-commerce. For consumers, e-commerce is great as everyone likes the ease and convenience of shopping online.
Not unexpectedly, companies are realigning their product and service platforms into “e-business solution architectures” that can better address the needs of improved customer relations and enhanced financial conditions for the company overall. The greater... ... middle of paper ... ... ng an online presence is to provide increased support, cost savings and convenience to the customer and provide efficiencies and cost savings to the company. References: E-Business Models, Trambly, R., retrieved online September 28, 2004 from, http://www.computerworld.com/industrytopics/retail/story/0,10801,54589,00.html Business Models on the Web, Managing the Digital Enterprise, Rappa, M., retrieved online September 26, 2004 from: http://digitalenterprise.org/models/models.html Intel Web Site (http://www.intel.com/business/bss/infrastructure/managing/define_value.htm) Intel Business Services http://intel.com/business/index.htm Ebay www.ebay.com Boy Scouts Of America http://www.scouting.org/ Boy Scouts Of America, Great Salt Lake Council http://www.gslc-bsa.org
E-commerce, a system by which people can buy, sell and deal without even seeing the person on the other side, has taken a front seat in improving the economy of countries around the world. Technology today has made it possible for monetary institutions to help locate the customers resources and help solve their problems at any given time through online banking.... ... middle of paper ... ...
E-commerce and Interactive Communications Methods E-commerce E-commerce means carrying out of trade and commerce (including shopping) via electronic means. E-commerce can be sub-divided into business-to-business, business-to-consumer, and consumer-to-consumer transactions. E-commerce is sometimes known as e-tail, e-trade or e-business. There are a number of different uses of e-commerce. E-commerce can be used for marketing of goods and services; retail of goods and services; customer service and supply chain management (also known as E-procurement).
The Information revolution is changing our daily lives. With the rapid development of computers and the internet, online commerce has become quite common and plays an important role in the modern world. Online business has been booming in recent years. US online retail sales rose an average of 11% in the first three months of 2009 (“US Online Sales Up,” 2009). The growth of online sales may be due to the growing number of consumers who shop online.
Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.
E-commerce definition: E-commerce is about the sale and purchase of goods or services by electronic means (Chan et al, 2004). This is one of the most simple, basic and self explanatory definition of e-commerce.
What's e-business? It is the transformation of every business process through using the internet and associated technologies. In this transformation, each part of the business becomes a part of an intrinsic network, which enables employees, suppliers and customers of a given enterprise to conduct their tasks. People usually try to make a point in differing e-business from e-commence, but as I see, e-commerce is a part of the e-business category, and an important one.
E-commerce means that the company runs their business online, not like the traditional business way. We have to go the shopping mall or store to get goods that we need, E-Business is the enabling of electronic communication between any two or more participants in a business relationship. It helps companies capture abroad business field, cost saving, and market opportunity. E-commerce is an important factor that is making people’s lives more efficient.
Consequently, e-business and especially online shopping is crucial for retail stores. They should provide necessary infrastructure for selling their products online. By taking advantage of e-business not only they can get competitive advantage of online shopping, but the...