Conducting business online is the fastest, most opportune way of conducting business over the web for business professionals and individuals. Directing business over the internet is simply visiting certain websites, also referred to as surfing the web, for online shopping or business associated matters. E commerce is defined as any kind of transaction completed over the internet where there is an exchange of money for goods or services. A transaction like that is paid for through the use of a PayPal or credit card. E commerce occurs when people use the internet by going to websites for online shopping of goods, or services. It also occurs when business professionals use the web to complete business with other business professionals.
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For example, an online shopper who is looking for fashionable clothing is not able to try the clothing on. Clothing website displays many different kinds of clothing in various colors and styles. There is plenty to choose from for someone with a decent budget. Similarly, the pictures of these cloths are clear and distinct. Though, one major disadvantage of online shopping is that it does not feature real time models. An online shopper who is about to spend a pretty buck on these clothes would surely like to see how they would look on their body. In my view, online shopping websites could be improved if real time models were displayed modeling the clothes available for purchase. An online shopper who has the kind of money to buy these expensive clothes would not want to throw their money away if upon receiving the jeans they did not fit properly. Buying a clothing online, you don 't have the ability to feel the material, try it on, and see how it 's made. Without you knowing about things like measurements or if you’re not familiar with the way the clothes are made, you may in up have a bad …show more content…
This is especially useful for people busy with kinds, others that are home-bound, or when severe weather causes a problem. Especially if you want to get the item within a certain amount of time and want the absolute most convenient way to go about obtaining it. When you visit a retail store, you most likely have to settle for the price the store has placed on a particular item. But with online shopping you have the ability to compare prices from hundreds of different online retailers. Also, a lot of online stores want to keep you as a customer, and offer all kinds of great discounts if you sign up for their newsletter; this is a good way to keep you notified of upcoming events going on with their store. Another advantage online retail has over a retail store is limited choices, regular retail store variety of goods are limited. While, with an online store - the choices are much more abundant. Also, if you don 't see what you want in one store online, you can move on to the next
This is also a disadvantage for e-commerce sites because customers cannot speak to anyone from the business, and prefer to shop in in stores, for this reason. Customers also like to physically see the item they are purchasing, however with e-commerce they are unable to do this. That is why there is a lack of human contact. Also if a customer wanted to buy clothes, in store they would be able to feel the quality and try it, but with e-commerce this is impossible.
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.
People know that for the most part they can rely on Amazon.com for fast delivery and a wide selection of goods and somewhat affordable prices. Amazon.com has an efficient and advanced supply chain model, which is why they are able to guarantee quick product delivery to customers. They have strong customer loyalty due to their string customer service and unique business model. Customers freely and openly rate products and services which allows for greater customer satisfaction because customers are able to perform better product research in order to find the best fit for their needs. There are many benefits to be a strictly online business, for example having less overhead expenses compared to normal department stores with multiple locations and employees. and more money to give back to shareholders (Free SWOT). Customers can shop anywhere, anytime, and in any condition they choose. And depending on where the customer may live, they will always get their desired product within a week unless notified otherwise. It is easy to understand why Amazon.com has become a giant in the E-shopping
e refers to the trade of production or service across the internet using an electronic means. This includes all the activities that help in carrying out a transaction. There is no face to face interaction between the parties. Ecommerce can be business to business, consumer to business and consumer to consumer. Ecommerce covers the external facing processes that touch customers, suppliers and existing partners .
Online shopping is most convenient for individuals that don’t have time to go to the store. If you’re busy with an online job or online classes then online shopping can sometimes be more convenient. It’s also convenient since you don’t have to drive, catch the bus, wait in a long line, or deal with not being able to find an item. All you have to do is type in the item you’re looking for and it’s there. Once you find the item, you can order it at anytime because online stores never close.
Online shopping has been growing since the put the first online store on the web, now you can shop from anywhere around the world and have it shipped to you directly. Comparing the product against other online store competitors; making it easier to find the best price on the web. You can research the product and make sure this what you need before buying it. The internet is twenty-four hour shopping center, you can shop at what ever time you and wherever you have time for it, making it more convenient to use online shopping. Using it can create more time for the things you would like to do.
Online shopping allows you to compare prices with other stores and endless sizes and colors are available to you that normally wouldn’t be in stores. The convenience of being able to check multiple stores prices without having to waste gas to drive to multiple stores to find the best price is just one of the many ways shopping online can save you money. We all know children grow at an exponential rate so having to go to the mall multiple times a month is frustrating and tiring. Being able to have someone deliver whatever you desire right to your doorstep is like receiving a gift. Another pro of online shopping is having access to customer reviews. Yes, you may be able to physically hold the item if you were buying it from a store, but by reading the customer reviews you can decide if the product is worth the price. You can even write your own review to inform other people of your opinion of the product. If you don’t like the product, most places allow you to ship it back hassle-free with a full refund or
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.
Nowadays research is one of the major uses of the internet. The internet has vast amounts of information and is faster than most research methods, with access to articles & databases from multiple libraries. Search engines use association to help locate sources you may not even know about. It saves paper, time and money. Businesses can make use of this information to evaluate current market trends or keep check on similar products and services from competitors. The internet benefits employees of organisations such as IT support technician to find out how to fix problems relating to computers and their networks (Campbell)
E-commerce or electronic commerce is carrying out business communications and transactions through computers and over networks. It involves buying and selling of goods and services through digital communication. E-commerce also includes transactions on the World Wide Web and the Internet and means such as electronic funds transfer, smart cards and digital cash. E-commerce covers outward facing processes that interact with customers, suppliers and external partners such as sales, marketing, delivery, customer service, purchasing of raw materials and supplies for production.
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.
E- Commerce is a phenomena that is emerging rapidly between businesses all over the world, and it has affected the businesses at all sizes in many aspects.
The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.