A Study on Ecommerce : Gmarket

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

E-commerce systems E-commerce systems are predicated upon internet use, which provides open and easy communications on a global basis. However, because the internet is unregulated, unmanaged and uncontrolled, it shows a wide range of risks and threats to the systems which are jeopardizing the operation.

I am choosing to do my Business Analysis paper on e-commerce. I will explain the importance of it as well as the effects on the global economy. I will discuss the advantages of telecommunications and information technologies in a business versus those businesses without e-commerce. I will also discuss the marketing strategies involved with e-commerce and how it helps businesses. Due to the global nature of internet business, electronic commerce (e-commerce) standards have become a priority on the national and international level. While most traditional businesses are subject to local, state, and national

A computers have become more mainstream, more and more operations are conducted online. From online bill pay to simple searches, as one would do with the yellow pages, to online shopping, the Internet has helped shape the way computers are used today. With the Dotcom boom of the mid-nineties and early 2000s, ecommerce and e-business really started to take off. The Internet has given way to some of the biggest economic booms in history. The invention of smartphones and tablets has allowed for consumers to have instant access to the Internet, right at one's fingertips. While e-business is becoming more mainstream, and has its advantages, e-business also has its disadvantages.

In a hyper-competitive world economy and with increasingly rational buyers, the competitions among e-commerce businesses are becoming more and more intensive.

This study will prove that e-commerce has grown because it adds value to people’s lives. It will show that e-commerce will not disappear but evolve into something even greater than what it is right now.

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

Starting a business can be a daunting task. Many prospective business owners think it is less costly to choose e-commerce. While this may be so, an e-commerce company still requires an investment (Holden, Belew, Elad, Rich, & Gulbrandsen, 2008). The owner will mitigate some of the normal overhead expenses by taking on tasks instead of paying professionals and working from a home office.

The biggest drawback of e-commerce is the issues of security and reliability. Even though competitors of different due number in the online market as well as the philosophy inherent in the development of the internet. initially, Internet was developed for military purposes, after that for educational and with the passage of time given little attention to how it can be controlled in the

The E-commerce industry carries a few specific features that describe the actual competitive landscape in the industry. To start, the industry is in fact highly competitive. Acquiring low barriers to be able to entry, new competitors can simply enter the market and also this also creates intense competition in the industry. 3 Succeeding, a once You. S. dominated market is slowing

The barriers to entry and exit are small if a company wants to create an online presence. This indicates that there is a large threat of possible new entrants. Brick-and mortar organizations have very low risk in creating an e-commerce location for their goods.

New and notorious companies are successful through online retailing and E-commerce, for instance Amazon online book store stores builder and Woolworths (E-enterprise). Companies use the fact that it is convenient for consumers’ use online shopping to their advantage to provide consumer satisfaction.

Organizations conduct transaction on a global scale, and they must adapt to the advances in technology to compete and succeed. E-commerce will provide a platform to promote growth and

Electronic commerce industries that make “e-commerce” possible are growing at breakneck speed, altering not only how Americans, but also the global marketplace produces, markets, and acquires goods and services. In the e-commerce industry, it is generally agreed that Amazon.com provides one of the best business model “benchmarks” today.

In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses are becoming more aggressive. This situation may impact on small business or familiar with small and medium enterprise (SME). In order to survive and stay competitive, SMEs implements a vary of approaches or strategies, such as by adopting internet-based or web based (e-commerce) in their business. Many studies argued that e-commerce is very useful for SME in order to face the competitive challenges in the global market. E-commerce is believed can influence performance. However, to adopt this application there are several obstacle that is faced by SMEs. Therefore, this essay would like to discuss how e-commerce provide benefit to SMEs and what the obstacles faced by SME in order to adopt this technology.