Advantages Of E-Commerce

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.

This study will explain where e-commerce came from and try to shed light on the topic of where e-commerce will be heading.

E-commerce a new term in the world economy emerged with the spread of the internal in the early nineties of the twentieth century , but some researchers have pointed to the existence of the seventies of the last century through the exchange of electronic information between industrial companies systems.E-commerce is considered one of modern idioms and taken to enter our daily lives until they became used in many life activities, which are of link information technology revolution and communications. E-commerce expression can divide it into two sections, with the first, a “trade”, which refers to the economic activity is through the trading of goods and services between the governments, institutions and individuals and is governed by a number of rules and regulations could be argued that an internationally.

Computers have come a long way since the first one was invented in 1900"s. we currently live in a society where people can do everything with the help of internet. internet helps us to find answers of our questions and also it gives other information that we need to know at a faster rate , this also entertain us in our daily lives for example we can listen songs, watch movies and many other things. It tells us about the upcoming trend and now a days many people also shop through e-commerce.

What is e-business? Electronic business or also known as e-business is any business that uses advanced technologies in their business processes, filing, and electronic commerce. Apart from that, these technologies also help the workforce in the organisation to communicate easily. Last but not least, e-business able to communicate with their shareholders, suppliers, stakeholders and customers without difficulty.

An information system is a system that can be manual or computerized. In information system, there has a computer-based information system which mean a single set of hardware, software, telecommunications, databases, people and procedures that are involve organizing activity to collect, manipulate, store and process a data into information. Electronic commerce or e-commerce is one of the types of computer-based information system. Electronic commerce involve all types of business activity and organizing of business activities such as selling, buying, distribution, marketing and servicing of the products or services in electronically via the computer networks. Besides that, electronic commerce also includes any business transaction

M-commerce is a great type of service in this generation. It is playing a very important role in many businesses. M-commerce means actually the buying and selling of goods and services via mobile or wireless technology and devices. Mobile commerce is growing very fast all over the world. This has created a huge opportunity for those companies who are using m-commerce to buy and sell goods. It also has shaken traditional business to the core and left many old timers gasping for air. The growth of mobile commerce is significant.

The e stands for electronic and the commerce implies the selling of goods or facilities. The term is not a supplement one (Wikipedia claims online shopping was invented in 1979 by Michael Aldrich) and I think the progress of the how of e-commerce can often period confuse the business.

Very little proportion of the Indian retail industry is organized. The supply and the distribution side are very much fragmented, that is, there is a huge tail towards the supply side of the chain. There are two possible options available to aggregate the supply, one by allowing the suppliers to list out onto an area where there is maximum demand. The other possibility is to carry inventory, where most of the supply side is controlled by the small suppliers. It is very hard to hold the inventory for any local or international brands because it will lead to increase the cost. If observed, clearly most of the emerging markets in the world and the e-commerce companies are marketplaces and the obvious reason is the fragmented supply side.

As described by Reynolds, E-commerce takes several forms, including business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and e-government (e-gov). It’s any type of organization, or that includes the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge (Reynolds, 2016). While there are multiple factors of e-commerce operation for retail interacting with its customers the three primary benefits are effective customer service, convenience, easy and timely efficient orders.

Operating a business has always been reliant on staying on top of emerging technologies. Today, the technology driving a business to success is the Internet, which can be used to buy and sell goods and services. This process of buying and selling online is referred to as e-commerce. E-commerce and its use of the Internet will sell more products, increase revenue, and shape the future of production for businesses. It is also changing how the government regulates online commerce. E-commerce is progressively becoming the way that many people shop and changing the way businesses operate, ultimately changing the world of business.

The widespread application of internet and prevalence of globalization give rise to various influential trends in business context, one of which is e-Commerce. According to (Browne et al., 2004), e-Commerce refers to a commercial platform that allow transactions to happen via electronic devices and digital environment that requires no face-to-face or human interaction as opposed to traditional mode of purchase. E-Commerce is revolutionizing the landscape of modern business environment by offering a convenient, rapid, borderless and timely mechanism for commercial transactions. Moreover, e-Commerce provides an alternative to traditional value chain in which manufactured products need to move through multiple layer of distribution to reach the end-users. In other words, via electronic platforms, suppliers can now access their end customers directly via web-based ordering system without the needs for wholesalers

After I have gone through this article paper, my opinion would be, e-commerce is becoming a major factor in the development of business whether it is a global or a local business. This is happening because the selection of data innovation is on the expanding pattern and hence prompts various changes in business exercises. In any making decision situation, it has never been easy and that is the situation that the SMEs nowadays are facing in their business. Before I go further with the advantages of having e-commerce in SMEs, I will first start with the disadvantages. First and foremost is the organizational readiness. According to Chong (2009), the hierarchical preparation measures whether the associations’ traits are sufficiently adequate in receiving the e-commerce. They proposed that top administration backing is the most critical component to figure out if the organization is prepared to receive the e-commerce. Based on above citation, I can say that it is all depending on the level of understanding of someone in the SMEs in the usage of Internet at the workplace. In other words, this kind of people can be called as

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