Brick And Mortar Stores Vs. E-Business

There is however a downside to e-commerce. People do not feel completely confident about buying online as of yet. When you make a purchase on the Internet you must give your credit card or other important information like social security numbers and e-mail addresses. Customers are also weary about giving away this kind of information because some companies use this information to find information on their customers and even sell it to other companies. The Internet is also a new medium that does not yet have many laws governing it, which can also lead to some misgivings by consumers.

Sartorial limitation: the main disadvantage of E-Business is lack of growth in some sectors for example foods. Customer prefers to look the food products physically before buying. As the customer is concerning about the product quality and delivery of items could be different from what the customer might be expecting.

Nowadays, e-business popularity is increasing dramatically amongst customers and becoming part of their lifestyle. The usage of the internet as

Advancement of technology and globalization has changed the way companies are undertaking their business operations in the current dynamic and competitive business environment. Internet access as led to usage of technology for myriad of reasons including communication, business and education (Chaffey, 2014). The business community has been changed completely by internet. Recently, internet has become an integral part of companies as a means of carrying out business. This has led to emergence of electronic business where organizations are using internet to conduct business externally or internally. E-business makes use of internet technology to entice, satisfy and keep consumers who purchase its services and products. E-business also uses internet technology to streamline its supply chain, procurement system and manufacturing in order to deliver efficiently the right services and products to the consumers. For an e-business to be a success, various internet-enabled applications such as portals, e-commerce websites, online marketplaces, customer relationship and supply chain management (Meier and Stormer, 2009).

Times are changing faster than ever. It seems like only yesterday that mail order catalogs, grocery stores, and shopping malls were the places to shop for items for our homes and our lives. As with all things, technology advances us to places we would have scoffed at in times past, and as technology advances, so do our shopping trends. Today, the high-energy bustle of the malls of America is dwindling down to lonely, dilapidated store fronts with “space for rent” signs becoming more numerous as the surviving stores that reach out and gasp for air. What is responsible for the shrinking of brick and mortar retailers? It is the rise of online shopping trends. Of course, online shopping is not exactly

The internet & web technology is the communication infrastructure on which a majority of current networked e-business systems are housed. The history of e-business greatly

E-business is the outcomes of IT Company in order to bring the business activities a simple and easy process. There are various types of e-business, and that has importance based on the field they are established. In short e-business is the business which can be done online, with multiple choices in buying or selling any products. E-commerce is fully dependent on internet for its turnover and which comprises of lots of strategies.

Barnes and Noble is a Fortune 500 company that leads in retail book selling and also retails digital media, educational products and content. The book seller operates more than 600 stores across all the 50 states. The company engages in a number of businesses one of which is retail stores where customers can access a wide selection of books, DVDs, music, toys, gifts and games. The bookseller also has an online channel that offers customers a selection of in-print book titles and customers can get these books quickly and easily. Barnes and Noble also offers NOOK that provides digital content including digital books, newspapers and magazines, periodicals and comics on digital devices. Besides, the bookseller engages in print publishing of books, educational resources, adult fictions, games, puzzles, and other print content (Barnes & Noble 3).

Whether e-business is economically harmful or beneficial to businesses has always been a controversial topic. Despite the trend of traditional companies turning their businesses into e-business is uprising, some still tend to not modifying their models. Does it indicate that e-business is more of an economic disadvantage to businesses than it is an advantage? We will have a better look into both sides in this essay.

Running an E-business comes with many advantages such as: quicker and easier communications with customers, wider range of marketing strategies, increased hours of operation ( a website can run 24 hours a day 7 days a week for every day of the year), reduced start-up and operational fees. These are just a few of the advantages of running an E-business. There are also many risks that you need to be aware of when running an E-business for example technical failures: when technology breaks down and needs repairs. Less security: when a stranger to the company gains access to the website. Less privacy: allowing anyone on the internet access to certain information over the internet. Inability to look at your customers or clients during sales and hackers breaking and gathering secure and important information.

E-commerce has been considered to be a primary element to change the global economy and the method which business is conducted. (Shin, 2001) It impels enterprises to search for new sources and new measures to expand the markets for growing profits. With its flexibility to the changing trends, E-commerce allows business to have instant response to this continuous change.

In today 's economy, organisations try to gain strategic and operational advantages over other competitors in their industry because of the rapid advance of technology and globalisation. Companies can have great opportunities to sell their products to new customers, to buy cheap raw materials from new suppliers and to have new business partners in other countries via internet. Therefore, many organisations have introduced E-business as

Over the past years internet and web technologies have reshape the business world. Electronic Commerce change the way businesses conduct business; how its process is implemented, and complemented to achieve the structures of an altered industry shifting the power of corporation, suppliers, and customers. Throughout the industry companies have to evaluate opportunities and threats that are present, even though there are many companies in existence that were created before the e-business explosion. Large and mature corporation found it difficult to adopt to the e-business trend.

It allows both businesses and consumers to conduct transactions online, instead of using traditional methods. E-Business would allow Best Book of Mackay to link their internal and external processes more efficiently and effectively, and work more closely with suppliers and partners to better satisfy the needs and expectations of their customers. (1) Development of computer and communication technologies have led to the evolvement of E-business and it will no doubt continue to do so.

The world we live in today, revolves around technology, new innovations and constant change. The global economy incorporates these changes into its daily applications forming a technological driven world where businesses thrive on information and competitive markets. Computers and communication networks have planted a seed in this information age where enterprises flourish forming revolutionized market economies. One of the most profound changes emerging in the world of business today is the introduction and use of Electronic Commerce or EC. The impact of EC on customer services as well on businesses is dramatic enough to affect any and every organization.