E Commerce And The Changing Logistics

The online retail sales market share was exceptionally high in the United States who ranked second amongst the developed nations

In the contemporary society, the use of e-commerce has gained much popularity among many nations globally. This has been enhanced by the use of digital media which, has to a large extent boosted the way such activities are carried out. E-commerce is the transaction by which individuals do the act of buying and selling of products and services through online platforms. This paper, therefore, sheds light on how digital media have influenced the field of e-commerce in the US, France, and German.

A steady increase in the popularity of online sales has caused a major push towards e-commerce in the retail industry.

Ecommerce is one of the fastest growing markets in the world. Currently the United States is the largest online retail market. Based on the statistical data, retail e-commerce back in 2012

Amazon and eBay attracted the most unique visitors each month to their global e-commerce sites. Forrester Research Inc. estimates that the global online population will be 2.32 billion in 2014. Online shoppers have more options than ever before. Used, hard to find items, and collectables are more accessible thru online shopping. Online shoppers no longer need to drive from one store to the next to find the best deal, and there is no need to stand in long lines making shopping online fast, easy and enjoyable.

E-commerce is the stores that provide service for customers via online. It sells a variety of products such as foods, drinks, and many others. It has different sectors which have many classes of businesses. For example online supermarkets are starting to grow today. Previously, have the physical stores or traditional stores but they build an e-commerce now. When e-commerce is becoming popular, they start to do it to get more profit. This essay will examine and evaluate how e-commerce has altered business practices in supermarket, including e-commerce grows very fast, profitable business and convenience for customers, enjoyable and comfortable to shop, and detail information in the e-commerce websites. It also will argue and evaluate the main tactics to increase the profit of internet trading, are convenience delivery home, having good marketing, and providing electronic transaction and good electronic assistance.

E-commerce is a product that has been available since the early 90’s. It is something that people are familiar with. A product that is now part and parcel of people’s lives.

With improved global relationships, business web is expanding its roots to every corners of the world. There has been lot of advancements in the corporate sector for the past decade. Retail marketing, e-commerce has grown enormously. With advanced computer and information technology, the retail, e-commerce has increased tremendously; applying these new technologies in business has established many new business approaches and strategies(Ramcharran, 2013). It is stated that in the year 2011, online shoppers in the United Kingdom spent 50 billion pounds which is more than 5000 percent increase in the market when compared to the year 2000; this is just because of the increased access provided to the customers and attractive features like

The e-commerce market as on 2014 was valued at $2.5 billion which is expected to touch $10 billion by 2018 and $20 billion by 2021.

For a country as big as ours the Internet penetration has covered only 10% of our population. This is in stark contrast to the global average of 35%, and much below the average of the developed nations at 78%. We have a population base, which is big enough for a thriving e-commerce industry but the e-commerce potential at the moment is limited because of the broadband penetration.

We can see from the chart below that by looking at the total e-commerce sales per country, China is the second-largest player in the global market, losing out only to the United States.

In 2013, online retail spending are estimated to reach $1.3bn, up 19.2% in 2012. In this global market, Asia accounts for 33% of the market, followed successively by North America with 31.5% and Western Europe with 25.7%. On average, online retail spending grew by 21% a year between 2011 and 2013, with the main growth being located in the Middle East with 37% average growth and the Asia-Pacific region with 32%.

The US e-commerce sales was 38.84 in 2013; the sales increased to 53.41 in 2014; it grew into 71.16 in 2015, while it increased to 92.39 in 2016. It will reach as much as 108.56 in 2017.

An e-commerce website is simply an online shop which gives people an opportunity to buy things online. Nowadays, most people who have access to the internet have used e-commerce websites at some point. Many of the big retailers around the world have experienced a significant increase in sales after setting up an online store. In 2014 online spending of New Zealanders accounted for 6.3% of total retail sales or $2.9bn (BNZ Online Retail Sales Report, https://www.bnz.co.nz/assets/business-banking-help-support/online-retail-sales-index/pdfs/or2015-02.pdf).

However, as an online retail store attract business worldwide, the E-Commerce and internet could consider as an attractive and profitable business with low barriers to entry.