E-commerce
Introduction Before the dawn of the Internet, people had to physically leave their homes to buy things. Well, that 's certainly not the case anymore. E-Commerce has revolutionized the way that business is done to make it more efficient and widespread than ever before. It can reach customers anywhere and anytime in the world, and provides a fast and easy way for customers to buy products or services without having to visit an actual store. It is win-win to both business owners and customers. Also, e-commerce provides a fair chance to everyone, so everyone can be any part of the transaction process. There are many successful e-commerce online stores that are providing convenient experiences for the public. All of them have different features and their own unique feature that makes them stand out of the e-commerce stores. I am planning to sell my Kindle online, so I chose 3 ecommerce stores that I visited frequently before. There are Amazon, eBay and Alibaba. In the following pages, I will explain the characters of each of them, why their website successful, and compare their advantages and disadvantages respectively.
Nowadays, online shopping has become one of the most convenient and popular ways to sell and buy products. Especially for Millenniums, online shopping is the most efficient and fast way to consume. Also, some of them are not only customers, but also become one of the sellers because of the e-commerce platform. Under the e-commerce
Online commerce was introduced to consumers in the mid-1990’s, and in the years since, it has grown exponentially. It started out virtually nonexistent and has become a multi-billion dollar industry. Nearly every retail sector has entered online commerce; clothing, electronics, home, health and grooming items, even food and groceries are starting to gain traction online. Online commerce sites rival traditional brick and mortar stores such as Walmart and Target, as well as other big-box stores. As online retailers such as Amazon continue to expand, many brick and mortar stores have been making their way online, indicative of an increasing movement towards online commerce. With more than 80% of the online population having made an online
Online purchasing is becoming more and more practical thing for contemporary customer. It is explained by high internet penetration in every country, lower cost than in retail network, door to door delivery. Internet plays an important role nowadays; therefore it creates a new market, which sometimes is quite difficult to measure. Online shopping is different from the B&M shopping due to the fact that there is no physical presence of goods, from other standpoint internet is able to sell way more services and motivation and decision making process directly connected to the feedbacks.
There are two ways to shopping in our modern life : online shopping and traditional shopping . Online shopping allows people to directly purchase clothes , books , apparatus or any goods from an online store over the internet . It is a new technology that has been created along with the development of the Internet . The online shopping services have become common because of the ease of access to the internet and often each person possess a computer and buys something on the internet at least once through online shopping . It is a convenient way of shopping and allows for a vast variety of products to be at your hand but the number of scams and disadvantages in online is also increasing with it .
Business like Amazon wants to make buying item from their business easier for customers. This is why Amazon offers E-retailing which gives customer option to go shopping online. The internet has had impact change on consumers shopping habit as shopping online has numerous advantages which is why online shopping continues to gain popularity. Some of the advantages of E-retailing is that it’s convenient as consumers are able to go shopping at home which could help them save cost on travelling and also gives consumers an option to compare prices of different products as there are wide range of products being sold online.
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.
The continuous development of Internet leads to the growth of e-commerce. The electronic commerce is growing constantly due to the continuously increasing number of mobile and online users in the market, primarily the emerging markets. Besides that, the development of the Information Technology (IT), such as the advance of paying processes and the improvements of shipping method also the main reason to cause the growth of electronic commerce (John Ingham, 2015). Most consumers accept e-commerce as their feasible alternative in the purchase of goods and
The online shopping market showed a continuous growth in revenue and employment in the last years (“CBS Statline - Detailhandel,” 2016), but despite this growth there is also a heavy competition for market share going on. Webshops are trying to be unique and focus more and more on the benefits of online shopping and in the meantime counteract the disadvantages. Research showed that the main reasons for consumers to make online purchases are convenience and enjoyment (Childers et al., 2001). These factors are strong and accurate predictors of the attitude towards online shopping. Improvement of these factors will improve the attitude of the consumers towards online shopping and so the chances that consumers will shop online. In this chapter an overview the advantages and disadvantages of online shopping will be given.
The e-commerce industry was growing rapidly due to the increasing awareness among net savvy people. Many retail chains were opening up their online portals to capture more consumers and scale up their ventures. The
Online shopping is where people can purchase products or services directly from seller through internet. The internet has created another alternative method of shopping and is a type of e-commerce where the customers buys good without any intermediary services. According to Muhammad Rizwan (2014), where customers visit various
More and more people have experienced shopping online and there are a increasing number of people who prefer E-Purchasing.
There are a lot of websites on internet whereby it offer a variety of product and services for consumer can find and buy through online such as shoe, apparel, sun glasses and more Moreover, the online also provides some of the services which is paying bill online, booking a transport ticket and more. In this research, we are looking the problem addressed in this research which is the view of online shopping by consumer.
E-commerce is short for electronic commerce where the participants (companies) trade their products and services using computer networks. The buyers and sellers can use platforms like mobile commerce, electronic funds transfer, supply chain management, online transaction processing, data collection, internet marketing, electronic data interchange and inventory management systems. Currently, most of these transactions have taken advantage of the World Wide Web, which is largely accessed through emails and other platforms. E-commerce entails online shopping web sites, active participation in online market places, business to business trading activities, data collection through web contacts and other social media, electronic data interchange between businesses and retails for launching newly innovated and created products and services.
During late 90’s with the expansion of the internet, dot com bubble started to grow. Along with this, there was considerable increase in the online retailing. Internet is used by online retail companies to perform some basic commercial actions such as advertising themselves, gathering customer’s taste, providing
As we know that online shopping is the easy way shopping but also there are certain advantages as well as disadvantages. To overcome the technological challenges as well as global challenges most of the business organizations are running towards ecommerce or e-business.
In this paper I would explain the trend going toward the offline to online. Moreover, this paper put the light on capabilities and limitations of ecommerce. Moreover, the features of e commerce and how these feature effect on the businesses’ strategic advantage also cover in this paper. The requirement of any business and how e -commerce fulfil these requirements shown in following paragraphs.