E-commerce is an ever developing platform of the future. Starting in 1995 E-commerce has come along way and has potential to grow exponentially. E-commerce is an opportunity for people to shop or sell from the comfort of their homes. E-commerce has the ways and the means to propel business to the next level. E-commerce is an easy way to market your ideas or items to consumers. You don’t need a lot of capital to start your own E-commerce business, for this reason, the younger generation enjoys the relatively elementary procedures to start their business. Starting an e-commerce site for my boss isn’t easy, having said that, you still need the same concepts of a regular business if you want to be successful in E-commerce. Some questions that need to be asked are: who are your targeted audience, what demographics come into play, and how will revenue be generated for your business? All points considered, there are steps you have to take before blindly starting your business. Below is the website I created for my boss to expand his business. My boss gave me full reigns on this one, so I decided to create a business to consumer, e-business model. I wanted to create a business to consumer since it will be the best e-business model suited for my boss and his unique business endeavor, after all I want to maximize profits. The reasons B2C made the cut was because selling directly to clients was more beneficial than selling directly to merchants. Business to consumer is the most
The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer
TCP/IP is a protocol which transfers data across a network. It allows two different computers to communicate well even if they use different codes. Putting both computers into a new common code language which both computers
A Web authoring tools is a set of software that are enables the users to create a web site in an application software.
Transforming a brick-and-mortar business to an e business is not an easy task. The first step in creating an e-business is to conduct a market research on the competition we need to gather information such as shipping costs, price points, web navigation shopping cart procedures, and alternate revenue streams. The next step would be to create a detailed business plan with sales projections, budgets, goals, and actions. The third step is creating a Domain name that reflects your business for example: UNFO.com/
Launching a business is not an easy thing to do – especially if you are working with a tight budget. But a tight budget can actually help you stay focused and spend your money on things that actually matter. So, if you are looking to get into eCommerce business, here are some tips to help you do it without spending a lot of money.
There is a misconception that e-Business simply means buying and selling products and services over the Internet. The broader view of e-Business focuses on the key processes that directly enhance revenue namely, customer acquisition and retention through sales, marketing and service (Siebel, 2004). This customer-centric view of e-Business is not limited to the Internet but rather applies to all aspects of the customer relationship whether it is online or offline.
E-commerce Explain what is meant by the term ‘E-commerce’. It is the conducting of business communication and transactions over networks and through computers. As most restrictively defined, electronic commerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. However EC also includes all inter-company and intra-company functions (such as marketing, finance, manufacturing, selling, and negotiation) that enable commerce and use electronic mail, EDI, file transfer, fax, video conferencing, workflow, or interaction with a remote computer. Electronic commerce also includes buying and selling over the Web, electronic funds transfer, smart cards, digital cash (e.g.
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.
Nowadays, there are thousand of thousand retailers shops around the world, which would like to use Internet futures and mobile applications to having more customers from different part of the world. Having online business or using any kind of IT applications to run a business on the Internet means E-commerce. This kind of business can include money transaction between suppliers and users or providing any sort of services to users. The advantages E-commerce are no papers using and it is totally green environment and most of the activities happening by e-mail, fax, and online payment. Moreover, not only suppliers are happy because of less cost of operation but also users are satisfy as well because e-commerce concept is base on using Internet to do business better and faster. In addition, online shopping allows customers to serving themselves. Joe Pine in his book Mass Customization argues that “companies need to shift from the old world of mass production where “standardized products, homogeneous markets, and long product life and development cycles were the rule” to the new world where “variety and customization supplant standardized products.” (Pine, 1993). In this report we will discuss about Innovative IT applications in e-commerce and some examples from real businesses which using those new applications to make a good and strong relationship between loyal customers and business.
Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).
It was a promotional campaign to increase visibility and sales. To attract customers and to gain their trust.
other way to support them. The e-commerce business model is one such technology available in the market for the companies to do their business online. The online business helps the company to achieve more profit and stand apart from the other competitors. The company uses the internet as the medium to promote their business and do the online business. In the present scenario most of the people uses internet as a tool to attain their needs.
E-commerce is fast growing market where all customers’ behavior, satisfaction is 8/10 which is the best rating and shows how important is E-commerce [2]. Evaluating customer’s behaviors quantitatively is important and easy as E-commerce and F-commerce [1] are flaming topics these days by every and any third-party statistics and analysis firm because of the fast emerging market through adverts posted on social media [2], which draws social media users attention towards the adverts, this is one of the tactics of the E-commerce giant’s to grow their market and revenue. Social media is one powerful tool is known to humankind in the 21st century, which is used for both positive and negative use by the users, companies and etc.
One of the fastest growing industries today is electronic commerce. Almost anything can be purchased, traded, or sold all via the Internet. A person sitting in their living room dressed in pajamas on a rainy Saturday morning in mid December can hookup to the internet and place their bid on a new chess set for the holidays without ever setting foot in the department stores. They can pay for it with their credit card through a secure transaction and have it delivered right to their door in a couple of days for less than they could get it retail. An article by Jan Thomas said that the electronic commerce industry is booming and that it has grown at an alarming rate of over 2000 percent since last year. She
A business through e-commerce can be a great tool for promoting business online and to generate sales and/or provides channels for a business to engage with customers. The benefits of e-commerce include its around-the-clock availability and accessibility, a speed of access, and the worldwide reach. In contrary, with the technology advances, a variety of rights are claimed and along with it in, online business became exposed to a large risks without protecting of its rights. Consequently, the law created to protect the rights such as copyright and/or patents, database laws, trademarks, industrial design law, and trade secret law to protect different types of intellectual property (IP) rights. The question here is, how much the laws can