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E Commerce Of Travel Industry

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E-Commerce in Travel Industry
Introduction
E-Commerce is a new platform to attract buyers, sellers or users over the internet to buy, sell online with few clicks. Now days, it has shaken hands with almost every business industry. This essay will discuss key benefits related with e-commerce in travel industry. This essay will cover 6-major types of e-Commerce and associated examples with each type. It will be followed by the advantages of outsourcing for TARDIS travel. It will then discuss advantages of first mover over follower in e-commerce along with examples. This essay will argue on the benefits of e-Commerce in travel industry and its competitive advantages for increasing business online.
Key benefits of e-Commerce
E-Commerce has boosted online business in every sector. It is more powerful and efficient as compared to traditional methods of doing business. It makes customer and seller active participants, no geographical boundaries both for buyers or sellers, saves time & cost, information related with time or cost is transparent with buyers , data richness in form of audio, video or animations, interactions with users etc. (Laudon & Traver 2013).
Types of e-Commerce
E-Commerce is not very old but still it exists in every business sector. According to its different role in different business sectors it has been categorised into six major categories (Laudon & Traver 2013).depending upon market relationships and technology which are:
1. B2C (Business-to-Consumer)
2. B2B

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