Positive And Negative Impact Of E-Commerce

E-commerce is the capability of an organisation for having dynamic presence over Internet that allows the company for conducting their business electronically, in spirit of having an electronic shop. Thus, the products can be sold, paid and advertised electronically without the requirement to be processed with the help of human being. Because of massiveness of internet advertising and website can be un-covered to millions of people all around the globe with the information being able to be transformed almost promptly the site can always be kept updated with all latest products for matching with the demand of the consumers (Lee, 2005).

I am choosing to do my Business Analysis paper on e-commerce. I will explain the importance of it as well as the effects on the global economy. I will discuss the advantages of telecommunications and information technologies in a business versus those businesses without e-commerce. I will also discuss the marketing strategies involved with e-commerce and how it helps businesses. Due to the global nature of internet business, electronic commerce (e-commerce) standards have become a priority on the national and international level. While most traditional businesses are subject to local, state, and national

Electronic commerce has been there for a long time now, and it is a practice that is practiced by peoples from Germany, France, and the US on a daily basis. Since its inception around 40 years ago, e-commerce has continued to grow as innovations, technologies and a lot of business reverting to the use of the e-commerce. The aspect of buying and selling of goods in the early 1960s was sluggish with the traditional way of mailing of documents being replaced with the Electronic Data Interchange (EDI), which would later pave a way to the electronic commerce. After the e-commerce, however, the practice was not more reliable as it still had many challenges (Tsolis, 2009). For instance, it was not easy for buyers to see products from the comfort of their homes and more so, the methods of accessing the information were limited.

The e-commerce website is a relatively new initiative, launched only in December 2012. In early 2014, the e-commerce sales made about 9% of sales with the goal to grow “to around 25% in the future” (Singh, 2014). As the website features most of the products presented in the physical stores, e-commerce is expected to turn into a great conversion tool, in general, and in the international market, in particular.

This incorporates how web shopping has provided included value to clients as they can purchase items from any place on the planet and can pose as a viable rival costs in the worldwide business to get the best arrangements and discover the best items. Before all else when e-Commerce was beginning individuals were uncertain about the level of administration that they would get. From that point forward numerous laws have been made so that e-Commerce organisations provide service of an incredible level and clients can expect the same level of administration as they would do in a high road shop. Client point of view has likewise changed on security issues and simplicity of using e-Commerce sites. In the first place individuals were uncertain about utilizing their charge cards online yet from that point forward numerous individuals are trusting when paying online and huge numbers of the more established era now shop on there.

In 1991, the internet became available for commercial use, which introduced the possibility for what we now know as electronic commerce, or e-commerce. By 2000, “a great number of business companies in the United States and Western Europe represented their services in the World Wide Web” and it was at this time that the e-commerce that we utilize in today’s business world took shape (e-commerce Land, n.d.). “People began to define the term ecommerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services” (e-commerce Land, n.d.). Through continued growth of the internet, brick and mortar stores came to realize that electronic representation would be an

Firstly, a short summary of the case study, Amanda Jane Horse Wear will be illustrated with the main problem that will be identified. Next, a brief description of e-commerce in terms of definition, issue and benefits and the current trends will be explained as a part of e-commerce analysis. The relationship between e-commerce and information systems which are data, people and procedure will be illustrate in system specification. Recommendation about ways to implement e-commerce and other

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.

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

It is without a doubt that e-commerce has become a part of life for most of us. The E-commerce industry has grown and has truly taken the world by storm. It has faced numerous challenges from its initial stages and has surpassed a ton of them, making it a successful innovation in how we shop. However, there definitely still is room for improvement, as there are challenges that are left to be addressed.

Is about how e-commerce has affected society since online shopping became popular and mainstream. E-commerce has reduced the amount of social interactions people have because people don’t haft to leave their house to shop. People were initially sceptical about e-commerce as they were vulnerable to fraud or someone finding out your bank details. E-commerce is very popular because you can shop from anywhere in the world with an internet connection and order anything straight to your home. Also internet shopping is more convenient and less time consuming than going round multiple shops, also online it is much easier to find a greater variety of goods. Shopping online is very helpful to disabled people for an example a person without use of their legs could go shopping from home and not need help from anyone else as they would if they might if they went to a high street. A lot of products appear online before they do in stores and pre ordering is an option that allows an item to be dispatch shortly before or immediately on release. Also you can access online websites 24/7 which allows them to buy something whenever they want.

E-commerce has indeed revolutionized the world, and some of its benefits include access 24-hour operations, providing access to a global market, the removal of the middleman, provides a level playing field, reduces marketing costs,

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.

According to E-Commerce statistics (2016), “Retail e-commerce sales in the United States are projected to grow at a fast pace in the coming years, going from 322.17 billion U.S. dollars to just over 485 billion U.S. dollars” (para.2). Generally, people think E-commerce is simply buying and selling of goods and services through electronic media. In today’s digital world this definition of e-commerce is not very comprehensive and well define. According to Gupta.A. (2014), “ E-commerce is the electronic communication and digital information processing technology in business transections to create, transform, and redefine relationships for the creation between or among organizations and individuals” (p.2). There are different categories of electronic-commerce, such as Business-to-business (B2B), Business-to-consumer (B2C), Business-to-government (B2G), Consumer-to-consumer (C2C), and Mobile commerce (m-commerce). All these methods of conducting business or selling or buying products is through a proper digital /electronic channel. In this paper, the discussion is more about online shopping through Internet and mobile device. Nowadays, on line shopping is getting popular among people of all ages. From ordering pizza to ordering a big giant T.V through the Internet is very common. Many people are switching their method of purchasing goods from stores to websites. Dawson (2016) stated that, today, in most established countries, approximately 60% of people like to purchase via

Nowadays, electronic commerce (E-commerce) is rapidly progressing and it is considered to be one of the most perspective fields of the development of business economy. It is extremely essential to the prosperity of financial transactions in every business. Despites these benefits, some people believe that e-commerce can have negative effects on both retailers and consumers. This essay will outline that E-commerce has a positive impact on the economic growth at country level, since it promotes sales which in turn improves company performance and ultimately increasing economic growth.