The Decision Making Process Of An E Commerce Site

Ebay is one of the world's largest e-commerce and multinational corporation. Here are some facts, the company was launched in 1995 as " Auction Web," on labor day weekend by Pierre Omidyar. Later the name was officially changed to ebay in 1997 because many customers and media coverage referred the website as ebay. It has over 200 million registered users by 2015 and branched out into twenty five countries. There are thirty five thousand employees working on eBay in that 42% are female. The company net revenue by 2014 is 17.9 billion dollars. There are about 25 million sellers and the number of items listed in the market places are 800 million. The daily search on eBay is 250 million and the hourly search is 11 million. 60% of company revenue comes from

The e-commerce is one of the biggest things that have taken the Indian business by storm. It is creating an entire new economy, which has a huge potential and is fundamentally changing the way businesses are done. It has advantages for both buyers as well as sellers and this win-win situation is at the core of its phenomenal rise.

The disadvantages of having a website can be difficulties with shipping fees and delivery times depending on the destination that the package is being shipped to. There are several expenses to running a website the cost of a great web design, the cost to maintain the site, as well as the cost to acquire

Just about every business today has a web site. Weather they are doing business with other businesses or selling directly to the public, a business today needs to have a web site. This paper will discuss Business-2 Business (B2B), Business-2-Consumer (B2C). The paper will look at the marketing concept, and the similarities and differences of brick-and-mortar and eBusiness. Every business, rather online or at a physical site, falls in one of the following categories.

E-business uses the digital technology to optimize the business activities of organization in order to increase the efficiency and effectiveness of operation and gain competitive advantages. E-business provides the solution that allows the organization to instantly share database, information of products and services, financial figures and data and nearly anything else that the organization may need to operate the business activities effectively and efficiently (Nguyen, 2013). E-commerce which is the abbreviation of electronic commerce is the subset of e-business. It focuses on the online transaction which includes selling of products or service by using computer network, primarily the Internet.

A STUDY ON CONSUMERS PERCEPTION AND SATISFACTION FACTORS OF MOBILE COMMERCE WITH SPECIAL REFERENCE TO THANJAVUR AND TIRCHIRAPALLI DISTRICT

Decision making in business is one of the crucial elements that have a direct impact on the operations, as well as the ability to successfully compete in the marketplace. Competitive advantage is one of the most complex phenomenon. Raising business capital using both equity and debt options comes with various advantages and disadvantage. Raising capital is complex and the business needs to make the right decisions. It is difficult for businesses to make decisions on whether to decide equity or debt options to finance the business. Equity financing entails private investor money that is received in exchange for a share in the business. There are various advantages and disadvantage of equity financing that will help business to make financing decisions (Erickson & Vinturella, 2013). One of the advantage is that equity financing is less risky. Other advantages include, increases liquidity, investors have an opportunity to take long term view, does not have to be repaid, maintains low debt-to-equity ratio, as well as there is sharing of risk. On the other hand, equity financing have various disadvantages which include slow decision making, sharing of earnings, too many consultation process, leads to disagreement, and it is difficult to find the right investor.

The e-commerce company’s strategy focus allowed it to differentiate itself by providing better services to its customers. The company put an innovative business model in which customers would try out the company’s services without any cost. As time progressed, the company was able to generate revenue from alternative means. In addition, the company began to generate revenue from an increase in the willingness of its users to pay for additional services. First mover advantage is referred to as a competitive advantage because it allows the first company to acquire superior brand recognition and customer loyalty, while allowing the company to perfect its product or service. Alibaba’s operations stated when e-commerce was at infancy stage in

a. A plan of your e-commerce strategy is to recommend how Pay-Days can use these methods to promote their e-commerce system, taking into account:

However, passive view has also been criticized for failing to recognize that consumer plays a equal role, consumers decision-making is influenced by their psychological factors such as motivation, perception, learning, and attitudes, consumers. Besides, consumer decision-model illustrates that consumers evaluate alternatives before purchasing decisions are being made. Further, a passive view fails to recognize that decision-making can be influenced by one’s mood or emotional the moment. Hence, a passive view is argued an unrealistic view (Schiffman, 2010).

Online shopping has caused many changes economically and socially. The rapid rise of online stores has caused changed for current stores to move to e-retail to reach a wider audience and to save money on things like renting out a building to set up. Now that most stores have a store to visit and an online store, it’s become much easier to distribute their products to a wider audience. Some people could be unable to leave their homes (due to disabilities and/or other issues), so it’s much useful when a particular store also has an online store. It also helps if there aren’t any physical stores around a particular area or if the store ships internationally, they can just order online and have it arrive. In addition, some stores even have some products and items that aren’t even sold in physical stores, and are only exclusive to their own online store. Because of reasons like that, more people are drawn to shop online as it gives people access to every single product they have on sale, and the customers don’t have to spend time travelling to reach a store, when they can browse for however as long as they like in the comfort of their own home.

It is evident that online shopping is a continually growing sector. If you are not a big brand yet, you may consider selling your goods via an e-commerce website first. It is cheaper and easier to run and will bring you desired profits without huge investments.

The buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. E-commerce is widely considered the buying and selling of products over the internet, but any transaction that is completed solely through electronic measures can be considered e-commerce. E-commerce is subdivided into three categories: business to business or B2B (Cisco), business to consumer or B2C (Amazon), and consumer to consumer or C2C (eBay). also called electronic commerce.

As with buyers, a few factors point to low supplier power. First, the supplier-to-buyer concentration ratio is almost even, and many suppliers can be easily found and contacted through drop shipping4 directories, which are huge databases of legitimate and trustworthy drop ship distributors and manufacturers. One such trusted directory is Worldwide Brands.5 Secondly, products sold on online marketplaces are mostly lower-value products such as clothing and accessories, and although products may be highly differentiated across sellers, the nature of these businesses are such that most sellers do not sell a particular product for long and instead change their stock in tune with consumers’ changing demands (E.g. Clothes). As such, most sellers are not heavily dependent on a single supplier and can instead source from a variety of suppliers. In this sense, supplier power is low.

This solution is not for a specific type of ecommerce website but it is an effort to give a generalized and best solution for the easy and cost-effective automation of many customers Who don’t have time to Shop/Purchase and also don’t want to buy online so this application is helpful for such users etc.