Essay Examine The Social Impact Of E-Commerce On Society

Over the past decade, Shopping on the internet has skyrocketed with internet sales reaching almost £30 billion in 2012, which accounts to almost 10% of total sales in the UK. This is due to the increased possession of Internet devices such as: smartphones, laptops and computers. It has become much easier and simpler for

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

Transactional websites also known as e-commerce (abbreviation for electronic commerce) are websites that are used for online trade between two parties (the buyer and the seller). Transactional website is a type of industry where buying and selling is carried through the internet. With the significant growth of the internet nowadays, transactional websites are also growing to the point that some businesses open solely on the internet as transactional websites. The trading process happens through credit cards like Visa, PayPal, and MasterCard etc.

With the development of society, e-commerce, a new type of business in Marketing emerges. It stands for Electronic Commerce. Rayudu (2009), the author of E-Commerce: E-Business, states that “E-commerce is a selling and transfer process requiring several institutes. It is a systematic and organized network for the exchange of goods between producers and consumers. The Net embraces all those related activities which are indispensable for maintaining a continuous, free and uninterrupted distribution and transfer of goods.” However, both the advantages and disadvantages exist in this new business type. (p. 1)

In recent years, e-Commerce has had a profound and irreversible impact upon many industry sectors. We’ve seen the likes of Amazon and Netflix emerge and eliminate their established competitors. This disruptive market force is now beginning to re-shape the Grocery Retail landscape, and rapid change is well underway.

Electronic commerce as defined by Salvatore (2013) “refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the Internet” (p. 150). Consequently, e-commerce is now essential for businesses to be able to compete in the global marketplace. “E-commerce is now being used in all types of business, including manufacturing companies, retail stores, and service firms. E-commerce has made business processes more reliable and efficient” (Smith, K.T., 2011, p.3). this paper will outline those perspectives in regards to the origin of E-commerce, Business to Business E-commerce, Business to consumer E-commerce, Consumer to Consumer E-commerce, and legal environment of E-commerce.

Consumers have now more alternatives and a greater selection of products and information. They benefit from higher price transparency which is two edged for the companies. However, there are new limitations of electronic shopping for consumers compared to the bricks and mortal retailing. The shopping experience, habits and the way to evaluate the choice of product is different. On the internet one is not able to use all five senses like touching, smelling, tasting, seeing and hearing. There is less personal attention for the buyer and one can not buy with cash money. The fact that consumers are able to search for more information on the products and prices has also the disadvantage that the information is very broad and often not practical. People get “lost in hyperspace” (Van Baal, 2006). Another critical for breakthrough of online retailing is privacy and security concerns.

The e-commerce market has changed the way business is functioning, whether in retail or business-to-business, locally or comprehensively. Before the Internet, accomplishment in retail was said to depend on area. Presently, the Internet is a worldwide commercial center, managing even the littlest retailer a national - if not a worldwide - vicinity. Block and-mortar areas now have sites, and new organizations now offer items that were unimaginable preceding the Internet and the blast

The Prevalence of E-Commerce Introduction The most common and traditional way to purchase goods for us is go to the high street stores where we pick up the goods what we like, pay for the prices at the check-out desk. However, the way has changed; 21 century is the world with E-commerce. People can no longer go to stores instead of buying all products at home over the internet. We can’t ignore the benefits of e-commerce.

So in this paper, we will discuss online retail and e-commerce as a whole. We will look at it’s history and current impact. Then we will make some

Internet technology had become quite popular in recent years. Whether it is for any professional use or any personal use, everyone uses internet technology. Due to this rapid growth of technology business organisations have switched over from traditional method of selling goods to electronic method.

Being a large topic, the evolution of e - commerce is discussed as a component of the disadvantages of e-commerce. The use of the e - commerce and e - commerce selling invention hit the internet marketing with a thud on its invention in the late 1990s with its revolution of transforming the computer and internet industries. The use of the e - commerce came with several advantages that saw connections both in the internet and intranet easier and transfer of files become much easier between and among foreign businesses too but also came with disadvantage as it placed most businesses under

E-commerce became very popular in this busy world. Our motto is to sell groceries and vegetables online. People are becoming very busy and there is necessary to have one shopping site with such facilities. It makes things easy for both sellers and customers. The main concept involved in this application is that customers can shop virtually using internet and allows them to buy them. Products like eggs, vegetables and other groceries are present in store. It makes more convenient to civilians and transparency is maintained throughout the system. If users are not existing members they can register into the website using their personal information. These credentials make them members and allows them to see various products available and their

Electronic commerce (e-commerce) has been defined in different ways by different researchers. Schneider and Perry (2000), characterize e-trade as business actions directed using electronic information transmission by means of the web and World Wide Web. As per Turban, King, Lee, Warkentin and Chung (2002), Electronic business is a procedure of purchasing and offering items, administrations and data utilizing PC systems and the web. Gibbs, Kraemer & Dedrick (2003) characterize e-commerce as the utilization of the web to purchase, offer, or bolster items and administrations. In this study, e-trade involves the utilization of the web for purchasing and offering items or administrations.

The development of internet has created a paradigm shift of the traditional way people shop. A consumer is no longer bound to opening times for specific locations; he can become active at virtually any time and place and purchase of products or services. The number of internet users is constantly increasing which also signifies that online purchasing is increasing. The previous primary reason for shopping online was price, which has now changed to convenience.