Understand The Impact Of E-Commerce On Organizations

When ordering over the internet, you can’t actually see the product in physical form, which means you must trust the sender, and that the product specified may be of lesser quality than you expected. Internet shopping is also vulnerable to credit card fraud, from hackers that access credit card details saved to a website. Websites can also sneakily charge you with extra fees without you noticing, and can cost you quite a large amount. Another problem is that websites can usually only be paid with credit cards, not cash. This can be a problem if you are ineligible for a credit card, or do not have one for whatever reason.

Immediate transaction - Another advantage with store businesses is that they can offer automatic sales as soon as the customer is ready, with staff always working that allow you to purchase literally as soon as possible. The items purchased are also in new condition as they are efficiently ‘straight off the shelves’ and

In addition, a huge benefit of shopping online is that it allows product and specification comparison so you can purchase what you need and pay less. Online stores have a lower overhead than the traditional stores offering better deals, and the consumer is able to find the product they want at a better price. In traditional brick-and-mortar stores, sales have limited quantities at hand, but online stores are able to keep a bigger inventory giving online shoppers more opportunities to find a bargain. In fact, shopping at several stores at the same time guarantees the consumer the best deal. Shopping online is simple, and finding the right product is easier. If you are shopping for a digital camera at the store it might be a little overwhelming to see the camera selection with so many specifications. Sales representatives can sometimes be misleading in an effort to make the sale. Online side-by-side product comparison will allow the consumer to

Online operations leave a company vulnerable to threats concerning data security. While e-business continues to grow in popularity, there is always going to be those who do not trust inputting their credit card or banking information into the computer. It seems that there are always stories of some company or another getting hacked. Since most e-businesses, such as Barnes & Noble, keep detailed records of customers there is a great risk of loss should this information get breeched. Legal issues also pose a disadvantage to e-businesses as different states have different regulations and the Federal government has its own set of regulation that supersedes those of the states. “For example, the U.S. Small Business Administration states that a web business generally isn't required to collect sales taxes when selling to customers in states where it doesn't have physical operations” (Hamel, n.d.). Another disadvantage of e-business is the lack of payment options. Some people only like to use cash. With e-business, cash is not always an

The relevant releases in buying patterns are a resentments that people never regret and there is never a situation when customers get let down in making of appeals that can be provisional to most who secure with an online web based means to buy clothing items for women and kids in a variety you find essential to be part of.

Despite this, e-commerce doesn’t guarantee a business profit increases, as instead it can pose severe threats. One such threat is the risk of cyber attacks. A cyber attack is an attempt by hackers to damage or destroy a computer network or system. If a business falls vulnerable to one of these attacks it can severely damage their reputation. This reputation damage can lead to a loss of trust in the company by customers, as they will potentially have personal details such as bank cards/addresses accessed. This loss of trust will decrease brand loyalty and so the business will lose customers to competitors meaning lower sales and so decreased profits. Talk Talk shows a very recent case of a cyber attack. In October 2015 Talk Talk found themselves exposed to a cyber attack. Around 4% of the companies 4 million users were affected by the events. With More than 15,600 bank account numbers and sort codes were stolen, the company said. The scandal resulted in a £35 million pound loss for the company. This points shows how e-commerce can provide huge threats to companies despite the number of opportunities it provides too. These big risks that come alongside

This factor is bit challenging to maintain technologically update with the market and consumer needs. Now days the retailing methods are being changing. People are more comfortable to do their shopping through online shopping.

Shopping online is a convenient way to get shopping done. “First, stores do not close online”; so, if you have a crazy schedule that does not leave you time to shop, you can get online any time and buy the items you need. Since you can buy things anytime and anywhere with the internet, “you no longer need to physically go to the store to buy the item you need; saving you time and gasoline. With that in mind, you do not have to deal with packed parking lots, big crowds and long checkout lines.” (Montaldo, 2017). Shopping online has its advantages, one being access to more choices. Stores only have so many items and so many choices. Sometimes, the store no longer has the color you want or the shoe size you need. When you shop online, you can search until you find the color and size you want. “The internet also

Have you ever been inside stores, It's packed and you just can't find what you're looking for? So you go home and decide to find the item you were looking for online. There's two type of people of in this world those who like to shop online and those who like to shop in stores. Most people prefer online shopping rather than shopping in stores. I know this because websites are created so that the buyers like me and you can spend more time on it which means more money. Three main causes why people spend more money online are the larger carts, pricing, and increased browsing time.

Quality of products: The main disadvantage of online shopping is the product quality. If buy some clothes in online shopping means you do not have any idea about the product quality. Because we can’t judge the quality of cloth without touching it. After receive the product then only you know the quality of the product. This is the main reason many people does not trust in online shopping.

Some obvious disadvantages that exist in physical store. In most case, the goods price in physical store is usually expensive. There are two reasons for that. First of all, the formalities of opening

In contradiction to the above question, 37 candidates stated that the biggest disadvantage of online shopping are concerns about receiving different product than ordered, 33 respondents are anxious about not being able to physically touch and see the product before purchasing it, 28 people are worried about security and privacy issues. Twenty-five are not willing to wait for good for long time and lastly 16 people are concerned about not being able to return the product.

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.

Additionally, a merchant would advertise on their home page for “final clearance” items starting at a specific price (e.g. $3.99); however, once you browse through the merchandise selection you will find that the advertised prices does not match the picture on the main web page. Another issue with on-line shopping is delivery time periods. Although on-line shopping provides the convenience of not leaving home, customers do not want to wait weeks for the delivery of the items. Recently, we purchased an item from a very reputable vendor with an advertised delivery date of three to five business days. We had to wait for the item for six weeks. I found this to be unacceptable. Of course the vendor had a fine print that they would not refund any money until after a six-week period and research is completed to locate the item. Needless to say, I would think twice before ordering another product from this vendor. Because there is no ability to physically examine an item and we are inherently people of vision, customers do not always read the entire product description. Many times when the items are received, they are not what the customer expected. As many customers do not want to go through the hassle of returning the item, they simply keep the merchandise and do nothing, especially if they had to pay for returns and restocking fees. The availability of live customer

However, there are several reason hinder in the consumer are involved in online shopping because some of the consumer are not willing to take part in online purchased due to the valid reason because there are worried about the quality of the product in online are not durable, moreover, there are not confident