The future of e-commerce

558 Words2 Pages
bulb-icon

Recommended: The impact of e-commerce on a small business

THE FUTURE OF E-COMMERCE

Student

University

Date

Introduction
In the current business environment, the use of technology to provide solutions and more opportunities is an inevitable undertaking. This can be attributed to the proliferation of the internet and internet enabled services to most consumers. The e-commerce platform for already established corporations and business is considered an option for the online clients who are increasingly becoming willing buyers of goods and services through the online platform. Ignoring this market and sticking to only traditional markets can lead to severe consequences since it is a fast growing market. Adoption of e-commerce in businesses however should be considered as a balanced approach in targeting a new type of client. This should that organizations should not dismiss the ongoing traditional modes of transaction with their clients.
Discussion
The discussion about the future of e-commerce attracts both optimism and skepticism. As an optimist and staunch believer in the need to adopt and adjust to new technology, I bel...

Show More
Related

  • Analysis of Amazon.com

    2511 Words  | 6 Pages

    Amazon.com operates in the Online Retail Industry. The sector is one of the fastest growing globally and is outperforming the ordinary retail marketplace. It was created after 1995 and it was only the Internet that made it possible for such an industry not only to be established but to become one of the most flourishing sectors in the business environment. What is interesting is that Amazon.com, together with eBay is the pioneer in the field. Both companies were launched in 1995 and are still extremely successful. The creation of e-mail in 1996 had a huge impact on the development of online retail by introducing a fast and easy way to communicate with customers. For this two-year period Internet usage doubled annually, thus, allowing for the expansion of the industry. Google is launched a year later, in 1998, only to become the most used search engine in the world and an essential partner for the online retailers by helping them tailor their websites to customer’s personal preferences and by advertising. After that, more and more people see the opportunity in the growing industry and enter it. By 2001 there are more than 513 million Internet users globally, which calls for action in terms of creating regulations and laws to protect the users and personal property. In 2003, Apple launches iTunes, and provides a platform for low-cost digital downloads. Another major change is the appearance of social media from 2004, which is one of the biggest influencer on the state of the industry. With the launch of iPhone in 2007, this trend strengthens as people get to enjoy the Internet anywhere they want to. From then on, technological advancements have made it extremely easy and fun to shop online, making it ...

    Read More

  • Netflix Case Study

    1320 Words  | 3 Pages

    Laudon, Kenneth C. Traver, Carol. E-commerce: Business. Technology. Society 3th ed. Pearson Prentice Hall. Upper Saddle NJ, 2007.

    Read More

  • User Interface

    2026 Words  | 5 Pages

    The future of economic competitiveness for most enterprises relies on entrance and active participation in the e-commerce market. An essential problem with e-commerce is that the controls and organization are different for each site. There is no standard way of building t...

    Read More

  • Critical Appraisal Of Amazon.Com Current E-Business Strategy And Activities

    1477 Words  | 3 Pages

    In today's competing world, many organizations are rethinking their strategies in terms of the online business and its capabilities and culture. Organizations are taking advantage of the widespread web to buy and sell goods from other companies and recently from individual customers. Exploiting these opportunities of convenience, availability and widespread reach of the web or Internet, many companies such as Amazon have benefited from the use of web successfully.

    Read More

  • The Future of Technology

    1197 Words  | 3 Pages

    If individuals are not careful, technology will eventually overtake humankind. Ray Bradbury dives into this theme in his short story, "The Veldt." In general, writers develop their theme by using various literary elements. This is the case in "The Veldt," however, the story's theme is also built through its science fiction genre. Bernardo puts this into light, saying that "Bradbury's poetic style transports the reader out of the everyday world and into a fantasy world, often reminiscent of the unchecked imagination of childhood." This fantastical style can be found throughout Bradbury’s other works, including Fahrenheit 451 and Something Wicked This Way Comes.

    Read More

  • amazon com

    2097 Words  | 5 Pages

    Have you ever purchased any product on the Internet, used the Internet to collect information or data, or played computer games on the Internet? You must agree that it is fast, easy, and enjoyable. The Internet has been a part of our daily life for several years now. In addition, in the business world, a new business model, E-business and E-commerce, has appeared for several years. According to Ali, there are two main types of E-commerce: B2B and B2C (2000). One is business to business (B2B). This means that enterprises use the Internet to transact or trade between business operations and their partners. Another is business to consumer (B2C). In other words, enterprises provide products, support good, and services to the customers on the Internet.

    Read More

  • Ebay: Facing The Global Challenge

    1109 Words  | 3 Pages

    Executive Summary: The e-commerce industry has become a major player in the global retail environment. E-Bay's large operating history has allowed the company to build a social capital of internet buyers and sellers that has now become its competitive advantage. However, intense competition in e-commerce has lead major players to lead expansion efforts in foreign markets where growing economies exist and the number of internet users is abundant. As a facilitator of online buyer-seller transactions, the only obstacle the company needs to overcome is quickly introducing its presence in new foreign markets where growth opportunities have been identified.

    Read More

  • The Role Of Ebay

    1181 Words  | 3 Pages

    Did you know you can buy items such as a vintage World War Two plane, to a yacht, to a mobile home? It is true. EBay is an online auction and shopping website that is used by millions of people worldwide and offers customers a variety of various types of products to buy. It is one of the biggest e-commerce companies in the world. EBay allows people to sell and buy products from many different countries around the world. There are some people who make an income out of selling goods on eBay. In electronic commerce such as eBay, Information Technology (IT) is used anywhere from the collection and storage of data, to security factors, and to helping customers with their online auction experience. Without the help of Information Technology; eBay

    Read More

  • The Impact of Technology on Business

    1185 Words  | 3 Pages

    E-commerce, a system by which people can buy, sell and deal without even seeing the person on the other side, has taken a front seat in improving the economy of countries around the world. Technology today has made it possible for monetary institutions to help locate the customers resources and help solve their problems at any given time through online banking.... ... middle of paper ... ...

    Read More

  • Technology And World Commerce

    1554 Words  | 4 Pages

    "The long-term challenge is to accelerate the development of next-generation technologies in a way that avoids repeating the mistakes of the past" (Global Technology Initiative, 2003). Even with these challenges, e-commerce is changing the face of business worldwide every day. In mid 1999, General Motors announced a development, which simultaneously accelerated the process of globalization and e-business (Reynolds, 2000).

    Read More

  • The Advantages and Risks of Online Shopping

    1027 Words  | 3 Pages

    The Information revolution is changing our daily lives. With the rapid development of computers and the internet, online commerce has become quite common and plays an important role in the modern world. Online business has been booming in recent years. US online retail sales rose an average of 11% in the first three months of 2009 (“US Online Sales Up,” 2009). The growth of online sales may be due to the growing number of consumers who shop online.

    Read More

  • Ebay Case Study

    1356 Words  | 3 Pages

    E-marketing is a fast growing and rapid platform for any form of business. EBay has been highly successful over recent years and this is a perfect example of an online business. The internal and external environments are constantly changing and in order to keep up with these changes, businesses and organisations must make relevant changes, and generate new strategies to keep up with contemporary developments in e-marketing and to also maintain their position in their market in comparison to their competitors.

    Read More

  • E-Commerce Essay

    1274 Words  | 3 Pages

    Electronic Commerce as popularly as E-commerce has become a big deal in our growing economy due to the increase use of online systems. E-commerce now of the fastest growing business in the world. The technology has change the way of business. Business that have physical location have now made it an effort to focus their online business. It is the new sort of business platform where you can make use of different technologies like electronic data interchange or transfer document electronically. Online business is an effective of sales.

    Read More

  • Foreign Direct Investment (FDI) in E-commerce in India

    2939 Words  | 6 Pages

    E-commerce is about two decades old, yet due to its fascinating dimensions, it remains a challenging area for researchers and professionals.

    Read More

  • The Impact Of E-Business

    1822 Words  | 4 Pages

    The report also talks about the differences between, advantages and disadvantages of e-business and e-commerce. Recommendations and advice have been given in the end for businesses intending to adopt an e-business dimension.

    Read More

More about The future of e-commerce

Open Document