E-Commerce in Canada

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Recommended: Short note on the growth of e-commerce

E-commerce is an emerging area that encompasses the process of indirectly or directly buying, selling, trading products and services electronically (Yasin, Mario, Czuchry, & Lisboa, 2010). As a result of market placement advancements in the realm of technology, there have been a growing number of organizations that have re-engineered the way in which they operate so as to maintain consistency with the emerging e-business model. The internet has been growing at an unprecedented rate, and as such, the facets of the way organizations perform e-commerce has been changing to meet economic demands. One of the most important factors for an organization is to understand what contributes to effective e-commerce as this provides them a competitive edge. According to a study conducted by eMarketer Inc, the internet has become a dynamic virtual medium for buying and selling services and products and sales have been approximately 32.4 billion in both the public and private sectors in 2005 (eMARKTER INC, 2006). This paper will briefly explore the importance of Canadian e-commerce by closely examining the key trends.

The usage of the internet is growing faster than any other type of technology. In fact, statistics demonstrate that between 1993 and 1997, the numbers of internet hosts increased from 1 million to approximately 20 million (Zambia, 1999). Furthermore, by 2001 that figure grew exponentially to 120 million (Zambia, 1999). Now, there are almost 2 billions users that use the internet which represents a significant portion of the global population. These statistics alone demonstrate how the intensity of the internet can have a strong impact on economic development.

With respect to the data that Statistics Canada has released, retai...

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D.W, C., & M., T. (2000). The e-tail revolution: challenges and limitations. Ivey Business Journal, 44-50.

eMARKTER INC. (2006, July 6). E-commerce thrives in Canada. Retrieved March 25, 2011, from http://www.ebusinessforum.com/index.asp?layout=rich_story&doc_id=8809&categoryid=&channelid=&search=canada

Lu, W.-M., & Shiu-Wan, H. (2011). Exploring the efficiency and effectiveness in global e-retailing companies. Computers & Operations Research, 1351-1360.

Michalak, W. (2003). Canadian e-commerce. International Journal of Retail and Distribution Management, 6-15.

Yasin, M., Mario, A., Czuchry, A., & Lisboa, J. (2010). Effects of Implemenation Reasons, Implementation Plans and System Modifications on E-commerce Outcoms: A Structural Equation Approach. International Journal of Management, 303-314.

Zambia, L. (1999). E-commerce Trends. Internatonal Trade Forum.

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