Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Development and growth of e-commerce systems
E-commerce and its development
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Development and growth of e-commerce systems
The e–tailing business sector is described as “the selling of retail goods electronically over the internet” (DMS Retail, 2011, p.2). Information technology in the e-tail business sector is developing with ” the emergence of standardized Web 2.0 technology and open source software packages, shopping cart and e-tail e-commerce tools have become cheaper, more powerful, standardized and chock-full of all kinds of interactive, multichannel and multimedia features” (E-Commerce Times, 2007, p.1). Major companies such as Dell, Amazon, eBay and Canadian Tire have identified themselves as e-tailing successes because of their understanding of the customer interface and their use of customer information in managing their e supply chain. The development of Web 2.0 as a technology has enabled e – tailing because of its ability to cluster IT programs (Chaffey, 2009). Web 2.0 is “a collection of web services which facilitate certain behaviours online such as community participation and user-generated content, rating and tagging” (Chaffey, 2009, p.752). At this current time Web 2.0 is becoming outdated, and Web 3.0 is becoming the future concept. Web 3.0 is “next-generation web incorporating high-speed connectivity, complex cross-community interactions, full range of digital media (text, voice, video) and an intelligent or semantic web where automated applications can access data from different online services to assist searchers perform complex tasks of supplier selection” (Chaffey, 2009, p.752). Open source software packages are “developed collaboratively, independent of a vendor, by a community of software developers” (Chaffey, 2009, p.156). Some advantages of using open source software are it is effectively free to purchase, lower... ... middle of paper ... ...be a crucial factor in the development of future of e-commerce. . References Chaffey, D. (2009). E-Commerce Fundamentals, E-Business and E-Commerce Management, 4th edn. Pearson Education Limited, Harlow. DMS Retail. (2011). E-tailing and multi-channel retailing. Retrieved April 10th, 2011, from: www.dmsretail.com/etailing.htm E-Commerce Times. (2007). Shopping cart options for SMBs, part 2. Retrieved April 10th, 2011, from: www.ecommercetimes.com/rsstory/59952.html Startup Nation. (2011). 8 Steps for choosing e-tail storefront software. Retrieved April 10th, 2011, from: http://www.startupnation.com/business-articles/1529/1/8-steps-storefront software.asp University of Delaware. (2004). E-tailing issues. Retrieved April 10th, 2011, from: www.udel.edu/alex/online/market5.html
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 ...
The transition from Web 1.0 to Web 2.0 ushered in major paradigms shifts in the software industry. Software evolved from being a licensed product to being a subscribed web service. Development efforts slid from the tight control of specialists, for example systems analysts and programmers, towards a collaborative project between end users and technology experts. Learners are now required to teach themselves and teachers are there to facilitate the learning process. The dissemination of knowledge and wisdom would gravitate away from the puritanical filters of rigorous scholastic scrutiny towards a mashed-up crowd sourced assembly such as Wikipedia. Personal websites would now encompass a social networki...
Provider Saves More Than Three and One-Third Tons of Paper with Oracle E-Business Suite and Oracle Content Management. Cox has significantly reduced its carbon footprint with the help of Oracle E-Business Suite and Oracle Imaging and Process Management, a component of Oracle Content Management. Cox Communications is leveraging the Oracle E-Business Suite to pilot a completely online business-to-business procurement process for high volume vendors, yielding access to a customized website to order pre-configured products, secure approvals and submit payment via an electronic invoice. How Cox communications uses Web 2.0 and social media: Web 2.0 technology can fundamentally change business processes by delivering productivity gains and making user feedback an integral part of development processes. But many IT managers are shying away from the technology, unsure of how it will fit into their business.
In addition to the change in behavior of consumer, many companies or retailers change the sales channel combinations. The greatest impact of the Web-bases electronic revolution has occurred in companies adopting the click-and-mortar approach. Click- and-mortar is one the strategy used by the companies or retailers that they continue to conduct their business in the physical locations and have added the electronic commerce component to their business activities. According to one study, 37% of United States retailers are selling through a combination of the internet, in stores and catalogs. This represents a growing demand for the business-to-customer package delivery service.
Online retailing in China, dubbed ‘e-tailing’, has doubled every year since 2003. By 2020 the size of China’s online retail market is predicted to reach up to US$650 billion, exceeding the combined value of online markets in the USA, UK, Japan, German and France. With over 590 million internet users, China boasts the world’s largest online population - more than the US and Japan combined – and still growing at almost 10 per cent per annum.
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.
The Internet has become a key ingredient of strenuous and busy lifestyle. ‘Internet’ has become the central-hub for communication, explorations, connecting with people or for official purposes. Resultantly, Internet growth has led to a plethora of new developments, such as decreased margins for companies as consumers turn more and more to the internet to buy goods and demand the best prices.
Since its launch in the mid '90s, Dell's e-commerce business has been a poster child for the benefits of online sales, says Aberdeen Group analyst Kent Allen. The company's strategy of selling over the Internet -- with no retail outlets and no middleman -- has been as discussed, admired and imitated as any e-commerce model. Dell's online sales channel has proven so successful, says Allen that the computer industry must ask: "Does the consumer need to go to the store to buy a PC anymore?"
The university of Melbourne, wikis, blogs and web 2.0 technology, retrieved on 28th April 2014
Consequently, e-business and especially online shopping is crucial for retail stores. They should provide necessary infrastructure for selling their products online. By taking advantage of e-business not only they can get competitive advantage of online shopping, but the...
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.
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.
“The Internet is becoming the town square for the global village of tomorrow.” Bill Gates. The Internet is vast and is just getting bigger. It has its own community that is open to the public. The Internet is becoming a platform all on its own. It is a stepping-stone in a direction that is unknown. The Internet has become so vast that there are now different versions of it. The different versions of the web are Web 1.0, Web 2.0, the main focus of this paper, and Web 3.0. Web 1.0 is all about sharing information. It is very bland and just gets the point across of what was needed. This how the Internet had started. Web 2.0 is sharing information with interaction. To me this means social media in some fashion. The website that was accessed has a way of interacting with the users whether it be through comments or giveaways on the web. Web 3.0 is the server interacting with the individual on a particular website. Amazon is the best example of Web 3.0 because it gives recommendations based on items that have been searched. “Among American adults 87% use the web, 68% connect...
There has been a surprising change in society, which computer engineering has brought about . The Internet in particular is changing every activity of our daily lives. Today just about every advertisement on television, radio and in print carries a web address. It is not unusual for consumers to research a purchase on the Internet before buying. Websites offer thousands of pages of detailed information. Chat rooms and news groups attract many people with opinions t...