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In-store shopping vs on-line shopping
In-store shopping vs on-line shopping
In-store shopping vs on-line shopping
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INTRODUCTION.
In recent years, selling online companies have mushroomed following the increasing popularity for internet and for distance purchases. However, these trading systems are more complex than traditional sales. Indeed, these sales virtually engaged, they are realized with great speed and are very numerous. Moreover, the online sales system facilitates international trade.
Which leads to this question?
Why E-businesses selling online, or why should they sell online?
Types of business sector were ebusinessopportunities exist
E-commerce technologies
Opportunities for e-business abroad
1. Why E-businesses selling online, or why should they sell online?
Online sales has become a crucial development axis. Today, more than ever, it is essential to have a website. Whether it is simply so people can communicate with you or to expand your customer base, a Web page is the best tool to achieve your goals. Unlike many other media, the Web is accessible from anywhere around the world, at any time and by everyone on the globe. Here is a list of 10 excellent reasons for which companies must have a showcase on the canvas.
1.1. Your Web site is an investment and not an expense
Short and medium term, you will see the benefits of an Internet site. Your printing expenses will be reduced, your customer service will be improved, your sales will increase, your company will acquire additional notoriety, etc. The Web is a world without frontiers that is accessible at all times. Your website will be never closed contrary to your shop. Your Web page may sell and answer questions in an autonomous way.
1.2. A window available at all times and accessible from anywhere
What's great with the Web is that it is accessible anytime an...
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...e any risk of fraud. Today two protocols are used - SSL, which ensures the confidentiality of the data transmitted over the Web and SET, which is a payment protocol in the proper sense of the word.
3.3. 'Smart' agents and their role in e-commerce
An intelligent agent is an object using the techniques of artificial intelligence: it adapts itsbehaviour to its environment and remembering his experiences, behaves like a trainable subsystem: it enriches the system that uses it by adding, over time, automatic processing, control, storage or information transfer functions. It must have the following characteristics:
-Autonomy (independent of the user)
-Ability to communicate and cooperate with otheragents ability to reason, to respond to its environment (mobility).
There are two categories of agents for electronic commerce: the buyers and sellers agents.
The company can improve its channel strategy to enhance its current performance in one way. The company’s website is too reliant in the physical stores. The website has photos of the physical store ostensibly to help customers to connect with it. This idea seems well founded. However, the target market for any company that operates an online shopping system is not local. It transcends geographical boundaries. The company needs to consider how it can make the online shopping experience authentic and complete for customers who may never visit any of its physical stores. A website makes a company a global player. In this regard, the company needs to expand its channel strategy to take into account an expanded potential market. This shift in strategy will increase the sales the company makes.
Artificial Intelligence (AI) is one of the newest fields in Science and Engineering. Work started in earnest soon after World War II, and the name itself was coined in 1956 by John McCarthy. Artificial Intelligence is an art of creating machines that perform functions that require intelligence when performed by people [Kurzweil, 1990]. It encompasses a huge variety of subfields, ranging from general (learning and perception) to the specific, such as playing chess, proving mathematical theorems, writing poetry, driving a car on the crowded street, and diagnosing diseases. Artificial Intelligence is relevant to any intellectual task; it is truly a Universal field. In future, intelligent machines will replace or enhance human’s capabilities in
Artificial intelligence(AI) is refer to as computer algorithms that show functions that represent intelligence or duplicate certain components and elements of intelligence (Novella, 2017). Computers are good at crunching numbers, running algorithms, recognizing patterns, and searching and matching data. Artificial intelligence is also defined as the stimulation of human intelligence, functioned or processed by machines, especially computer system (Rouse, 2016). These processes involved learning which means the acquisition of information and the rules for using the information, reasoning whereby using the rules to achieve approximate conclusions, and lastly is self-correction. AI has applications in almost every way we use computers in society (Smith, 2006).
Despite the wide use (and misuse) of terms such as intelligent systems, there is no widely agreed-upon scientific definition of intelligence. It is then useful to think of intelligence in terms of an open collection of attributes. There is a list of attributes that are seen as the general characteristics of intelligence and a few examples of these are Communication, adaptation, and reasoning. AI systems do not come anywhere close to exhibiting any of these characteristics, except for in narrow areas.
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.
Inventories can also be depicted, and quantities listed. With the proper programming, once an item is ordered, it is subtracted from the inventory, thus showing the proper amount that is actually available for sale. The Internet and international business is an interesting topic- discussing an area of business that will probably be around for many years and possibly centuries to come. Since its earliest days, the Internet has been a means of communication, an essential tool in almost instant communication.
In order to see how artificial intelligence plays a role on today’s society, I believe it is important to dispel any misconceptions about what artificial intelligence is. Artificial intelligence has been defined many different ways, but the commonality between all of them is that artificial intelligence theory and development of computer systems that are able to perform tasks that would normally require a human intelligence such as decision making, visual recognition, or speech recognition. However, human intelligence is a very ambiguous term. I believe there are three main attributes an artificial intelligence system has that makes it representative of human intelligence (Source 1). The first is problem solving, the ability to look ahead several steps in the decision making process and being able to choose the best solution (Source 1). The second is the representation of knowledge (Source 1). While knowledge is usually gained through experience or education, intelligent agents could very well possibly have a different form of knowledge. Access to the internet, the la...
...ors are using the Internet in many different ways. However, the Internet is just like other information technologies, change management, good implementation practices and clear business objectives are required. At its most developed level, e-business aims to reduce costs and improve efficiencies by integrating business systems and eliminating duplication of effort. The main benefit for all types of e-business, business to business, business to consumer or consumer to consumer, is that the business can be run in a more efficient manor, achieving more with fewer resources and for less cost while benefit your customer. Business is no longer a one for all concept, that concept is being replaced by a consumer economy that is driven by choice.
"Within a few years, the Internet will turn business upside down. Be prepared-or die, says Matthew Symonds". (The Economist) The companies have made businesses, such as Amazon.com and eBay, a great deal of money. Through Electronic Commerce (E-Commerce) a customer can go through a pick what they want without getting out of the house. An individual is able to find almost anything he/she wants or he/she can request anything they want off the internet. The Internet has helped companies' lower costs of their goods across the board. The companies can enter new markets, create more sources of income, and redefine partnerships and relationships. With access to online services, the smaller companies are able to project to a bigger audience. Stockholders in companies are able to access the finances of the business online and many companies are able to attract new stockholders and investors through posting their financial statements online.
E-commerce or electronic commerce is carrying out business communications and transactions through computers and over networks. It involves buying and selling of goods and services through digital communication. E-commerce also includes transactions on the World Wide Web and the Internet and means such as electronic funds transfer, smart cards and digital cash. E-commerce covers outward facing processes that interact with customers, suppliers and external partners such as sales, marketing, delivery, customer service, purchasing of raw materials and supplies for production.
The high take-up of the Internet leads to variety of opportunities in front of companies. People are more online than ever. They spend many hours each day on Social Networks such as Facebook and Google+. It is no wonder that buying and selling can now be done in a more convenient way. Although traditional shopping is still thriving, online shopping can be an alternative for people wanting to save time and money. If a certain customer plan to go shopping, it could be stressful and also be time consuming. E-business has made shopping or any kind of transactions online much easier and convenient. It introduces new facilities, opportunities and way of shopping for both vendors and customers.
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.
Artificial intelligence is defined as developing computer programs to solve complex problems by applications of processes that are analogous to human reasoning processes. Roughly speaking, a computer is intelligent
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.