Essay On E-Commerce

B2B’s and B2C’s are both communications directed to people. Whether this be towards a business or to a customer, they are trying to market their products and services to their desired target audience. Another similarity is B2B’s and B2C’S both need to build a brand. If a brand has a good reputation, customers and businesses, are more likely to purchase that brand. Examples include logos and packaging. (B2B and B2C Similarities and Differences , n.d.) These need to capture the attention of their customers because businesses have competition and therefore need to stand out.

To develop a data warehouse, business requirement is one of the main factors. Business users like executive managers, business analysts require information for business decision and analysis purpose. To analyse or measure a particular fact, business dimensions are required. Suppose to analyse sales of a company, time, product, location, customer demographics are required. Time, product, location, customer demographics are called business dimensions. Each business dimension further can be divided into hierarchy level. Through business dimensions, some facts of a particular subject are measured. There are some methods also for gathering business requirements such as interview, joint application development, questionnaires.

Globalization  The integration and interdependence of economic, social, cultural, and ecological facets of life, made possible by rapid advances in IT.

Data security is usually one of the main priorities for corporate and small businesses. It is a type of security that protects data in databases from hackers or unauthorized users. These databases consist of financial information, sales numbers, and other key business information. The security provides privacy measures to prevent access and corruption to the company’s computers, databases, and websites. Data security also protects the business’s customer’s information; like their credit card numbers, addresses, emails, and purchasing history.

A cross-functional data governance structure and process helps an organization harness value from its data assets. Data governance is not an information technology function nor is it a department in the organizational hierarchy.Rather, data governance brings together the key stakeholders from quality, finance, administration, IT and others to make decisions on how data should be captured, harmonized, and secured. The data governance discipline makes decisions on how to rationalize inconsistencies in

Abstract : Many factors determine the success of an e-commerce business like the location of launch, products, customer trust and satisfaction, good customer retention etc. Although a plethora of research has determined that there is no one particular way that ensures whether an e-commerce business will be a success or not. The purpose of this study is to understand the Indian market for a particular type of product, understand the demand and scope of the product in a niche segment. Also to elucidate the concepts of customer loyalty and various aspects of customer satisfaction and customer trust.

Online shopping has nowadays become a widely spread way of shopping among people on different continents and in different countries. Its popularity is constantly on the rise considering the spread of Internet technologies and the increasing share of online shops in the retailing business. Online shopping activities are gaining wide spread as far as they tend to provide the consumers with numerous benefits and increase the convenience of buying without leaving the house. The popularity of online shopping grows due to a range of reasons, including its convenience as well as time- and money-saving potential.

As the information technology soars, electronic commerce is developing (Michael, Technologist, & GET Corporation, 2000). Amazon.com has already taken an important position in most B2C markets worldwide based on its and websites platform.

A B2C, or Business-to-consumer organization, is one that sells goods and services directly to the customers. such as Restaurants retail are all examples of B2C organizations.

According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style.Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites. Users have more opportunity to choose and compare products they want to purchase or easily find and select specialized products. This kind of open market place would increase competition, provide benefit for industrial buyers as it will promote better quality and more variety of goods.

Founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake, Shopify is an Ottawa-based online storefront provider which powers 120,000 active retailers, including CrossFit, GE, Guthub, Tesla , Encyclopaedia Britannica and more. Shopify’s Gross merchandise volume now has totaled 5 billion. Exhibit 1 shows Shpoify’s customizable storefronts.

The major success key of Marks & Spencer is that it offers superior quality and innovative products and services to its users with prime emphasis on innovation and design. The spread of this innovation will be influenced mainly by its attractiveness, quality, price, promotion, and durability. Research shows that customers make high involvement purchase decision for innovative products as it involves high risks. Moreover, Marks & Spencer would be being the first one to enter the market with highly innovative products will lead to its strong brand image building in the competitive global market. (Rodrigues,

In this week’s written assignment I’m going to describe three ways e-commerce can provide services for its customers and to provide three examples of each. To further entail other requirements, this paper is aimed to be two pages in length, double-spaced in Times New Roman font which is no greater than 12 points in size and lastly include a reference list.

There are 6 basic types of e-commerce which is existed in 21th century. (Fernandes, 2014) First is business-to-customer. This means that online business selling to individual consumer. The owner using promotions as tools for attract the consumer. Next is business-to-business. This means that online business selling to other company. The firms purchase two types of goods which are direct goods which are the good direct involved in production process and also indirect goods. These goods were not directly involved in production process. After that is consumer-to consumer. This means that consumer selling item to other consumer. The consumer rent or selling the service to other consumer in order to gain revenue. After that is Mobile e-commerce. This means the owner use of mobile devices to enable online transactions. Next is social e-commerce. This means the community using famous social media to keep in touch of the relationship. Last is e-commerce. This is focus

I have noticed that when I try to explain to most people how my business works, they find it hard to believe. When I talk to my friends and suggest them to start their own online business, they thought I am crazy. They do not understand why I am so passionate with online business.