The Internet is relatively new medium for the communication and the exchange of information which has become present in our daily lives. The number of Internet users is constantly increasing, which is also significance that online purchasing is increasing rapidly (Joines, Scherer & Scheufele, 2003) Online shopping has been a growing phenomenon in all four corners of the world, in particular amongst countries possessing highly developed infrastructure available for marketing activities through the internet. Today, internet is not only a networking media, but also a global means of transaction for consumers. Internet usage has grown rapidly over the past years and it has become a common means for information transfer, services and
INTRODUCTION Over the past few years, there has been an explosion in the online world - an explosion that is also a harbinger of how business will operate in the future. Supply chains are being rethought, products and services reconfigured, and business models revamped. As such, the Internet is having a profound impact on the way business is being conducted in ways that are often disruptive to traditional methods. This is creating new challenges and opportunities. The Internet provides the opportunity for companies to reach a wider audience and create compelling value propositions never before possible (e.g.
It provides a nice way to physical development and proper means of learning. Basically internet has totally changed the living standards of everyone including the youths of the country. Internet has not only impact in a negative way but it has the advantages on the Bhutanese society. Live has changed drastically since the introduction of media as a form of internet in Bhutan and it is now playing a vital role in this
We can not denied that the Internet has many benefits or positive impacts for all people to communicate with other, gain from other’s knowledge and experience, moreover, in education students can access Internet in their classroom for doing activities with their instructor or using in the library. The Internet is like a massive and extensive universe that never ends. However people should be careful and use the Internet in a proper way
Internet Banking has been regarded as the most important way to reduce cost and maintain or enhance services for consumers (Hua, 2009). Internet Banking is an emerging technology that permits conduct of banking transactions through the Internet. By offering Internet Banking services, traditional financial institutions seek to lower operational costs, improve consumer banking services, retain consumers and expand share of customer. It also can improve the efficiency and effectiveness of corporate business processes through elimination of paper work.Internet is the cheapest delivery channel for banking products as it allows the entity to reduce their branch networks and downsize the number of service staff. The navigability of the website is a very important part of Internet Banking because it can become one of the biggest competitive advantages of a financial entity (Ortega, Martínez, & Hoyos, 2007).
Everything changes every time and in today's reality it is vital to recognize what's going on the planet. Particularly, internet is a key mechanical improvement for instructors, representatives and specialists, lawmakers, students and so on who constantly require the most recent, upgraded information or news. In this appreciation it can be said that web is essential for these individuals. The emergence of the internet has had a profound impact on society in general and on library and information service in particular. The use of the internet has been growing vividly in recent years (Liu, 1996).
Before people use electronics for broadcasting purpose and now through this, people adopted the modern way of communicating, and advertising products for business concern. As a matter of fact, online shopping is now possible through electronics. It only takes internet and personal computer and in an instant people can now have their own business. Many patronize online products nowadays because of its convenience and availability. The World Wide Web has influenced the world market and has gone very far in the field of business.
With the development of the Internet the concept of E-commerce and E-business became more and more popular. The term of E-commerce was first introduced by Turban et al. (2002). After that the concept of the online shopping as a separate process became more accepted. Nowadays there is a growing competition between physical stores and online e-commerce stores.
Online marketing includes a huge range of marketing elements than traditional business because marketing has a lot more extra channels and marketing mechanisms available on the Internet. The importance of e-marketing: Global and wider reach : opens up new avenues for smaller businesses, on a much smaller budget, to access potential consumers from all over the world. Scope Internet marketing allows the marketer to reach consumers in a wide range of ways and enables them to offer a wide range of products and services. E-Marketing includes, among other things, information management, public relations, customer service and sales. With the range of new technologies becoming available all the time, this scope can only grow.
Into this scenario arrived the Internet – another radical technological innovation with the potential to change the structure and nature of banking. Many banks have adopted the Internet as a delivery channel. 4.1The Advantages of Internet Banking Some banks have started to provide customers the alternative of online-internet banking, a practice that has benefits for both all parties included. The convenience of being capable to access accounts at any time as well as the capability to do transactions without visiting a local branch, draw several people to be included. Some benefits of internet banking but are not restricted to, involve: Customer’s convenience: Real-time account information and balances are present at the touch of a few buttons hence, building banking easier, faster and more effective.