In this digital era, electronic commerce (“e-commerce”) has become one of the main to ensure accuracy, speed and efficiency where commercial transactions negotiated, confirmed and performed.
Began in the World War II as a project of U.S. Department of Defense, the first local area network (LAN) was developed to link computers at the atomic weapons laboratory (Staubhaar, et al., 2011. p: 247), internet has continued to evolve, and become a popular technology and well accepted by the society worldwide. Internet penetration reached 71% of American households by 2006 (Grant and Meadows, 2010). According to Eurostat data, 70% of households had access to the internet in 2010 across EU countries, While in Indonesia, Indonesian Internet Service Providers Association (APJII) reported 88.1 million internet users along 2014 (cnn.com, 2015).
Through internet, consumers have 24 hours access to companies’ products and services. It
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However, with a huge amount of information available in the internet, sometimes we as consumers may find it overwhelming to make the decision. Thanks to specific websites such as comparison websites and online discussion forums that emerged to help consumers to identify the most appropriate products and services needed.
It is said that understanding consumer behavior is good business (Salomon, et al., 2010). E-commerce has opened great potentials for the business to introduce their products to market, reach new consumers or maintain relationships with existing customers. It may also become one of the most effective sales channels that currently available. E-commerce also promote good supply-chain management and provide more information through a narrative display which highly-unlikely to be available in-store. It also enable consumer
For example, business like Asda use e-commerce which allows customers to shop online. The advantage of using e-commerce is that you are allowed to create your own website and sell products online. Upgrading IT development It is important that you are aware of your customers because you should always keep your customers happy.
This is important in driving traffic and creating awareness of the availability of online purchases, which is convenient to most people. Therefore, the customers will not have to travel to the company’s physical stores since they can easily make purchases from the comfort of their
The most important features linked to a ecommerce solution, is the websites appearance and security setting since many customers are looking to search for consumer products and many will pay for the products and services directly online. This means entering credit card information and bank details which require the ecommerce solution to protect intensely. Ecommerce websites are also under constant
Thanks to the rapid growth in the online retail sites as well as the mobile devices, the online shopping markets have gained significant support. According to Best et al, “57.2% of the American Population has satisfactory access to the internet [and roughly 33.6% of the population has some sort of subscription to mobile internet as well]”
Having internet access as one of the products, advertising through the company’s web site is utilized to let customers browse the products and services, as well as some of the basic pricing techniques. AT & T (JASPREET SINGH/PRN-14020541149) SEGMENTATION AND
Introduction The power and utility of the internet is common knowledge to literate people. It has fundamentally shifted the economic land scape to such an extent that its era is dubbed the new economy (Turban et e, 2011l). At the heart of this new economy is e-commerce. E-commerce is simply doing business online. Amongst the companies at the pinnacle of the new economy and more specifically e-commerce is Amazon.
According to Noam Chomsky (as cited in Mackintosh, 2002), an American political writer and institute professor of linguistics at the Massachusetts Institute of Technology, “The internet could be a very positive step towards education, organisation and participation in a meaningful society.” His speech represents that the Internet has played numerous roles in every community. It provides education, corporation, and cooperation, thus everyone should be able to access to the Internet and use it freely. However, some people disagree and claim that access to the Internet has negative effects. Many countries’ governments have generated the Internet censorship that is supposed to protect their nationality and country.
The Internet is one of the most powerful tools of the modern age as source of knowledge, entertainment and wealth generation. While a large majority of the population has no understanding of how the Internet actually works and how the content arrives at their computer they understand its importance. Scholars, lawyers, lawmakers and advocacy groups have began to worry about who has control of the Internet's content and its distribution. Net neutrality is the idea that Internet service providers or ISP's should not discriminate against information being sent over the Internet and must treat all data packets equally regardless of source, type or content. The danger of an Internet without network neutrality is that Internet service providers would
Multiple countries throughout the world have internet access at their fingertips and are able to find the answer to their questions instantly. “As of June 2017, 51% of the world’s population has internet access. In 2015, the International Telecommunication Union estimated about 3.2 billion people, or almost half of the world’s population, would be online by the end of the year” (Gordon). Billions of people use the Internet each and every day to research topics, check their social media, and communicate. The nation as a whole has become extremely dependent on technology to do their work and survive through the day.
In this essay I will analyze how and why the Internet distinctively differs from other ordinary kinds of networks, specifically the London Underground system (reference to the network analysis of the 2005 London underground attacks). I will use technical terminology specific of the “network society”, and these will be explained in the next paragraph. Therefore, in this essay I will analyze and discuss my opinion of understanding the Internet as largely different from other kinds of networks, and I will support my point using some key scholar’s theories and experimental results. Before analyzing this issue, it is important to define a few words which I will continuously refer to in this essay: network; internet, “networked society”, nodes
Causes 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.
Since the beginning of the 1990’s, e-commerce has radically changed consumer behaviour by introducing new retail channels (Ngai and Gunasekaran, 2007). Serious attempts to trade online started to emerge in the mid-1990s wheninnovative, technically savvy companies responded to the opportunities and challenges posed by the internet, to develop sophisticated web sites to serve customers, in their homes (Rayport and Sviokla, 1994). The present retail environment is characterised by new, store and non- store, retailing formats, a wide range of new products, use of new information and communication technologies and consequently, the changing customer needs. Moreover, the dynamic lifestyle conditions of consumers has resulted a change in their personal environment that contributes to a profound change in customer behaviour (Schröder and Zaharia, 2008). Retailing in the 21st century means doing business with customers on their terms (Mathwicket al., 2002).
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.
Introduction At the start of this course, I had no idea what to expect. This is due to the fact that marketing is a field that offers a combination of so many different disciplines such as art, psychology, and statistics. I encounter marketing on a daily basis but have strangely enough not reflected too much about it. Nevertheless, it is a very interesting subject, which deals with promoting and selling services and products.
Abstract This paper is based on the study of various factors which influence the habitual buying behavior of consumers while buying branded apparels. Habitual behavior represents the repeat purchases made by the customers, based on habits or routines that are developed in order to simplify the decision-making process. The paper considers the influence of various marketing and demographic factors on consumer’s habitual behavior towards branded Sports apparels. A conceptual model is proposed, and factor analysis, along with chi-square, t-test, multiple regressions, etc. is used to analyze the data taken on a random basis.