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Essay On Ecommerce

912 Words4 Pages

We live in a digital age. The Internet has revolutionized the way we live. In almost everything we do, we use the Internet. Ordering a pizza, buying a t-shirt, watching a TV series, and sending an instant message to a friend. Before if you wanted to keep up with the news, you had to walk down to the newsstand in the morning and buy a physical newspaper. However today there’s no longer any need to do that, worldwide news updated to the second is now available in only a click or two from an electronic device. The opportunities for businesses and consumers have increased majorly thanks to the Internet. New technologies increase the speed of information transfer, and this opens the possibility for Ecommerce. The Internet provides a vast wealth of possibilities for the purchase of content, merchandise, and entertainment, which has led to ecommerce being an important channel of distribution of goods and services. You can now book tickets, get a jersey from New Zealand, or buy food in a supermarket online.

In this context, it is the consumer who comes out on top, and the traditional rules and methods of distribution and marketing are altered. Consumer access to information has grown tenfold, and their views on their experience of various products and services have become crucial. Access to product comparisons …show more content…

On average they spend €848 per year online, a value that is growing at an estimated annual rate of 4%. The total turnover of ecommerce in Spain reached 15.89 billion euros in 2014, new data shows. With the increase of 24.8% the ecommerce industry in Spain continues to grow. During the fourth quarter of last year, online sales even increased by 25.8%, reaching 4.3 billion euros. It’s the La Comisión Nacional de los Mercados y la Competencia (CNMC) that published these

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