In a similar context, WooCommerce themes have been developed which is a great theme that can offer optimized offerings. Today, e-commerce is one of the main money-making methods for businesses that want to move their operations to the online. That’s likely one of the reasons why the community of web developers made e-commerce possible on WordPress too. Nowadays, e-commerce is vitally used for making money online and most of the business are thriving on the same concept. And therefore, this is one of the important reason why developers have brought WordPress in limelight.
Social media contributes to marketing which advertising has been a big deal on internet. Marketers appear to be curious on the opportunities to post advertisements on the World Wide Web. Internet had more advantage on making easy transactions between the consumers (Wen, 1997). Digital advertising, also called “Online Advertising”, is the use of internet as the media of marketing to gain and attract more customers (Beal, 2015). The popularity of internet brought more ideas on
Electronic business (e-business) can be defined as the use of the internet to network and empower business processes, electronic commerce, organizational communication and collaboration within a company and with its customers, suppliers, and other stakeholders. E-businesses utilise the internet, intranets, extranets and other networks to support their commercial processes (Colin Combe, 2006). Companies go online to engage in advertising, buying and selling of products and services. Due to the increased competitiveness in the hypermarket industry, the adoption of e-business has helped companies gain a competitive edge over their peers in terms of reduced costs, increased revenue streams and greater customer satisfaction. Operational costs such
Promotion is also one of the marketing strategies that led to the success of alibaba.com. The company promotes its services through the use of internet promotion strategy because internet is the best cost effective and fastest promotion tool in the export/import marketplace. The presence of alibaba.com company profile and product/services in major search engines. Another promotion strategy is media advertising, promotes its products and services through mass media. 4.
Effect of E-business and on firm’s Supply Chain Introduction E-business is computing and communication through internet which has enabled a business to execute front end backend processes of a business. In today’s scenario it has become a key enabler to drive the supply chain integration. Business can use internet to • Gain global visibility across their extended network of trading partners • Help them respond quickly to a range of variables from customer demand to shortages of resources. By adopting e-business methods in the supply chain pattern we can achieve goals of reduced cost increased flexibility, faster response times more efficiently and effectively. In the past decade, electronic business has increased demand and attention from
7. In cross-border e-commerce transactions, is there any reason why interchange fees are higher than domestic transactions? Will cross-border fees come down over time? Innumerable companies are solely based on e-commerce to sell things to a customer geographically located outside the country. This is one of the best and most convenient way to grow a customer base globally.
The commercialization of the Internet has driven electronic commerce to become one of the most capable channels for inter-organizational business processes. ADVANTAGES OF E-COMMERCE TO BUSINESSES IN INDIA E-commerce is one of the most important facets of the internet to have emerged in the recent times. There is a rising awareness among the businesses in India about the opportunities offered by e-commerce. E-commerce provides a new place for connecting with consumers and conducting transactions. Virtual stores operate 24 hours a day, 7 days a week.
The Internet is changing the way consumers shop and buy goods and services, and has rapidly evolved into a global appearance. Lots of companies nowadays use the Internet to convey, communicate, promote and spread the information to sell the product, to take feedback and also to conduct satisfaction surveys with customers. Customers use the internet not only to buy the product online but also to compare prices, product features and after sale service facilities. After compared the price they will choose the one which is more suitable and reasonable. Consumer can get more detailed information and choices to compare product and price, more choice, convenience, easier to find anything online.
Using a common set of protocols andtechnical infrastructure, it is a global collection of networks, connected to share information. Also, as a vast network of people and information, the Internet is an enabler for ecommerce as it allows businesses to showcase and sell their products and services online and gives potential customers, prospects, and business partners access to information about these businesses and their products and services that would lead to purchase. With the Internet, e-commerce spread rapidly because of the lower costs involved and because the Internet is based on open
5.5 Finding: 5.1.1 Creating impact at large- It has been seen that there has been impact of e-commerce both on retailer and consumer. Consumer now prefers shopping via e-commerce, earlier they used to shop at traditional shops now they prefer e-commerce. 5.1.2 E-commerce has made human life easy- Human life has become easy as large variety is available on e-commerce and it provides 24*7 services, Cash on delivery, internet banking and many more attractions that makes human to prefer e-commerce for comfort and ease. 5.1.3 Youth has been impacted the most- Today’s generation is after ease and comfort, teenagers and youth of our country depend on e-commerce when it comes to shopping they prefer it in form of e-commerce. 5.1.4 E-commerce has reached