. Companies like Dell have been reducing outsourcing in some areas, eBay should do the opposite. eBay’s has very valuable resources which it uses to create a sustained competitive advantage, but none of these valuable resources are created by the employees at the company. By increasing outsourcing eBay can decrease their costs and lower their overhead. By decreasing costs eBay can pass those savings on to the sellers on their website, charging them less to list their items and attract more users of the site.
Online retailers are getting successful as they can supply products through a convenient channel. E-commerce retailers, unlike other traditional retailers, are not slowed by the detrimental store growth and marketing, (Gurley, 2000). Also, e-commerce companies save a lot of time and do not have overhead like a brick and mortar store. Consumers are ready to pay for comfort and convenience. According to experts, online sale is expected to reach $32 billion by 2018.
Online shopping nowadays was getting popular in Malaysia and the rapid change of e-commerce transformed the way of businesses and consumer on method of distribute and purchases products and services. Besides, the fast pace of technology increase the competition in this overloaded online retailer market. Consumers have wider choices and there is boom of information to compare and make them convenience so that create a high chance to switch to e-tailers from traditional retailers. The low cost of set up the e shopping makes rise to a powerful channel for businesses and consumer to communicate and get information. Online retailer need to know what factors that will affect and encourage consumer to shop online and what will leads them to complete
2.2 ADVANTAGES AND DISADVANTAGES OF E-COMMERCE There are many advantages an e-commerce offer to customers and businesses, but there are also disadvantages of ecommerce. Listed below are the advantages and disadvantages of e-commerce to businesses and customers based on the article by Tokokoo (2010) Advantages of E-commerce For customers: • Business Hours 24/7 Online store have no opening hours and closing hours, it operates 24hour so customer can observe and make a purchase whenever they want. • Location Online store does not have any specific location, so as long there is an Internet connection, customer can do a transaction. • Niche Products As it is easy to enter the online market, the possibility to find unique products and services is high For businesses: • Lower Cost With an online store, business does not have to pay rental, electricity, etc. • Easy to enter the
S. Bhattacharjee (2012) said that the role of internet is increases day by day in business world, due to its less capital intensive in nature as compared to the traditional business. So, that person who has a good entrepreneurial skill and retains the discipline regarding work activities through e-business has a great chance for getting success in this area. It is not sufficient for the entrepreneur to display their products on internet but other facilities like easy way of payments, booking or order facilities, timely delivery, replacement procedure and security etc. The entrepreneur needs to provide all these amenities at minimum
You don’t need to be manning the store in order to make a sale. Cons of Online retail 1) No trying before buying- While there's a plethora of items that can be purchased online without any hesitation, there are other items, such as clothes, shoes, furniture and electronic gadgets, that consumers like to see in person or try on before making a purchasing decision. In the world of online retail "trying before buying" is not possible. 2) Competition- Being that online retail is a multi-billion dollar operation with relatively low start-up costs -- it can cost as little as $25 a month to operate a website -- some people are starting online businesses with the goal of getting rich quick. More online retailers translates to more competition in the Internet retail world.
Thus, giving the companies involved & category per se, a huge untapped market to bank upon. The sectors discussed in the article are online grocery, online healthcare services sector & the online washing or laundry service sector. This article throws light & identifies the intricacies involved, the issues & challenges for the sustainability of such innovative e-sectors in the country. The study deals with the growing demand for e-commerce in today’s world and how these online sectors are flourishing because of increased likeability by e-consumers.It throws light on the influencing factors that drive consumers towards purchases from the e-sector & also explains attributes which appeal to consumers while purchasing online. The data regarding the service innovations discussed in the article has been collected by various sources such as books, websites, research journals, magazines & newspapers.
The emergence of e-commerce has created a new business model particularly important aspect of this is the new business paradigm which impact on marketing channels. E-commerce defines as the business of buying and selling goods and services on the internet (IDM, 2012). E-commerce may employ some activities such as online shopping web sites for retail sales direct to consumers, business-to-business (B2B) buying and selling, and B2B electronic data interchange. Therefore e-commerce business is particularly powerful in certain segments of the service industry, including tourism where internet has steadily gained popularity during the past two decades (Buhalis and Law, 2008). Furthermore, the perspectives of e-business from the supply chain management (SCM) point of view are in attention.
E-commerce has made a marked impact on traditional methods of marketing and sales. The ability that e-commerce has provided enabling consumers to easily shop and purchase products online has opened the door for new and innovative marketing techniques as well. With consumers spending greater amounts of time online, the internet is continuing to increase in importance in influencing consumer purchasing decisions (Manzoor, 2017). In this week’s assignment, e-commerce marketing and strategies will be examined in order to better understand the impact these concepts have on consumers. The transition from offline marketing techniques to online based capabilities is a natural progression based on the rapidly expanding online market and technological advances in e-commerce (Manzoor, 2017).
There still many advantages from telecommuting. We can see it from cost aspect that people usually use it for transport to go work place. But telecommuting no need to cost for transport to go work place or office, they just need internet to work. If there 's no internet at home, we can use wifi at cafe or somewhere else that we can get the wifi. Even though cafe cost us money too but at least we can have refreshing condition to work that only buy a cup of coffee or if we need to add something else menu, at least that we buy the cheapest one so we can sit at there and enjoy the wifi to work.