Nowadays there is a growing competition between physical stores and online e-commerce stores. The researchers tried to determine if the consumers’ behavior is different for the online shopping and what are the main reasons for their purchases in the Internet. For example, Monsuwe, Dellaert and Ruyter (2004) introduced the technology acceptance model to explain the reason for online shopping. They proposed a theory and explained that there must be a reason why the customers prefer online shopping to traditional one. They assume that that reason belongs to one of the two main groups: functionality or emotionality.
In retail there is a number of applications available. Electronic Retailing (e-tailing) is the selling on retail goods over the Internet. This is a natural extension of the services that was delivered on the Internet. This is very much synonymous with B2C transactions. Most of these environments will contain an electronic cart and a shopping cart model.
The following report will seek to explain the difference between E-Business and E-Commerce providing examples where applicable to support the answer. Most if not all companies nowadays have realized that the Internet is not only here to stay but that its influence in the way business is conducted will increase with the passage of time. We have all heard the terms e-business and e-commerce being used quite frequently but what do these terms really mean and what are the differences between the two terms that are being used. E -business and e-commerce are terms that are used to differentiate one vendors' product from another. Both terms are different, and that difference matters for today's companies.
Is it accurate to say that you are pondering beginning a business where you offer your items online? Provided that this is true, then you'll be joining the a great many business people who have cut out a corner in the realm of e-commerce. At its center, e-commerce alludes to the buy and offer of products and/or administrations through electronic channels, for example, the Internet. E-commerce was initially presented in the 1960s by means of an electronic information exchange (EDI) on quality included systems (VANs). The medium developed with the expanded accessibility of Internet access and the coming of well known online merchants in the 1990s and mid 2000s.
So it shows that cooperation among an organization and its partners can be improved by e-procurement. Modern business practices has been drastically changed by the advancement in information technology which makes collaborative supply chain possible (Cachon, 2000). Information sharing brings the revolu-tion in supply chain by speeding new product design, reducing order fulfilment cycle. For in-stance think of a two companies like Wall-Mart and Dell which completely depends on infor-mation sharing to help out the member of supply chain so that they could work efficiently and effectively. With the help of information sharing Wall-Mart outsource its inventory planning to suppliers who are held responsible for managing the inventory levels, planning replenishment and suggesting the new ways of handling the entire supply chain.
Well, to answer that question one would have to refer to the exponential use of Internet based services at the given point of time. With an increase in the use of advanced gadgets like cellphones, laptops, desktops and palm-tops as well, the people are somewhere linked to Internet always on the go. Digital Marketing is thus the gateway to the vast network of the World Wide Web, whereby the people will be able to meet ends with customer demands and customer
Therefore, the competitors try to face the challenges and build their image in the market and also gain trust of the customer. Providing Mode of Payment: The most important which online shopping site provide suitable and comfortable of mode of payment so that customer do not hesitate to buy the product and services from the particular website this way different sectors build up their marketing strategies . ADVANTAGES & DISADVANTAGES OF ONLINE RETAIL SECTOR 1. Price Comparison: customers have an advantage of comparing price of different products and service under one roof instead of going to different physical stores particularly. 2.
AN IMPACT OF E-TAILING IN INVENTORY SYSTEM S. Haripriya and W. Ritha Department of Mathematics, Holy Cross College (Autonomous), Tiruchirappalli - 620002, India. email@example.com ABSTRACT In the present scenario of competitiveness, enhancement efforts and the adoption of new technologies is crucial for a company to reach high levels of effectiveness. Online retailing is one such strategy and it is continuing to expand quickly. As Information Technology progresses rapidly, consumers can access the internet more convenient and thus they are more interested in online shopping. Retailers who have effectively used the internet to manage their business operations have been able to discover new ways to handle their inventories and save costs.
The development of online marketing in the world has established a new place of communication and interaction among individuals. At present, Internet has become an important tool for modern companies. The aim of this research is to observe the impact of online marketing strategy on consumers’ purchasing decision. Specifically, this research is observing the impact of online marketing strategy on consumers’ purchasing decision when it comes to retailers (Hsin Chang & Wen Chen, 2008) 1.2. Background Many of the organisations have agreed with the fact that transformation of customer behaviour is the unavoidable trend due to which they have started changing their marketing strategy.
Electronic commerce, or Ecommerce as it is widely known, literally refers to business trading using the Internet. It has been inexistence since mid-90s however in the recent few years Ecommerce has gathered much attention from both entrepreneurs and customers owing to the success stories of the business model. E commerce has proved its importance and has changed the business environment owing to the following factors that play crucial part in buying and selling: a) Where time is of essence/convenience/ 24* 7: In today’s world time is of paramount importance, it plays a crucial role for both the business and consumers. With ecommerce coming in consumers will save a lot of time during their transactions. With ecommerce a transaction or order