Without a doubt electronic commerce (e-commerce) has grown rapidly and extensively in current business world. E-commerce can be defined as commercial transactions which involve the transfer of information that conducted electronically on the Internet (Kotler & Keller, 2012). According to Lee & Lin (2005), there are more and more companies are try to gain
Today, e-commerce is making the travel industry in to a new competitors, which is reaching millions of travels using the new online travel distribution channels (Heartland,2001) E-commerce knows as Electronic Commerce, is the buying and selling products and services over the internet. The e-commerce also can be definition by: “Electronic commerce is an emerging concept that describes the process of buying and selling or exchanging of products or services and information via computer network including the internet.” (Efraim,2001) 2.1.1 Background of E-commerce E-commerce was first produced in the 1960s, developed in the 1990s, with the computer is developing 30 years, it faster processing speed, growing in processing capacity, prices getting
E-commerce means an electronic business or any business exchange whether selling or buying goods and services on the internet. It allows consumers or customers to exchange or buy electronically from any place in the world without visiting the actual store; it is much easier than going out for shopping which cost the consumer time, effort and transportation. E-commerce has both impacts positive and negative as well, some risks on the business organizations, and that’s depends on the company strategy. The company should have a very precise and accurate plan before taking risks by entering business scale. There are also some regulations governing the e-commerce and its social implications on society.
The World Wide Web has opened up new windows for businesses and has gradually grown into one of the most potent and result oriented marketing platforms. Online marketing is far from a fringe activity; these days, the world 's largest companies are putting a great deal of effort into marketing on the web. Internet marketing is nothing but promoting your products/services to the online crowd.One of the reasons that marketing online has proven to be so effective is that the internet is a highly interactive medium. There is no way to deny how profitable internet marketing can be, much more so than traditional ways of promoting your products. People have made vast amounts of money marketing online; they 've done this by learning and mastering several key techniques of selling on the net.
Simply because the Internet is going to make inroads into remote comers of the world and bring new customer segments online does not mean that every new Internet user is equally likely to make online purchases 5.1.5 Advertising cannot pay for everything- Most of the portals and search engine sites developed in the last few years have been built on the assumption that as they get a large number of visitors, advertisement revenue from the site would turn the venture profitable. That has not, in general, been the case. Advertisement on the Internet has been and will continue to be significant but not enough to sustain more than a few portal and news media sites. 5.1.6 Margins will be razor thin and logistics will win the
According to them e-business was a disruptive technology which transformed business processes through the use of internet. They also cited internet as very safe and flexible according to the needs and requirements of organization with the help of which the company can manage their core business processes easily. They also explained how an efficient a business practice can be made by proper collaboration between stakeholders, suppliers, buyers and associated partners. 2. Background and objective of study Before we go ahead with the relationship analysis of supply chain management and e-business; let us define both the terms separately.
With more consumers choosing to make their purchases online, their approach to shopping has drastically changed. This makes it necessary for retailers to incorporate social media and adapt to the changes that have affected advertising and marketing in general. IMPORTANCE OF GETTING SOCIAL Social media sites let you know what is popular. They also provide a platform for people to talk about pertinent issues and what they prefer. Social media was initially personal but has extended to the business realm.
Introduction The Information revolution is changing our daily lives. Along with the explosion of the Internet and social networks, online commerce is growing stronger than ever and plays an important role in the modern world (KIYICT, 2012). More than 85% of world’s online population has ordered goods over the internet during the recent year (Cheema, Rizwan, Falal, Durrani & Sohail, 2013). It can be witnessed that, online shopping brings about not only advantages but also disadvantages. According to Cimigo NetCitizens market research (2012), more than 50% of internet users agree that they can choose a variety of products through online shopping, but the level of trust in the security of online shopping is safe.
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.
Advantages and Disadvantages of Online shopping Once the internet was up and running for everyone, people started experimenting with it. Nowadays we see the results of other people’s experiments. We have communication tools, educational tools, entertainment tool, and much more. Furthermore, one extremely convenient service rose to the top of how people use the internet. That service we are talking about is shopping online.