Preview

Ecommerce Perspective

Powerful Essays
Open Document
Open Document
1504 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ecommerce Perspective
Future or Perspective of e-commerce
In the future, e-commerce will further confirm itself a major tool of sale. Each year number of e-commerce deals grows tremendously. Sales volumes of on-line stores are more than comparable with those of “brick and mortar” ones. Mainly in developed countries, and the tendency will continue because a lot of people are imprisoned by work and household duties, while internet saves a lot of time and gives opportunity to choose goods at the best prices.
Present day, internet sales boom is the foundation for magnificent e-commerce future. To attract more customers e-store owners will have not only to increase the number of available services, but to pay more attention to such elements like attractive design, user-friendliness, their businesses to become parts of e-commerce future.
E-commerce in India

India is showing tremendous growth in the Ecommerce. The low cost of the PC and the growing use of the Internet is one of reasons for that. There is a growing awareness among the business community in India about the opportunities offered by e-Commerce. The future does look very bright for ecommerce in India with even the stock exchanges coming online providing a online stock portfolio and status with a fifteen minute delay in prices. In the next 3 to 5 years, India will have 30 to 70 million Internet users which will equal, if not surpass, many of the developed countries. through, e-commerce customers can purchase anything right from a car or sitting comfortably in the room and gift send to someone sitting miles apart just by click of a mouse.
Rival tradeindia.com has 700,000 registered buyers and it has the growth rate of 35% every year which is likely to double in the year 2010. Indiamart.com claims revenues of Rs. 38 crores and has a growing rate of 50 every year. It receives around 500,000 enquiries per month. Undoubtedly, with the middle class of 288 million people, online shopping shows unlimited potential in India. The

You May Also Find These Documents Helpful

  • Good Essays

    Gilb Essay

    • 541 Words
    • 3 Pages

    The advancement of the technology and the rapid raise of the social media have revolutionized the life-style. The boom of E-commerce has taken the whole World by the storm, and as a result people all over the globe are entertaining the idea of the online shopping. With the internet reaching at the every door step, the trend of the online shopping will only increase. As the conventional shopping is the timing consuming task and requires whole lot of effort, people are more open to buying on the web. With the blessing of the internet, consumer can avoid all sort of the trouble and buy just on the click of the button.…

    • 541 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Subaru Marketing Analysis

    • 1056 Words
    • 5 Pages

    With the rapid development of technology, internet purchasing become a modern consumer trends for customers, traditional purchasing sometimes has failed to meet the current situation which accelerating pace in the society nowadays. Although purchase goods from internet is the main trend to customers, but be a shop-front retailer, it also can change some operations to counter-act the increasing of purchasing via the internet by consumers.…

    • 1056 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    There are many different business trends shaping e-commerce today. For one, ecommerce remains the fastest growing form of commerce when compared to physical retain store, services, and entertainment. Another trend is that the online demographics of shoppers broaden to match those of ordinary shoppers. Also, small businesses and entrepreneurs continue to flood through the e-commerce marketplace, often riding on the infrastructures created by industry giants and increasingly taking advantage of cloud-based computing resources. Lastly, pure e-commerce business models are refined further to achieve higher levels of profitability, whereas traditional retail brands use e-commerce to retain their dominant retail positions.…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumers through the Internet. The biggest lures of e-commerce of consumers are the convenience of having round-the-clock access to the virtual store and the ability to engage in comparative shopping at minimal cost and effort. Through e0commerce, sellers can sharply reduce their cost of executing sales and procuring inputs, reformulate supply chains and logistics and redefine customer relationship management.…

    • 310 Words
    • 2 Pages
    Good Essays
  • Better Essays

    With our lives becoming busier and busier day by day, and the need to have everything ASAP, E-Commerce and online shopping came into existence, where we can order anything from anywhere at anytime in the world, pay, browse and get it delivered to our door without stepping a single foot outside our homes.…

    • 1793 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Swot J E Gello

    • 907 Words
    • 3 Pages

    Nowadays, internet is so strong. So distribution of internet is more and moreimportant, growing e-retail can increate sale quantity. It can attract more customers purchase your products, because for customers this more convenience.…

    • 907 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    E-commerce is growing faster than most predictions and it is anticipated it will continue to grow. To most consumers web access is a natural piece of all business and is expected. Some applications, like bill paying over the internet have been successful beyond anyone's imagination and it just continues to grow.…

    • 761 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Is535 Final Course Project

    • 3651 Words
    • 15 Pages

    The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, it stretches beyond just the buying and selling of goods; it also includes an online process of developing, marketing, selling, delivering, servicing and paying for products and services. “The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction 's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well”. (Electronic Commerce, modified November 2011, Wikipedia). Today it is said to be over 29.7 billion pages on the World Wide Web. Ecommerce today has gained so much popularity because its core technologies are constantly evolving and keeping up with a technology based world. Each year the number of ecommerce deals grows tremendously. The sales volumes of on-line stores run in a more than comparable race with physical retail stores.…

    • 3651 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    The internet has become a necessary element of human being’s daily life. It is also a significant channel to do business in modern society. Due to advantages of internet business, the transactions have become easier than before. According to the analysis of “Pure-Play” internet business model and “Bricks-and-Clicks” business model, both of these two models have their characteristics. And the “Bricks-and-Clicks” model is more successful. However, there are several problems in the operation. With a number of ways, the problems could be dealt with perfectly. In a nutshell, internet business has become an important tool for the business transactions. And more and more enterprises and customers will be involved in e-commerce.…

    • 2563 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    In the last few decades, an increasing number of consumers are willing to choose online shopping rather than traditional purchase methods, such as supermarket and mall. The website named TAOBAO is a newly developing online shopping website, based on business-to-customer(B2C). This system can be defined as one model of electronic business (E-business) and that includes “Selling individual products to individual buyers, usually on cash payment basis; retailing” (Businessdictionary, n.p.). Furthermore, as one of the most popular business forms, e-business usually refers to “…day-to-day business functions over the internet and/or other electronic networks such as electronic data interchange (EDI)” (Businessdictionary, n.p.). In other words, e-business is an application that all business activities are supported by information or communication technology. This essay attempts to show that price advantage, safety of e-business and a new evaluate system were brought impacts to E-business by TAOBAO.…

    • 1655 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The Internet has been developing for three decades eventually during the mid-nineties, the commercial use of the internet triggered high expectations in both executives and investors. (Brache and Webb, 2000; White, 2000; Senn, 2000) Online shopping is broadly defined as an activity that includes finding online retailers and products, searching for product information, selecting payment options and communicating with other consumers and retailer as well as purchasing products or services. Therefore, online shopping is one of the most important online activities. It has also made significant contributions to the economy. (Cai,Y. and Cube, B.J. 2008) according to Verdict (2007), In 2006 online spending grew by 33.4% to £10.9bn and it predicts that in the UK online spending will reach £28.0bn in 2011.Even in the time of recession, for instance, in the UK, online shopping volumes are continuing with double-digit growth (IMRG,2008), whereas the performance of traditional shopping is unsatisfactory. It has a wide…

    • 442 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Evolution of e-commerce in India Creating the bricks behind the clicks 2 PwC Foreword Acknowledgement Recent years have seen a remarkable transformation in the way India shops and trades. E-commerce has taken the world of retail by storm and captivated the imagination of an entire generation of entrepreneurs, with e-commerce ventures with various business and commercial models. The explosive growth in the last few years has already catapulted the biggest firms among these ventures past the billion-dollar territory. The sector has grown three times in four years to nearly 12.6 billion USD in 2013.…

    • 4657 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    2012 was an exciting year for Indian e-commerce, which capped off an incredible 5 years of exponential growth, from approximately $1.75 Bn in 2007, to over $14Bn by 2012. A lot is being written about 2013 as a year of possible consolidation for the industry. But regardless of how things develop in this sphere, 2013 will see more interesting trends and more interesting innovations in the Indian e-commerce, as the market matures.…

    • 1599 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Be it a Financial Sector, Health Sector, Education Sector or Business Sector, the various changes came out. Even e-Marketing has had a large impact on several previously retail-oriented industries including music, film, pharmaceuticals, banking, flea markets, as well as the advertising industry itself. In all of the Business Sector has been largely benefited by this technological transformation. In India, e-Marketing is the most visible outlook of this Result.…

    • 1466 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    NASSCON and BCG, 2001. E-Commerce Opportunities for India Inc. (study report prepared by NASSCOM and The Boston Consulting Group) .…

    • 5587 Words
    • 23 Pages
    Powerful Essays