The Future Of The E-Commerce Industry

I am choosing to do my Business Analysis paper on e-commerce. I will explain the importance of it as well as the effects on the global economy. I will discuss the advantages of telecommunications and information technologies in a business versus those businesses without e-commerce. I will also discuss the marketing strategies involved with e-commerce and how it helps businesses. Due to the global nature of internet business, electronic commerce (e-commerce) standards have become a priority on the national and international level. While most traditional businesses are subject to local, state, and national

A steady increase in the popularity of online sales has caused a major push towards e-commerce in the retail industry.

One of the largest segments of e-commerce is the online retail sector; we believe that advanced technology will lead to a

The Internet over the past few years has seen a huge increase in online businesses and consumers. Electronic-commerce is expected to generate $36 billion in revenue during 1999, up 140% from last year alone.[1] With such a huge amount of money to be made on the Internet it is becoming very appealing for small businesses and start-up companies to try and make their niche in e-commerce. The Internet is drastically affecting the way companies and people conduct business now. E-commerce encourages growth in existing as well as new businesses because of lower overhead costs, the huge consumer base and the freedom of information flow. However the online revolution has created a large

This study will prove that e-commerce has grown because it adds value to people’s lives. It will show that e-commerce will not disappear but evolve into something even greater than what it is right now.

Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.

In 1991, the internet became available for commercial use, which introduced the possibility for what we now know as electronic commerce, or e-commerce. By 2000, “a great number of business companies in the United States and Western Europe represented their services in the World Wide Web” and it was at this time that the e-commerce that we utilize in today’s business world took shape (e-commerce Land, n.d.). “People began to define the term ecommerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services” (e-commerce Land, n.d.). Through continued growth of the internet, brick and mortar stores came to realize that electronic representation would be an

revenues via e-commerce in the next two to three years (Richter, 48). The core of e-

E-commerce or Electronic Commerce has become a part of our everyday lives. The growth of World Wide Web is growing, more and more each day. Businesses practically live on the web. E-commerce growth has provided consumers with many different retail choices making the lives easier for the online community. Although, this makes things easier for consumers who shop online, most of these companies have chosen

E-commerce is an ever developing platform of the future. Starting in 1995 E-commerce has come along way and has potential to grow exponentially. E-commerce is an opportunity for people to shop or sell from the comfort of their homes. E-commerce has the ways and the means to propel business to the next level. E-commerce is an easy way to market your ideas or items to consumers. You don’t need a lot of capital to start your own E-commerce business, for this reason, the younger generation enjoys the relatively elementary procedures to start their business. Starting an e-commerce site for my boss isn’t easy, having said that, you still need the same concepts of a regular business if you want to be successful in E-commerce. Some questions that need to be asked are: who are your targeted audience, what demographics come into play, and how will revenue be generated for your business? All points considered, there are steps you have to take before blindly starting your business. Below is the website I created for my boss to expand his business.

In today’s world there is a widespread trend of global expansion, the borders between markets have become more and more diffused. The number of firms expanding abroad is increasing and internationalization has become a necessity, not only to further a firm’s growth, but also to better handle international competition in its home market.

Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).

What does that mean for your business? If you know more about digital marketing than your rivals, then you will have a big advantage over them. If your opponents are outpacing you online, then you will struggle to compete with them.

Small farms have an important part in the rapid expansion of the U.S. agricultural sector (USDA-NASS, 2015). Ninety-two percent of all farms in the United States are classified as small with small farms being defined as those with annual gross revenues of $250,000 or less (USDA-NASS, 2015). A way to increase the competitiveness of small farmers is to enhance their management practices and to expand their capacities through the use of tools such as electronic commerce (e-commerce) (Briggeman & Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015).

Online commerce was introduced to consumers in the mid-1990’s, and in the years since, it has grown exponentially. It started out virtually nonexistent and has become a multi-billion dollar industry. Nearly every retail sector has entered online commerce; clothing, electronics, home, health and grooming items, even food and groceries are starting to gain traction online. Online commerce sites rival traditional brick and mortar stores such as Walmart and Target, as well as other big-box stores. As online retailers such as Amazon continue to expand, many brick and mortar stores have been making their way online, indicative of an increasing movement towards online commerce. With more than 80% of the online population having made an online