The Impact Of E-Commerce

Electronic commerce has been there for a long time now, and it is a practice that is practiced by peoples from Germany, France, and the US on a daily basis. Since its inception around 40 years ago, e-commerce has continued to grow as innovations, technologies and a lot of business reverting to the use of the e-commerce. The aspect of buying and selling of goods in the early 1960s was sluggish with the traditional way of mailing of documents being replaced with the Electronic Data Interchange (EDI), which would later pave a way to the electronic commerce. After the e-commerce, however, the practice was not more reliable as it still had many challenges (Tsolis, 2009). For instance, it was not easy for buyers to see products from the comfort of their homes and more so, the methods of accessing the information were limited.

E-commerce is transactions conducted via electronic means such as the internet, email and SMS. It is considered to be one of the most important aspects of the internet to appear. As a result, people are able to exchange goods and services immediately regardless of their geographic location and time. More and more businesses conduct transactions on line, with some trading purely on-line thus reducing overheads and administrative costs.

The Findings and Analysis of customer information on an e-commerce platform. The Improved Marketing techniques of e-commerce. Security issues associated with conducting business over the internet and the methods used to combat these security vulnerabilities’ on e-commerce and the use of social media

Electronic Commerce or e-commerce refers to a wide range of online business activities for products and services(Rosen, 2000). E-commerce (or electronic commerce) is defined as the buying and selling of goods and services conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems and automated data collection systems. (Anon, n.d.). It also refers to any type of business transaction where the parties interact electronically rather than

The internet is fast becoming the way in which consumers do business, where consumers once went to a retail store to select their product or any service they needed, now they only need to log onto the internet and make a purchase. The internet has cut the time between production and sale by allowing distribution direct from warehouse to consumer.

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.

Because of e-commerce, the world stands at the threshold of a new revolution. Currently, regulatory structures in many countries limit market access by infrastructure providers. But with the transformations coming around

As per The Economist, e-business is and will be an all-inclusive splendid spot for retailers in impending years. Electronic business, additionally called e-trade, is expanding around the globe. E-business comprises of electronic business transactions identified with the buy and conveyance of products and administrations. E-trade incorporates retail exchange in the middle of business and shoppers (B2c) and business-to- business (B2b) exchange. Organizations utilize the Web, extranets, or electronic information trade (EDI) in completing e-business.

E-commerce has been used as a general term in context of Internet. Some researchers define it as both financial and informational electronically mediated transactions between an organization and any third party it deals with (Chaffey, 2002). Many other definitions have been focused on buying and selling using the Internet. Torkzadeh and Dhillon (2002) describe it as the sale and purchase of products and services over the Internet. They further explain that the factors associated with e-commerce relate to the net value of both the benefits and costs of a product, and the processes of finding, ordering, and receiving it.

This is a research project aimed at four different topics within e-commerce and the dynamic landscape of logistics within this emerging field. I will first be focusing on current landscape of e-commerce. Secondly the focus will be shifted to a global perspective and the difference of markets based on region. Thirdly I will cover the future trends of e-commerce, and the differences that we may see. Finally, I will present data on select countries and how they are affected by e-commerce currently and the changes that we can expect to see in the future. While researching this broad and developing topic, I have found that there are a handful of takeaways that can be seen in the entirety of this paper:

E-commerce became very popular in this busy world. Our motto is to sell groceries and vegetables online. People are becoming very busy and there is necessary to have one shopping site with such facilities. It makes things easy for both sellers and customers. The main concept involved in this application is that customers can shop virtually using internet and allows them to buy them. Products like eggs, vegetables and other groceries are present in store. It makes more convenient to civilians and transparency is maintained throughout the system. If users are not existing members they can register into the website using their personal information. These credentials make them members and allows them to see various products available and their

The buying and selling products via Internet is called “E-Commerce”. Additionally E-commerce means “Electronic Commerce” and which term is also used for “selling on the internet” or “online shopping”. There many categories which e-commerce includes into a single platform. For example online funds transfer, internet marketing, electronic data interchanging, supply chain management, online transaction processing, and data collecting.

Traditionally the retail industry has been understood as a connecting factor between manufacturers or wholesalers and consumers through conveniently located and easy accessible market places (AGPC 2011). However, the rapid advancements in technology, and specifically the evolution of the internet and e-commerce and online retailing has eliminated the physical requirement for a ‘meeting place’, providing consumers with the same end result, but now with increased efficiency and from the convenience of their own home. E-commerce is simply understood as a process of electronic transactions enabled by the exchange of, and payment for, goods and services between businesses,

As we know that online shopping is the easy way shopping but also there are certain advantages as well as disadvantages. To overcome the technological challenges as well as global challenges most of the business organizations are running towards ecommerce or e-business.

In general, electronic commerce is the process of buying and selling goods or services using electronic systems between organisations and in business-to-consumers (Saxena, 2013). With the passage of time, it has become an important trait in the era of the internet. As a result of a research which had been conducted by the University of California, Los Angeles, and Centre for communication Policy (2001), it has been found that internet shopping is the 3rd most favoured task on the internet,