...the benefits and limitations of online transactions of products * To examine the online shopping sites prevalent in Coimbatore such as the mall.coimbatore which is an online shopping store and personal buying assistant in Coimbatore * To observe the future of the industry and recommend improvement ideas Need for selecting the ecommerce Industry India, one of the fastest growing economies presents a world of opportunities to entrepreneurs, investors, and researchers with an interest in the global economy. India’s e-Commerce industry is on the growth curve and experiencing a spurt in growth. With this increased interest comes a surge in demand for facts, trends and indicators. Highly concentrated urban areas with very high literacy rates, a vast rural population with fast increasing literacy rate, a rapidly growing internet user base, technology advancement and adoption and such other factors make India a dream destination for ecommerce players. E-commerce combines web technology with business economics. As of the last 10 years, online visibility for such online enterprises now heavily rely on the relationship between the own online sales platform and Search Engines for improved traffic consisting of presumable customers with the intent of acquiring products or services related to the customers’ needs. In 2008 an Internet behavioural analysis showed that over 90% percent of internet users make use of search engines at least once a week, stating that online visibility through...
Words: 6470 - Pages: 26
...ServicesMy Cart (0) Manage Account All ProductsDomain NamesWebsiteseCommerceHosting & SSLProfessional EmailOnline Marketing Sell Online » Developing An Ecommerce Strategy » What is Ecommerce? Sell Online Education Center HomeOnline BasicsDesign Your WebsiteMarket Your BusinessSell OnlineOnline SecurityResources What is Ecommerce? Rate this Article Article Rating: 3 / 5 Votes: 654 Category: Sell Online , Developing An Ecommerce Strategy Tweet Electronic commerce or ecommerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. It covers a range of different types of businesses, from consumer based retail sites, through auction or music sites, to business exchanges trading goods and services between corporations. It is currently one of the most important aspects of the Internet to emerge. Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet. Business to Business or B2B refers to electronic commerce between businesses rather than between a business and a consumer. B2B businesses often deal with...
Words: 832 - Pages: 4
...Center of System Science, Faculty of Computer and Mathematical Science ,Universiti Teknologi MARA (UiTM) Malaysia . 3 ABSTRACT : E-commerce is a successful business-based innovation via internet. This form of business transaction strategy offers many opportunities for growth in business and marketing services in various aspects. Online shopping is an intermediary mode between marketers or sellers to the end user or the consumers. Nature of online transaction in Libya is constrained by instability resulting from insecurity, unprotected transaction as well as trust. Online shopping could become predominant source of shopping method, if the barriers associated with insecurity, trust and customer’s protection are tackled. Owing to the significance of e-commerce towards Libyan economic growth, this paper highlights the limitations associated with e-commerce transaction in Libya and proposes relevant steps towards overcoming these constrains. Relevance of integrating e-commerce in Libyan economic system is discussed with. Keywords: E-commerce, online shopping, security, protection, trust . I.INTRODUCTION E-commerce encompasses buying and selling of products and services through electronic systems such as internet and other computer related networks. Recently, rapid global growth in ecommerce has increasingly become necessary component of business strategy for efficient transaction. E-commerce technology in business...
Words: 2821 - Pages: 12
...basis, for many Americans ecommerce is something we participate in. For example online bill payment, or purchasing from an e-tailer are a few ecommerce transaction we make. By definition, ecommerce or electronic commerce, is the purchasing and selling of products or services via the internet. About 40 years ago ecommerce was introduced and, to this day, it continues to grow with new technologies, innovations, and thousands of businesses entering the online market each year. Since its inception in the 1970's, the safety, convenience, and user experience of ecommerce has improved exponentially. The thought of living without ecommerce nowadays seems unfathomable, complicated and an inconvenience to many. The development of the Electronic Data Interchange paved the way for ecommerce. Traditional mailing and faxing of documents was replaced by EDI, which enabled the digital transfer of data from one computer to another. Partners who were in business could transfer orders, invoice and other business transactions using a data format that met the predominant set of standards in North America. A Value-Added-Network (VAN) would examine the order once it is sent, and direct it to the recipient's order processing system. No human intervention was necessary for the transfer of data with EDI, it was all done electronically. An English inventor, innovator and entrepreneur called Michael Aldrich, is credited with developing the predecessor to online shopping. He had the idea during...
Words: 2074 - Pages: 9
...selling goods and services online – is one of the biggest uses of the World Wide Web. Starting an e Commerce business or website or expanding an existing business with an e Commerce website can be highly profitable, as the overhead costs of running a web site are very small compared to running a physical shop and have access to a global market. Small businesses that are considered appropriate become options. Tips and Strategies for attracting and keeping customer are also presented. While the paper focused on implement many technologies options available and strategies help companies to success in using e Commerce. There are all sorts of features and tools businesses owner can include in an e Commerce website design which will make the shopping experience quicker, easier, and more enjoyable for customers - and ultimately drive sales. This paper will analyze the difficulty of company and suggest solution can guide will give an overview of the different kinds of e Commerce web site and some of the features that can be included to help drive your sales. There’s also a guide to finding and choosing the right company to help set up own e Commerce web site and start trading online that most business owners should consider. POTENTIAL PROBLEMS & SOLUTIONS Problem When starting an online business selling products or services there are some costs which you can expect before you make your first sale. Your online store is a sales channel and acts like a sales person for your business...
Words: 7981 - Pages: 32
...STUDY OF UTILIZING THE INTERNET TO INCREASE BUSINESS Prepared for: M-Global, Inc. Prepared by: Christopher S Garmon, Director of IT M_Global, Inc. CONTENTS PAGE LIST OF ILLUSTRATIONS…………………………………………………………………………… 1 EXECUTIVE SUMMARY……………………………………………………………………………… 2 INTRODUCTION……………………………………………………………………………………….. 3 Project Purpose….…………………………………………………………………............... 3 Project Description……………………………………………………………………………. 3 Scope of Study………………………………………………………………………………... 3 DISCUSSION…………………………………………………………………………………………… 4 Online Sales Growth………………………………………………………………………….. 4 Ease of Shopping from Home……………………………………………………… 4 Increase in Cyber Security…………………………………………………………. 4 Companies With Online Sales are More Profitable……………………………………….. 5 Using Social Media to Help Build Sales………………………………………….. 5 Projected Growth for Online Revenue……………………………………………. 6 Different Ways to Create Ecommerce Sites……………………………………………….. 7 Three Main Steps for Preparing Ecommerce Website………………………….. 7 Cross-Promoting to Increase Sales Growth……………………………………… 7 CONCLUSIONS AND RECOMMENDATIONS…………………………………………………….. 8 Conclusions…………………………………………………………………………………… 8 Recommendations…………………………………………………………………………… 8 REFERRENCE PAGE………………………………………………………………………………… 9 ILLUSTRATIONS FIGURES PAGE 1. Achieving Quota – 2010-2012…………………………………………………………. 5 2. Exceeding Quota – 2010-1012………………………………………………………… 6 3. Missing Quota...
Words: 2185 - Pages: 9
...Index Contents Introduction 2 Types of shops 2 History 2 Example of Ecommerce 2 Processes 3 Advantages 3 Disadvantages 3 Effects 4 Legal and ethical implications 4 Social implications 5 Economic considerations 5 Solutions 5 Conclusion 5 Bibliography 6 Internet as a threat to the high street Introduction Ever since its creation, the internet has developed drastically. One of its focal areas is internet shopping, which is vastly becoming more popular during the last few years, which led to the factor of increasing consumerism to a point almost beyond recognition. For those who have access to the internet, they are granted the privilege of a vast choice of not only physical but also digital products which have always been subject to availability in the high street. Types of shops Nowadays retail establishments can be fragmented into three classifications. Those constructed solely in physical retail shops, those assembled around the concept of both physical shops and online shopping, and also Ecommerce which is exclusively online shopping. History Before anyone was able to obtaining goods online there were only limited ways where people were able to purchase products. One of the methods was to go to the high street and inside the stores. Alternatively products were acquired by teleshopping, where you would call a number, usually advertised on TV, and give your credit card details. Nonetheless giving credit card details over the phone is very unsecure...
Words: 2147 - Pages: 9
... Evolution of E-Commerce E-commerce has evolved from online billboards to a fully functional, personalized shopping experience over the past decade. While there were admittedly a few bumps along the road, the path from 1994 through the 2004 holiday shopping season is full of crucial milestones of Internet pioneers and technology innovators. A stroll down memory lane reminds us of terms like "stickiness," "eyeballs" and "personalization" that once captured the essence of articles about what it takes to be successful on the Web. However, even as we look back at 10 years of growth, many analysts have one eye on the future and they are saying, "We've got a long way to go." A quick glimpse at the data promises much more evolution in the years to come. Forrester Research, for example, predicted American firms alone would sell US$316 billion in goods and services via the Web by 2010. That figure would more than double 2004's online spending to account for some 12 percent of all retail sales, up from about 7 percent today. History of E-Commerce One of the most popular activities on the Web is shopping. It has much allure in it — you can shop at your leisure, anytime, and in your pajamas. Literally anyone can have their pages built to display their specific goods and services. History of ecommerce dates back to the invention of the very old notion of "sell and buy", electricity, cables, computers,...
Words: 2231 - Pages: 9
.................................................................................................... 7 Demographics of Online buyers: ........................................................................................... 9 Challenges for e-commerce implementation ........................................................................ 11 Group buying players of Middle East .................................................................................. 13 Online Payment gateways in Middle East............................................................................ 15 Confidential Page | 2 Introduction Electronic commerce, or E-Commerce, involves the sale of goods and services via electronic means—principally over the internet, although sales via television (terrestrial, cable, and satellite) are also included. E-Commerce can be further divided into the following sectors: business-to-business (B2B), business-to-government (B2G), consumer-to-consumer (C2C), government-to-business (G2B), government-to-citizen (G2C), and business-to-consumer (B2C). Retailers that rely primarily on E-Commerce to sell goods or services are often referred to as e-tailers. E-Commerce Market Trends E-Commerce industry has been growing in the past two decades and will continue to grow in the future. It is considered as one of the major Distributional Channel for doing business. Business-to-Consumer (B2C) and Business-to-Business (B2B) companies across different industries and sectors...
Words: 3500 - Pages: 14
...brick and mortar women’s boutique. The internet allows a company to reach a demographic through the Web that is all over the world, which results in an accelerated global marketing strategy and a possible competitive advantage in women’s fashion. There is a lot of competition on the internet and captivating the attention of customers will not be an easy task. The E-Commerce business strategy for Simply Unbelievable will be implementation of a cloud-based digital commerce platform that will create an exceptional shopping experience for consumers. Company Background Simply unbelievable is a home-based business that sells boutique fashions specializing in women’s clothing, jewelry, and handbags and has been in business for 10 years. Location is critical to the success of any business and Simply Unbelievable does not maintain a traditional brick-and-mortar store. The success of Simply Unbelievable has been by the home party plan business concept of direct selling to their customers. The home party plan has provided the perfect location for customers to view current fashion trends in the comfort of their own home or surroundings. Women who are comfortable spend more money and this has generated Simply Unbelievable revenues for the past 10 years. Simply Unbelievable has had no significant internet presence other than email blasts to their customers for special events. Customers started sharing their shopping experience on Facebook. Facebook is a huge...
Words: 3856 - Pages: 16
...The History of E-commerce - HowStuffWorks money.howstuffworks.com/history-e-commerce.htm * * he History of E-commerce by Dave Roos The purchasing process of the man has changed , he used to visit the store and slelct the product that he wanted to buy. He was helped by the salws assistant or a news paper advertisement , but the thing has chmged a lot. Mosern cuistomer has tha ability to purches his ware without stepping out of hisss house. E –commerce meands thwe process of selling and buy of goods and services over internet, According to certain statictics mopre than 66% of the adul populatuin have –purchsed at least ond product by employing this technology. The data of the 2008 has shown that there was 17% of online sales whichwas responsible fro $204 billion and the popular products were clothing , cars and personal compiters. This isnjust the start of the phenomena and e commerce is growing. It is the perfect time to get an idea of the history of this concept How E-commerce Started It has a short history but it is a very interesting one. In order to facilitate the e commerce tthre s hould be good interrelated connection between the customer and the merchant. The development of the computer and the networks have offered a great help top the business The first transactions were helped by computers in 1960/ They have used asystem calles electronic Data Exchange to conduct the business. The computers of a particular comoanynwasa ble to share business...
Words: 3932 - Pages: 16
...simplest form ecommerce is the buying and selling of products and services by businesses and consumers over the Internet. People use the term "ecommerce" to describe encrypted payments on the Internet. Sometimes these transactions include the real-time transfer of funds from buyer to seller and sometimes this is handled manually through an eft-pos terminal once a secure order is received by the merchant. Internet sales are increasing rapidly as consumers take advantage of lower prices offer by wholesalers retailing their products. This trend is set to strengthen as web sites address consumer security and privacy concerns. There is several ways of looking at e-commerce • Communication perspective • From a business perspective • Interface perspective • From online perspective • Structural perspective • Market perspective Beginning & Future of eCommerce eCommerce basically began (although debated) in 1994 when Jeff Bezos started Amazon.com out of his own garage. Well known eCommerce stores include sites like eBay, Dell, Walmart and many more. Since 1994, businesses of all shapes and sizes have began launching or expanding their Online presence. At any given time, there are approximately 8 million consumers worldwide that actively shop and buy through Web based stores or retailers (nearly one tenth of our world population). Online studies have claimed that online retail revenues will surpass the quarter-trillion-dollar mark by 2011. eCommerce Site Features ...
Words: 1451 - Pages: 6
...Emerging Trends in Electronic Commerce and Internet Marking Emerging Trends in Electronic Commerce and Internet Marking Over the past couple of years, electronic commerce and internet marking has taken huge strides in the average life of an everyday person. In recent years, the number of consumers purchasing items online as taken a heavy rise, it is without a doubt, one of the fastest growing industries. Online shopping has been a booming trend, particularly in the United States, “Americans spent more than $200 billion on online shopping in 2011 and are expected to shell out $327 billion on Internet stores by 2016”. (Indivik, 2013) Internet marketing has a direct effect the billions of dollars that online websites makes. The more advertisements you have on the World Wide Web, the more people are going to stop and visit for sight and probably make a purchase. Since Electronic commerce is a huge thing in recent years, companies have been working to make your online shopping experience better and there are a couple of emerging trends geared towards the improvements of e- commerce and internet marking. Note Adapted from Forrester: U.S. Online Retail Sales to Hit $370 Billion by 2017,” by Lauren Indvik, 2013. One of the trends that probably anybody can predict in the future is using mobile and android apps for transactions. With mobile technology getting more advance year by year and the climbing number of people who can’t stay off their phones, I would have say, and this is...
Words: 1857 - Pages: 8
...International Journal of u- and e- Service, Science and Technology Vol.6, No.6 (2013), pp.187-194 http://dx.doi.org/10.14257/ijunesst.2013.6.6.17 E-Commerce or Internet Marketing: A Business Review from Indian Context D. K. Gangeshwer Department of Mathematics, Bhilai Institute of Technology (BIT), Durg, (C.G), INDIA dgangeshwar@yahoo.co.in Abstract This paper deals the conceptual knowledge of search engine marketing (SEM) or ecommerce, literature review, current and future aspects of e-commerce in Indian context. This paper discussed about the top motivator factors of shopping online. The present development would be a valuable addition to researcher and academicians; and useful theory for practitioners, advertisers, and entrepreneurs. Keywords: SEM, Online Marketing or E-commerce, Pay-per-click (PPC) 1. Introduction Khan and Mahapatra (2009) remarked that technology plays a vital role in improving the quality of services provided by the business units. One of the technologies which really brought information revolution in the society is Internet Technology and is rightly regarded as the third wave of revolution after agricultural and industrial revolution. The cutting edge for business today is e-Commerce. The effects of e-commerce are already appearing in all areas of business, from customer service to new product design. It facilitates new types of information based business processes for reaching and interacting with customers like online advertising...
Words: 4127 - Pages: 17
...Name: Saeed Salam Student ID: 3780064 Hand in date : 13 Jan 2012 Effect of Ecommerce on companies and the Industries they operate in Individual Course Work- 1 Table of Content: Educational Industry Background………………………………………………… 3 Company Background………………………………………………………………5 Context Diagram……………………………………………………………………..7 Discussion of Ecommerce…………………………………………………………..9 Legislation……………………………………………………………………………12 Reference and Evidence…………………………………………………………….15 Educational Industry Background in UK At recent times, the world economics in increasing rapidly which results in more demand for talents. Many countries around the world face extreme issue over education. Governments of different country have discovered that education institute is very important in modern world. The UK government has introduced a system of national education in 1957 to create world class education. Education in UK is divided into three categories, which are; primary education, secondary education and higher education. Primary education is the first stage of education which is usually known as pre-school or nursery. Primary education is the first stage of compulsory studies. One needs to complete primary education in order to get admitted in secondary education. Secondary education is the final stage of compulsory studies. GCSE’s are a set of exam which is conducted end of secondary education. After secondary education comes the higher study which refers to college and universities and...
Words: 3388 - Pages: 14
