We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Internet Business and E-Commerce - Essay Example

Comments (0) Cite this document
Summary
Times are changing and the competition is on the rise between businesses. For a business to succeed and reach its highest potential, it must explore new horizons and expand into new markets with the new methods that keep on coming up. Since 2000 onwards, one such method that gained a lot of popularity since then is that of e-commerce…
Download paper
GRAB THE BEST PAPER
Internet Business and E-Commerce
Read TextPreview

Extract of sample
Internet Business and E-Commerce

E-commerce can be between business to business (B2B) or even business to consumers (B2C). Therefore, e-commerce is actually conducting the whole of business online or if there still exists an operational offline real world shop of the business, then e-commerce can be used just for expansion purposes. 1
In this text, it is being assumed that a seller of leather goods is planning to go online through e-commerce. This seller has a very good repute in the market for selling the most premium leather goods. The company, Exquisite Leathers, has 5 branches all over the city and caters to the elite class. For now, it plans to open an online section so that it can expand its business even better.
There can be a number of reasons for which a company can go online. The first and foremost reason, which has been mentioned earlier as well, is that the company might want to expand. Expansion can be in terms of serving new customers. When a company goes online, they are now virtually accessible to anyone all over the world. Therefore, if Exquisite Leathers plans to make international customers, this is the best way to do it. When the company will be placed online, it will be accessible to leather good buyers globally. The company will definitely have to use various strategies to make sure that they come to be noticed by all the customers. But e-commerce is the best starting point for expanding any given company's customer base. For that the company will first have to do the demand analysis of leather goods all over the world. This will tell them of their potential market. After this, the company will have to analyse that whether it can even cater to the whole target market that the demand analysis is giving. Therefore, the company will now have to decide on a target market, the market that the company wishes to serve. The target market will depend on the resources of the company to fulfill the needs of a given market. 2
The second reason for going online would be to increase sales. This is a requisite of increasing the customer base, but if we keep the customer base variable constant and just serve the same city that the company already has branches in, and then this reason will be even more valid. For example, if the company does not want to cater to international customers and just wants to make sure that it is fully available to all the customers within the same city, then e-commerce would be a great idea too. This is because there are many customers who are very busy and they do not get the time to go to physical shops and buy leather goods. Providing them with an online store of the shop will make the store easily accessible and available only on a click. This will ensure that the target market that the company wished to serve in the city, that is the elite market, is fully reaching them.
Methods Adopted to go Online:
A company can use two methods to go online. The first one is that of designing and launching the website themselves. As far as the second method is concerned, it is to go online by outsource the making of the website.
The first method includes designing and launching the website themselves. This can be done by assigning the Information Technology department of the company to take care of all the details related to the website. But this does not mean that the Information T ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Internet Business and E-Commerce Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/287853-internet-business-and-e-commerce
(Internet Business and E-Commerce Essay Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.net/miscellaneous/287853-internet-business-and-e-commerce.
“Internet Business and E-Commerce Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.net/miscellaneous/287853-internet-business-and-e-commerce.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Impact E-Commerce in business world
Owing to its innumerable advantages, a lot of companies prefer to use E-commerce. It has relieved the business owners of the need to travel to make deals, or meet their customers. There are a lot of people who prefer to use the Internet for shopping for many potential reasons.
4 Pages(1000 words)Essay
Information Systems-e-commerce and the Internet
In its early days, the Internet was used solely for purposes of communication. But in recent years the role and scope of the Internet has assumed new dimensions with the introduction of commercial transactions. What has come to be called e-commerce has its origins in the dotcom boom of the late 1990s.
2 Pages(500 words)Essay
E-Business and E-Commerce Project
The process of establishing an e-business is risky and requires many changes in business process and strategy to be successful. The intent of an e-business is to generate income, strengthen service and limit price by expanding using the internet. The prospects of online trading have substantial revenue and its realized when the services perform for the business.
8 Pages(2000 words)Essay
Role of e-commerce in todays business
In simplest sense, an Internet business model is the technique of doing business by which a corporation can maintain itself and in turn produce substantial revenue. The business model defines how a business makes money by identifying where it is placed in the value chain.
15 Pages(3750 words)Essay
Using the internet for E-commerce
Electronic communication, in the form of digital mainframe computers and microcomputers (personal computers) connected to the Internet, has radically transformed commercial activity for customers and businesses alike. e-Commerce may be described as the
4 Pages(1000 words)Essay
Internet business and e commerce
While there are literally thousands of websites out in cyberspace promoting, selling and advertising their products, some are better than others. Perusing the Hall of Malls webpage, I was struck by the
12 Pages(3000 words)Essay
E-business/E-commerce LAW
The main EU initiatives regulating ecommerce are the Distance Selling Directive (Directive 97/7/EC), Electronic Commerce Directive (Directive 00/31/EC) and the E-Money Directive (Directive 2000/46/EC) The Distance Selling Directive has been
5 Pages(1250 words)Essay
Role of E-Commerce in Todays Business
Only few technologies have received as rapid recognition as the internet. Since, the tools and techniques offered by the internet are changing and improving the methods through which business operations are performed. In addition, these techniques and tools are also modernizing the traditional business arrangement
15 Pages(3750 words)Essay
E-business and E-commerce
Business 1999). E-business plays a vital role in society today. A few of its advantages include; enhancement of amenities as well as access to clients beyond local markets, organization of
5 Pages(1250 words)Essay
E-Business and e-commerce marketplace analysis
e of distance learning for the purposes of employee training and save on travel and accommodation fees and the time that the employees would have lost while travelling and during training. My organisation can still make use of the cheap telecommunication available over the
1 Pages(250 words)Essay
Let us find you another Essay on topic Internet Business and E-Commerce for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us