Although new e-commerce start-ups involve a lot of risk, extending a traditional business with e-commerce capabilities can still prove to be very profitable. Besides generating additional revenues, it can enhance brand name awareness and recognition for your business. Hence if a business is planning to move towards ecommerce, the article mentions some of the strategies that they should plan to follow.
At the first step, a company needs to synchronize their strategies and make the ecommerce website fix in the overall strategic plan. They should make sure that the physical and electronic businesses complement each other rather than competing with each other. Secondly, a business needs to analyze its competitors and look at the kind of user interface and experience they are providing to their customers. The business also needs to focus on the customers and look into the experience they need to provide to the customers. Depending on whether it is a b2b or a b2c business, the business needs to provide an appropriate interface on the website so that it is easy for visitors to use the website. Personalization is an important concept in today’s ecommerce websites. The basic idea of personalization is to cater to the needs of every visitor individually and to make them feel. Besides this, the website should take appropriate measures to ensure safety and security on the website.
Often companies who have outsourced the website development and maintenance to other companies have little or no knowledge about the underlying technologies. The article mentions that is important that companies have a knowhow of the software and hardware platforms, and t. It is not enough to create a website. The company also needs to promote it by publishing the website address on all its advertisement and notices. They also need to the search engine ranking of the website. Lastly, before ...
Cite this document
(“E-commerce Essay Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/389870-e-commerce
(E-Commerce Essay Example | Topics and Well Written Essays - 500 Words - 1)
“E-Commerce Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.net/miscellaneous/389870-e-commerce.
Increasingly, technology is shifting the organization’s associations with its customers from a "face-to-face" to a "screen-to-face" communication. The Internet is not an innovation that concerns only one or two sectors of the economy. Because it revolutionizes the way businesses should prudently systematize their activities and go to market, the Internet affects all economic commotions.
Therefore, without actual exchange of value then such transaction is considered as an e- business and not electronic commerce (Satterlee, 2001). Just like any other business enterprise, the government owns a role of interest in e-commerce, not as stakeholders but as partisan to ensure that the necessary levy are paid besides enhancing fair, smooth competitiveness across all the business boundaries.
New business models inspired by the new technology break down traditional boundaries between business partners, in essence making all participants in a business transaction part of an expansive extranet. For many companies, a web site becomes one of the main tools which help to connect the organization with potential customers and suppliers.
All three problems were especially paralyzing to both overseas and domestic travel, on which the aviation industry live and die. With the use of planes demonstrated in the US as preferred method of terrorist attacks, air travel begun to make people nervous. SARS,
Obviously, the dramatic transformation of e-commerce into a routine activity would have been impossible without the creation of the application that would never exist in the physical world. Today, entrepreneurs and business online have a unique opportunity to
E-commerce has reduced costs and time spent of supply chain activities.
Electronic commerce is the use of technology to perform business process activities that entail the exchange of information, products and
I like eBay because of its various features that motivates me to keep visiting the site. Payments are secured by its money guarantee services where the buyer either gets the ordered item or money back. Additionally, they ensure the confidentiality of their
The relevance of E-commerce as an emerging competitive strategy is evident in the discussion. A clear definition of various types of transactions that surround online application is broadly addressed with focus on its significance
For a company to benefit from E- commerce, the challenges faced with its implementation must be handled. It requires active participation and good will of employees at all level of employment.
E- Commerce has received worldwide attention and
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic E-commerce for FREE!