Disadvantages Of E Commerce - 1457 Words

Thanks to development technology, e-commerce, which has revolutionized nearly every industry in the world has become more and more popular and effect on a business and people (Bandyo-Padhyay, N. 2002). According to Bandyo-Padhyay. N (2002), it is a trendy expression that web based business performed in the right on time to the center of the 1990s and quickly turned into a typical term in the business and scholastic world. Internet business (Electronic trade) implies working business electronically which is exchanging products, services, and expertise utilizing PCs connected to each other. Nowadays, a business should respond to the growth of e-commerce, if they want to remain competitive. This essay will show the importance of e-commerce,†¦show more content†¦Another statistics of e-commerce is electronic commerce market in the United Kingdom. In the UK, the percentage of the internet user who made a purchase online in 2015 was just over 75 percent, according to Gemma (2016) and after it encouraged online sales to grow by 16.2 percent, it stood at 14.9 percent in 2016. There are many good examples of e-commerce companies, such as Amazon, Vauxhall, Tesco, Newham Online, Priceline, The Flying Noodle†¦ According to Bidgoli, H (2001), Amazon is an example of the potential of e-commerce for an entrepreneur with the right vision and it shows how a small company can be a threat to the large and established ones with the help of e-commerce. Amazon founded in 1995, this firm was the creators of e-commerce and the first to offer the book on the web. The entrepreneur of Amazon is Jeff Bezos who foresaw the fascination for the client of hunting for books to purchase on their PC or advanced mobile phone, perusing surveys and extracts on the web and choosing and purchasing without visiting the store. Besides, large companies, such as Vauxhall and Tesco have gained a rival benefit by utilizing their sites to set up better client connections and quicker development of products (Bidgoli, H. 2001). Firstly, Tesco has known quick movingShow MoreRelatedAdvantages And Disadvantages Of E-Commerce958 Words   |  4 PagesAbstract E-Commerce Ecommerce (or electrical commerce) refers to the shopping for and mercantilism of products and services via electronic channels, primarily the net. On-line retail is unquestionably convenient because of its 24-hour handiness, international reach and usually economical client service. The invention of quicker net property and powerful on-line tools has resulted in a new commerce arena – Ecommerce. 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