The Areas Of Ecommerce Information Technology Essay

The Areas Of Ecommerce knowledge Technology EssayEcommerce is frequently thought scarcely buying and marketing through Internet people immediately think of consumer retail purchases from online companies lots(prenominal) as Amazon. unless e-commerce involves much more than electronic al integrityy mediated pecuniary transactions between organizations and customers. E-commerce must be c areful as all electronically mediated transactions between an organization and any ternion party it deals with. By this description, non-financial transactions such(prenominal)(prenominal) as consumer requests for additional data would in like manner be careful to be part of e-commerce (Chaffey, 2002).E-commerce is the swap of randomness across electronic networks, at any phase in the issue chain, whether inside an organization, between aires, between jobes and customers, or between the civic and private sector, whether paid or unpaid (Cabinet Office, 1999).Ecommerce is any channel ac tivity that involves the translation of information through internet. Electronic commerce is exchanging crease information, of importtaining none relations and conducting blood transactions by means of internet and networks (Zwass, 2012).AREAS OF ECOMMERCEEcommerce is the broad term. Today, e-commerce isnt just reserved for big companies but appealing much anyone can maintain involved in this (Affilorama, n.d.). It has covered miscellaneous sectors including health, education tourism etc. just nearly of the main areas where the ecommerce has penetrated are listed bellowsIn Education as e-learningIn Health as TelemedicineIn Travel and tourism Online Hotel Reservation, Managing trips and vacations.In entertainment Online movie database, online games, betting web sites etc.In Service relate areas E-brokers, E-ticketing etcIn Financial sector as E-banking.Beside the above given main areas it also has its impact on various sectors such as E-publishing, Online Auction, Onli ne advertising etc.TYPES OF ECOMMERCEEcommerce can be divided into various categories in name of their properties and type of transaction they perform. Various types of E-commerce are described belowB2B E-commerceGenerally, lineage to business ecommerce is an ecommerce activity performed between the two Business organizations. Here one business collaborate with business partners in real-time and put trouble of all their processes online from supply chain and purchasing to manufacturing and intersection development (Btobb2b. 2010.).B2C E-commerceAn acronym for business to customer or Business to consumer, a type where a business sells their products and services to the customer directly (Maybray, n.d.). This type of ecommerce is applicable to that business unswerving who tends to sell their product on internet. Some forms of this type of ecommerce are e-banking, e-ticketing etc. example Amazon.M-commerceM-commerce referred as mobile commerce is the use of mobiles to perform the business activities. It eventually is B2C commerce but not performed in your PCs or MAC. capableness OF DIFFERENT PRODUCTS IN ECOMMERCESome types of products may be more adapted to ecommerce where as some of them may be capable for the offline market. If we look the trends of some success full ecommerce website like EBay and Amazon, we can find that the digital products such as movies, music, software, games are more sold in this platform. Beside that the products like information processing system hardware, spares part of automobiles are also sold.But the products which have less value-to-weight, or the product that have smell, taste, and touch components and products that need trail fitting and where coloration integrity are more essential are less suitable for the ecommerce platform (Ecommerce.insightin, 2004).SCOPE OF ECOMMERCE IN RETAIL SECTORIn January 2011 alone, customers in the UK spent more than 5 billion shopping online, a origin of 1 billion on the previous year. With this sharp increase, retailers are dropping over themselves to spruce up their web presence and the e-commerce services they put surface (Retailchoice, 2011).This growth of ecommerce means that at that place is a great scope of ecommerce in the retail industry. Referring to the gain acquired by various online competitors, the business firms following the traditional way are also attracted toward the ecommerce platform. This creates huge competition in the online market.STRATEGIES TO take a leak ECOMMERCE WEBSITEThere is no doubt in the growing importance of ecommerce website for the retailers. But only creating the website is not sufficient for the business run your business successfully s. Hence for the successful ecommerce business the merchants have to think about various factors that may effects their business. Some main factors to be considered to run business successfully are discussed below.Choice of suitable products.Products are the main part of the ecommerce websi te. Before creating the website you should make sure that what types of product you are going to commingle in your website. Digital products such as DVDS, Software are more suitable. Similarly, branded an item that doesnt need to be tasted or checked such as branded chocolates, cosmetic item etc. are also suitable. But the product that should be sold within short raze in time and that have a lot smell are not suitable to the ecommerce website. Example bread, milk etc. vegetables are also not that much suitable for it.An Easy to use shopping cart.The other main things to be considered is the easy to use user interface. Better is the user interface, more costumier are attracted to your platform. Use of more graphics than text is encouraged.Better and situate payment system.Payment and guarantor is the main thing that a business firm should consider while establishing the ecommerce. There are various picks uncommitted such as PayPal, Alert pay, Payoneer etc. But among them Pay Pal is the high hat option as it is highly recognized, secured and fast. Its alternative may be Alert pay. straightaway actors lineDelivery of goods to the costumer at a given catch of time is one factor that affect the consumer behavior to online shopping. Faster the delivery is of the business, costumers are attracted towards your business.Regular update of your website.Costumers are attracted towards the pertly items and products daily. The use of equivalent product for a long period of time may intensify the interpretation of customer towards your site. So, updating of daily new products is important for the business to be successful.Offers and SchemeOffers and Scheme is the best way to attract your costumer towards your business. Providing various types of scheme and offers during the various festivals and occasions is a plus point for the business organization. Certain percentages of discounts on your products are some examples for it.Disadvantages of Ecommerce.SecurityS ecurity ride outs to be a trouble for online businesses. Consumers have to sense confident about the honesty of the payment process before they entrust to the purchase.System and data truthData security and the fact of the system that handles the data are serious concerns. Computer viruses are out of control, with new viruses discovered each day (GoArticles, 2012). Viruses can cause unnecessary stoppage, backups of file and data, data stock problems, and other laboriousies and danger of hackers trying to access files and corrupting records adds more twinge to a earlier complex operation.System ScalabilityA business develops an synergetic boundary with consumers by the use of a website. Finally, statistical analysis verifies whether visitors to the site are recurring customers or not. If the company expects 2 to 6 one million million million shows up, website performance is bound to incident degradation, delay, and ultimately loss of consumers visits (Scribd, 2009).To stop suc h problems from occurring, a website must be scalable, or upgradable on a unfaltering routine.E-commerce is not freeTill now, achievement stories in e-commerce have implemented large business with profound pockets and good financial sustain. According to Manjeetss (n.d.), tiny retailers that go head-to-head with e-commerce giants are fighting losing combat. Since in the brick-and-mortar situation, they just cannot involvement on price or product offering. Brand trustworthiness is related to issues like this, which is thought to be less significant for online firms. Brands are predicted to move search costs, maintain and create trust, and correspond quality. A search locomotive can come up with the best music deals, for example, yet customers continue to flock to trusted entities such as HMV (Sites.google, 2011).Customer Search is not efficient or Cost-effectiveOn the surface, the e-marketplace seems to be a best market, where international sellers and buyers share and trade wit hout intermediaries. However, a closer look signifies that new types of intermediaries are necessary to e-commerce. They include electronic malls that assurance authenticity of transactions. all told these intermediaries add to transaction fees (Dart, 2001).Consumer Relations ProblemsNot a lot of businesses visualize that even e-business cannot live on over the long term exclusive of faithful consumers.Products populace wont buy onlineImagine a website called article of furniture.com or living.com, where venture capitalists are investing millions in selling home furnishings online. In the case of a sofa set, consumer would want to sit on it, sense the texture of the fabric etc. next to the sofa test online furniture stores face a costly come again which makes the product difficult to sell through online (Carolinachair, 2001).Corporate susceptibilityThe ease of use of product details, catalogs, and other information about a business through its website makes it compromising to a ccess by the rivalry. The plan of extracting business intellect from the website is called web shut in (Ap-institute, n.d.).High danger of Internet Start-upMany stories unfolded in 1999 about successful executives in established firms leaving for Internet start-ups, only to find out that their get-rich dream with a dot.com was just that a dream (Albany, 2001).Conclusion judgement the strategy of e-commerce has became essential while implementing or before implementing e-commerce in industry. appeal articles, evidences, performing research is the best way to raise ones business. Along with advantages there come disvantages also. So it is very important to develop strategy solutions to catch the risk arise from implementation of e-commerce.