Basically, e commerce can be defined as the shopping for and selling of merchandise or services online. Many people suppose that this is the number one factor to do with the World Wide Web. However, I have made it number seven to make it clear that I think one should consider selling things on the Internet and the World Wide Web after one has done all the things above. Why? Well, the answer is complex but the best way to put it’s, does one consider the telephone the best place to sell issues? Most likely not. One most likely considers the telephone as a instrument that enables one to communicate with one’s customer, which in flip helps one sell things. Well, that is how I feel one ought to consider the WWW. The technology is different, but before people decide to become customers, they need to learn about one, what one does and what one can do for them. Which one can do easily and inexpensively on the WWW. Then one may be able to show them into customers.
Smaller businesses and retailers no longer have to decide to the expense of a brick and mortar location, because their international reach makes it possible to achieve enormous success with e-commerce. Because the impact of e-commerce has been so great, the methods by which businesses market to their target markets have been radically affected as well.
3D video tours are another necessary subject to be considered. Most hotel sites, cruise lines and lots of university campuses use this utility to aid the consumer in visualizing their environment. That is becoming a standard in the selection phase of hotel comparisons. By offering a 3D video tour hotels can present of their best features while the consumer sits again and watches in the consolation of their personal home. This may also work for businesses trying to offer new merchandise into the procurement process. The business can use video streaming to show high quality management, as well as, the overall operation of the company. It is a good option to get a foot in the door while consumers compare products offered on the internet.
Ultimately, the influence of e-commerce will be to level the enjoying field among economically disadvantaged countries. As the infrastructure required fore-commerce to be possible reaches even the smallest communities, borders and political power will be less influential in terms of success than a company’s potential to effectively market online, construct a community of followers, and create lasting relationships with their target market.
In conducting my examine, I have researched extensively on the Internet for resources. I chose the Internet as my main research medium because e-commerce remains to be a reasonably new technology. Since it’s technology related, the Internet will provide the most recent information available. Printed publications is not going to be able to adapt to changes as fast and efficient as electronic publications. I researched many e-commerce related web sites along with some companies that conduct statistical studies. Some of the e-commerce web sites that I looked into are E-Commerce Times, eRetail, and eMarketer. The statistical research firms that I researched are Forrester Research and Jupiter Communication. Both corporations provided valuable statistical data that shows the rise of consumers shopping on-line and the predicted greenback amount that can be spent in the coming years.
2. Began a rewards program that customers may be a part of and earn 5% toward future purchases. Not only did this reward best customers whom I wanted to do something for, however it made so-so customers shop with us first, to build up their rewards. An unscientific sampling showed better than 50% choose to enroll in the program, Those are customers who I do not have to re-declare, they will come again with out PPC advertising expense.
Some start-up E-Commerce websites seem to believe that their merchandise will sell like loopy, and the people will come if they construct it. In spite of the incontrovertible fact that such systems are already in place, many consumers are still wary of buying merchandise over the Internet. There are two reasons for this reluctance: (1) Security issues and (2) Purchase behavior habits.