Wednesday, May 13, 2020

E Commerce A Small On Line Business - 1317 Words

INTRODUCTION How much did U.S. consumers spend on-line in 2014? According to the website Internet Retailers, consumers spent almost $300 billion in 2014. That was an increase in 15.4% over 2013 sales. 2013 sales totaled close to $265 billion (internetretailer.com). Today technology is business. E-commerce is big business. In the discussion I will state how e-commerce impacts consumers in many areas. First, I will define e-commerce. Then, I will discuss the advantages and disadvantage of e-commerce. Next, I will discuss hosting an e-commerce site for a small on-line business. This paper will focus on capabilities and costs for creating an e-commerce site. In addition to the capabilities and the costs the hosting sites, I will examine their tools and offerings. Lastly, this paper will indicate which choice was made and an explanation of that choice. E-COMMERCE Our lives today are touched in every way by electronic commerce. Everything from watching movies on Netflix, listening to music on Apple Music or Spotify, or purchasing anything from A to Z on Amazon.com. E-commerce is mentioned daily on the internet. How is E-commerce defined? According to Laudon and Laudon, it is defined as a business transaction on the Web and Internet. The business transaction involves the company and the customer in the form of a digital transaction. This digital transaction occurs through the World Wide Web and the Internet. The transaction involves the customer paying forShow MoreRelatedApplication Of Electronic Commerce ( E Commerce ) On Small Medium Enterprise ( Sme )1455 Words   |  6 Pagesof electronic commerce (e-commerce) on Small Medium Enterprise (SME) In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses are becoming more aggressive. This situation may impact on small business or familiar with small and medium enterprise (SME). In order to survive and stay competitive, SMEs implements a vary of approaches or strategies, such as by adopting internet-based or web based (e-commerce) in their business. Many studiesRead MoreImplementation Of Electronic Commerce ( E Commerce ) On Small Medium Enterprise ( Sme )1292 Words   |  6 Pageselectronic commerce (e-commerce) on Small Medium Enterprise (SME) In this globalization era, new businesses are emerging and developing very rapidly where competition between businesses is becoming more aggressive. Raymond, Bergeron and Blili (2005) mentioned that todays’ market is more effective and efficient since the use of technology that has eliminated distance and time. This situation may impact on small business or known as Small and Medium Enterprise (SME) to compete with bigger business. 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