E Markets And E Commerce Activities - 800 Words

Another phenomenon, was regarding the emergence of e-markets. E-markets surfaced to facilitate online commerce activities. Producers and many companies, which act as third party, realized that internet could be used to not only augment sales, through advertisements, but also to directly sell products. E-markets and E-commerce As discussed earlier, the concept of e-market and e-commerce is directly related with internet. The modern technology has not only provided platform where companies can directly engage with customers and advertise their products, but also they can sell products. The statistics below depict the annual increase, from the year 2012 to 2013. As per projections, in the year 2018, the Business to Consumer online sales would reach $2, 356 billion, which shows effective these e-markets are and how high e-commerce activities are (Statistica, 2016). The increased online commerce activity also reveals that the systems, used for online commerce activity, have improved radically. This is considered one of the reasons, why the scale of sales, online, has increased. The most sophisticated and technology-based method are being used to facilitate only transactions and commerce related activities. Digital law Because of the increased role of internet, political-social-economic, states have made digitial laws to regulate affairs online. These laws are primarily meant to keep internet a safer place, from where people could retrieve information, market theirShow MoreRelatedImpact of E-Commerce to Malaysian Economy854 Words   |  4 PagesIMPACT OF E-COMMERCE ON THE MALAYSIAN ECONOMY E-commerce is the new buzz word. With the advent of the Internet, the development of e-commerce in both the developed and developing economies has developed at a rapid pace. 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ManyRead MoreE Commerce, An Aspect Of Information Communications Technology1335 Words   |  6 Pagescapacities through the use of tools such as electronic commerce (e-commerce) (Briggeman Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015). E-commerce lowers costs, increases revenues, raises productivity, and brings access to new markets (Briggeman Whitacre, 2010; Roe et al., 2014). E-commerce has advantages for small farm farmers seeking toRead MoreThe Challenges of E-Commerce1403 Words   |  6 PagesThe Challenges of E-Commerce MKT552 The Challenges of E-Commerce Today’s business managers face many challenges when migrating a traditional ‘brick and mortar’ company to that which is now known as the evolutionary ‘click and mortar’ business model – that is, a business that operates in the Internet market space. To stand boldly in the face of challenges presented by the networked economy, firms must develop competencies that enable not only high performance market interactivity and adaptiveRead Moremarketing mix of amazon Essays930 Words   |  4 PagesThe marketing mix is the combination of marketing activities that an organisation engages in so as to best meet the needs of its targeted market. Traditionally the marketing mix consisted of just 4 Ps with 3 extras; an example of marketing mix is Amazon. The most difficult task for any organization is creating an all-around environment which allows a group of customers to feel comfortable purchasing their products or services. The strategy requires the organization to determine the ideal productsRead MoreE Commerce, An Aspect Of Information Communications Technology1340 Words   |  6 Pagescapacities through the use of tools such as electronic commerce (e-commerce) (Briggeman Whitacre, 2010; Roe et al., 2014). E-commerce, an aspect of information communications technology (ICT), is defined as the buying, selling, and marketing of goods and services online (Hua et al., 2015). E-commerce lowers costs, increases revenues, raises productivity, and brings access to new markets (Briggeman Whitacre, 2010; Roe et al., 2014). E-commerce has advantages for small farm farmers seeking toRead MoreE-Commerce: Its Development and Future Perspectives754 Words   |  3 PagesE-COMMERCE: ITS DEVELOPMENT AND FUTURE PERSPECTIVES E-COMMERCE Manzoor and Amir defined E-commerce as the buying and selling of goods and services via electronic means such as the internet. The e-commerce is generally efficient due to its availability throughout where the buyers meet the sellers online. Some services rendered to customers via e-commerce service include: automated data collection systems, mobile commerce, supply chain management