Sites Offering E-Commerce

There are e-commerce sites being published online every minute in attempts to accommodate the growing number of individuals who want easily-accessible products and don’t like to go and shopping in this speedy world. The advent of the internet and its accessibility has opened a new environment for e-commerce, and the sites are becoming more creative. As the demand of e-commerce increases, so does its competition between online shops. The goal is to attract consumers and give them a site that is easily and friendly to navigate and positively reflect their products and services.  

Some of the well known E-Commerce sites are eBay, Amazon.com and tesco.com.

1) eBay - American eCommerce   website that was founded in 1995. It is now  a multi-billion dollar business with operations localized in over thirty countries.

2. Amazon.com - American multinational eCommerce company. It is the world's largest online retailer. Amazon has been described as an "online supermarket" - it is possible to buy almost anything.

3) Tesco.com - leading online grocery store in the UK. Tesco Online is used predominantly for grocery shopping where the customer places an order and then the products get delivered in the next few days. 

Besides this, there are many other e-commerce websites such as play.com, Shoppersstop.com, Bookmyshow.com, Yatra.com, Homeshop18.com  and many more.

E-Commerce: Impact on Markets and Retailers

The internet is changing the way people do business. This article looks at how e-commerce has affected the market structures of several companies…...

Economists have theorized that e-commerce ought to lead to increased price competition, as it increases consumers' ability to gather information about products and prices.

E-Commerce effects the market structures of small businesses

Research by four economists at the University of Chicago has found that the growth of online shopping has also affected industry structure in two areas that have seen significant growth in e-commerce, bookshops and travel. Generally, larger firms have grown at the expense of smaller ones, as they are able to use economies of scale and offer lower prices. The lone exception to this pattern has been the very smallest category of bookseller, shops with between one and four employees, which appear to have withstood the trend.

 There has been less research attention directed toward such questions of which businesses benefit the most, and which suffer most, from e-commerce than that applied toward the implications for prices. Straight wisdom suggests that market structure impacts could be large; the rapid growth of online travel sites at the expense of local travel agencies is one soft-cited example.

E-commerce is playing an increasingly important role in many markets. The new technologies it brings affect not just prices but also other components of market structure, with differing effects across businesses. Those that are able to operate at low cost (and pass some of this cost advantage on to their customers) can gain market share and profitability, while higher-cost firms will be hurt, perhaps fatally. The research discussed here concerns a few industries, but similar shifts are likely to have occurred in other markets.

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Growth of E-Commerce

• The growth of e-commerce  continues to accelerate on a worldwide basis as more consumers gain confidence to transact on the internet, traditional business shifts its service facility to e-commerce platforms and internet access levels in both developed and underdeveloped countries continues to increase.

• The man credited with beginning online shopping was Michael Aldrich in 1979.  

• Business models across the world also continue to change drastically with the advent of e-commerce and this change is not just restricted to USA. Other countries are also contributing to the growth of e-commerce.  The United Kingdom has the biggest e-commerce market in the world when measured by the amount spent per capital, even higher than the USA. 

• Not only UK or USA, but China’s e-commerce market also continues to expand. With 384 million internet users, China’s online shopping sales rose to $36.6 billion in 2009 and one of the reasons behind the huge growth has been the improved trust level for shoppers.

Growth of E-commerce in India:

   

The low cost of the PC and the growing use of the Internet has shown the tremendous    growth of E-commerce in India, in the recent years.                       

 According to a McKinsey-Nasscom report the e-commerce transactions in India were       expected to reach $100 billion by 2008. Although, as compared to the western countries, India is still in the stage of development.

Global E-Commerce Sales

What is E-Commerce?

Heard a lot about e-commerce, but don't have a clue what it is?! This article is just for you then! :D


Electronic commerce commonly known as E-commerce is the buying and selling of products and services by businesses and consumers over the Internet and other computer networks. 

People use the term "eCommerce" to describe encrypted payments on the Internet.
The term e-commerce may also refer to the entire online process of developing, marketing, selling, delivering, servicing and paying for products and services. 

There are five major types of e-commerce:

Business-to-business (B2B) 

Business-to-consumer (B2C)

Business-to-government (B2G)

Consumer-to-consumer (C2C) 

Mobile commerce (m-commerce)

• Business-to-business e-commerce (B2B), is simply defined as e-commerce between companies.

• Business-to-consumer e-commerce (B2C), or commerce between companies and consumers.
• Business-to-government e-commerce (B2G) is generally defined as commerce between companies and the public sector.

• Consumer-to-consumer e-commerce (C2C) is commerce between private individuals or consumers. 
• M-commerce (mobile commerce) is the buying and selling of goods and services through wireless technology- i.e., handheld devices such as cellular telephones and personal digital assistants (PDAs).