$700B in 2001...now???
I think the impact is changing people's shopping way, which let people choose to stay at home and reduce their communication.
E-commerce and e-business intersect at the point where online transactions facilitate business operations. E-commerce specifically refers to the buying and selling of goods and services over the internet, while e-business encompasses a broader range of online business activities, including supply chain management, customer service, and digital marketing. Essentially, e-commerce is a subset of e-business, focusing on the transactional aspects, whereas e-business includes the overall management and strategy of conducting business online. This intersection enables companies to leverage digital platforms for comprehensive business solutions.
E-commerce is very different from traditional commerce, because it uses the internet and globalization to enhance the products and services. E-commerce provide direct connection between customer and corporation, eliminating third men, through e-commerce you can easily compare products, brands, quality and prices of e-commerce marketing and traditional marketing.
what kind of e-commerce company is Ntercon
Businesses use value chain analysis to identify e-commerce opportunities by examining their activities to determine where they can enhance efficiency and create value through online channels. This involves assessing each step, from inbound logistics to customer service, to pinpoint areas for digital transformation. SWOT analysis complements this by evaluating internal strengths and weaknesses alongside external opportunities and threats in the e-commerce landscape. Together, these tools help businesses strategize on leveraging their capabilities and market conditions to capitalize on e-commerce growth.
Value Added Network
The "E" in "e-commerce" stands for "electronic", thus phrasing e-commerce as "Electronic Commerce". E-commerce is a transaction from one organisation or individual to another external party, in which value is added. It is referring to the new digital channel that has emerged from the technology Internet, in which it is now possible for customers to purchase products on-line in return for their currency.
The major impact of e-commerce on strategic planning has been the necessity for businesses to adapt to a rapidly changing digital landscape. Companies must now prioritize online presence, customer experience, and data analytics to remain competitive. Additionally, e-commerce has shifted focus towards global markets, requiring strategies that encompass logistics, supply chain management, and digital marketing. Overall, organizations must integrate technology-driven approaches into their strategic frameworks to effectively meet consumer demands and navigate market challenges.
$700B in 2001...now???
An increase in favorable economic conditions such as IT employment and e-commerce capabilities.
the technical definition is any exchange of goods or services for value over the internet.
E-commerce is the same as non-electric commerce, except that e-commerce is conducted online. They both involve selling and providing services for the consumers.
While e-commerce offers significant advantages such as convenience, broader reach, and lower operational costs, it is unlikely to completely replace traditional commerce. Many consumers still value the tactile experience of shopping in physical stores, particularly for certain products. Additionally, traditional commerce plays a vital role in local economies and community engagement. Instead, a hybrid model combining both e-commerce and traditional commerce is likely to persist, catering to diverse consumer preferences.
The full form of e-commerce is "Electronic Commerce." E-commerce refers to the buying and selling of goods or services over the internet. This can include online retail stores, digital marketplaces, and B2B or B2C transactions.
I think the impact is changing people's shopping way, which let people choose to stay at home and reduce their communication.
Business to consumerBusiness to businessConsumer to consumerMobile e-commereceSocial e-commereceLocal e-commerce