Why have companies gone ecommerce, Computer Engineering

Assignment Help:

One of these objectives is related to costs. By going e-commerce, consumers will be able to submit their purchase requests to the sellers without paying a visit to their place. This indeed will save time and surely will minimize the paper work required to complete the deal with the consumers.

Also, companies can use their websites to market their current and new products. This obviously will decrease the marketing costs which eventually will lead to lower the product's costs. E-commerce has strongly indicated to make managements start rethinking about hiring new staff in the sales department; observing and seeing that e-commerce has unleashed new areas where they can compete with other companies in the same market segment. This takes us to another objective which is the competitive advantage among companies in one market segment.

As stated above, e-commerce leads to have low costs which are an essential factor in gaining high profits. By achieving this goal any competitive company will have an edge in leading the market since low costs offer a high potential in lowering the prices. Since markets are massively growing and going global, companies should expect not only local competitors to assault but also overseas multi-national companies. These companies see a high potential in reaching the consumers in different regions to increase sales and eventually profits. These companies believe this cannot be implemented without maintaining costs which means finding a proper way to maximize sales without hiring a lot of employees. Instead of creating new sales departments in multiple countries and employing a high number of employees, e-commerce happens to be the solution and also the method to make this happen. E-commerce has become hugely appreciated by consumers due to the easiness of the purchase process. As mentioned, consumers will no longer need to visit the show rooms and stores, fill in documents, paying cash and finally receive the sold product. These can be saved by going online and fill in the required information and finally submit it in a few minutes. E-commerce by providing a supply of information and wide access to business information has increased the competitiveness of manufacturers in one hand and the other power of consumer choice.


Related Discussions:- Why have companies gone ecommerce

Define the karnaugh maps (k maps), Define The Karnaugh Maps (K Maps) Th...

Define The Karnaugh Maps (K Maps) The Karnaugh map (K map) provides the systematic method for simplifying a Boolean expression or a truth table function when used properly the

How can i delete a file, The Standard C Library function is removing. (This...

The Standard C Library function is removing. (This is thus one of the few questions in this section for which the answer is not ''It's system-dependent.'') On older, pre-ANSI Unix

Flowchart, How to calculate the flowchart

How to calculate the flowchart

How do we draw in a different color in gimp, At the bottom of the toolbar t...

At the bottom of the toolbar there is a box with two lesser boxes and an arrow. The uppermost box displays the present foreground color; the lowermost box shows the present backgro

What do you mean by directives, Q What do you mean by Directives? Assem...

Q What do you mean by Directives? Assembly languages support numerous statements. This allows you to control the way in which a source program assembles and list. These stateme

Expalin the history of parallel computers, Expalin the History Of Parallel ...

Expalin the History Of Parallel Computers The researches with and implementations of use of the parallelism started long back in the 1950's by IBM Corporation. The IBM STRETCH

Creating a function, I''m suppose to create a function called calc_rectang_...

I''m suppose to create a function called calc_rectang_area(height, width),that takes two parameters: the height and width of the rectangular and return the area of the rectangular.

Instruction set architecture, Question (a) A 500 MHz Pentium III proce...

Question (a) A 500 MHz Pentium III processor takes 2 ms to run a program with 200,000 instructions. A 300 MHz UltraSparc processor takes 1.8 ms to run the same program with 23

How e-commerce works for the shop owner, E-commerce is working in tandem wi...

E-commerce is working in tandem with the real shop and if all the products are online running the e-commerce shop is becoming simpler. Owner log in on the special admin side of the

Mathematical simulation and modeling applications, Mathematical Simulation ...

Mathematical Simulation and Modeling Applications The tasks including modeling and mathematical simulation require a lot of parallel processing. Three basic formalisms in model

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd