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 polling, Define Polling. A Polling process is used to recognize...

Define Polling. A Polling process is used to recognize the highest priority source by software means. In this process there is one common branch address for all interrupts.

Combined parallel work-sharing constructs, Q. Combined Parallel Work-sharin...

Q. Combined Parallel Work-sharing Constructs? Combined parallel work sharing constructs are shortcuts for specifying a work sharing construct nested instantaneously in a parall

Concurrently read concurrently write, Q. Concurrently read concurrently wri...

Q. Concurrently read concurrently write? It is one of the models derived from PRAM. In this model the processors access the memory locations simultaneously for reading and writ

What is meant by context switch, What is meant by context switch?  Swit...

What is meant by context switch?  Switching the CPU to another process requires saving the state of the old process and loading the saved state for the new process. This task i

Explain about open system, Q. Explain about Open System? The 'Open Syst...

Q. Explain about Open System? The 'Open System' is a system within its environment. It receives input from environment as well as provides output to environment.  Illustrati

Explain resource dependence, Resource Dependence The parallelism betwee...

Resource Dependence The parallelism between instructions can also be affected because of the shared resources. If two instructions are occupying the same shared resource then i

What is rational robot, Rational Robot is a whole set of components for aut...

Rational Robot is a whole set of components for automating the testing of Microsoft Windows client/server and Internet applications. The major component of Robot lets you start

Select-options and parameters statement , The fields specified by select-op...

The fields specified by select-options and parameters statement cannot be grouped together in the selection screen. No, the fields specified by select-options and parameters s

Visualization, Visualization Visualization is a general method in contr...

Visualization Visualization is a general method in contract to search based tools.  In this method visual aids are given like pictures to assist the programmer in evaluating th

Operating system, define request edge and assignment edge

define request edge and assignment edge

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