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

What are the phases of swapping a page from the memory, What are the phases...

What are the phases of swapping a page from the memory? Page stealer searches the page eligible for swapping and places the page number in the list of pages to be swapped. K

Program for encoding ASCII alpha numeric, Q. Program for encoding ASCII Alp...

Q. Program for encoding ASCII Alpha numeric? ; A program for encoding ASCII Alpha numeric. ; ALGORITHM:             ; create the code table             ; read an input

How the temperature effecting the delays in a chip, How the temperature eff...

How the temperature effecting the delays in a chip The delays are directly proportional to the temperature. As the temperature enhances the delays are enhances and chip wil

Operating systems, Consider the state transition diagram of Figure 3.9b . S...

Consider the state transition diagram of Figure 3.9b . Suppose that it is time for the OS to dispatch a process and that there are processes in both the Ready state and the Ready/S

Explain analysis and synthesis phase of a compiler, Explain analysis and sy...

Explain analysis and synthesis phase of a compiler. The synthesis and analysis phases of a compiler are: Analysis Phase: In this breaks the source program in constituent

Vector-vector instructions-vector processing, Vector-Vector Instructions ...

Vector-Vector Instructions In this type, vector operands are fetched by the vector register and saved in another vector register. These instructions are indicated with the foll

Define situation as transmitter & receiver, The situation when both transmi...

The situation when both transmitter and receiver have to work in tandem is referred to as? The situation while both transmitter and receiver have to work into tandem is termed

Data can be moved using a ''write:'' statement, Data can be moved from one ...

Data can be moved from one field to another using a 'Write:' Statement and stored in the desired format.  Write: Date_1 to Date_2 format DD/MM/YY.

Types of policies in e-commerce, 1- The Privacy Policy: The vendor must...

1- The Privacy Policy: The vendor must explain to the customer how all his information especially sensitive ones will be totally private, and no one can read them or use them i

Explain the following the address instruction, Explain the following the ad...

Explain the following the address instruction?  Three-address instruction-it can be represented as add a,b,c Two-address instruction-it can be shown as Add a,b

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