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

Uniform memory access model (uma), Uniform Memory Access Model (UMA) In...

Uniform Memory Access Model (UMA) In this model, the main memory is uniformly shared by all processors in multiprocessor systems and each processor has equal access time to sha

What are privileged instructions, What are privileged instructions?  So...

What are privileged instructions?  Some of the machine instructions that might cause harm to a system are designated as privileged instructions. The hardware permits the privil

Explaintask and parallel task, Task   A task is logically discrete ...

Task   A task is logically discrete section of computational work. A task is normally a program or else set of instructions which are executed by a processor. Parallel

Functions - first-order logic, Functions - first-order logic: Function...

Functions - first-order logic: Functions can be thought of as exceptional predicates, wherever we think of all but one of the arguments as input and the output as final argume

C Programming, Program about railway reservation system using structure . G...

Program about railway reservation system using structure . Get 10 names,their gender ,address , seats availability according to trains and some extra datas

Isoquants, what are the types of isoquants

what are the types of isoquants

Unix essentials, Version Control is a critical tool in development and prod...

Version Control is a critical tool in development and production environments that allows a user to make snapshots of working con?gurations or code. In this assignment, you will de

Differentiate between motion and shape tween, Question: 1. In Flash, w...

Question: 1. In Flash, what is the purpose of a motion guide layer? 2. Differentiate between Motion and Shape tween. 3. Give the steps to create a layer mask in flash.

Objectives of parallel computing, Objectives of Parallel Computing Aft...

Objectives of Parallel Computing After reading this topic, you would be able to: Tell historical details of parallel computing; Explain the fundamental ideas of dis

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