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

Explain the term- wireless technologyand broadband, Explain the term- Wirel...

Explain the term- Wireless Technologyand Broadband Wireless Technology (WiFi) and Broadband Most areas in the world now provide broadband instead of dial up for connectin

A subroutine can be terminated unconditionally using exit, A subroutine can...

A subroutine can be terminated unconditionally using EXIT. True.

Webforms application and to an mvc application, What is the difference amon...

What is the difference among adding routes, to a webforms application and to an mvc application? Ans) To add routes to a webforms application, we use MapPageRoute() process of

How to fix an asic-based design from easiest to most extreme, How to fix an...

How to fix an ASIC-based design from easiest to most extreme? There are different ways to fix an ASIC-based design as given below: Initially, assume some reviews fundamentally.

What is shift operation, Q. What is Shift operation? Shift: Shift ope...

Q. What is Shift operation? Shift: Shift operation is employed for transfer of bits either to left or to right. It can be used to comprehend simple arithmetic operation or da

Determine less propagation delay in synchronous-ripple ckt, You have two co...

You have two counters counting up to 16, built through negedge DFF, First circuit is synchronous and second is "ripple" as cascading, which circuit has a less propagation delay? Wh

Artificial neural networks - artificial intelligence, Artificial Neural Net...

Artificial Neural Networks - Artificial intelligence: Decision trees, while strong, are a easy representation method. While graphical on the surface, they may be seen as disjun

How a typical dma controller can be interfaced to an 8086, Demonstrate how ...

Demonstrate how a typical DMA controller can be interfaced to an 8086/8085 based maximum mode system.  For 8088 in maximum mode: The RQ/GT0 and RQ/GT1 pins are used to is

Explain how presentation layer helps in establishing, Explain how presentat...

Explain how presentation layer helps in establishing and processing data in End to End layers. The idea of the presentation layer is to stand for information to the communicati

Dbms, Disadvantages of file processing system

Disadvantages of file processing system

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