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

Html, discuss hypertext mark up language

discuss hypertext mark up language

Write short note on digital audio segments, Problem: a) Authoring tools...

Problem: a) Authoring tools consist of two basic features. First, an authoring facility for creating and editing, and second, a presentation vehicle for delivery. The authorin

Explain multiple instruction and single data stream (misd), Multiple Instru...

Multiple Instruction and Single Data stream (MISD): In this type of organization multiple processing elements are ordered under the control of multiple control units. Every contro

What do you eman by processors hypercube, Q. What do you eman by Processors...

Q. What do you eman by Processors Hypercube? This is precise to in the hypercube. Every processor is portrayed by set of nodes of graph and different arcs are represented with

Describe about the desk top publishing, Desk Top Publishing (DTP) As wo...

Desk Top Publishing (DTP) As word processors develop increasingly more sophisticated features, differences with desk top publishing (DTP) packages becomes more and more blurred

What is datapool, A datapool is a source of variable test data that scripts...

A datapool is a source of variable test data that scripts can draw from during playback

What is user defined functions, What is User Defined Functions? User-De...

What is User Defined Functions? User-Defined Functions permit defining its own T-SQL functions that can accept 0 or more parameters and return a single scalar data value or a t

Explain the term- software, Explain the term- Software Some of the key ...

Explain the term- Software Some of the key aspects of software are considered in this section. Familiarisation with software packages is generally best achieved by carrying out

Describe types of complements, Q. Describe types of complements? There ...

Q. Describe types of complements? There are two kinds of complements for a number of base (also known as radix) r. These are known as r's complement and (r- 1)'s complement. Fo

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