Impact Of Building E-commerce Website For Business

Running Head : Impact of Building E-Commerce Web web site for BusinessNameUniversityCourseTutorDateIntroductionElectronic commerce or e-commerce is the use of Information Technology (IT ) systems to conduct the buying and selling of goods and run electronically (Wigand , R .T . 1997 . It is not just somewhat having a web site , since a company s website whitethorn provide useful information to potential customers but unless there are mechanisms to too transact a sale , it is apparently an online brochure . With lucre technology fast becoming an inbuilt part of the lineage environment , most e-commerce is conducted over the Internet , though not exclusivelySmart card technology and electronic kiosks that do not utilize the Internet are also considered as e-commerce applications . E-commerce is about development the meshing to buy and sell goods and services online Selling through websites is the fastest growing method of commerce ecumenical (Wigand , R .T . 1997 . The two forms which comprise e-commerce are blood to business trading where companies trade and exchange information using the worldwide web and the business to customer trading where companies business deal directly with customers through web pages , and ing is carried out online (Wigand , R .T . 1997This look into will primarily be concerned with the impact of grammatical construction e-commerce website for business activity . Trading online en equal to(p)s business to reach a lot wider audiences while cutting the costs of traditional retailing methods . Although the website is important the potential benefits are enormous in providing most types of business with a competitive advantageBackground of the studyThe growth of the internet has been nothing than salient (Senn , J .A 2000 . It has evolved into the most powerful business channel ever and offers a great many advantages to every entrepreneur pursuance to extend their brick and mortar business (Siau , K , Lim , E Shen , Z . 2001 . The first step in building e-commerce website is to interview the exploiter base to generate a list of features to be include in the application .

User requirements may include users universe able to use the e-commerce application from any web web browser , transactions should be secure , site visitors should be able to purchase goods or services via the electronic store , also administrators should be able to manage ecommerce applications using web browsers and they should be able to view all user transactions (Siau K et al , 2001An e-commerce website is fast becoming an essential piece of the fresh business success with the gradual displacement to the online landscape In building an e-commerce , the two most important challenges are underdeveloped a clear understanding of business objectives and knowing how to necessitate the right technology to achieve those objectives . A better e-commerce site must give a clear position and should be comprehensive and substantialBenefits of e-commerceThe development of e-commerce has a wide range of benefits . The internet allows businesses access to a huge market of potential customers worldwide , here businesses can sell directly to the end-users and therefore eliminating the inwardness man (Mylonopoulos N Doukidis G 2003 . In e-commerce , a small...If you necessity to get a full essay, order it on our website: Orderessay

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