Commerce Seen Growing 70 Percent In 2008
Electronic Commerce or E-commerce is all about selling and purchasing the product and services supported by electronic payment system. The system was introduces in 1970 with electronic data interchange. E-commerce refers to a commercial transactions that involves the transfer of information over the internet. With the rapid growth in online shopping websites like: Amazon and EBay were introduced. It has made the market place for businesses and consumer to make trade and transaction across the world. As like all business, electronic business is also have some benefits and drawbacks. Let's go through the advantages and disadvantages of E-commerce.
Cybercrime is at an all-time high and nothing is completely secure, to say the least. However, you can upgrade your store's security using the methods discussed in this post and surely make your website a nail-biter of a task for anyone to break in. If you're a startup and have outsourced the development of your online store, you can consider consulting an established e-commerce website development company to know more about how you can ensure maximum security of your store, preventing it against any major cyber attack.
This is the site that is capable of seeking to expose advertising by telling the proper and exactly what they are going to do as well as going to provide real results.
It is a boutique advertising agency that provides highly personalized care and best results. They are helping the companies to increase their e-commerce sale. For the large companies they start by analyzing current sales and campaign data. After this they will focus on increasing sales from top. They will be reducing non profitable spend.
It is for the large companies. But for the small companies they start driving high quality traffic to their site.
They start growing their email list and social media following.
They are able to test and optimize content and advertising in order to increase conversion rates and helps in increasing new buyers.
Most studies have found lower price levels online than offline, even when shipping and other costs are included. Some studies distinguish three categories of retailer: pure-play Internet, bricks-and-mortar (traditional shops) and bricks-and-clicks (multi-channel retailers). There has been some suggestion that the gap between online and offline prices has been reducing over time. Ancarani and Shankar remind us that shopping comparison sites provide information not only about product prices but also on product characteristics and independent product reviews, and that this can affect offline prices as well as online.
Due to how online shopping has taken off in the recent years additional features have been developed alongside them. These include things like review forums where users can read up on what other people thought about a particular product. Advertising has also become a big part online as popular websites tend to display advert banners or sometimes the annoying pop-ups in order to attract in customers. PPC adverts have become a popular way of advertising and this works on a pay-per-click basis where the company hosting the advert will receive payment by the amount of clicks on that ad. Mailshots and customer loyalty schemes have also moved along with the introduction of e-commerce websites.
Legal provisions pertaining to foreign direct investment (FDI), foreign exchange management act (FEMA), national taxation laws, cyber law due diligence (PDF), cyber security due diligence , e-commerce due diligence , etc are openly ignored in India. In some instance, enforcement directorate (ED) has also initiated investigation against big e-commerce players like Myntra , Flipkart and many more e-commerce websites operating in India. Many stakeholders have also protested against the unfair trade practices and predatory pricing tactics of Indian e-commerce websites.