E-commerce is an integral a part of the internet at this time and has created an entirely new method of buying and selling. What number of times have you received a gift that you weren’t completely proud of? That doesn’t have to happen though with e-commerce because you may create wish lists out there. This is perfect so that you can give those in your life a chance to buy you something you really need or need. They will appreciate it too because it takes the guess work out of it. They will know their money is going for something you really need.
The term E-Business is an acronym referring to “Electronic Business,” and its business is conducted with the use of the Internet, Extranet, Intranet and website. In this sense, E-Business is a bit just like E-Commerce, however it’s more than just selling and shopping for merchandise or services online.
I’ve talked about the power to serve the world with a e-commerce solution. How about one’s neighborhood? If one is located in San Francisco Bay Area, the Raleigh NC area, Boston or New York, there might be enough local customers with Internet access to make it price one’s while to consider Web marketing. A local Palo Alto, CA restaurant even takes lunch orders by means of the Internet! But no matter where one is, if the large client has Internet access, one ought to be there too.
Besides, with E-Commerce, your online store is reachable using smartphones and other mobile devices. This means that people should buy your products from anywhere while on the move. Ever since Jeff Bezos boxed up the first ebook ever bought on from his Seattle garage in July 1995, e-commerce has become the Great Equalizer. It allows the smallest of businesses to compete with the giants of their industry.
One of the other major reasons why eCommerce goes to skyrocket in Sri Lanka in the coming years is that the businesses of the country which have developed enough to contribute new merchandise to the native market. There have been many restrictions in the final decade for imports. Now that the country has come out of the internal mess, the international businesses are more than welcome there. There have been many foreign business vendors who have placed their merchandise in the market with quite a few successful business stories.
If one’s market is education, consider that almost all universities already offer Internet accesses to their students and most Okay-12’s will be on the Internet within the next few years. Books, athletic shoes, research courses, youth trend and something else that might need to reach these overlapping markets needs to be on the WWW. Even with the coming of the commercial on-line services and their somewhat older populations there will be nothing however growth in the percentage of the under 25 market that will be on-line.
People are transferring from a third world status to a more advanced status. The lifestyles of people are changing dramatically. For a country that was affected by internal conflicts for over half a century, the literacy rate is surprisingly high at ninety two percent. This is another important issue that makes eCommerce more than possible. These people are transferring towards a more technologically advanced lifestyle. Additionally the global influence of technology has made it possible for people to hold the entire internet literally in their hands. People can just place an order online from their phone while they are travelling. Someone won’t be wealthy enough to own a automotive on this country however they still place an order while travelling in a public transportation bus.