However, we need to be aware of its advantages and disadvantages. “Online shopping is a continuously growing multibillion industry” (Conal, 2010). There are numerous advantages of online shopping. People favor this way of shopping because of convenience, especially those who work for long hours and have no time to go out shopping during the day. Online shopping can be done twenty four hours a day.
Without a doubt, the Internet has brought in new prospects for international marketers in the UK. Marketers are able to reach a greater number of prospective clients, develop new innovative products, and create new values to clients. The possibility of reaching online advertising with ease is one of the most notable advantages of internet marketing (Subhash). Whereas UK firms were only able to reach thousands of customers using traditional advertising methods, internet advertising has enabled them to reach millions of prospective clients at minimal costs. Although the internet plays a huge role in advancing international
According to Data Monitor, (2010), “Google maintains a large index of web sites and other online content, which are freely available through its search engine”. Google’s’ revenue is generated primarily by delivering relevant, online advertising and operates mostly in the U. S. Although Google is a dominator in the internet search market, competition is tough Google has to compete in a field where there are no long term barriers for new entries into the business. However, Google’s strengths will allow them to maintain the leading edge in the search engine industry. Google’s has established itself as the number one search engine and is a brand name that is trusted by millions. It is considered to be reliable, fast, and dependable.
EBay is an international online consumer-to-consumer business. Through EBay people can purchase and sell variety of goods. EBay began their business in United States of America and expended their business to many other countries. Usually EBay was very successful at expending their business to other countries. However at times EBay failed.
he internet Benefits of selling on the internet The internet has had a profound effect on entrepreneurs business, many of which are positive. One of the benefits of selling online is that since you don’t need to rent office space or work premises, pay assistants, or settle office water and electricity bills, selling on the internet has really helped entrepreneurs save on set up and operational costs. The internet has also helped entrepreneurs get more customers who might probably not have investigated a particular entrepreneur’s type of high street outlet. This means that through the internet, locally based entrepreneurs gain world wide recognition and hence increasing their customer base (Varian, 1998). Selling online also enables small business owners compete at the same level as large businesses in the sense that, they are also able to operate twenty four hours a day, seven days a week.
Deborah and Linda (2009) state out that human resource managers in many companies do a background search about new job applicants using information shared in social networks. In fact, most of the information shared online can be considered free to use and there is no legal concern with such action. In addition , it is hard to think of online posting as the reason for not having a job after many interviews because companies will not explicitly state this as the main reason of not accepting a particular person. Clearly the decision of how much a person want to share personal data online can be a great factor in many future desires. Many social network posting cannot be
The findings indicate that e-commerce benefits are, by and large, limited to improvements in intra- and interorganizational communications. More strategic benefits relating to market access, customer/supplier linkages or cost savings were not found in the majority (more than 80%) of organizations surveyed. Electronic business today plays a major role in the world's economic growth, thanks to the rapid advance in information technology. The value of E-commerce in the United States and Europe is increasing at a very fast pace & it is reaching many trillion. There have been many spectacular E-business successes, but there have also been numerous failures.
Later, the process move to direct selling with simple way of advertisement. The seller just bargain the goods in their own way so that people will know what kind of goods are being sell. But in this modern world, people are using ICT in their daily life to do their works. This transformation has bring the advertisement in a one level ahead. Seller nowadays use the internet to promote and sell their goods.
Despite male or female, we simply need to acknowledge the way that online stores have such enormous appealing force. The principal proper thing to ask here is, what is behind this charming force? Well as per purchaser brain research specialists, this is on account of web based shopping doesn't make us feel like we are burning through cash, in truth having nothing truly turn out from our pockets, accepting something by means of mail a couple days after the fact is much the same as getting Christmas display. Don't you concur? Investigates by customer affiliations appear to propose that, first world nation populace when all is said in done are turning out to be increasingly 'fiscally astute', spending less of their well deserved dollars in routine store, they swing to online stores.
Without shortage of money or resources, it seems a little confused for Tencent’s choice to finally let go its own e-commerce business since it has been investing in e-commerce for nearly 9 years. Besides e-commerce is still one of the most promising markets of Internet in China. So why did Tencent make this choice? What is Tencent’s business strategy on E-commerce? Where does Tencent’s new opportunity lie in?