http://6starmedia.com/the-rise-of-ecommerce/ - There is little doubt that eCommerce has become one of the most potent forces on the internet. With millions of people running their own businesses either directed at consumers or other businesses, the result has been a change that has affected virtually all businesses both small and large within reach of the internet.
2. There is little doubt that
eCommerce has become one of
the most potent forces on the
internet. With millions of people
running their own businesses
either directed at consumers or
other businesses, the result has
been a change that has affected
virtually all businesses both small
and large within reach of the
internet.
3. Traditional retailers have also entered the
internet in very strong numbers, pulling out
their own share of the total customer base
found on the internet. One interesting fact is
that travel services and consumer
electronics make up the largest percentage
of eCommerce businesses.
4. The reasons for the rise of eCommerce have
been many and the explosion of new
businesses online will continue for quite some
time because the internet is reaching new
people everyday. Here are some of the
reasons why eCommerce has taken off so
well.
- No Taxation
- Worldwide Reach
- Variety of Retailers
5. The lack of taxation has been cited as one of the
biggest reasons eCommerce businesses do so
well. Because of this lack of taxation, people can
purchase products at a lower rate and
businesses do not have to keep complicated tax
forms. The reach of the internet is expanding on
a daily basis as millions more people gain
access. Plus, the wide variety of retailers has led
to increased competition which in turn has
lowered prices even further.
6. As eCommerce expands on
the internet, so is the
technology expanding which is
making it easier to create new
websites and reach more
people. The development of
expanded bandwidths has led
to the use of more images and
video.
7. However, it is the expansion of the internet
to more people which has led to a drop in
the charges for those to surf, build websites
and utilize expanded services.
8. This is one reason that travel services has
really taken off in the eCommerce field.
What once took a series of time
consuming phone calls, people can now
go online and book tickets, hotel rooms,
rental cars and more in just a few minutes
while getting the best deal. Add to that the
competition which has worked to further
reduce prices and more consumers
benefit.
9. Since the internet itself is strongly tied to
technology, the consumer electronics
business has exploded online. Businesses
that retail consumer electronics have
greatly increased their visibility and allowed
customers to make purchases online
without having to go to the retail store.
10. The advancement of paying options online,
especially services such as PayPal, have
allows consumers to make safe, direct
purchases and have products shipped to
them or they can pick them up at the store.
Needless to say, shipping companies have
also greatly benefitted from the expansion
of the internet as well.
11. What is also true is that companies who
market eCommerce software and business
ideas are also booming as well. With so
many people seeing the internet as the
place where they can operate a business,
the services for creating such businesses
sell in the billions of dollars. Today, a person
with relatively little money can set up their
own eCommerce website and begin to sell
products or services.
12. You can start your own eCommerce
business by contacting us today.