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E commerce and its future
By Vyom Munjaal
Internet and e commerce are playing very vital role in present situation. Now a day’s more companies are becoming dematerialized. Just one decade ago during 2000 there was not much boom in the E-Commerce. But now the situation has been changed; to sustain in market each and every company has be establish their business online. Relating to E- commerce we can categories industries into two type. 1. Brick and Click
2. Another is purely click industries We can take example of Brick and click industries like Nike Sports were ; they are selling their products through retail outlets , Exclusive Showrooms also through internet. For Purely click industries we can take a very good example Google, They maintaining their business only through online. We can give one more company that repositioned and established as purely click that is DELL Laptops’, That company changed the business strategy repositioned themselves. From stats and figures its shows that %95 of DELL Laptops, sold through online. If you think of the future scenario it will be entirely different most of the purchasing will going to happen through online. Just look at the latest figures shown below.
All figures are in million dollars 1Q08 1Q09 Change %change
Retail Sales 965500 930677 34823 3.7
Gasoline stations 115984 94898 21086
Fuel dealers 18090 14969 3121
E- commerce 32414 28594 3820 13.4
Brick/Mortar 799012 799216 6796 0.9 From the stats and figure shown in the bold letters shows that the %change or growth rate of two major sectors .i.e. E- commerce and Brick/mortar retail sales it shows a very drastic change (13.4, 0.9) show the consumers behavior i.e. everything becoming online,. Wake up guys in order to sustain in future, establish your business through online also; In coming days E commerce has its own importance. For any further help contact web development toronto , we are mainly working in this domain. If you need any software product like atomization visit toronto web design company.
I am a PHP Developer in one of the Offshore Software Development company. For any further information visit PHP Web Development
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Many factors reflect the fact that e commerce is just beginning, Vyom. There may be 30,000,000 websites on the internet, but how many of them pay attention to doing business correctly. We are our own competition!
Best wishes.
Frederick
The copyright for this content entitled "E commerce and its future " has been specified by the contributor as:
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The copyright for this content has been relinquished by the author. The content may be used freely by anyone.
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