E-Commerce in India – The Current Scenario E-Commerce in India – The Current Scenario There was a time when ‘E-Commerce’ as a term wasn’t heard of in India. However people still used to know that there are websites such as indiatimes.com and shopping.rediff.com which sells stuff online but to buy that‚ you need to have credit cards. Credit Cards‚ 10 years back‚ was not a common man’s common card‚ it was considered as a priced possession. People those times were more skeptical to use cards for online
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Electronic Contracts E-commerce is staggering nowadays; everyone is using e-commerce at their own leisure. The meaning of the term "electronic commerce" has changed over time. Originally‚ "electronic commerce" meant the facilitation of commercial transactions electronically‚ usually using technology like Electronic Data Interchange to send commercial documents like purchase orders or invoices electronically. Later it came to include activities more precisely termed "Web commerce" -- the purchase of
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QUESTION 1. Write a paragraph to explain and distinguish between a virtual community and a social networking web site. In Social networks everyone has their own social network (whether online or offline). Everyone has friends‚ families‚ and people they are acquainted with. An online social networking site simply makes our social networks visible to others who are not in our immediate network. So the single most important feature that distinguishes a social network from a community is how people
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! ! ! ! ! ! E-‐Commerce vs Traditional retailing ! ! ! ! ! ! ! ! ! Mirza Kulenović MBA candidate -‐ 2014 20/07/2014 !1 Introduction ! The constant technological advancement has brought‚ with itself‚ a new way of doing business and more precisely retail. Online networking is‚ today‚ part of human communication
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Overview In the first years of e-commerce‚ it was generally accepted that customer loyalty and online shopping were mutually exclusive. The Web seemed to make customer loyalty irrelevant; at the click of a mouse‚ shoppers could effortlessly cover the globe in search of the lowest price‚ with little to hold them at one site. Yet‚ while it’s true that online shoppers can skip easily from one site to the next‚ a highly loyal segment of online shoppers has emerged nonetheless‚ and tools such as Internet
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business world. Many companies are turning to e-commerce and e-business. One recent statistic states‚ “E-commerce and online auctions will see a 16.9% revenue increase by the end of 2009.†There is no doubt that E-commerce is taking its turn in the consumer world. Among this research is the corporate giant‚ Wal-Mart. In this paper we will be discussing the advantages‚ and the disadvantages of both e-commerce and brick and mortar businesses. E-commerce is helping both consumers and companies
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ARE E-COMMERCE VALUATIONS UNREALISTIC There are expectations of a $100 billion firm in the e-commerce industry. The valuation bar has only been raised with every round of funding in e-commerce. A firm that is valued at $1bn in November 2013‚ reaches a valuation of $3bn within four months‚ it jumps to $7bn figure again four months after that? Nothing surprising there given the potential of the sector. But all this rush of money into the system‚ in a short span of time is what worries one. Investors
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E-commerce and its big players Today‚ Ecommerce is the new mantra of business. The Internet provides an effective entrance strategy to the global market‚ even for the smallest players in the industry. With the universal ability to leverage on this additional dimension created by E-commerce today‚ which comes at a minimal cost‚ yet maximum efficiency‚ there is hardly any business without a supporting e-business platform in today’s world. Online retail giants such as Amazon‚ and of course‚ the up and
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E commerce and Business Start up Throughout the evaluation process of a potential new idea and in the development of new marketing strategy E-Commerce needs to be continually assessed. E-Commerce offers the entrepreneur the opportunity to be very creative and innovative; its importance is indicated in the continually increasing amount of both business to business and business to costumer e-commerce sales. It increase on the annual basis‚ according to com Score Networks‚ total Internet business
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Ans 1-: E-Commerce There has been a tremendous rise and increase in the e-commerce. E-commerce refers to Electronic commerce which includes buying and selling of goods carried out electronically mostly on the internet and World Wide Web. E-Commerce concept is in its full swing in India. The people of India have welcomed the E-commerce concept. There is continuous increase in the buying and selling of goods on the Internet. Psychographic Segmentation of Indian People And E-commerce Segmentation
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