In fact, many e-commerce websites are not following Indian laws at all and they are also not very fair while dealing with their consumers. The most common modes of electronic payments involves the use of credit cards, ATMs, Visa Cards, Master Cards and Smarts Cards, facilitated through electronic or digital technology.
He then places an order intimating the mode of payment which is generally through credit card or e-banking and advise the bank where he has credit card to debit the amount to his account.
Our goal was to take this experience online. Advances in Authentication Versatility Advances Technological advances in e-payments could involve integration of some of the authentication protocol used in online payments in portable, cheap, consumer affordable electronic gadgets such as cell phones.
There may be customers with different levels of knowledge looking to purchase the same product; the path-to-purchase for novices and those who know exactly what they want should be as short and simple as possible. Laurie Windham justifies her belief that as time goes on, sales will decrease instead of increasing.
Mass usage of internet: In case of purchase, one is not required to go from store to store to see the products to collect their details, prices etc. There are no taxation laws for these websites so the products are being sold at huge discounts in these sites. Some of the major causes not keeping taxation laws over ecommerce are that the government is not having proper knowledge about the structure of industry and the limitations that has to be given to the e commerce industry and what are the rights that should be given to them for selling the product Security of the information provided during the online transaction is a major concern.
E-commerce is good for branded products like automobiles, electronic goods, computers, electrical goods, branded garments, branded food products, music, books etc. Of course, establishment of e-courts in India and use of online dispute resolution ODR in India are very viable and convincing options before the Indian Government.
However, e-commerce in India has also given rise to many disputes by the consumers purchasing the products from e-commerce websites. In many cases this is the most important reason for companies to choose cloud computing.
Open source nature of the platform brought about an unrestricted field for brands to convey their individuality — to experiment, to stand out. In most of the cases whole process takes couple of minutes and goods reaches the consumer within half an hour to one hour if he is a local consumer, it is claimed so by sellers.
Of course, product quality, merchandising, and customer communication are crucial in a success of any retail business, but what else is keeping visitors from becoming customers?
E-commerce, Windham says, is a fickle world with little, if any, customer loyalty Fortune, So there is a positive response from the international e commerce industry that is trying to enter into India.
A Study on Indian E-Commerce Industry 39 Consumerization of the online customer experience requires closer scrutiny of e commerce: In there was YK2, problem and customers had to wait to get product of their choice.
Transmission capacity of a communication channel is a major barrier for products that require more graphical and video data. Thus small suppliers cannot get business through internet.
Companies will need to have strong anti-corruption programs for sourcing and vendor management, as well as robust compliance frameworks. A company can activate an ecommerce application five times faster and sell directly through a platform that is managed remotely.
In physical sales place and distance is also a problem which is no problem in e-commerce because one can see sites all over the world without moving out of the house. Given the variety of solutions, IT leaders must research their options carefully in order to select the one that best meets their needs.
IT leaders have an unprecedented number of CSPs from which to choose. Inabout 40 million consumers purchased something online and number is expected to grow to 65 million by with better infrastructure in terms of logistics, broadband and Internet ready devices will be fuelling the demand in ecommerce.
Studies found that consumer confidence in using the Internet for shopping reached very high levels, which were due to a number of factors. Then, the customer is presented with a list of products that are recommended for their unique situation.
Benefits of using cloud computing over E-commerce: For this e commerce companies need higher bandwidth than usual. But to many distribution executives, online fulfillment poses a significant challenge to their existing knowledge, experience, and resources.
However, whatever cloud computing solution they select, the application will need access to customer data, product data, fulfilment systems and other operational systems in order to support e-commerce.
Further, there are great chances of fraud in-spite of all the precautions. They will also be slightly older than the norm and they will be more fearful and cautious about privacy and security.This free Business essay on Essay: A Report on E-Commerce Industry is perfect for Business students to use as an example.
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In this paper, I will talk about the advantages along with the disadvantages of e-commerce. E-commerce consists of many things. People today are aware of the common phrase 'e-commerce', but there is a lot more to it then they are aware of. Essay on The Conveniences of E-Commerce Words | 4 Pages The Conveniences of E-Commerce As a child, going shopping consisted of packing the family into our station wagon and driving an hour to a decent sized mall in another town.
Electronic commerce, commonly known as e-commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as.
Meaning of E-Commerce: The fast and dramatic changes in information technology specially in last one decade has given new concept of marketing in which buyer and seller do not see each other face to face nor see the goods physically; the whole transaction is carried out with the help of ‘on line’ communication.Download