The Process of E-commerce Website Development- Let’s Get Started! There are many ecommerce tools and technologies required to build an e-commerce store and operate a successful online business. Both software and hardware technologies must be included in your e-business plan. Web Server; A web server is used to host an e-commerce website.
.E-commerce is the activity of buying or selling of on online services or over the. Electronic commerce draws on technologies such as, (EDI), and automated systems.Modern electronic commerce typically uses the for at least one part of the transaction's life cycle although it may also use other technologies such as. Typical e-commerce transactions include the purchase of online books (such as ) and music purchases ( in the form of such as ), and to a less extent, customized/personalized online services. There are three areas of e-commerce:,. E-commerce is supported by.E-commerce businesses may also employ some or all of the followings:. for to consumers via and, and via, and.
Providing or participating in, which process third-party business-to-consumer or consumer-to-consumer sales. buying and selling;. Gathering and using demographic data through web contacts and social media. Business-to-business (B2B). Marketing to prospective and established by or fax (for example, with ). Engaging in for launching new products and services.
Online financial exchanges for currency exchanges or trading purposes. Contents.TimelineA timeline for the development of e-commerce:. 1971 or 1972: The is used to arrange a cannabis sale between students at the and the, later described as 'the seminal act of e-commerce' in 's book.
1979: demonstrates the first system. 1981: Thomson Holidays UK is the first business-to-business online shopping system to be installed. 1982: was introduced nationwide in France by and used for online ordering. 1983: holds first hearing on 'electronic commerce' in Volcano, California. Testifying are CPUC, MCI Mail, Prodigy, CompuServe, Volcano Telephone, and Pacific Telesis. (Not permitted to testify is Quantum Technology, later to become AOL.).
1984: SIS/ is first B2C online shopping system and Mrs Snowball, 72, is the first online home shopper. 1984: In April 1984, launches the Electronic Mall in the US and Canada. It is the first comprehensive electronic commerce service. 1989: In May 1989, Sequoia Data Corp. Introduced Compumarket, the first internet based system for e-commerce.
Sellers and buyers could post items for sale and buyers could search the database and make purchases with a credit card. 1990: writes the first web browser, using a computer. 1992: in Cleveland opens a commercial sales website (www.books.com) selling books online with credit card processing. 1993: Paget Press releases edition No. 3 of the first , The. 1994: releases the Navigator browser in October under the code name.
1.0 is introduced in late 1994 with encryption that made transactions secure. 1994: becomes the first software available online for sale and immediate download via a partnership between and.
1994: 'Ten Summoner's Tales' by Sting becomes the first secure online purchase through. 1995: The US lifts its former strict prohibition of commercial enterprise on the Internet. 1995: Thursday 27 April 1995, the purchase of a book by Paul Stanfield, Product Manager for UK, from 's shop within CompuServe's UK Shopping Centre is the UK's first national online shopping service secure transaction. The shopping service at launch featured, /, Great Universal Stores , Past Times, and Innovations. 1995: launches and the first commercial-free 24-hour, internet-only radio stations, Radio HK and start broadcasting. 1995: is founded by computer programmer as AuctionWeb. 1996: The use of with replicated 'Storefronts' was an early implementation of electronic commerce started by a group of in and replicated to global partner sites.
1998: can be purchased and downloaded for printing from the Web. 1999: is established in China. Sold for US$7.5 million to eCompanies, which was purchased in 1997 for US$149,000. The peer-to-peer filesharing software launches. Launches to sell decorative items for the home online. 1999: Global e-commerce reaches $150 billion. 2000: The.
2001: achieved profitability in December 2001. 2002: acquires for $1.5 billion.
Niche retail companies and are founded with the concept of selling products through several targeted domains, rather than a central portal. 2003: posts first yearly profit. 2004:, China's first online b2b transaction platform, is established, forcing other b2b sites to move away from the ' model. 2007: acquired by for $345 million. 2014: US e-commerce and Online Retail sales projected to reach $294 billion, an increase of 12 percent over 2013 and 9% of all retail sales. Has the largest ever, worth $25 billion.
2015: accounts for more than half of all e-commerce growth, selling almost 500 Million SKU's in the US. 2017: Retail ecommerce sales across the world reached $2.304 trillion, which was a 24.8 percent increase than previous yearBusiness application.: e-commerce via chat.
in and logistics. and.
Domestic and internationalGovernmental regulationIn the United States, certain electronic commerce activities are regulated by the (FTC). These activities include the use of commercial e-mails, online advertising.
The establishes national standards for direct marketing over e-mail. The regulates all forms of advertising, including online advertising, and states that advertising must be truthful and non-deceptive. Using its authority under Section 5 of the FTC Act, which prohibits unfair or deceptive practices, the FTC has brought a number of cases to enforce the promises in corporate privacy statements, including promises about the security of consumers' personal information. As a result, any corporate privacy policy related to e-commerce activity may be subject to enforcement by the FTC.The Ryan Haight Online Pharmacy Consumer Protection Act of 2008, which came into law in 2008, amends the to address.Conflict of laws in cyberspace is a major hurdle for harmonization of legal framework for e-commerce around the world.
In order to give a uniformity to e-commerce law around the world, many countries adopted the UNCITRAL Model Law on Electronic Commerce (1996).Internationally there is the International Consumer Protection and Enforcement Network (ICPEN), which was formed in 1991 from an informal network of government customer fair trade organisations. The purpose was stated as being to find ways of co-operating on tackling consumer problems connected with cross-border transactions in both goods and services, and to help ensure exchanges of information among the participants for mutual benefit and understanding. From this came Econsumer.gov, an ICPEN initiative since April 2001.
It is a portal to report complaints about online and related transactions with foreign companies.There is also Asia Pacific Economic Cooperation (APEC) was established in 1989 with the vision of achieving stability, security and prosperity for the region through free and open trade and investment. APEC has an Electronic Commerce Steering Group as well as working on common privacy regulations throughout the APEC region.In Australia, Trade is covered under Australian Treasury Guidelines for electronic commerce and the regulates and offers advice on how to deal with businesses online, and offers specific advice on what happens if things go wrong.In the United Kingdom, The (FSA) was formerly the regulating authority for most aspects of the EU's (PSD), until its replacement in 2013 by the and the. The UK implemented the PSD through the Payment Services Regulations 2009 (PSRs), which came into effect on 1 November 2009. The PSR affects firms providing payment services and their customers. These firms include banks, non-bank credit card issuers and non-bank merchant acquirers, e-money issuers, etc. The PSRs created a new class of regulated firms known as payment institutions (PIs), who are subject to prudential requirements. Article 87 of the PSD requires the European Commission to report on the implementation and impact of the PSD by 1 November 2012.In India, the governs the basic applicability of.In China, the Telecommunications Regulations of the People's Republic of China (promulgated on 25 September 2000), stipulated the (MIIT) as the government department regulating all telecommunications related activities, including electronic commerce.
On the same day, The Administrative Measures on Internet Information Services released, is the first administrative regulation to address profit-generating activities conducted through the Internet, and lay the foundation for future regulations governing e-commerce in China. On 28 August 2004, the eleventh session of the tenth NPC Standing Committee adopted The Electronic Signature Law, which regulates data message, electronic signature authentication and legal liability issues. It is considered the first law in China's e-commerce legislation. It was a milestone in the course of improving China's electronic commerce legislation, and also marks the entering of China's rapid development stage for electronic commerce legislation. FormsContemporary electronic commerce can be classified into two categories. The first category is business based on types of goods sold (involves everything from ordering 'digital' content for immediate online consumption, to ordering conventional goods and services, to 'meta' services to facilitate other types of electronic commerce). The second category is based on the nature of the participant (, and );On the institutional level, big corporations and financial institutions use the internet to exchange financial data to facilitate domestic and international business.
And are pressing issues for electronic commerce.Aside from traditional e-commerce, the terms m-Commerce as well (around 2013) have also been used.Global trendsIn 2010, the United Kingdom had the highest per capita e-commerce spending in the world. As of 2013, the Czech Republic was the European country where e-commerce delivers the biggest contribution to the enterprises´ total revenue. Almost a quarter (24%) of the country's total turnover is generated via the online channel.Among emerging economies, China's e-commerce presence continues to expand every year. With 668 million Internet users, China's online shopping sales reached $253 billion in the first half of 2015, accounting for 10% of total Chinese consumer retail sales in that period.
The Chinese retailers have been able to help consumers feel more comfortable shopping online. E-commerce transactions between China and other countries increased 32% to 2.3 trillion yuan ($375.8 billion) in 2012 and accounted for 9.6% of China's total international trade. In 2013, had an e-commerce market share of 80% in China. In 2014, there were 600 million Internet users in China (twice as many as in the US), making it the world's biggest online market. China is also the largest e-commerce market in the world by value of sales, with an estimated US$899 billion in 2016.Recent research clearly indicates that electronic commerce, commonly referred to as e-commerce, presently shapes the manner in which people shop for products.
The GCC countries have a rapidly growing market and are characterized by a population that becomes wealthier (Yuldashev). As such, retailers have launched Arabic-language websites as a means to target this population. Secondly, there are predictions of increased mobile purchases and an expanding internet audience (Yuldashev). The growth and development of the two aspects make the GCC countries to become larger players in the electronic commerce market with time progress. Specifically, research shows that e-commerce market is expected to grow to over $20 billion by the year 2020 among these GCC countries (Yuldashev). The e-commerce market has also gained much popularity among the western countries, and in particular Europe and the U.S. These countries have been highly characterized with consumer-packaged-goods (CPG) (Geisler, 34).
However, trends show that there are future signs of a reverse. Similar to the GCC countries, there has been increased purchase of goods and services in online channels rather than offline channels. Activist investors are trying hard to consolidate and slash their overall cost and the governments in western countries continue to impose more regulation on CPG manufacturers (Geisler, 36). In these senses, CPG investors are being forced to adapt e-commerce as it is effective as a well as a means for them to thrive.In 2013, Brazil's e-commerce was growing quickly with retail e-commerce sales expected to grow at a double-digit pace through 2014.
By 2016, eMarketer expected retail e-commerce sales in Brazil to reach $17.3 billion. India has an Internet user base of about 460 million as of December 2017. Despite being third largest user base in world, the penetration of Internet is low compared to markets like the United States, United Kingdom or France but is growing at a much faster rate, adding around 6 million new entrants every month. In India, cash on delivery is the most preferred payment method, accumulating 75% of the e-retail activities. The India retail market is expected to rise from 2.5% in 2016 to 5% in 2020.The future trends in the GCC countries will be similar with that of the western countries.
Despite the forces that push business to adapt e-commerce as a means to sell goods and products, the manner in which customers make purchases is similar in countries from these two regions. For instance, there has been an increased usage of smartphones which comes in conjunction with an increase in the overall internet audience from the regions. Yuldashev writes that consumers are scaling up to more modern technology that allows for mobile marketing.However, the percentage of smartphone and internet users who make online purchases is expected to vary in the first few years. It will be independent on the willingness of the people to adopt this new trend (The Statistics Portal). For example, UAE has the greatest smartphone penetration of 73.8 percent and has 91.9 percent of its population has access to the internet. On the other hand, smartphone penetration in Europe has been reported to be at 64.7 percent (The Statistics Portal). Regardless, the disparity in percentage between these regions is expected to level out in future because e-commerce technology is expected to grow allowing for more users.The e-commerce business within these two regions will result in a competition.
Government bodies at country level will enhance their measures and strategies to ensure sustainability and consumer protection (Krings, et al.). These increased measures will raise the environmental and social standards in the countries, factors that will determine the success of e-commerce market in these countries. For example, an adoption of tough sanctions will make it difficult for companies to enter the e-commerce market while lenient sanctions will allow ease of companies. As such, the future trends between GCC countries and the Western countries will be independent of these sanctions (Krings, et al.). These countries need to make rational conclusions in coming up with effective sanctions.The rate of growth of the number of internet users in the Arab countries has been rapid – 13.1% in 2015. A significant portion of the e-commerce market in the Middle East comprises people in the 30–34 year age group.
Egypt has the largest number of internet users in the region, followed by Saudi Arabia and Morocco; these constitute 3/4th of the region's share. Yet, internet penetration is low: 35% in Egypt and 65% in Saudi Arabia.E-commerce has become an important tool for small and large businesses worldwide, not only to sell to customers, but also to engage them.In 2012, e-commerce sales topped $1 trillion for the first time in history.Mobile devices are playing an increasing role in the mix of e-commerce, this is also commonly called mobile commerce, or m-commerce. In 2014, one estimate saw purchases made on mobile devices making up 25% of the market by 2017.For traditional businesses, one research stated that information technology and cross-border e-commerce is a good opportunity for the rapid development and growth of enterprises.
Many companies have invested enormous volume of investment in mobile applications. The DeLone and McLean Model stated that three perspectives contribute to a successful e-business: information system quality, service quality and users' satisfaction. Store closing flags outside a in New Jersey. Despite investments, the chain struggled to win market share in the age of digital commerce.E-commerce markets are growing at noticeable rates. The online market is expected to grow by 56% in 2015–2020. In 2017, retail e-commerce sales worldwide amounted to 2.3 trillion US dollars and e-retail revenues are projected to grow to 4.88 trillion US dollars in 2021. Traditional markets are only expected 2% growth during the same time.
Retailers are struggling because of online retailer's ability to offer lower prices and higher efficiency. Many larger retailers are able to maintain a presence offline and online by linking physical and online offerings.E-commerce allows customers to overcome geographical barriers and allows them to purchase products anytime and from anywhere. Online and traditional markets have different strategies for conducting business. Traditional retailers offer fewer assortment of products because of shelf space where, online retailers often hold no inventory but send customer orders directly to the manufacture. The pricing strategies are also different for traditional and online retailers. Traditional retailers base their prices on store traffic and the cost to keep inventory.
Online retailers base prices on the speed of delivery.There are two ways for marketers to conduct business through e-commerce: fully online or online along with a brick and mortar store. Online marketers can offer lower prices, greater product selection, and high efficiency rates. Many customers prefer online markets if the products can be delivered quickly at relatively low price. However, online retailers cannot offer the physical experience that traditional retailers can. It can be difficult to judge the quality of a product without the physical experience, which may cause customers to experience product or seller uncertainty. Another issue regarding the online market is concerns about the security of online transactions.
Many customers remain loyal to well-known retailers because of this issue.Security is a primary problem for e-commerce in developed and developing countries. E-commerce security is protecting business' websites and costumers from unauthorized access, use, alteration, or destruction.
The type of threats include: malicious codes, unwanted programs (, ),. E-commerce websites use different tools to avert security threats. These tools include, digital certificates, and passwords.
Impact on supply chain management. Main article:For a long time, companies had been troubled by the gap between the benefits which supply chain technology has and the solutions to deliver those benefits. However, the emergence of e-commerce has provided a more practical and effective way of delivering the benefits of the new supply chain technologies.E-commerce has the capability to integrate all inter-company and intra-company functions, meaning that the three flows (physical flow, financial flow and information flow) of the supply chain could be also affected by e-commerce. The affections on physical flows improved the way of product and inventory movement level for companies. October 2016.
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Earning a master’s degree can greatly improve your ability to succeed in your career. Once you have completed an undergraduate program, you might be eligible to enroll in a graduate degree program and get a headstart on your post-graduation career.What is a Master in e-Commerce? In the modern day, businesses rely on electronic solutions to make everything from marketing to management more effective. Students studying the field of e-commerce learn about the electronic mediums that make this possible and the business side to understand the transactions and operations they will help develop. Common courses of study include technology, economics, and information technology.The field of e-commerce combines applicable technology with the relevant area of business.
This benefits students by providing a unique and highly sought-after focus. They will be prepared to enter advanced careers, become leaders, and enjoy higher salaries than they would with an undergraduate degree.Enrolling in a Master in e-Commerce program has varying expenses. Certain factors, such as the school and program of choice, change the tuition and other expenses.
Different countries also have different standard expenses. Explore a generous variety of programs to find the best fit for you and your financial and education needs.There are many more careers in e-commerce than you might initially suspect. If you are interested in marketing and statistics, you can become a market research analyst or statistician. You can have a focus in multimedia design to pursue a career in web development and design.
Additionally, it is possible to focus your e-commerce program around computer science to become a computer systems analyst or information technology manager. E-Commerce is a highly adaptable degree that may allow you to have several career options.The best way to begin the process of earning your Master in e-Commerce is to find an appealing program. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form. For students interested in digital, e-commerce, web marketing and project managementWhether you come from a Computer or management courses, the Master Digital Commerce you will acquire a global competence on a very attractive sector. You will become a professional in both strategic and operational, able to work effectively with all trades, capable of managing transversal projects in all areas of trade connected.National Diploma recognized by the State This master form new generations of professionals, at ease both in digital technologies, web marketing and management. To meet the need of the market, the master is co-built with web companies in the region.
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NB it is necessary to have an advanced level of the Italian language to access the coursesContents and Program of the Master in E-CommerceThe E-Commerce Master course is, among our e-commerce and ecommerce Milan courses, the one designed to concretely support those who want to start or manage an E-commerce project. A team of 15 specialists chosen and coordinated by us will teach in the 15 training modules in which the course is articulated, all that is needed to be able to work professionally at the highest levels in the e-commerce world. Below are the 3 main areas in which the E-COMMERCE Master Course is divided:1.
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The recognition and merit of both institutions offer a prestigious formation at an international level.Why choose this Master?You will become a professional Digital Marketing quoted and you will be expert in the latest trends and you will be able to successfully develop in any area of Online Marketing. The Master in Electronic Commerce and Digital Marketing brings you the necessary skills to lead projects in digital environments. One of the important aspects of this master's degree is the integration of digital marketing techniques with eCommerce, which enables you to create and manage digital projects that enable good economic results for our organizations. Also, you can carry out different visible projects that will allow you to analyze the disadvantages and the advantages of each of them thanks to the practical cases that we offer.By studying at ISEB you will receive the advice of experts and tutors who, together with the study methodology, will ensure your professional success.
Why Online Master in Digital Marketing and E-commerceBecome a Master student in digital marketing and e-commerce at a Business School where “Digital” is at its Core. GBSB Global Business School is the only higher education institution in Spain accredited by Microsoft as official Microsoft School and a leader in digital education. Earn a dual degree at the University of AlcalaProgram DescriptionDigital marketing has turned into an essential part of marketing management of practically any company in every industry. Online Master in Digital Marketing aims to educate students and ensure that they are prepared for the challenges of modern digitally transformed international economy that require multitasking skills, ability to learn and adapt fast, flexibility, and connectivity. Online Master in Digital Marketing provides students the skills required in the industry of digital marketing and teaches them to manage an integrated system of various communication channels, platforms, tools, and digital marketing models across different international markets.
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This specialization will enrich your professional career as an expert in the Digital Marketing and ecommerce sector.The official online Master's Degree in Marketing, which has recognized the validity of official studies (RVOE) granted by the SEP, will make you an expert in the latest trends in digital marketing.With this title you will develop the necessary knowledge to empower yourself in possible managerial roles at the level of Marketing and Digital Advertising. Topics such as. Technology and the new digital ecosystem, above all the Internet and social networks, have changed the way we inform ourselves and buy as consumers, as well as the way we communicate and relate to our customers. PresentationThe e-Commerce sector grows unstoppably creating jobs in each and every one of the stages of its value chain.