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Sample Coursework Paper on E-Commerce

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Sample Coursework Paper on E-Commerce

E-Commerce

Industry

Description of the E-Commerce Model in the industry

 Website Examples

Education and Training

Continuing education is costly and just keeping up-to-date with advances often requires taking training courses and traveling to conferences. In the last 5 years, continuing education in many fields has been moving online faster. It is estimated that by 2016 over 50 percent of doctors for example, will be building their skills through online learning. Companies such as Cisco save millions by moving training to the Internet.

Fully online accredited PhD granting university: www.trident.edu

Auto

Recently, the online sales of auto spare parts and other accessories have increased by a large percentage compared to the normal sales.  The model of e-commerce has noted to be effective in improving the automotive market, in which the suppliers would be able to understand the consumer behaviors, preferences, and needs (Watson et al., 2008). However, the auto e-commerce model should improve their return policies to enhance the understanding of the customers.

CarMax is an example of fully operational auto online websites. http://www.carmax.com/.

Entertainment

The development of e-commence has been able to create many opportunities for businesses that uses technology to develop and distribute their technology solutions. Multimedia companies and entertainment persons need legal advice relating to intellectual property, litigation, and tax among other aspects. Such e-commerce experiences are available to the music, sports, film and other media representing athletes and artists in the entertainment industry. Nowadays, people can subscribe to entertainment channels that allow them to download multimedia content including music, videos and films.

YouTube a Google platform has taken e-commerce to another level in entertainment. https://www.youtube.com/.

Financial

With the inception of e-commerce in the financial industry, online banking has been able to allow customers to connect to online session from any mobile devices. This makes it easy and simple to access once bank account and perform transactions via the mobile phones (Basu & Muylle, 2007). Most important, it has become convenient for customers to access online transactions through the tablets, laptops, and PC among other devices. The financial services have been able to allow the customers purchase products and services from online websites using their bank savings.

Watson Hall ltd. offer independent advice to the banks on how to advance e-commerce models in the financial services. This has helped to meet the business needs. https://www.watsonhall.uk/.

Retail

Today, the online retail sales have outgrowth the physical retail companies in the U.S market.  For example, Wal-Mart had to start selling its products through the internet in order to increase its total revenues. Best Buy Canada has used the internet websites to bolster its booming sales. This has helped to reduce the traffic of shoppers in the retail stores.

Amazon.com is a recognized online retailer of movies, music and games in headquartered in the United States. http://www.amazon.com/.

Travel

Online travel in the United States has increased by 10 per cent over the last 5 years contributing to almost 20 per cent of the total e-commerce market. Most of the traditional travel agencies have shifted to online travel agencies through the development of market online travel services including store experience (Tiwari, Buse &  Herstatt, 2006). The online travel services focuses on tickets, train tickets, weekend’s visits, and bus ticket.   

Travelocity Travelers is an online travel website that facilitates the booking of flights and vacation packages. http://www.travelocity.com/.

Any other industry

In addition, health care sector has adopted the e-commerce model in trying to develop a strong supply chain and solutions for health care payment. This applies mostly in the field of laboratory diagnostics. For example, Siemens Healthcare Diagnostics has been on the forefront to develop strong e-commerce solutions in the health care industry.

Siemens has good reputation as one of the best health care organization in the U.S. http://usa.healthcare.siemens.com/services/laboratory-diagnostics/workflow-management/ecommerce/.

 

 

 

 

 

 

 

 

 

 

 

References

Basu, A., & Muylle, S. (2007). How to plan e-business initiative in established companies. MIT Sloan Management Review, 49(1). 

Tiwari, R., Buse, S., &  Herstatt, C. (2006). “From electronic to mobile commerce: opportunities through technology convergence for business services”. Asia Pacific Tech Monitor (New Delhi (India) 23 (5): 38–45. 

Watson, R. T., Berthon, P., Pitt, L. F., & Zinkhan, G. M. (2008). Electronic Commerce: The Strategic Perspective. 

 

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