Chapter 9 Business: E-Commerce

ITGS Presentation Business E-Commerce (Matt Glover)

*Watch in 720p*

[analu]

E-Commerce is a new different way of commercing. There are many stores that have items online that can be sold through the use of internet. There are also several sites that are only online sites that don't even have physical stores. This includes Amazon and EBay. Honestly I think that this is a really great way of promoting commerce. This has probably increased the economy in the united staes and all over the world.

[tylerriley]

E-commerce truly is the way of the future in terms of business transactions. Why leave the comfort of your home when you can find a wider variety of products often at a lower price and when you find the one you want it will be shipped to you? The thing that makes E-commerce so appealing is the fact that it is so easy and all you really need is a computer or some sort of device that is connected to the internet.

[jacobsalminen]

Electronic commerce has expanded in usefulness and efficiency over the past decade. We are able to order anything from food to cars. The biggest impact e-commerce has had, however, is its ability to open up information to a mass population. Instead of buying a lemon, a person can check several websites and make sure they are getting a good deal on a used car. 

[Yall_gaming]

E-commerce allows for business transactions to be made digitally. This is able to supplement their physical store sales. These have many advantages such as convenience, instant access, and there are usually user reviews. However, returns can be difficult and shopping can be slower because of the wait for delivery and there are security concerns about credit card purchases over the internet. M-commerce is another form that makes shopping possible even from mobile devices.

[jacobtuck]

E-commerce has become a massive industry in the past few years. Almost every single large store/corporation has an online shop and many, many smaller stores also have an online shop. Some marketplaces are solely online, such as Amazon. E-commerce allows people to shop for basically whatever they want straight from the comfort of their own home (or wherever else they are). Security is an issue because debit cards and credit cards are being processed online, so it is possible for hackers to steal the information.

[phillipmccormick]

E-Commerce has become more and more prominent as the internet has grown. Online stores such as Amazon have gained prominent marketshare, which has provided other businesses to enter this type of market. As said in the video, this includes best buy and target. This newfound success can be rationalized with the increased use of the internet in everyday life.

[jonathanhawk]

What will be interesting to see is to just what extent e-commerce will continue to grow. While it undoubtedly will, the growth of e-commerce may eventually lead a block due to the continued existence of physical stores. There is only so much people can buy, so the amount e-commerce can grow is tied to the health of the physical store side of commerce.

[danielle]

E-commerce is something that is becoming very widespread. Personally I love it because I hate going to the stores and shopping. It is so much easier to shop and look around on the computer. However there are ethical concerns of security, reliability and integrity, and the digital divide at stake. 

[jackieknap]

E-commerce is used by many companies like Best Buy and Target to carry out online transactions. As computers and technology continue to be a more prominent way of shopping more businesses will switch over to e-commerce so they can improve sales. Some companies like Amazon are found entirely online and do not have physical store sales like Best Buy and Target do. I think e-commerce is going to grow and possibly replace the need for physical store sales. 

[thomasvincze]

Electronic commerce is business that involves a transfer of information across the internet. They have been growing so much and are even developing to this day. I do not believe that this will be the standard means of business because you cant get it right when you want it and something are more reliable if you see the product in person.