Benifits of e business and barriers
However, e-businesses are trying to resolve such issues by promising very limited delivery times.
This lends it a touch of humanity and credibility. Lack of skilled personnel:- there is difficulty in finding skilled www developers and knowledgeable professionals to manage and a maintain customer on line. Poon and Swatman identified SMEs as the key users of Internet commerce, while Rao et al considered SMEs the fastest changing sector of electronic commerce and Scupola posit that SMEs could substantially benefit from e-commerce.
Which of the following is an advantage of e business
For those that are not too familiar with the E-commerce definition, they usually do not realize that services can also be bought and sold. Personnel: A complete automation of check-out, billing, inventory management, payments and other type of operational costs lower the total number of employees that you require to run your ecommerce business. This ability enables you to provide co-branded websites for your specific customers and allows for websites catering to specific international spectators. Curie , cited in Owens and Beynon-Davies, divided e-commerce benefits into three main areas of: cost savings, time- savings, and quality improvements. Interestingly, studies by Bolongkikit et al apart from acknowledging the informative importance of electronic commerce applications also found the use of e-commerce for competitive research activity important. E-commerce system will handle everything. Payne nd notes that e-commerce will not benefit all economic sectors in the same industry in the same way, suggesting that it is most likely to benefit sectors that have information-intensive activities and products that can be used or delivered electronically. Basic demographics for respondent SME organizations As evidenced in table 3 below, the respondents were from a diverse group of SMEs in terms of business size, age and sector. Offer Product Datasheets: Consumers can also get description and details from an online product catalog. Notwithstanding the aforementioned arguments, these barriers are summarized in table 2 below. Gilmore, A.
You surely want to spread your business and find customer from other sides of your country or even from other sides of the world.
Various studies notably Owens and Beynon-DaviesRamsey et alLooi and Bolongkikit et al attest to this fact. Personnel: A complete automation of check-out, billing, inventory management, payments and other type of operational costs lower the total number of employees that you require to run your ecommerce business.
This study adopts a broad perspective with regard to e-commerce and defines e-commerce as performing any business process electronically Stansfield and Grant, a and b. Physical services may include local businesses that have a website allowing potential customers to pay for and schedule services can complete its job at a later date.
What is e commerce and what are the advantages of e commerce
Are there any limitations or disadvantages or limitations of e-Business? Authors are requested to submit articles directly to Online Manuscript Submission System of respective journal. You can sell to anyone in the world with E-commerce. Some business process may never be available to ecommerce:- Some items such as foods, high cost items such as jwellery may be impossible to be available on the internet. Pease, W. However this conflicts with findings from Walczuch et al and Simpson and Docherty who found costs as not being a barrier to the adoption of electronic commerce usage. It also builds trust with the customer. Despite
E-commerce benefits that are of relevance to SMEs are summarized in table 1 below.
based on 57 review