Impact Of Electronic Commerce On Physical Stores - 891 Words

Literature Review The purpose of this document is to study what is the impact of electronic commerce to physical stores, it is necessary to look at e-commerce development brought opportunities and challenges on physical stores. In order to obtain real results, first of all, There is a comparison e-commerce and physical stores, And then analyze the electronic commerce brought opportunities and challenges on physical stores. Advantages of electronic commerce With the accelerated pace of life, some people do not have much time to go shopping, but they have shopping needs. In the network, the seller can quickly communicate with the seller and to reduce the limitations of distance, buyers and sellers can communicate more effectively, while avoiding waste of time that searching goods in physical stores(Malone et al., 1987; Wildman Guerin-Calvert, 1990). It has been argued electronic commerce is factory direct sales or some traders selling directly to consumers after buy products from manufacturers (Wigand Benjamin, 1995; Wigand, 1997). Compared with the store, there s no surcharge for too much, such as labor costs, shop rental costs, water and electricity fees, these reduce operating costs, So cause the electricity supplier can use lower prices to sell products With the rapid development of e-commerce in the world, companies have realized that the key of success and failure is not just low price, it include electronic service quality, e-commerce need to has aShow MoreRelatedTechnology Makes the World Smaller1697 Words   |  7 PagesTechnology Make the World Smaller Office 2004 Test Drive User Table of Contents Commerce 4 Dell6 Ebay 7 E-cash8 Work Cited11 Footnotes12 Technology Makes the World Smaller The international marketplace is changing very fast every day. E-commerce and E-Business is now one of the standard ways to do business. 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