Electronic Commerce Essay Research Paper One of free essay sample

Electronic Commerce Essay, Research Paper One of the fastest turning industries today is electronic commercialism. Almost anything can be purchased, traded, or sold all via the Internet. A individual sitting in their life room dressed in pyjama on a showery Saturday forenoon in mid December can hookup to the cyberspace and put their command on a new cheat set for the vacations without of all time puting pes in the section shops. They can pay for it with their recognition card through a unafraid dealing and have it delivered right to their door in a twosome of yearss for less than they could acquire it retail. An article by Jan Thomas said that the electronic commercialism industry is dining and that it has grown at an dismaying rate of over 2000 per centum since last twelvemonth. She continued to state that she predicts that it will go on to turn at an even faster rate, as more and more merchandises become available online and that cognition of Internet commercialism is truly go oning. ( 34 ) One of the major grounds that this industry is dining is because buying over the Internet has been made really easy compared to the traditional manner of shopping. Ordinarily a consumer will take the childs and heap in the household auto and caput to the local shopping promenade. Once they get at that place they will happen what they are looking for merely to be told by the rude, pushful gross revenues individual that it is out of stock. After they get pushed into something other than what they came for they will wait in a line similar to that of Space Mountain at Disney World. Finally they will head for place after passing about an norm of 2.5 hours ( Sparkman 24 ) . On the other manus, shopping on the Internet is takes no clip at all. The consumer would log on to their Internet service supplier and indicate their browser to one of many topographic points depending on their demands. They can read about the merchandise characteristics and benefits, see how it compared to othe r theoretical accounts in similar monetary value scopes and even see colour images. If they want to buy it, they can utilize their recognition card without fright that the Numberss will fall into the incorrect custodies. This is all done in much less clip than it takes to merely drive to the promenade. Another ground for the roar in on-line commercialism is the fact that the monetary value of computing machines has been driven down by the Asiatic economic system crisis. Families who could non afford a computing machine in the past now can. This vacation season the local Best Buy had a computing machine system advertised for $ 499.98, which included a proctor and a pressman. This clip last twelvemonth the lowest monetary value on a complete system was about $ 1199.98. Harmonizing to a recent survey by the Dunc an group, merely 35 per centum of American families presently have a computing machine. About six per centum of them even knew that they could truly buy online. When asked if they would see buying online, and overpowering 67 per centum said they would rebelliously look on the Internet before traveling to the section shops ( 34-35E ) . Harmonizing to one Best Buy shop director, they have been selling computing machines at a rate of about 40-60 computing machines per twenty-four hours. As monetary values continue to fall and more and more houses are equipped with the ability to shop online, we will go on to see the rapid growing of this industry. There are the critics who say that electronic commercialism is non the manner of the hereafter. They believe that it is merely non the same to try to buy something over the Internet. One individual told me that seeking to purchase something through electronic commercialism was like shopping at Dillards after they have closed. He had some inquiries on compatibility and there was cipher to assist him. I agreed that in certain cases shopping online might non be the right thing for every purchase, nevertheless it was much faster than conventional shopping and he was non pushed into passing more than he was prepared to. Another critic said that she merely does non believe that her recognition card Numberss are safe being sent across the phone lines. I had explained that wherever she uses her recognition cards they excessively use the phone lines to convey the Numberss for blessing merely as the Internet would. Besides, most reputable online companies use some type of encoding package that was made particularly for electronic commercialism. A spokesman from IBM says that Internet security is the best is has of all time been. If the Bankss trust it, why shouldn T you. ( Segal 45-46 ) Be on the sentinel for more and more advertizements about on-line commercialism. Just think, as more and more companies develop their online divisions, you will shortly hold the ability to shop anyplace in the universe right from the comfort of you ain place. Thingss that were merely available in other parts of the state and other parts of the universe will shortly be available to you all at your convenience and rght from place. It will go on. It is go oning now. 49e Duncan Group. American Electronics Survey. Wall Street Journal 14 November 1998. 34-34E. Sparkman, Guy. Shoping this Holiday Season, Watch out! Sun- Sentinal Special edition 23 November 1998. 24. Segal, Hy. IBM Security Software is hot material. Byte August 1998. 45-46. Thomas, Jan. Online commercialism in he 90 s. Are you ready? E-Com September 1998. 34.