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What
Are the Biggest Barriers to E-Commerce?
According to a survey conducted, shoppers dont
trust e-commerce, they cant find what theyre
looking for, and theres no easy way to pay for things.
Other than that, its smooth sailing.
Customers are worried about credit card theft, the privacy
of their personal information, and unacceptable network
performance. Most shoppers still arent convinced that
its worthwhile to hook up to the Internet , search
for shopping sites, wait for the images to download, try
and figure out the ordering process, and then worry about
whether their credit card numbers will be flicked by a hacker.
To convince consumers, e-merchants will have to do a lot
of educating. However, most buyers will soon be won over
in just a few years when more and more and business will
be linked up. If Web pages were labeled with tags giving
products and pricing information, it would be easier for
search engines to find stuff to buy online. That hasnt
happened yet, because merchants want people to find their
products but not their competitors especially if
another companies are cheaper.
Who
Stands to Loose from Business Moving Online?
The companies most directly threatened by e-commerce include
travel agencies, entertainment ticket operations, mail-order
catalogs, and retail stores- particularly software stores.
E-commerce is already successfully invading their territories.
As Bill Gates puts it, e-commerce is about to eliminate
the middleman. The buzzword of the day is disintermediation,
a way of saying that anyone between the seller and the buyer
is in big trouble. But a closer look reveals that e-commerce
may be creation of a new kind of middleman.
What
is the future of E-Commerce
Rest assured, there is a bright future for e-commerce. Once
the details of online commerce are worked out, it and the
Internet in general could reshape the structure of the business
world.
The huge growth of virtual communities people getting
closer together in ad hoc interest groups online
promises to shift the balance of economic power from the
manufacturer to the consumer. At least, thats the
view of an international management consulting firm.
These virtual
communities are already making their presence felt. Investment
site lets members exchange investment advice without
the benefit of a stockbroker. Virtual communities erode
the marketing and sales advantages of large companies. A
small company with a better product and better customer
service can use these communities to challenge larger competitors
something it probably couldnt do in the real
world. Expanding markets through virtual communities, Companies
would rather than fight the trend, and some smart companies
will help build such communities and use them to reach customers.
Successful selling on the Web requires a complex blend of
Web design and database programming, server configuration
skills, promotion and marketing savvy and much more.
Fortunately
the web can help. This spotlight will point you to tips
on how to set up and run online business, and Hifundas
own special brand of e-commerce insight. Hifunda will also
show you other e-commerce services and software for everything
from outsourcing the store to processing. Hifunda has also
included links to helpful e-commerce articles, tutorials,
and resource sites from around the Web. All one needs is
something to sell.
Press
Contact:
info@hifunda.com
Phone: (91 033) 247 7110/2871980-81
Fax: (91 033) 280 8200
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