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What Are the Biggest Barriers to E-Commerce?
According to a survey conducted, shoppers don’t trust e-commerce, they can’t find what they’re looking for, and there’s no easy way to pay for things. Other than that, it’s smooth sailing.
Customers are worried about credit card theft, the privacy of their personal information, and unacceptable network performance. Most shoppers still aren’t convinced that it’s 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 hasn’t 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, that’s the view of an international management consulting firm.

These virtual communities are already making their presence felt. Investment site lets member’s 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 couldn’t 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 Hifunda’s 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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