The e-economy: the end of traditional business?

Résumé du document

With the development of media, particularly with the Internet, exchanges have been developing all over the world. It has been accentuated by the globalization that drives companies to intensify their exchanges at the international level. Slowly, new modes of trade have appeared, like the e-business, developing itself while replacing traditional business approaches. One may wonder that if the e-business is going to dethrone traditional business in few next years. The e-business is the trade of goods and services between two entities on the Internet. The term "e-business" has been invented by Lou Gerstner, president of IBM.

Extraits

[...] EBay use a recipe for success; in fact eBay has understood 3 point: being close to customers develop a good after sale service to guarantee security of online payment be easy to use To conclude, E-business is a complement of traditional business. In fact some people prefer buy in a shop, to specific product as Art, Jewelry, luxurious products Even if the confident in online purchase increase, there are still fears and brakes. So e-commerce doesn't replace the traditional business yet. But a threat, and traditional company have to consider the e-business as a major competitor. Annexes Source: annual meeting of stockholders 2008. eBay Source: annual meeting of stockholders 2008. [...]

[...] They can be deceived at the reception because they didn't see the goods as it is in reality. It's risky for companies because some customers may not place orders because of it. Relationship : Another big difference with the traditional business is that there is no more contact between customers and sellers. That's a bad point because most of the time, customers need the help or advices of a seller. It's very important, especially when you buy thoughtful product (very expensive) because it's a real investment. [...]

[...] Advantages and disadvantage of e-business 1. I Advantages of the e-business The e-commerce has become a very valued way of exchange on the Internet. Indeed, the e-business comprises lots of advantages, not only for consumers but also for companies. Advantages for customers: The e-economy involves different advantages for consumer that makes him appeal by this new way of trade. A Wide offer : Nowadays, many goods and services are disposable on the Internet: everything within arm's reach! From clothes, CD's, books, food, tickets, to holidays, or flats. [...]

[...] First of hall, the main target is private sale. We talk about consumer to consumer business. The sellers want to get rid of goods while making money. They are two possibilities, sell by auction or set price. The buyer looks for bargain offer, specific product, collector items; cheaper luxury article More over, eBay do business with this Trading partners. Big brands can destock this production on eBay. It's an opportunity to buyer and seller, because this production can't be sell in traditional business, store. [...]

[...] The company attaches a great importance to social project. Indeed, eBay realizes social venture: worlofGood.com purposes “socially responsible” goods. eBay for charity is website to fund-raising to charity causes. In 2002, eBay acquired Paypal is the leader of online payment. It's easy to use, it just necessity an address email to securely, quickly send and receive payments online. Then company acquired Skype, the most famous software of internet communication to extend this portfolio of ecommerce companies. Last year, the gross of sales merchandises was 60 million EBay's strategy “Practically anyone can trade practically anything . [...]