• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

AO3 - How e-commerce has affected the way people buy goods

Extracts from this document...


´╗┐Types of E-Commerce 1. Electronic data interchange (EDI) between companies 2. Supermarkets 3. Banks 4. Specialist Retailers 5. Auction Sites 6. Organisations, clubs etc where e-commerce is not the primary function of the website 7. Price comparison websites E-commerce also known as electronic commerce consists of the buying and selling of products or services over electronic systems such as the internet and other computer networks. E-commerce consists of four main elements: 1. An online catalogue displaying goods for sale 2. A shopping cart system allowing users to pick the goods and place an order for them 3. A payment system that receives and encrypts credit card details for processing 4. An order processing and completion system by which orders are managed and goods delivered to the purchaser A large percentage of electronic commerce is conducted entirely electronically ...read more.


It reduces in staffing and/or high street stores thereby reducing costs 4. It provides the option to offer 24 hour shopping at minimum additional cost Disadvantages There are some disadvantages of e-commerce such as: 1. Stiffer competition - businesses once competing with the shop in the next town now find themselves competing on a global scale. 2. Staff reductions - with increased competition, local companies may have to reduce their work force. 3. Cost of restructuring - the move to e-commerce may not be a smooth one and will certainly require a degree of investment. 4. Customer concerns - if high street stores are closed in an effort to save money, customers who prefer to shop on the high street may not be comfortable buying online so may go elsewhere. ...read more.


With the variety of websites, people can easily order a specific product of their choice. Cost When selling products there are set-up and maintenance costs. Firstly, a domain needs to be registered which costs £5 to £20. Next is hosting of a site, which for the average e-commerce store of several hundred products, will cost around £100 a year. Flexibility E-commerce has allowed both retailers and customers to increase flexibility. For retailers it has allowed access to more customers without having to invest in a new store at a location first and also it has allowed them to have greater flexibility. For consumers it has allowed people to shop around for the best price and not suffer from the threat of overpriced goods at your local store. It also allows a consumer to remove the hassle of going to the shops. Unit 8: AO3 - How E-Commerce Has Affected The Way People Buy Goods ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE ICT Systems and Application section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE ICT Systems and Application essays

  1. E-commerce Report. What is e commerce?

    As you can see, in our modern world, ecommerce is use widely and clearly has an effect on the individual. How has ecommerce changed the way people buy goods and services? I am now going to explain the way people buy goods and services using five categories.

  2. task2-report-template 3

    2.1.4 User Requirements [2-4] * Changing data The users need to be able to change data easily and keep them in one place to find it easily when needed. The users need to be able to change all the information about laptops and customer details.

  1. Adam Property Maintenance - System analysis.

    given any specific tasks and which location the engineers will operating in each day. Then the job log list can be produced as shown below: Name: Peter Date: 09/10/02 TIME/COMP JOB ADDRESS JOB DESCRIPTION PHONE NUM 9-12 57 Hindhead Gardens, Middx UNF 5NF Toilet Handle is broken repair/replace +living room

  2. "Of all the supermarkets that offer shopping online, it is more expensive to buy ...

    The variables were the availability of products, prices and quantities. When choosing which products I was going to find the prices of, I had to make sure they were things that every supermarket would sell. I also had to make sure that when I was on the websites looking for

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work