The paper "Growth of E-Commerce and the Internet" is a great example of an essay on e-commerce. Over the years, the e-Commerce sector has continued to show unprecedented growth. The growth is triggered by the rapid technology adoption developed by increasing application of tablets and smartphone devices, as well as increased access to the internet on broadband and 3G. This is a leading concept in increasing the online consumer base. Further, there are favorable demographics as well as a growing user base for the internet that has aided the growth concepts.
Growth of E-Commerce and the Internet The growth of E-Commerce shows homegrown aspirations and huge investor interests surrounding the companies as displayed with immense market potential (McGaw 821). The rise of e-Commerce behemoths including Alibaba and Amazon has heightened the level of competition. The international players have linked to deep pockets as well as the patience in driving the e-Commerce markets. Further, the strong domain in knowledge, as well as best practices, is fetched from the international experiences that give an additional competitive edge. The companies are part of international markets that are perceived as e-Commerce markets while evolving the awareness of the challenges and strategies of addressing underlying issues.
The market factors requiring evaluation prior to entering new eCommerce businesses include the nature of the organizational vision. E-Commerce companies need an understanding of the intricate elements of emerging markets as well as the internal limitations and capabilities. The factors to be considered include market size. Prior to moving aggressively to new markets, it is critical to making consideration of how sizable overall opportunities are. E-Commerce Readiness involves a full understanding of logistical and payment infrastructure, technological developments, consumer behavior, and retail opportunity (Ratnasingam 191).
The scope of growth looks into the internet penetration levels and the demographics surrounding the online buying population as well as understanding the development phase of every market. Barriers to entry allow for players to understand regulatory environments while connecting with solution providers, digital agencies, and content distribution networks.
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Ratnasingam, Pauline. Inter-organizational Trust for Business to Business E-commerce. New York: Idea Group Inc (IGI), 2003. Print
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