Tuesday, 18 December 2012
Google Working From Home - E-commerce Future
These statistics just provide a glimpse of the increasing impact of e-Business on our day-to-day lives. E-Commerce sales in the first quarter of 2008 accounted to 3.3% of the total sales. The first quarter 2008 e-commerce estimate increased 13.6% from the first quarter of 2007 while total retail sales increased 2.8% in the same period. An increase of 0.1% from the fourth quarter of 2007, 024.2 billion, total retail sales for the first quarter of 2008 were estimated at $1. An increase of 0.8% from the fourth quarter of 2007, retail e-commerce sales for the first quarter of 2008 was $33.8 billion. The estimate of U.S, according to the Census Bureau of the Department of Commerce.
Here are a few features one can expect from the future of e-Commerce, with rapidly growing technologies and constantly improving protocols. Internet and e-shopping saves a lot of time and gives opportunity to choose goods at best prices, as lot of people are virtually imprisoned by work and household activities. To make the transactions possible without actual hand to hand transfer of money, e-commerce is a powerful tool provided by the world wide web. Internet is a single gateway for everything, whether one wants to book air tickets or buy a pair of denims. By providing all kinds of products and services at the click of a button, the Internet has proved to be beneficial to mankind. The basic idea of a more comfortable life is dreamed by most of the people, with the advancement in the field of science and technology. Comfort also leaves one craving for more of it, like money and materialistic things.
Virtual Dressing Rooms
It will also provide flexibility and variety over one's choice and will help to look out for the perfect fit. And try the chosen dresses on it, which will enable the user to choose a 3D animated figure of his built, this problem can be solved with the implementation of new technologies. It gets hard to find good fitting clothes while shopping online through the various e-Commerce sites. Whether or not the apparel fits him and his personality, he can wear it and check out in front of the mirror, in a trail room. One can get the best fitting apparel by multiple trials, the biggest advantage of buying clothes by visiting a brand outlet or regular shop is that.
Improved Supply Chain Process
Which in turn will make the transactions easier for the end customers, e-commerce will be able to facilitate the supply chain process, in the near future. It involves everything right from purchase of raw products to the dispatch of finished goods. Which involved in moving a product or service from the supplier to the customer, activities and resources, technologies, people, supply chain process is the system of different organizations.
Sharing of Product Lists and More Choices
It will be possible to offer a provision of shareable lists to the people who want to use it, with the advancement in the web-based services. In order to find the best possible deals, these lists can be shared by many users and the products can be discussed online. It is possible to clip one's choices on the Internet and make a list for easier accessibility and payment options.
Easier Transactions and Better Delivery Options
With more vendors and franchisees to cater the needs of customers, the shipment charges may also decrease. And being able to choose times within 30 minute windows, ability to pick-up products from multiple drop off points and return them, the features offered may include night-time deliveries. Which can really make online shopping a better experience, there are a lot of future innovations coming up.
Secured Transactions
Providing a secured and non-fraudulent shopping experience for the customers, the protocols and procedures are supposed to get improved, with time and improved network security software. Authenticated communications across the Internet, there is the Secured Socket Layer (SSL) protocol which enables encrypted, for the security of these transactions. For making payments, a payment gateway provides a mechanism which sends credit card information from merchant account to the bank. One is always worried about the security threats imposed by hackers and various non-social elements, while making online payments.
In the near future e-Commerce will surely become a notion absolutely inseparable from the concept of the world wide web, with the increasing popularity of e-shopping.
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