E commerce india – 5 future trends for the next 5 years.v0, Project report titles for mba in e commerce and e-business, No public clipboards found for this slide. Hi: E-commerce has significant impact on emerging market. iv. India is proving to be a front-runner in one of the fastest growing e-commerce markets in the world. E-commerce has made a profound impact on society. Looks like you’ve clipped this slide to already. (4) Alibaba dominates the e-commerce sphere in China and in many parts of Asia, accounting for one-tenth of China’s total retail sales (including 75 percent of online sales). Electronic commerce (EC) has been recognized globally particularly in the developed markets as a mechanism for business organisations to reach global markets and guiding a wide spread of customers in different geographical locations. 1.6 Significance of the Study. E-Commerce facilitates fundamentally the movement of goods from suppliers to customers. iii. In the new economy customers expectations are very different than before. It is surprising however, to note that despite the enormous benefits derived from e-commerce in the field of business, trade, industry and commerce, in emerging markets like Nigeria, it is widely speculated by business analysts and stakeholders that most organisations and business operators hardly embrace the immeasurable advantages of e-commerce in their businesses. A company understanding of this difference and its ability to capitalize on it will be the key … The first step of such innovation is internet, which made the traditional commerce to evolve in to e-commerce trend. The impact is expected to increase as internet penetration in emerging markets increases. E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. The availability and continued growth of Internet technologies (IT) have created great opportunities for users all over the globe to benefit from IT services and use them in a variety of different ways. According to Johnson (2012) over 100 firms both local and foreign have shown greater interest in the sector alleged to worth over $50 billion annually. Electronic commerce industry has no doubt increased the percentage of local content in products and services as well as increased utilization of local capacity. 3. Related: Best eCommerce website product page practices that will grow your sales. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Other specific objectives are as follows: §  To examine the impact of e-commerce on rate of sales turnover. Inorbit mall, Pune-411006. The B2C e-commerce Market report includes overview, which interprets value chain structure, industrial environment, regional analysis, applications, market size, and forecast. As a result of changes in the landscape of ICTs, e-commerce is now growing rapidly in several emerging markets and developing economies (UNCTAD, 2015). Digital supply chain. In fact the role of online supermarket itself has undergone some significant changes in the last few years (Irene Yousept, 2004). 1.5 Research Hypotheses. About 80% of e-commerce is of this type, and most experts predict that B2B ecommerce will continue to grow faster than the B2C segment. §  To identify the relationship between e-commerce and business profitability. • Customers need to trust the e-commerce site and see the advantages of buying through e-commerce. This has been a concept that … We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Hi:     There is a significant relationship between e-commerce andoperational efficiency. Companies trying to tap this market would have to tweak their strategies at the product, country and city levels. What significant impact does e-commerce have on emerging market? H 1: E-commerce has significant impact on emerging market. Lifestyle International Pvt Ltd. 12. One wonders what a customer in desperate need of medical attention in the government hospital could do in such a situation. Role of eCommerce in Business. (5) Alipay and Wechat pay are the most p… EMQQ primarily focuses on the internet and e-commerce sectors of the developing world, helping investors capitalize on the growth of consumption in emerging markets, which represents a … E-Commerce has a chance to be widely adopted due to its simple applications. Can e-commerce influence the development of an economy? 9 | P a g e 2) Impact of e-commerce on market- Market share of E-commerce companies in India :- E-commerce business in India is expected to reach around $50-70 billion by 2020 on the back of a fast growing internet-connected population and improvement in related infrastructure like payment and delivery systems. It has created fundamental shift of market power from the seller to buyer taking into considerations provisions guiding business transaction on the internet. Due to technological advances economic transactions have become much easier and faster and this is mainly … India. E-commerce has a significant impact on business costs and productivity. China is the largest and most innovative retail e-commerce market in the world, and can serve as a model for growth in this sector for other countries looking to achieve the same. This is the type of e-commerce that deals with relationships between and among businesses. Big Data: Big Data or Hadoop methodology are handling a lot of data. BUSINESS ADMINISTRATION PROJECT TOPICS/MATERIALS. She said the industry has no doubt opened doors for the coming generation of young Nigerian entrepreneurs. In emerging markets, the e-commerce has been growing exponentially, and at a rate may soon surpass the developed countries in 2018. Ho: E-commerce has no significant impact on emerging market. A Regional operational conference Project Report on Due to so many advantages of e-commerce, it is the go-to method for small business owners. As a result of changes in the landscape of ICTs, e-commerce is now growing rapidly in several emerging markets and developing economies (UNCTAD, 2015). The impact of ecommerce on businesses is immense and cannot be exhaustively elucidated in a short article like this. Submitted by The study will be guided by the following research questions: i. The use of IT to conduct business online is known as Electronic Commerce (E-Commerce). E-commerce also opens up the market several folds, people who would never visit a physical shop are within range of the same shop’s e-store for advertising. The impact of e-commerce on emerging markets (a case study of konga). Hi:     There is a significant relationship between e-commerce and       sales turnover rate. 3)   Ho:    There is no significant relationship between e-commerce and operational efficiency. E-commerce has the ability to play an instrumental role in helping developing economies benefit more … Copyright © 2020 Edu Electronic Books NIG. A study conducted The following research hypotheses will be tested: 1)   Ho:    There is no significant relationship between e-commerce and     sales turnover rate. Ensuring on-time delivery is a key differentiating factor for companies in the e … Since 2015, the amount of internet users increased almost ten times from a decade prior. E-commerce refers to the use of communications technology particularly the internet to buy, sell and market goods and services to customers. A Read … E-commerce has the ability to play an instrumental role in helping developing economics benefit more from trade (WTO-2013). Does e-commerce has any significant impact on business profitability? “Impact of e-commerce” The web, the internet and emerging computing and communication technologies have redefined traditional boundaries of business in relation to time, geography and creating new virtual communities of customers and suppliers with new demand for products and services. See also how fintech is improving ecommerce businesses. This is a latest report, covering the current COVID-19 impact on the market. Hi:     E-commerce has a significant impact on business    profitability. Digital goods are goods that can be delivered over a digital network. 1.6 Significance of the Study. ii. The internet revolution is really about customers, suppliers, groups, organisations, government, and the general public. According to Tunde, (2013) Nigeria recorded an estimated 25 per cent growth in online shopping with revenues valued at N62.4 million in 2011. Online retailing in China is expected to grow from 17 percent of total retail sales in 2017 to 25 percent in 2020. Hi: E-commerce has significant impact on emerging market. Our primary objective is to assist and guide final year students with well researched and quality project topics, project works, research guides, and project materials, at a very reduced and affordable price. • E-Commerce has several impacts on business, including the need to change business practices and operations so as to take advantage of the benefits of e-commerce. MR.RAJESH HEMRAJANI & TEAM If you continue browsing the site, you agree to the use of cookies on this website. People can now shop online in the privacy of their own homes without ever having to leave. E-commerce is rapidly transforming the way in which enterprises are interacting among each other as well as with consumers and governments. E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. E-Commerce – Impact of E-Commerce: Impact on Direct Marketing, Organisation, Manufacturing, Finance and Supply Chain Management . CHAPTER ONE INTRODUCTION 1.1 Background of the Study The internet revolution is really about customers, suppliers, groups, organisations, government, and the general public. Given their dominance in terms of market share, … Ho: E-commerce has no significant impact on emerging market. H 2: there is a significant … Despite advances in computer systems and the acceptance of such technologies by organisations in the developed economies or markets, the same level of adoption is not evident among several organisations in developing economies or emerging markets like Nigeria, its adoption is very slow and characterized by infrastructural problem, government policies issue and so on. It is against this background that this research study is being carried out to investigate the impact of e-commerce on emerging markets with a particular reference to Jumia Nigeria Ltd and Koga.com. A quick look at what to expect: In 2017… 2.1 billion internet users in emerging markets. Buoyed by the sharp growth of E-Commerce in emerging markets, many companies have witnessed significant revenue growth. In the new economy customers expectations are very different than before. 1.6 Significance of the Study. With Amazon offering one-hour delivery service … See more business administration project topics here. The growing use of the Internet, tablet devices, and smart phones coupled with larger consumer confidence will see that e-commerce will continue to evolve and expand. Hi: E-commerce has significant impact on emerging market. Preview chapter one below. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. Electronic commerce has facilitated the emergence of new strategies and business models in several industries in developing countries, Nigeria inclusive. The present system of business transaction in most organisations in Nigeria is slow as a result of the manual processes that have become a drawback to operational efficiency as customers are asked to wait indefinitely on queue or come back another day because of the slow manual process or sometimes. The adoption of e-commerce in Nigerian business organisations has increased since the users of internet in Nigeria has grown from 0.1% in 2000 to 29.5% of its population in June 2010 and still has the potential to grow higher (Ayo, Adewoye and Oni, 2011). commerce has the ability to play an instrumental role in helping developing economies benefit more from trade. E-commerce provides an opportunity to the retailers to get real-time feedback, suggestions & testimonials of their customers. Hi: E-commerce has significant impact on emerging market. 1 | P a g e Hi: E-commerce has significant impact on emerging market. It has created fundamental shift of market power from the seller to buyer taking into considerations provisions guiding business transaction on the internet. The electronic commerce segment of the retail market has witnessed tremendous growth in terms of participation in the Nigerian economy in the last one year (Adewale, Ayo-Oyebiyi and Adebayo, 2013). A company understanding of this difference and its ability to capitalise on it will be the key to success. The main objective of this study is to assess the impact of e-commerce on emerging markets. Our materials are up to date, complete (chapters 1 -5, with abstract, reference, and appendixes), and well written by our professional team. E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. Download this complete Business Administration Project material titled; Impact Of E-Commerce On Emerging Markets with abstract, chapter 1-5, references and questionnaire. free project topics e-commerce site Here we discuss the social and economic impact of e-Commerce on society, and the main advantages and disadvantages. E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. What is the impact of e-commerce on rate of sales turnover? Hence, this research study seeks to examine the impact of e-commerce on emerging markets with a particular reference to Jumia Nigeria Ltd and Koga.com. According to Laudon and Laudon (2013) the trend of e-commerce began in 1995. THE IMPACT OF E-COMMERCE ON EMERGING MARKETS (A CASE STUDY OF KONGA) CHAPTER ONE INTRODUCTION 1.1 Background of the Study The Internet revolution was really about people customer and fundamental shift of market power from the seller to buyer. In this paper we will discuss about the different markets and retailers and impacts of e-commerce on them. Organisations operating in emerging markets like Nigeria cannot compete solely on past record of success in today’s rapidly changing business environment that is characterized by boundary blurring, disintermediation and hyper competition. The Internet has brought about a fundamental shift in national economies that are isolated from each other by barriers to cross-border trade and investment; isolated by distance, time zones and language; and isolated by national difference in government regulations, culture and business systems (Mohammad, 2004). E-commerce website has a lot of impacts on different markets and retailers. As, e-commerce achieves higher penetration rates in developing countries, and it will overcome obstacles to adopt the high-speed networks which are fast enough for Smartphone and shipping cost. See our User Agreement and Privacy Policy. In the new economy customers expectations are very different than before. |, Impact Of Defense Expenditure On Nigeria Economy 1986-2019, Perception And Attitude Of Pregnant Women Towards Hepatitis B Infection, Sports Radio Programme and Sports Fandom in Ibadan Metropolis, The State Security Challenges In Northern Nigeria, Assessment Of The Use Of Cosmetology In Video Film Industry, An Analysis Of The Effect Of Online Publication On The Revenue And Employment Levels Of The Punch Newspaper In Nigeria, The Impact Of Educational Facilities On The Academic Performance Of Students In Government Secondary Schools, Factors Affecting The Efficient Management Of Students Academic Records A Case Study Of Some Selected Government Secondary Schools In Aguata Local. Now customize the name of a clipboard to store your clips. H 0: there is no significant relationship between e-commerce and emerging market. Electronic Commerce provides the capability of buying and selling products and information on the internet and other on-line service. In the new doc, pdf Clipping is a handy way to collect important slides you want to go back to later. Effect Of Inventory Control Management On Performance Of Manufacturing Company. It has created fundamental shift of market power from the seller to buyer taking into considerations provisions guiding business transaction on the internet. The main way in which e commerce will affect the economy, in general, is its impact on productivity and inflation. Their ability to generate successful business models and strategies as well as new products, will be the key for their survival in the 21st century. In the new economy customers expectations are very different than before. Significant changes are happening in supermarket retailing with the introduction of online shopping, especially in terms of channel development and coordination, business scope redefinition, the development of fulfillment centre model and core processes, new ways of customer value creation, and online partnerships. The study the impact of e-commerce on emerging markets aimed to study how e-commerce aid in the economic development of developing countries, to identify the relationship between e-commerce and emerging market, to identify the significant impact of e-commerce on emerging market, to assess the influence of e-commerce in developing an economy. To move ahead of their rivals they need to seek innovation constantly at every level of activities. 1.6 Significance of the Study E-commerce has been hailed by many as an opportunity for developing countries to gain a stronger foothold in the multilateral trading system. You can change your ad preferences anytime. Thus it has a large economic impact. Edustore.NG is an academic website built in Nigeria that is registered with the corporate affairs commission (CAC: BN 2546302) with over 20,000 research material guides. Analysis Of Cost Optimization Of Port Operation A Case Study Of Warri Port, List of Business Administration Project Topics and Materials PDF, Best Commerce Project Topics and Materials PDF, AGRICULTURAL BUSINESS & FINANCIAL MANAGEMENT, INDUSTRIAL RELATIONS AND PERSONNEL MANAGEMENT. Case study of konga ): e-commerce has any significant impact on costs. In 2017 to 25 percent in 2020 economic impact of e-commerce on society, the..., country and city levels commerce to evolve in to e-commerce trend and emerging market functionality performance. For the coming generation of young Nigerian entrepreneurs as an opportunity for developing countries gain. 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