The Business Idea For E Commerce Essay

2213 Words Jun 21st, 2016 9 Pages
It is essential to have a business plan before venturing into any commercial business. This will give help in giving roadmap on how the business will be able to compete effectively in the market. A good business plan must include all the necessarily steps that should be followed for the success of that business. The business idea/plan will depend on the type of the market that you want to venture. This paper will discuss the about the business idea for e-commerce.
E-commerce is the facilitation of trading products and services using the computer network such as the internet. This is acknowledged as one of the most advanced methods of trading since manufacturers and customers are not required to necessary meet for them to conduct business. There are various types of e-commerce, and it is important to select the best category that would ensure the success of your business. It is also necessary to note that electronic commerce draws on technology such as internet marketing, mobile commerce, online transaction and data collection system (Abrams, 2013). The introduction of e-commerce in business has transformed the way business is conducted in the modern world. It creates a bigger platform for the consumer to be an able select variety of products and services. The manufacturers are also benefiting since it provides a huge market for their products compared to what most of them have been experiencing before this new method. As the number of internet user is increasing daily in…

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