satyamnotes
The blog of Satyam Roychowdhury
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07Jul
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Exploring E-commerce

Internet, the gigantic library, is a medium that has dissolved the boundaries of the world. Erasing those boundaries has led individuals to transform, develop and change almost everything they do about their business. Entrepreneurship is a major accomplice of innovation that helps to introduce new ideas in the market, boost global economy and create employment opportunities.

In shaping the country’s economic landscape, the entrepreneur carries the business towards a profitable end. It comes as no surprise that internet is one of the major tools that successful entrepreneurs embrace to reach new peaks in business. The interrelated networking across boundaries provides a platform to introduce new ideas to sell goods and services, commonly defined as e-commerce.

E-commerce activities develop an online presence that helps in meeting the needs of diverse users. The most amazing aspect of e-commerce is its ability to expand its reach to national as well as international base of potential customers. Instead of having physical presence on every street corner entrepreneurs are facing challenges and competing online. Opening doors on the internet provides information about what is being offered by the competitors in the same physical geography and also about the ones who share the cyberspace to spark sales.

Entrepreneurs embrace technology to enhance effectiveness and efficiency. Small or big, any organisation has to use e-commerce in some or the other way for their commercial ventures. It benefits mainly three sections; the organisation, consumer and the society. Market expansion from national to international network with minimum capital investment, retrieving and managing paper based information through digitizing, 24x7 support to the customers, readily available detailed information, virtual auctions and delivery of public services are the few outcomes of e-commerce activities. Undoubtedly, it is a very advantageous and profitable proposition for a company as well as customers.

Networking outside boundaries through e-commerce doesn’t have to be an arduous process. Passion and high level of optimism are the two resounding traits that help the entrepreneur in reaping the rewards of their labour. 21st century is all about digitizing communication amongst the sellers, intermediaries and buyers. With the rapidly gaining speed, e-commerce shall carve out a success story unheard of before. At a global level, e-commerce is touching new horizons through social media, internet penetration and digital marketing. For those who dare to plunge into this golden opportunity, new innovations blended with creative solutions from e-commerce await.