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E-commerce - Overview - E-Commerce Drivers

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E-Commerce Drivers

Five E-commerce Drivers

There are five drivers that promote e-commerce.

1. Digital convergence

The digital revolution has made it possible for almost all digital devices to communicate with one another. The Internet’s massive growth during the past 10 years, which is completely a creation of market forces, will continue (Awad, 2004:6).

2. Ubiquity

Today’s e-commerce is available to anyone, anywhere, in the world, 24 hours a day, 7 days a week. E-commerce ties together the industrial sector, merchants, the service sector, and the content provider using text, multimedia, video, and other technologies (Awad, 2004:6).

3. Changes in organizations

More and more today’s business empower front-line workers to do the kind of work once performed by junior management. A trend also is developing toward partnering owners and managers across departments to develop a chain of relationships that adds value to the enterprise (Awad, 2004:6).

4. Information Density

Global competitions and the proliferation of products and services worldwide have added unusual pressure to keep a close watch on operating costs and maximize profit margins. E-commerce addresses there concerns quickly, efficiently, and at a low cost (Awad, 2004:6).

5. Personalization/Customization

Today’s customers are collectively demanding higher quality and better performance, including a customized way of producing delivering, and paying for goods and services. Mass customization puts pressure on firms to handle customized request on a mass-market scale (Awad, 2004:6).


See Also:

Contributors to this page include:


SophieUhlhorn 10:55, 2 Sep 2005 (EST)

Anna Caldwell 14:24, 5 Sep 2005 (EST)

Yun Tze Pien 14:31, 5 Sep 2005 (EST)

Yipshinyi 14:39, 8 Sep 2005 (EST)

Sze Chit NG 15:35, 8 Oct 2005 (EST)

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