E-commerce, the digital mode of transactions involving cash or information sharing traced its roots on centuries old procedures in conducting trade. Since ancient times, man sought material satisfaction. Human nature spurred him to obtain resources he can use to accumulate assets. Other than negotiating skills, he must get money or things he will use in purchasing goods. He also must utilize equipment.
Speed, the Fuel for E-Commerce
What we want to achieve barely changed but how we achieve it vary as times go by. We want devices that make deals quicker. Shorter time frame equals abundant profits. Goods plus services are exchanged within minutes or hours instead of days and weeks. Speed characterized e-commerce’s emergence as the preferred mode of conducting deals and distribution. Swiftness drove man to explore ways on developing ideas that e-commerce adopts.
The Predecessor of E-Commerce
The Industrial Age around the mid-1900s transformed world economies and such revolution altered lifestyles. People from all walks of life sought money so they can buy things which uplift their daily living. Once they got hold of essential requirements, people focused on leisurely desires.
Animal driven conveyance and crude tools gave way to machine driven equipment for production. Rather than use horses, oxen, water buffalos or carriages, trucks carry commodities from one area to the other. Factories cropped up as demands for stocks increase. Global trade flourished too as steamships replaced galleons. Thus, traders sold their wares to a much wider customer base. Later, airplanes made transactions even faster.
E-commerce is similar to another industrial age-like alteration. Once again, modernization caused drastic adjustments, especially in business. They opened up man’s desire for invention. Therefore, digital trading derived its arrival from human nature.
People are hardly satisfied with what they own. We always seek satisfaction. Like necessity, man’s desire for leisure or survival fulfillment fueled commercialism. E-commerce provided a vehicle where trading surged because inventors developed gadgets that reduced time consumption.
The Computer’s Influence: Convenience and Swiftness
The computer was originally invented to ensure a more error-free process when we calculate or do numerous technical tasks. Ensuring swift exchange of data and communication played a significant role.
The World Wide Web became a one-stop-shop library. Any information you want you can get within seconds. Students, professionals and governments depend on the internet for almost all transactions, especially commercial ones.
The days of the homing pigeon is confined to history. Horses no longer play a role. Mail established communication lines between parties involved in business deals. Pamphlets stored inside envelopes enticed prospective customers to buy products without heading for the malls. However, post office mail takes longer.
For domestic delivery, you need a day or three days waiting period. Sending mail towards another country takes 1-2 weeks. E-mails, on the other hand, sends your messages within seconds.
While telephones bring about instant correspondence, they cannot advertise through physical presentation. Television does but you can only view videos shown on the screen. Through the internet, curious customers type questions in search bars. They compare product advantages and disadvantages by browsing at different brands. Entrepreneurs set up virtual stores, saving hours and transportation expenses. Shoppers prefer internet shopping for convenience’s sake. Moreover, paying items you bought online is safer since you no longer have to travel then risked being pick-pocketed. When large amounts are paid, the internet provides a safer alternative. The same logic holds true in withdrawing or depositing cash.
The Business Advantage, Education and Employment
Telemarketing saves entrepreneurs buildings they must rent or own in order to sell and advertise products. Instead of hiring hundreds of sales clerks, a dozen call center representatives can do the tasks. Owners no longer have to pay numerous salaries or worry about additional benefits which adds financial burden on their overhead expenses.
In terms of delivery, hiring another company is much practical than putting up a warehouse then spend for rent, electricity and personnel salaries. Social networks help sell products. Blogs are mediums where even ordinary people promote items and services. Both sites cost nothing when you open an account. These savings entice numerous small businesses to rise then flourish.
Going online commercially benefits graphic designers who now have a steady income and clients. Schools such as those teaching business courses can derive lessons from digital exchanges in order to prepare students when they graduate. Computer literacy is a must. Whether you process papers in offices or do your homework, you must knowledge in basic computing skills. As a result, countries must support schools that offer information technology courses. Education prepares students for careers related to the corporate world. If they are well versed in technological operations, their employment opportunities are well secured.
Technological innovations provide jobs that can solve many nations’ unemployment woes. Think of how thousands of available work awaits prospective employees. Fresh graduates, the unemployed and those who require a second job to support their families benefit from manufacturers who develop cell phones, computers, cars, appliances or spare parts for a host of gadgets.
E-commerce boosts economies around the world as globalization creates a venue where trades from different countries exchange goods. Unlike in the ancient times, dealings only take seconds. You can stay at home and sell your stuff 10,000 miles away. Indeed, digitalization is the second coming of the Industrial Age.
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