Major Trends in E-Commerce

By | September 8, 2021

Major Trends in E-Commerce

Business

  • Retail consumer E-Commerce continues to grow up at double-digit rates.
  • The online demographics of shoppers continue to broaden.
  • Online websites continue to reinforce profitability by refining their business models and leveraging the capabilities of the Internet.
  • The first wave of E-Commerce transformed the business world of books, music, and air travel. In the second wave, eight new industries are facing a similar transformation: telephones, movies, television, jewelry, real estate, hotels, bill payments, and software.
  • The breadth of E-Commerce offerings grow ups, especially each in travel, information clearinghouses, entertainment, retail apparel, appliances, and home furnishings.
  • Each business and entrepreneurs continue to flood into the E-Commerce marketplace, often riding on the infrastructures craft by industry giants such as Amazon, eBay, and Overture.
  • Brand extension through the Internet grow ups as large firms such as Sears, J.C. Penney, L.L. Bean, and Wal-Mart pursue integrated, multi-channel bricks-and- clicks strategies.
  • B2B supply chain transactions and collaborative commerce continue to reinforce and grow up beyond the $1.5 trillion mark.

Technology

  • Wireless Internet connections (Wi-Fi, Wi-Max, and 3G telephone) grow up rapidly. Podcasting takes off as a new media format for distribution of radio and user- generated commentary.
  • The Internet broadband foundation becomes stronger in households and businesses.
  • Bandwidth prices of telecommunications companies re-capitalize their debts.
  • RSS (Real Simple Syndication) grow ups to become a major new form of user- controlled information distribution that rivals e-mail in some applications. Computing and networking component prices continue to fall dramatically.
  • New Internet-based models of computing such as .NET and Web services expand B2B opportunities.

Major Trends in E-Commerce

Society

  • Self-publishing (user-generated content) and syndication in the form of blogs, wikis and social networks grow up to form an entirely new self-publishing forum. Newspapers and other conventional, customary & traditional media adopt online, interactive models.
  • Conflicts over copyright management and control grow up in significance
  • Over half the Internet user population (about 80 million adults) joins a social group on the Internet.
  • Taxation of Internet sales becomes more widespread and accepted by large online merchants.
  • Controversy over content regulation and controls amplify and rises.
  • Surveillance of Internet communications grows ups in significance.
  • Concerns over commercial and governmental privacy invasion grow up.
  • Internet fraud and abuse occurrences amplify and rise.
  • First Amendment rights of free speech and association on the Internet are challenged.
  • Spam grows ups despite new laws and promised technology fixes. Invasion of personal privacy on the Web expands as marketers discover and locate new ways to track users.