Tag: e-commerce

E-Commerce and Internet

E-Commerce and Internet

Business, Internet, Technology
E-COMMERCE AND INTERNET E-commerce (electronic commerce)  and the internet are the activity of electronically buying and selling products on online services or over the internet. E-commerce is in turn driven by technological advances in the semiconductor industry. Technology has helped build a platform that has enabled the businesses to cash in on the huge population and market that is now accessible over the internet and sell to them. E-commerce has helped a whole new breed of retailers and wholesalers. Online without understanding the business and legal implications of the internet can expose you to a host of problems. E-commerce has made it possible for sellers to reach out to planet-wide markets and consumers, thus changing the way business is conducted. Online marketing and
Internet Usage in Africa Rising Rapidly

Internet Usage in Africa Rising Rapidly

Internet, Mobile
The African Internet Effect is rippling out and affecting everything it touches. The first shocks of this earthquake have been quite gentle but its power will build for two reasons.  reports Balancing Act Firstly, the African “digital change” generation are 18-30 years old. In the next five years as they get older, there will be a new tranche of “digital native” Africans. They will themselves move into positions of power and decision-making. Secondly, in the more advanced African markets 50% of phone users will have access to a smartphone or a smartphone-like feature phone. In other markets, a significant number of users will have smartphones. Argon Telecom will offer a US$40 smartphone next year and all the talk is of when a US$30 smartphone will arrive. There are two big

Global e-commerce sales will top $1.25 trillion by 2013

Cyber Security
Global business-to-consumer e-commerce sales will pass the 1 trillion euro ($1.25 trillion) mark by 2013, and the total number of Internet users will increase to approximately 3.5 billion from around 2.2 billion at the end of 2011, according to a new report by the Interactive Media in Retail Group (IMRG), a U.K. online retail trade organization. The study estimates that business-to-consumer e-commerce sales in 2011 increased to 690 billion euros ($961 billion), an increase of close to 20% from a year earlier . The United States remains the world’s single biggest e-commerce market, IMRG says, followed by the United Kingdom and Japan. IMRG estimates that growth rates in those countries will be approximately 10-15% a year.  But with China’s e-commerce sales growing more than 130% in 2011, i