Question

Describe the key factors that will define the future of e-commerce. Support your answer with an...

Describe the key factors that will define the future of e-commerce. Support your answer with an example for each factor.

please don't post that's already on the internet.

Homework Answers

Answer #1

Key factors that will define the future of e-commerce are:

- Use of technology: The use of mobile phones and the computer system is going to increase in the coming future which means that people will get easy and comfortable with cell phones. This shows that online shopping will take over traditional shopping which will result in the success of future e-commerce. For example, the introduction of portable tablets and notebook laptops is easing people's efforts that will increase the dependency on such devices.

- Convenience: In all the aspects, online shopping is a way more convenient than shopping from physical stores. It shows that the growth of e-commerce will be outstanding in the future. For example, customers can order and return the product of they do not like it or want to excha get it for some other by sitting at home only.

- Promotion: The presence of people on the social networking site is so vast that every business wants to promote its products and services on social media. The factor that determines the future of e-commerce is the presence on social media for advertisement. For example, people use more technological gadgets like mobile phones and laptops through which they are more connected to social media than traditional media.

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