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Ecommerce in the 21st Century
In recent years, e-commerce activity has exponentially grown, overtaking traditional business methods. Latest trends show that online shopping continues to grow and e-commerce in the first few years of the 21st century is projected to have ranged between billions to trillions of dollars.
E-commerce will agreeably be a major part of the 21st century world economy.
So why is it important to me?
The Internet industry is going vast. Today, telephone, cable and satellite TV companies battle over supremacy for providing Internet connectivity to America's homes. AT&T would not have invested billions to get TV companies and access high-speed wires leading to homes, if they did not see big benefits in return. What benefits are we talking about?
The rapid expansion of the internet industry brings with it the onslaught of millions of internet users. Different sources contend that there will soon be over 100 million people using the World Wide Web. About 25% of them are Internet shoppers. To the businessman, the internet is obviously a crucial place for potential customers. Not only can it cater to more customers, it can also expand to areas not within immediate reach of the business.
Moreover, e-commerce is a quicker and a more cost-effective way of shipping goods. Payments online are faster too. Thus, if you are in the public marketing business, e-commerce is a vital part of your future.
For the consumer on the other hand, e-commerce also plays a vital role for purchasing goods. Searching via the internet is much more convenient and faster than real shopping. Products sold online has also grown due to easier advertisement. Customers can also easily verify information on the goods being sold. Payment also proves to be faster although there are risks of sham. Nonetheless, e-commerce is also important for the consumer.
If you want to be a successful online merchant:
With its prominence, it would certainly do good for a business to start expanding market via the internet. However, e-commerce can do as much good as bad. Skills for online business transactions are also needed for it to be a success.
Some of these skills include Web design, graphic arts, HTML, CGI programming, e-commerce software installation and maintenance, website maintenance, search engine registration, web-based promotion, Java or Javascript literacy, database, security protocols and many more.
For a successful online business, determine if you possess these different computer and internet skills. These skills are important for advertisement purposes, marketing strategies and for easier online transactions. If you do not have all of these, you can hire people to do different jobs for the online store. For example, one might hire people to be in charge of installing and maintaining the e-commerce software, and a different team to maintain the website. You may also hire a consultant to help you see the different operations. Keep in mind though that e-commerce, just like the traditional business, still needs a lot of hard work. Just over the internet.
Tina L. Douglas is a skilled writer from California. With numerous experiences in the field of writing for several financial institutions, she is greatly qualified across a variety of economic issues. Her notable pieces of writing involve ecommerce.
About the Author
can anyone please help me to describe the "usual work of plantation maintenance" during the 18th century?
i got this question today for tomorrow and my grade depends on it. please help me...
a sugar plantation
What was plantation life like in the 18th century Caribbean colonies?
In: United States History, Slavery, Colonial America
well it was good for the planters for a while as the were getting profits, the had power over the slaves and they had an adequate labour force. The slaves, however had it rough they were beaten treated inhumanely etc. but after emancipation for a short while both the whites and slaves were miserable because the ex slaves did not want to work on the plantations anymore but in some cases this was the only option and the had to work 4 little pay and also the plnters lost their market due to the sugar duties act and so lost their labour force. http://wiki.answers.com/Q/What_was_plantation_life_like_in_the_18th_century_Caribbean_colonies ------------ Life on a Southern Plantation, 1854
The moral inconsistency of slavery existing within a nation founded upon the sanctity of individual freedom was well recognized in the early days of America's history. All 13 colonies legalized slavery at the beginning of America's War of Independence in 1775. By the time the nation's Constitution was ratified 13 years later; five states had abolished the practice.
In the late 18th century the slaves of the South fueled an economic engine based on tobacco. After years of over-planting and subsequent depletion of the soil's nutrients, the tobacco fields were becoming less productive and less profitable. Many (including Thomas Jefferson) thought that, as a consequence, slavery would waste away and become extinct.
Eli Whitney (a Northerner) changed all this in 1792 when he invented the cotton gin. The problem this new machine addressed was the inherent difficulty in separating the lint of a cotton plant from its seed. It took a slave an average of 10 tedious hours to produce one pound of clean cotton. Whitney's inspiration was to construct an "engine" that mechanically separated seed from lint by turning a crank. With it, a slave could produce up to 1,000 pounds of cotton per day. By 1850, the South was exporting over one million tons of cotton annually to the hungry textile mills of England. Cotton was king in the South and its increased labor demands invigorated the institution of slavery. By the beginning of the Civil War over 3 million slaves tilled the South's soil.
As cotton gained economic supremacy in the South, the North was transforming itself into an urbanized, industrial society with economic interests at variance with those of the South. Slavery became a passionate focal point of contention, ferociously attacked or defended.
It was in this atmosphere that writer Frederick Olmsted made a number of trips through the South in the 1850s publishing his observations in the New York Daily Times (soon to become the New York Times) and later as three books. Although Olmsted abhorred slavery, his accounts were objective and accepted by most Southern critics as accurate depictions of plantation life.More..............
http://www.eyewitnesstohistory.com/plantation.htm -------- The rice fields were carved out of tidal swamps along coastal rivers by slaves brought to South Carolina from the West Indies and West Africa. With primitive tools, the slaves cleared the low-lying land of huge cypress and gum trees, and built canals, dikes, and trunks (small floodgates) that allowed the flooding and draining of fields with the high and low tides. From the 18th century to the Civil War, slaves planted, tended, and harvested the crops that made plantation owners wealthy.
The cultivation of rice with the tidal flow method transformed the coastal Southeast between 1783 and the early nineteenth century. This highly productive method was practical only on the lower stretches of a few rivers from the Cape Fear in North Carolina to the St. Johns in north Florida. The creation of a tidal rice plantation required a substantial capital investment and a tremendous amount of back-breaking labor. Slaves under planter direction cleared riverside swamps of timber and undergrowth, surrounded them with earthen levees, and then constructed an intricate system of dams, dikes, floodgates, ditches, and drains. The planters relied on the rise and fall of the tide to irrigate their fields several times during the growing season to encourage rice growth and control weeds and pests.
The entire hydraulic apparatus of a rice plantation required constant maintenance by skilled slaves. The Civil War and Reconstruction seriously affected rice culture. No longer able to compel work in the harsh environment of the rice fields, planters faced chronic labor shortages. Finally, a series of devastating hurricanes in the 1890s ruined the rice fields and put an end to commercial rice growing in the Southeast. More....................
http://sciway3.net/proctor/state/sc_rice.html
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