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Wednesday, April 3, 2013

Brick and Mortar versus Electronic Business

It used to be that if a person wanted to deal a television, car, groceries, books, or a vast assortment of assorted products that the consumer would mother to leave his or her bag, get in a car, and drive to a store who may be solitary(prenominal) opened during certain times of the day, purchase the product, and commute bandaging to their home. Not anymore. A person does not have to heretofore leave his or her home. Electronic business, or e-business for short, is the act of a person turning on a computer and fiat the product or products of choice from the comfort of their own home and having the products delivered straight to them. This paper depart discuss an organization that started as a brick and mortar business but is now prosecute in e-business in addition to their physical presence. The advantages and disadvantages, including limitations and risks of not victimisation the internet for business will also be discussed to take in how a physical business compares to the virtual business of those on the internet.

Even with the sluggish economy right now, e-business is still thriving. Outlooks deal that this year there will be a 17% increase in online purchases that total up to $204 billion dollars which hold apparel, computers, and automobiles as the top three in that group (Online gross sales to climb, 2008).

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This increase in e-business is great but how has it affect businesses that have brick and mortar fronts alongside their virtual internet site? situation terminal figure sees this as an opportunity area that is causing them fiscal success. In a April 26, 2006 Business Week article, Home Depot was reported as stating that there internet site will be responsible for a billion dollars worth of revenue by the year 2010 (Gogoi, 2006). A billion...

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