Reference no: EM13864887
Literature Review (8-9 pages, you can use your key concepts as the title)
E-Commerce Strategies (a word, phrase, or sentence)
I. Why E-Commerce adoption? Specific content (2-3 sentences only)
Definition of E-Commerce is stated as the "inter-company and intra-company (marketing, finance, manufacturing, selling and negotiation)" logistics that allow commerce to take place with a computer device through EDI & other telecommunication interaction.
The advent of internet technology in 1990s brought upon a magnitude of change in the world of commerce. Many innovators sought the positives of electronic commerce adoption, such as the ease and speed of efficiently communicating a vast amount of data. Thus this new form of communication phenomenon was adopted by businesses to broaden their commercial ventures and provide them competitive advantage. (Doherty & Ellis-Chadwick)
II. What factors have contributed to the adoption of e-commerce for retail strategies? Specific content (2-3 sentences only)
Strategic opportunity to organize and expand business opportunities with suppliers and consumers (Shen, L., 2003)
For the purpose of procuring an efficient Supply Chain Management in the market of U.S. apparel companies and to respond to the innovative demand (Shen, L., 2003)
Ease of global connectivity through low-cost electronic data interchange (Shen, 2003; Doherty & Ellis-Chadwick, 2006)
Improved performance level in small-medium sized enterprises, including apparel firms (Abebe, 2014).
What factors contributed non-adoption?
Barriers to point of entry such as fulfillment and security issues (Nikolaeva, 2006; Worzala et al, 2002)
Uncertainty to profitability/risky (Nikolaeva, 2006)
III. Current/Future of E-Commerce Specific content (2-3 sentences only)
Current successful E-Commerce apparel retailer: Alibaba's online development (Han et al, 2015)
There is a strong likelihood of positive future projections of electronic commerce adoption in the retail industries. The study by Worzala et al. (2002) shows varying viewpoints on how e-commerce is currently influencing retail strategies and will impact the traditional retail stores to merge with the Internet. It is noted that larger retailers in the U.S. and U.K. are also adopting web sites-e-commerce strategies-along with physical stores. Doherty and Chadwick (2003) have also shed light on the future outlook for electronic commerce.
o References:
Abebe, M. (2014). Electronic commerce adoption, entrepreneurial orientation and small- and medium-sized enterprise (SME) performance. Journal of Small Business and Enterprise Development, 21(1), 100-116. Retrieved from https://search.proquest.com/docview/1508275932?accountid=7285
Doherty, N. F., & Ellis-Chadwick, F. E. (2006). New perspectives in internet retailing: a review and strategic critique of the field. Doherty, N. F., & Ellis-Chadwick, F. (Eds.), International Journal of Retail & Distribution Management (Vol. 34, pp. 411-428), Bradford, GBR: Emerald Group Publishing Ltd. doi:10.1108/09590550610660305
Han, T., Yoo, B., & Jeon, S. (2015). Building a Korean fashion platform in taobao, china's biggest online commerce: The case of fashion e-commerce company accommate. Seoul Journal of Business, 21(1), 87-104. Retrieved from https://search.proquest.com/docview/1702903528?accountid=7285
Nikolaeva, R. (2006). E-commerce adoption in the retail sector: empirical insights. Doherty, N. F., & Ellis-Chadwick, F. (Eds.), International Journal of Retail & Distribution Management (Vol. 34, pp. 369-387), Bradford, GBR: Emerald Group Publishing Ltd. doi:10.1108/09590550610660288
Shen, L. (2003). Internet-based e-commerce adoption for supply chain management among U.S. apparel companies. Retrieved from https://search.proquest.com/docview/288066274?accountid=728
Worzala, E. M., McCarthy, A. M., Dixon, T., & Marston, A. (2002). E-commerce and retail property in the UK and USA. Journal of Property Investment & Finance, 20(2), 142-158. Retrieved fromhttps://search.proquest.com/docview/212965630?accountid=7285.
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