Business is continuing to change rapidly as the years go on because new methods of buying and selling are becoming available to the entire World. One fairly new method of business is E-commerce or E-Tailing; the conducting of business via electronic media, especially the internet. As the internet keeps growing across the globe, more and more companies are indulging in E-Tailing. E-commerce product sales totaled $146.4 billion in the United States in 2006, representing about 6% of retail product sales in the country. This is why companies are opening up web pages with options to buy and sell product, paying to place advertisements on large popular websites, and website domains are being bought and sold by the hundreds every day. When an online shopper has a good first experience with a certain website sixty percent of the time they will return to that website to buy more. E-Tailing is growing at an ecstatic rate because of this and shows no signs of slowing down anytime soon.
Companies open up online stores in order to provide their customers a simple, easy method of buying their product. When an online store is opened the customer no longer needs to leave their house in order to buy something they want or need, they can simply just open up the internet spend five to ten minutes finding what they want and it is delivered to them. Not only that but many companies are encouraging E-Tailing by providing cheaper prices online to attract customers which then further attracts advertisements from the other companies increasing profit by huge numbers. Another thing that is a huge factor for E-Tailing is convenience. Online stores are usually open 24 hours a day, 7 days a week. Life can be difficult for people who work night shifts and sleep through the day. Online stores provide an easy method buying goods.
Advertising has become massive in the World Wide Web. Have you ever opened up a page and 3 pop-ups come up and there are banners flashing everywhere across the...