The Benefits Of Electronic Commerce

WHAT ARE THE BENEFITS OF ELECTRONIC COMMERCE
Customer care has benefited from various in e-commerce, EC also e-business continue to pay dividends as long as the benefits as reported by e-commerce site.wordpress.com (nd) are still achievable. Reduction in cycle time, staff empowerment and cutomer support are just a few of the benefits. Efraim Turban et al (2008).

CYCLE TIME
The cycle time for an organization refers to the time it takes to complete a transaction; also turn around time, speed of operation etc Internet banking is one of the ways Nigerian banks increase customers satisfaction and cycle time. More transactions are done on the internet, ATMs, POS machines, through patnerships with card companies like MasterCard, Interswitch, VisaCard and the rest of them. It is easy to find all these in almost all Nigerian banks now because the management wants to minimize cost while maximizing profit. Trading equities used to take a very long time before orders can be successfully effected before but can now be done by just one click on the right button in the right website. The same is applicable for purchasing University of Liverpool recommended textbooks. Inputting my mastercard details makes the process of search and final purchase shorter and easy to accomplish for me. EC has brought to the world the likes of ebay, amazon.com and others responsible for online auction. Time is money, so instead of driving all about looking for a shop that stocks what I need to buy, I would rather go to the internet search for it and purchase it immediately.

EMPLOYEE EMPOWERMENT
Organizations now allow their staff to take certain steps that were not possible without electronic commerce. Booking of Consumer loans used to be on paper before in Oceanic Bank until recently when the bank designed an online procedure that empowers staff to issue more loans per hour. The reason for this is not far fetched; a soft copy consumer loan file needs little or no correction since the already inputted formulas are there to do the correction. Checking the consumer loan can now be done at a very high speed because there are software for testing if the excel file followed the desired procedures or not. With the bank empowering their staff in EC, more value is added because staff now sees themselves as important participants of the bank as well.

Electronic Commerce makes it simple for online tutors to detect malpractices amongst students unlike in offline Universities, where Doctors and Professors have to read the hard copy assignments submitted by various students, there will always be cases where collution and plagiarism will not be detected. Students will surely copy themselves knowing fully well that the instructor might not get to know. This is not the case in an EC committed University where all assignments are submitted online through software like Turnitin and safe assign.

FACILITATE CUSTOMER SUPPORT
Customer support was taken to another level through highly specialized customer relationship management; Norton allayed fears that my monthly internet bill is exorbitant. It all started when my hard drive crashed and I lost a recently purchased Norton antivirus. I was frustrated and had to chat online with customer care representative of Norton through their chat software. As if that was not enough, the agent I spoke with blew my mind when he told me that he was going to install the software into my laptop from his remote location. I thought to myself this must be a joke until I saw my mouse moving and clicking certain menus on my desktop. It was a wonder then, I thought I was looking at a Norton miracle, he put my laptop in order within five minutes and still told me thank you. I replied as many times as possible and fell in love with purchasing my antivirus solutions from Norton because I feel that their EC investments have paid off after all.

CONCLUSION
Every good idea has to develop through changes, the world never stayed in one place. What might be perfect today might be faulty tomorrow, no wonder Polaroid felt comfortable until the digital imaging swept their business away. Holycoast.com (nd) It is very correct to say that EC has come to change the world and it is doing just that real well and fast too. The value of improvement that has met the organizations cannot be overemphasized and thus will continue to draw the attention of other corporations to invest in new ideas, innovations and technologies.

REFERENCES

E-commerce site.wordpress.com (nd), Benefits of E-commerce [Online] Available at: http://ecommercesite.wordpress.com/2008/06/14/reduction-of-cycle-time-improve-employees-empowerment-facilitate-customer-support-through-e-commerce/ (Accessed on 5th July 2009)

Efraim Turban, David King, Judy McKay, Peter Marshall, Jae Lee, Dennis Viehland, (2008) Electronic Commerc – A Managerial Perspecive ISBN 9780135135440 Intl Ed. Pearson Education Ltd. London

Thompson A, Strickland A, & gamble J (2008). Crafting & Executing Strategy: The Quest for competitive advantage, Concept and cases. 16th Ed. Boston: Mcgrraw-Hill Irwin.

Electronics Recycling With Cash Your Tech Means You’ll Always Have The Latest Device

Cash Your Tech is the newest way for people to perform electronics recycling, allowing them to trade in the electronic devices they’re no longer using or that they want to upgrade for cash so that they can put that cash towards the purchase price of a new device. Instead of trying to sell electronics directly to a buyer, which as anyone that has ever done so knows can be a frustrating and time consuming process, you’ll be able to sell directly to Cash Your Tech. We’ll give you the best overall value because not only will you get a higher price from us than you will through other methods, but you won’t have to worry about shipping costs because Cash Your Tech covers those as well.

As you look around Cash Your Tech, you’ll see that we’re buying many different electronic devices, including computers (both desktops and laptops), tablet devices like the Apple iPad, mp3 players, old mobile phones, blu ray players and you can even sell PS3 and Xbox video game systems. In just a few easy steps, you can know how much Cash Your Tech will give you when you sell electronics and then it’s up to you to decide if you’d like to accept our offer. There is no obligation but as you explore the options available to you when you want to perform electronics recycling, you’ll find that not only will you get more for your products with Cash Your Tech but that there’s hardly any wait time.

Once you ship the product to us, you’ll have your cash in as little as 24 hours. All we need to know is what you’re selling and what kind of condition that product is in. We’ll then give you a custom price quote within minutes, which is much different than waiting for the highest bid for an online auction or fielding endless low ball offers from people answering a classified ad.

With Cash Your Tech, you’ll no longer have to worry about not being able to afford the latest model of cell phone, computer or other gadget because you’ll be able to trade in the device you have now and have the cash to purchase the new model in a short period of time. Electronics recycling has never been easier thanks to Cash Your Tech and once you discover that, you’ll find other old devices around your house that will lead to extra cash in your pocket.

Buy Electronic Books -are They Really Cheaper Than Physical Books

Are you considering whether or not to buy electronic books? Do you want to save money on books? Are you wondering if an ereader is a good investment?

In this article you will discover why ebooks are so reasonably priced as well as why ereaders have become one of the top selling products.

It’s much cheaper to buy electronic books than it is to buy physical books. Best sellers can be bought for as little as $9.99. If you are a history buff most classics can be downloaded at no cost. Ebooks can be downloaded instantly. No need to have to wait for the book to arrive by mail nor do you have to travel to the book store to pick it up.

Ebooks cost less since they are a lot easier and cheaper to produce than printed books. With ebooks you do not need a publisher, paper, a printing press, shipping, warehousing and distribution. The only expense is the cost of paying for the software to create the ebook.

Electronic books can be read on your computer or downloaded to an electronic reader. The recent introduction of ereaders has contributed to the rising popularity of ebooks. Ereaders can hold hundreds and some even thousands of books.

This small, portable digital device makes it easy to carry a library of your favorite books with you. It is great for people who enjoy reading books more then one book at a time or individuals who like to have a book on hand to read anytime they have a few minutes of spare time.

The electronic reader has a few unique features you don’t find in conventional books. Most ereaders have a built in dictionary. Simply highlight a word and the dictionary will show you the definition. Wireless technology provides access to Wikipedia or Google for additional research and better comprehension.

Ereaders are able to display newspapers and magazines. Online subscriptions are cheaper then paper versions.

An digital reader makes reading convenient and fun. Most people find that once they have an electronic reader they start reading more.

Digital Book World Conference and Consumer Electronics Show Past and Present

A number of conferences dealing with electronic technology occur on a regular basis. Two of these are the Digital Book World Conference and the Consumer Electronics Show.

The Digital Book World Conference, a conference on publishing and digital change, is for all book-publishing professionals. This includes senior management, editors, agents, marketers, digital strategists, and others. It is unique in that it helps publishers address business challenges created by digital change.

The first annual Digital Book World Conference took place in New York City January 26-27, 2010 at the Sheraton Hotel and Towers. Planners of the conference conceived the idea in June, put together the Conference Council in July, and drafted the initial program in August. They geared panels and talks towards the changing digital book business. It had three main themes: Evolving the Business Model, EBooks: Opportunity or Threat, and Marketing in the Digital Age. Topics discussed included management of digital rights, pricing of eBooks, and timing of eBook releases. The goal was to provide an outstanding program with expert speakers for attendees to takeaway practical ideas, and to include sponsors and exhibitors capable of offering appropriate tools for implementing the strategies individuals learned about at the conference.

Attendees were professionals from five continents representing more than 240 publishing companies including Amazon.com Digital, Barnes&Noble.com, Crown Publishing Group, Google, HarperCollins, Macmillan, National Geographic Society, Oxford University Press, Princeton University Press, Random House, as well as many others. Individuals from all areas of book acquisition, production, and distribution were present at the conference. Among them were CEOS, Senior Agents, Directors of Marketing & Sales, Editorial Directors, Directors of Strategic Partnerships, and Directors of Digital Assets.

The second annual conference, Digital Book World 2011, coming up January 24-26, will again be held at the Sheraton Hotel and Towers in New York City. The theme this year is Managing Risks; Seizing Opportunities. On Monday, January 24, conference attendees can participate in three-hour workshops in the areas of eBook Design and Production, Content Strategy and Transmedia Development, and Direct-to-Consumer Marketing and Sales.

Planning for this years conference is well ahead of last years schedule. As they plan for the upcoming conference organizers need to predict what the relevant digital change questions will be and what will be relevant to the target audience of book-publishing professionals in January 2011.

The Conference Council, a group of about 30 made up of CEOs, representatives from large and small publishing houses, retailers, digital strategists, retailers, and independent leaders, will plan the programs and choose speakers who will address the relevant issues and problems that trade publishers are facing as they move into digital publishing. Not only is the technology of e-readers progressing rapidly, but e-Ink technology is improving alongside it opening new horizons for digital reading. According to the review “What’s Next in e-Ink Technology”, the new generation color E Ink products are certainly crisper and offer better resolution and color reproduction that anything else seen to date and we expect to see electronic ink begin to compete with LCD displays (Digital Book Readers).

Another conference, the International Consumer Electronics Show (CES) is held each year in Las Vegas, Nevada. The Consumer Electronics Association (CEA) puts on this technology-related trade show, which is not open to the public. Attendees must have a professional affiliation with consumer electronics. The CEA reinvests all profits from the show. They go towards such things as industry promotion and services, technical training and education, development of engineering standards, and legislative advocacy.

Originally, in 1967, CES was held in New York. Then in 1978, it started being held twice a year. In 1998 the show once again changed and went back to the once a year format. The CES gained popularity in 2004 after Comdex was cancelled.

The 2010 Consumer Electronics Show, held January 7-10, had an attendance of more than 120,000. The most impressive e-book readers at the show were Skiff Reader and Plastic Logic Que proReader touchscreen devices with integrated 3G. Also at that show, several companies announced 3D-compatible HDTVs and four companies announced standalone 3D Blu-ray players. Intel demonstrated a new Wireless Display technology (WiDi), and Motorola introduced the new Backflip Smartphone.

The next CES, January 6-9, 2011, will have more than 300 conference sessions covering every aspect of the consumer electronics industry. The full conference lineup will be available October 1, 2010.

Why Is Bluetooth Needed

One of the most outstanding features in information age is the convenient and fast dissemination of information. Under this circumstance, technicians are working hard to develop a more excellent method to spread information.
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Bluetooth is more than a single technology for mobile phones or even the entire IT industry, but also an advanced concept. The whole world startled the moment the Bluetooth union promises us a bright future. Cast aside the shackles of the traditional connection, enjoy the unrestrained fun thoroughly, Bluetooth `s promise do cheer us up.
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Bluetooth is an open wireless protocol for exchanging data over short distances from fixed and mobile devices, creating personal area networks. It was originally conceived as a wireless alternative to RS232 data cables. It can connect several devices, overcoming problems of synchronization.
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From the above definition of Bluetooth we get a brief understanding of what Bluetooth is. We also know that Bluetooth is widely used in lots of devices, such as computer, mobile phone, or even game accessories.
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When you pay a visit to a consumer electronics online store, you will find out that a large amount of electronics gadgets are advertised with Bluetooth which attract consumers attention immediately. Why Bluetooth is is so well-received that almost everyone wants own a device at least with a Bluetooth technology?
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Four aspects are account for our doubts.
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1, global

Bluetooth wireless technology is free for all member companies around the world which means we have no need to pay extra fee for it. Manufacturers in many fields apply Bluetooth in their products to reduce the use of messy wires, realize wireless connection, stream stereo and transmit data. And, Bluetooth in mobiles phones set a successful example for the world industry.
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2, wide range

Bluetooth technology is applied unprecedented in a wide range from mobile phones, cars devices to computer accessories. and the users are varied from common consumer, industrial market to the enterprise and so on. Its advantages including low power consumption, small size and low-cost price enables Bluetooth applied even to the tiniest devices.
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3, usage

As an instant technology, Bluetooth is easy to install and set up without the necessity of a fixed facility, so does the non-cable connection.
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4, universal specifications

Bluetooth wireless technology is no doubt the hottest one for its wide range and multifunction as well as secure wireless standard. Its universal specifications restrict all their products correspond to the standard.