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Internet and the E-Commerce Flower Business - Research Paper Example

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This research aims to evaluate and present the issue of the internet and the e-commerce flower business. The purpose of this research is to investigate the following: the impacts of the internet on global finances and the e-commerce flower business…
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Internet and the E-Commerce Flower Business
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Extract of sample "Internet and the E-Commerce Flower Business"

Task Internet and the E-Commerce Flower Business Introduction Individuals in the modern society over-rely on the internet for easier transactions that may involve reaching the message receiver more conveniently. Traditional methods that would entail physical involvement in the transaction are being surfaced by the technological advances that promise faster and more convenient business and social transactions than the previous methods. There are always various setbacks involved in businesses and the internet developments majorly entail reducing constraints and extra costs incurred in the traditional means. The internet has managed to integrate various forms of communication and entertainment entities in a single library that various individuals can access. The other advantages that the internet entails are in its inability to discriminate against age. Any individual with the proper documentation can create their own website to host their business and complete transactions with the click of a button. The development of this technology has presented numerous advances in the overall profit generation creating a wider market for a company to generate maximum profits. Marketing and advertising strategies have been established as the major entities to sell an idea and promote new products presented to the consumer population. Depending on the creativity of the marketer, and the resources applied to reach the customer population the returns expected are measured. The internet guarantees a wider market target to explain the desired product to the user. In this case, the flower business that presents numerous challenges may apply the E-commerce method to offer its sustainability within the market. The E-commerce concept normally involves distribution of the trading qualities over the internet and the transaction completed online. The final process normally involves the product delivery to the customer. This paper seeks to explain the developments achieved in the business industry by applying the internet as the trading media and the flower business as a reference. Impacts of the Internet on Global Finances Grosse explains that the internet has changed the global financial trends sine 1990 from offering financial service like banking to the provision of insurance packages that have found new measures in selling their provisions (Grosse, 35). He majorly dwells on the positive implications that the internet has accorded the banking industry with the electrical money transfer system that ensures safer measures in handling the transactions. It had become cumbersome top queue for longer hours to be serviced by the bank tellers and sometimes insecurities attributed to mugging and loss of money. The major contribution that the E-commerce has directed in the market is the management of the business time, offering minimal period spent on negotiations. The constituent of the trading commodity may be tangible or limited to internet transfer trends including money transfer. The E-business entity means the transaction happens exclusively via the electronic device, and in this case the internet provides the platform (Basu, 18). The E-commerce entity had initially been crude and mostly provided unsafe venues of trade because hackers could gain access to the information that jeopardizes the overall process. With several measures and security inscriptions, safer measures have been applied to reduce on piracy as a series of input codes and security firewalls developed to promote the medium. The aspect of internet trading revolves around the presented transaction and its nature and bulk. Normally, the internet is capable of handling the majority of the business transaction provided the parties reach an agreement towards the terms presented to make it a success. Through exchange of policies, figures in numbers ad possibly images of the advertised entity, the agreement can be solved easily. The negotiation oversees the transfer of the agreement over the internet and the final stage involving product delivery is not completed until a viable solution reached. The internet provides an increase in competition of global financial figures with the company owning the most volatile technology gaining more clients than a limiting one. The worldwide we service since its introduction in 1992 has seen a massive overdependence on its services in various forms of societal development. Presently, over a billion of the total world population conducts their transactions online with economic constraints increasing to limit the time to manually perform duties. With its further developments in the 21st century, the internet has established the e–commerce system that present various features applied by individuals in completing business transactions. The economy is further boosted with the merger of the physical market, and the internet platforms to develop better efficiency attributes that limit energy waste. The E-commerce system normally applies transfer of funds and the vital information of the data required before the final product is delivered. The internet is the chief supporter of the system as it provides a channel that the individual can have a wider selection of the product craved for in the catalogue presented. It then offers a list in the prices of the commodities presenting an option to choose from a list within the websites. There are various forms of e-commerce that may be consumer or business oriented (Bidgoli, 284). Through its feature, the individual normally presents various measures towards product acquisition. Firstly, an analysis of the needs is conducted they browse for alternative services that may present advantageous rates. Comparison between service delivery institutions follows this attribute with the seller offering better packages utilized. The internet mainly incorporates the entire collection of the business in one area that the customer can access according to their convenience. E-commerce limits energy use because of its portability and transactions are conducted in any selected area. Moreover, the security patterns it presents are immense because the holder to the transaction terms is presented with a set of security codes that the user manages and customizes to their satisfaction. E-commerce flower business The flower business can be categorized under the consumer oriented business commonly known as B2C E-commerce (Bidgoli, 285). The system is applied to reach the consumers more effectively. The perishable flowers are stored by the owners in safe conditions and packaged ready t be picked when the transaction is completed. It offers a wide range of the flower designs where the consumer is provided with the price list and the content of the offered package. The search engines installed in these sites may identify the payment patterns and the mostly preferred choices by the consumer in accessing the flower packages. Such an entry is the flower website that contains registered flower shops where a catalogue is given to browse the preferred shop to make the delivery. The commercial entity is designed to offer preferred packages to individuals with the desire to obtain the business and keep a record of the entire transaction for future references. E-commerce flower business has dominated the physical transaction because there is a tendency by individuals to involve the element of surprise and beautiful designs in its packaging. Flowers are perishable and seasonal; hence their use is mostly determined by the occasion it represents. Most individuals have preferred to acquire flowers from their areas of extraction that are the farms because the quality is then maintained. The internet has enabled the consumer to view their merchandise from the source and order the exact item as dictated by their desire. The E-commerce flower business has been boosted with its ability to service an international market that is encouraged to place bids on the flower nature they would prefer. It has further limited the spread of counterfeit merchandise with distinct features and quality offered by the businesses on delivery as compared to the regular flower shops on the streets. With this system, a level of professionalism is promoted to boost the industry with the customer preferring to utilize a reliable source for product delivery. The entire process involves secure measures and customer confidentiality that is promoted by the supporting website to their hosted companies. In addition, the internet offers a channel that businesses can apply to advertise their ranges of services and the nature of product delivery. Majority of the flower businesses in the developed society are online and apply measures that promote efficiency in the perishable commodity deliverance. Individuals prefer to order their flowers online because the service would trace their location of delivery and provide means to reduce on the losses attributed to improper handling. By 2009, there were an approximated number of 1.7 individuals accessing the internet worldwide with the majority in the European continents. This figure is articulated to the desire by the population to seek flexible services ad easier information flow by using the global communication device. The advantage that it applies is in accessing the services to this population and orders can be made across borders. By applying effective measuring the transport industry, the flowers are delivered to the destinations without breaching the agreement. The internet may further provide data used by these companies to establish areas of greatest purchase. If possible the company may make a decision establishing their branch in these settings to improve the service delivery measures. Flower business requires careful study of the market trends to find venues that generate maximum profit. In most flower growing regions around the globe, the flower business has seen a twist from the olden methods of marketing flowers. The flower marketers have turned out innovative through the assistance from the computer geniuses who have developed websites that make it easier to market flowers. E-commerce and the internet have profoundly contributed to the success of the flower sales over the last decade. The prologue of these marketing medias has served as great milestone towards the flower business. Although the e-commerce dealing has been blooming in most developed countries, the developed ones have been left behind due to scarcity in infrastructure for e-commerce and broad internet utilization levels. The flower exporters have taken into benefit the fact that most countries have become internet hubs (Chambers 1). The benefits have presented the exporters with an opportunity to explore the worldwide markets through the web. The most commonly utilized method that has applications even in other world businesses is e-commerce. The flowers growers have gained a lot through the internet business, since their dues are been paid on time, and have increased with more and more partners engaging in the business. The flower cultivators have seen e-commerce as a novel way of conducting business, and more importantly, the most effective technique compared to the traditional techniques (Chambers 1). E-commerce through the internet provides the flower purchaser and sellers the benefits of allotment of price and accessibility of valuable business data over the internet at any time. The purchasers in any nation or state obtain similar price as well as any imperative data. In relation to the e-commerce, the flower business wholesalers, retailers and final consumers find themselves to be purchasing flowers straight from the growers from any region around the globe (Chambers 1). Currently, e-commerce plays a critical task in ensuring efficient funds transfers for growers and sellers. It also plays a paramount role in the inventory management, as well as, the institution and supervision of worldwide supply chains for the wholesalers and retailers. The communication and marketing expenses are substantially reduced wile efficiency in service conveyance markedly increases. The benefits have been accomplished, throughout the already implemented e-commerce systems, to make business a success. E-commerce business undertakings have so far achieved a lot in the reduction of costs and improvement of the internal and external procedures that used to be rigorous processes. In recent time, the internet and other technological improvements have appreciably affected the conduct of global business. Other internets services similar to e-commerce have also assisted entrepreneurs and producers to obtain the required credit for their products. The credit has substantially been attributed to more sales than the previous meaning that advertisements, and proper service conveyance offer a certain business dealer an edge over the rest of the business players. The internet and the web have generally assisted companies, and individuals create diverse buying options through expansion of products, within a given market. The internet offers diversity in products since data is presented on various websites enabling companies to commence either purchase or growth of such flower varieties. Companies continue, with their strive, to establish e-commerce systems that considerably save florist and wholesalers expenses of conducting business. The move has been instituted in most flower businesses around the globe, mainly in countries where there is adequate internet infrastructure, and the populace has become acquainted to internet usage. E-commerce has also permitted, for excellent consumer service, to ensure that they return the next time they require to purchase flowers. The corporations engaging in the e-commerce flower business aim at establishing novel techniques to help the consumers obtain the best services and operate in a profitable manner. The leading business establishments in the floral distribution around the globe utilize the most current technological improvements and logistic applications that enable the establishments offer services to consumers in countries for instance the U.K and U.S. The consumers and retailers manage to purchase floral products that are fresh from the producers, at affordable prices via e-commerce. The end consumers and retailer can manage to save up to 35 percent from the previous prices while utilizing other purchase options. E-commerce systems offer fast and efficient conveyance, access to diverse products that offer consumers options to choose. The shifting business environment requires innovativeness to ensure greater following that offer market to the firm’s products. The companies that want to, stay in business ought to provide attractive websites and products, as well as, more information that can persuade the consumers to purchase products from such a site. Provision of efficient accessories and easy to utilize options serve to popularize an e-commerce site for exporters or importers. E-commerce dealers have commenced programs that maximize sales by empowering them to purchase more and obtain significant price cuts. Batch buying offers savings for retailers who later resell the flowers. E-commerce has also enabled these companies to launch online auctions for their products a move that significantly promotes the flower business. Companies marginalized in their localities have the chance to compete with the established business heavy weights through utilization of e-commerce. These companies have the opportunity to present their products based on the quality and marketing strategies rather than based on business prowess. Companies involved in e-commerce have to develop an e-commerce site that can be either a web store or a shopping place through the utilization of the computer-aided shopping cart (Patricelli et al 1). A company will also be required to institute security systems for credit card dispensation by acquiring a digital certificate. An e-commerce business has to have sound planning and marketing to achieve the online selling of its commodities. E-commerce ensures delivery of the unsurpassed quality products since the flowers may be bought directly from the growers. The move makes the growers keen on the quality of flowers they present since poor quality flowers will only lower their ranking from the consumers. Grower relations with their partners enhance the process of delivery of flowers to consumers becomes effective. E-commerce in the flower business also requires that these companies create transport and delivery plans to prevent any delays. Good transport and delivery systems ensure that the flowers are presented in their best condition. Most of the corporations conducting e-commerce on flower business, have to make sure they present the fastest methods, to delivery their products since flowers’ condition deteriorates with time (Chambers 1). Exceptional consumer services for e-commerce customers serves to generate a constructive buying experience for consumers. These companies ought to have reliable and evocative purchaser and grower communication. Conclusion E-commerce had presented sweeping transformations in the flower business and made it easier to conduct business than before when traditional methods were utilized. Trading via the web or internet has presented a less expensive and effective way of carrying out business transactions. The internet and the web have also profoundly affected the worldwide finances both positively and negatively, even though most impacts presented reveal that it has constructively contributed to success of most business entities. E-commerce has presented one of the ways in which internet and the web have affected the global finances. E-commerce alone presents many advantages not just for the flower business but also for other business entities. E-commerce has lead to reduced costs for conducting business. It has also presented other benefits for both parties involved in the transactions. The consumers can acquire the best products and diversity has been achieved since many dissimilar commodities are presented on the e-commerce sites. E-commerce can only function to better the business entities for all sectors as evident in the flower business where the business has ended up a success. Countries ought to establish better internet and web infrastructures to effect business transactions. Implementation of business entities utilizing contemporary technology can substantially assist in marketing of commodities for both producers and wholesalers. Work Cited Basu, Subhajit. Global perspectives on e-commerce taxation law. Hamphire. Ashgate Publishing, Ltd., 2007. Bidgoli, Hossein. The Internet encyclopedia, Volume 1. New Jersey. John Wiley & Sons, 2004. Chambers, Luke. The fresh cut flower industry moves online: Growers in Ecuador and Colombia are taking a high-tech approach to business. 2011. Web. Jan 27, 2012. Available at < http://www.ecuadorexplorer.com/html/b2btrends.html > Grosse, Robert. The future of global finance services. New Jersey. John Wiley & Sons, 2004. Milutinovic?, Veljko, and Fre?de?ric Patricelli. E-business and E-Challenges. Amsterdam: IOS, 2002. Print Read More
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