logo

e-Commerce Future Assignment PDF

   

Added on  2021-06-18

13 Pages3088 Words140 Views
1e-Commerce FutureName:Course Professor’s nameUniversity nameCity, StateDate of submission
e-Commerce Future Assignment PDF_1
2ContentsIntroduction....................................................................................................................................2Future of retail stores...................................................................................................................2Coles................................................................................................................................................3Coles and e commerce...................................................................................................................4The effectiveness of E-commerce Coles Supermarket...............................................................6Why Coles Supermarket should use e-commerce/ e-business...................................................7Information technology Issues in e-Business...............................................................................8Recommendations on Coles Supermarket E-Commerce Business and Conclusion..............10References.....................................................................................................................................11IntroductionFuture of retail stores
e-Commerce Future Assignment PDF_2
3The future of retail stores looks grim although not necessarily very bad. Retail stores have dominated the retail industry for the longest time possible. The invention of online shops and e-business through technology advancement is the most significant threat to retail stores. Most of the companies are now focusing on convenience and price rather than the physical distribution ofproducts therefore retail business is under threat (Andam, 2014). Although shopping is an experience, the social aspect of meeting friends when shopping in retail stores cannot be underestimated. Introduction of online shops has given the consumer the necessary leverage to buy at the comfort of their places with a click of a button. This is technology for you.The retail store in focus is Coles supermarket Australia Pty Ltd. It is headquartered in MelbourneAustralia and owned by Wesfarmers. It has a vast network of physical stores amounting to 801 intotal in Australia. This is an extensive network of physical retail stores that was founded in 1914 and has more than 100,000 employees. Coles online is its online shopping company that helps inease of shopping through digital platforms. Coles online has been growing at the supernormal rate, and it is clear that over the last few years, e-business will take over the Australian markets. Its current operations are all ranges of clothes and food items and all household goods and items(Chakraborty, Lee and Rao, 2016). Together with its main competitor and rival Woolworth, they command 80% of the Australian market. ColesCole’s supermarkets has noticed the impact of digital retail to its sales and revenues. The goal is to increase its visibility online so as to tap more on the sales on the electronic platform. To achieve these goals, the retailer will put digital first, according to Coles management. The company plans to renovate its stores, digital channels and supply chain to work together as a
e-Commerce Future Assignment PDF_3
4smart grid. For example, the back rooms of Cole’s stores simply will not have any products before moving them to the sales room(Chakraborty, Lee and Rao, 2016). By 2019, all l retailers will double as hyper local distribution centers, from which Cole’s supermarket sends orders. Cole’s plans are a clear signal of the impact that electronic commerce is having on the supply chain. While the impact is more pronounced with companies that deal directly with customers, it is also reaching businesses from business to business. Coles and e commerceColes has been using e commerce. In fact a lot of resources has been put into the digital platform for sales and service delivery to customers. Online retail business is the way to go. The emergence of people willing to shop online is the key reason why Coles is determined to create arobust e commerce platform(Chiu, Wang, Fang, and Huang, 2014). The e commerce solutions serve e-commerce companies by providing data visibility, production science, product traceability, and cost and quality management. It is very likely that the current changes will become even more marked.The fact is that the comfort of home, the tranquility and delay hours looking for and asking Internet users about products make electronic commerce the option for many to buy articles of any kind. The security, the confidence in the transactions and the volume of operations were factors that determined the choice of the best e-commerce sites by the specialized firm(Wang, Wang, and Liu, 2016). In the same way, the number of unique visitors was taken into account, since this point helps determine the prestige of a page.Consumers also use social networks to compare and evaluate the different offers of retailers. UPS shipping solutions help retailers grow and improve satisfaction with online sales
e-Commerce Future Assignment PDF_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
E-Business Applications - PDF
|13
|2166
|328

E-business Application for Coles Retail Store
|10
|2725
|365

Knowledge Management for Coles Supermarkets Pty Ltd Report 2022
|4
|1056
|29

The Digital Landscape: Impact of Online Shopping on Traditional Stores
|10
|2911
|2

The Future of E Commerce Amazon | Study
|4
|760
|33

Digital Marketing Strategy
|7
|1188
|261