Impact of COVID-19 on E-commerce Market: A Study on Amazon
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Added on  2023/06/11
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This research paper aims to identify the impact of global pandemic COVID-19 on the E-commerce market, with a study on Amazon. It includes the concept of E-commerce market, impact of COVID-19, and strategies adopted by Amazon.
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Research Methods Impact of global pandemic COVID-19 on the E-commerce market
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Table of Contents ï‚´Background of the project ï‚´Project rational with justification ï‚´Research aim ï‚´Research objectives ï‚´Research questions ï‚´Literature review ï‚´References
BACKGROUND OF THE PROJECT ï‚´E-commerce refers to the process of purchasing and selling goods and services over the Internet. It is generally conducted over smartphones, tablets, computers and many other devices. ï‚´In this modern world, everyone purchases through e-commerce (Bhatti and et. al., 2020). It is known as the substitute of brick-and-mortar stores, but there are some companies who select to maintain both.
PROJECT RATIONAL WITH JUSTIFICATION ï‚´The main motive of doing the present investigation is to carry out detailed information about the impact of global pandemic COVID-19 over e-commerce market (Periasamy, 2020). ï‚´This report includes the benefits gained by e-commerce companies due to outbreak of COVID-19 because people were unable to move out from their houses so they switched to online platforms for ordering their needed products.
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Research Aim To identify the impact of global pandemicCOVID-19ontheE- commercemarket.Astudyon Amazon
Research Objectives ï‚´To understand the concept of E-commerce market along with its types used within UK retail industry ï‚´To determine the impact of global pandemic COVID-19 on the E-commerce market ï‚´To analyse the strategies adopted by Amazon to increase sales during COVID-19
Research questions ï‚´Explain the concept of E-commerce market along with its types used within UK retail industry? ï‚´What is the impact of global pandemic COVID-19 on the E-commerce market? ï‚´What are the strategies adopted by Amazon to increase sales during COVID-19?
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LITERATURE REVIEW ï‚´According to Hasanat and et. al., (2020), E-commerce is the procedure of buying and selling tangible commodities and services online. It includes more than one party along with exchange of information or currency to process appropriate transactions. ï‚´According to Patel and Bhatt (2020), it is determined that there is positive impact of global pandemic COVID-19 on the E-commerce market because it has included steady and strong growth of internet users and increasing awareness related to online shopping, online introducing and launching of products.
References ï‚´Bhatti and et. al., 2020. E-commerce trends during COVID-19 Pandemic.International Journal of Future Generation Communication and Networking,13(2), pp.1449-1452. ï‚´Ghandour, A. and Woodford, B.J., 2020, November. COVID-19 impact on e-commerce in UAE. In2020 21st International Arab Conference on Information Technology (ACIT)(pp. 1-8). IEEE. ï‚´Hasanat and et. al., 2020. The impact of coronavirus (COVID-19) on e-business in Malaysia.Asian Journal of Multidisciplinary Studies,3(1), pp.85-90.