Explanation of Mobile Commerce
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Added on 2021-02-19
Explanation of Mobile Commerce
Added on 2021-02-19
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Mobile Commerce
ContentsContents...........................................................................................................................................2INTRODUCTION...........................................................................................................................1MAIN BODY..................................................................................................................................11. Explain the e-commerce services which provided by the m-commerce.................................12. Role of E-commerce in the retailing........................................................................................23. M-commerce such as fragmented market................................................................................24. Retailers spend much of their IT budget on m-commerce......................................................35. Impact of m-commerce on competition among retailers.........................................................46. Difficulties in managing mobile technology...........................................................................47. Future for m-commerce...........................................................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONMobile commerce is the online platform of buying & selling of goods and variousservices with the help of wireless connection such as internet. Mobile commerce include thevarious hand sets such as smartphones and tablets. Without e-commerce, M-commerces areenable to complete their task such as online shopping. It help in including the most affectiveindustry such as: Financial, telecommunication, service & retail, information services etc. Thisreport include the various topics such as what is e-commerce, discuss the role of m-commercein the retail company. In addition, how retailers spend their IT budget on m-commerce and otherdifficulties which affect the organization as well as competitive advantage. Along with this, itincludes the future of m-commerce. MAIN BODY1. Explain the e-commerce services which provided by the m-commerceThere are various e-commerce activities or functions provided through m-commercewhich help the organization in order to increase their sales and demand of product whichautomatically increase the profit margin and it is discussed below:Financial services: Mobile commerce includes the banking as well as other serviceswhich help the individual as well as organization to maintain their finance throughmobile applications (Eastin and et. al., 2016). All the activities and services displayed onthe handheld device. Transfer of funds through mobile applications help the individualmakes their daily life easy and comfortable. Telecommunication: It is the service which is used on regular basis such as pay bills,review their accounts and other services that is handle on the same device. Along withthis, electronic ticket and booking affect the business. Service& retailer: This e-commerce services provide the online booking and paymentwhich help the individual to make their task more easy. For example: booking ofrestaurant and other online services. Information services: It includes the financial information which further helps inincreasing their knowledge regarding sports, news, traffic updates etc. in the singlephone. 1
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