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Technology growth and innovation Assignment PDF

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Added on  2021-06-14

Technology growth and innovation Assignment PDF

   Added on 2021-06-14

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Technology growth and innovation Assignment PDF_1
Introduction Technology growth and innovation has fueled e-commerce increasingly in the last decade.Today, shoppers all over the world are preferring to shop and pay for services and products overthe Internet because of the benefits attached including convenience and speed. According to arecent report, global ecommerce sales has been estimated to increase by more 20 percent in20181. Recent research indicates that eCommerce Market in Australia in Asia-Pacific is thesecond largest online population2 . With a very stable economy and close proximity to China, USand Japan, the market will grow to surpass over $20 billion in 2018. Currently, over 60 percentAustralian online buyers shop across borders from China, U.K. and U.S using popular paymentmethods such as credit and debit cards3. Freelancing has also skyrocketed globally allowinganyone to work from anywhere. Many people are working and providing their services, skillsand expertise via the Internet. According to study conducted by Intuit, approximately 40 percentof American workers will become freelancers by 20204. This report is based on an e-commercebusiness to business model. The researcher has identified to accounting services companies inAustralia. The aim is to compare and analysis how they use the B2B ecommerce model. E-commerce Models 1. Dobreva Ksenia, Global e-commerce trends and statistics, 2. Frederick Jaz, 2016 Australia ecommerce market3 . Ibid 4 . Jeremy Neuner, 40% of America’s workforce will be freelancers by 2020
Technology growth and innovation Assignment PDF_2
E-commerce is the buying and selling of goods and services via the Internet5.E-commerce canbe implemented using several models including business to other businesses in a mechanismreferred to as Business to Business(B2B), from businesses to customers or clients in Business toConsumers (B2C) model or Peer to Peer(P2P) model where consumers sell to other consumers6.For any e-commerce site, it is important to provide users with a user- friendly platform such as awebsite, blog, social networking platform where users can find information about your companyas well as all the necessary information about your goods and services. The ecommerce site isalso supposed to have user centered design so that users can easily navigate and locateinformation they are searching for. If an e-commerce platform is difficult to use and navigate,users get frustrated and end up leaving the site to look for another one. In such a case, thebusiness losses a potential customer or client and the customer may waste a lot of time searchingfor a product or service. One of the most important things to post on an e-commerce website is acontacts page so such a potential customers can call in case they are stuck or they may need moreinformation about products and services. Business to Business Model A.The selected model is Business to Business (B2B) model. The selected websites arei.High Numbers - taxation and accounting services provider in Australia. High Numbers is a registered tax agency, and a business advisor with highly professional accountants URL - http://www.highnumbers.com.au/5 . Investopedia, what is e-commerce?6 . Shelby Larson, 3 Types of Ecommerce Business Models
Technology growth and innovation Assignment PDF_3
ii.BDO Australia – provided outsourced accounting services such as taxing, auditand insurance, integrated reporting, book keeping and advisory for businesses inAustraliaURL - https://www.bdo.global/en-gb/home
Technology growth and innovation Assignment PDF_4

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