The Impact of Ecommerce Technology on Business Organizations

This report delves into the crucial role of digital technologies, specifically Ecommerce, in modern business organizations. It highlights how Ecommerce facilitates increased efficiency, productivity, and profitability. The report traces the development of Ecommerce from its origins in telecommunications and Electronic Data Interchange to its current state, emphasizing its importance in expanding market reach and reducing operational costs by eliminating physical stores. It discusses various technological platforms and software used in Ecommerce, such as Magento and Shopify, and identifies the different types of business organizations that leverage this technology, including Amazon and Flipkart. Furthermore, the report assesses the effectiveness of Ecommerce as a business tool, focusing on its ability to lower costs and expand business operations. The recommendation is for business organizations to integrate Ecommerce to enhance productivity and profitability. Desklib provides access to similar reports and study tools for students.

Digital technology and
business

Table of content
 INTRODUCTION
 About the Topic: Ecommerce
 Importance of chosen topic
 Development of the topic
 Discussion of the technology and its use in business
 Technological platforms and Software

Table of content
 Types of business organisations that use the technology
 Effectiveness of technology as business tool
 Recommendations
 CONCLUSION
 REFERENCES

Introduction
Digital technology has become an essential part of a organisation that gives crucial
aspects of a business. This process helps a company in increasing the level of its efficiency,
productivity as well as profitability by using it an effective way (Kedziora and
KIVIRANTA, 2018).

About the topic: Ecommerce
The technology of Ecommerce refers
to the purchasing and selling of goods as well
as services along with transferring the
information and funds through an electronic
network, mainly Internet. This technology
helps an organisation in interacting with a
huge number of people across the global
world.

Importance of Ecommerce
The technology of Ecommerce, in
context of business, facilitates an
organisation through creating a broad variety
of opportunities for increasing the range of
goods to enhance more sales. Ecommerce is
significant in business as it reducing its cost
through eliminating the need of physical
store (Martínez-Caro, Cegarra-Navarro, and
Alfonso-Ruiz, 2020).

Development of ecommerce
The history of ecommerce technology starts with telephonic
development at the end of last century. It has originated in a standard for
business information and documents exchange among suppliers and
customers of business. The technology of Electronic Data Interchange has
widely viewed as the beginning of ecommerce (Moro Visconti, 2020).

Use of Ecommerce in business
The technology of ecommerce occurs
daily especially when a buyer or a seller of an
organisation use facilities of Internet for dealing
with their business transactions. Within business,
the use of ecommerce facilitates a seller in selling
its products as well as services and also in
purchasing raw material and related elements, etc
(Nurdin, Pettalongi and Mangasing, 2019).

Technological platforms and
Software
The technology platform refers to the foundation for building and running the
various applications of the business (Tekic and Koroteev, 2019). There are various
software that are used in ecommerce and some of the most polular economic platforms
include Magento, Shopify, BigCommerce, Salesforce Commerce Cloud, Wix, Volusion
and Big Cartel.

Types of business organisations that use
the technology
There are multiple organisations that are using ecommerce technology and
these companies involve Amazon, Flipkart Internet Pvt Ltd., Grofers India Pvt. Ltd.,
Nykaa E-Retail Pvt. Ltd., Zomato Ltd., Just Dial Ltd., Byjus and many more (Zehir,
Karaboğa and Başar, 2020). There are four main traditional types of ecommerce
business and these include Business-to-Business, Business-to-Consumer, Consumer-
to-Business and Consumer-to-Consumer.

Effectiveness of technology as business
tool
One of the greatest effectiveness of ecommerce technology as a business
tool is in helping organizations that are interested in the process of selling online to
their sellers reduce business costs. The world of ecommerce technology has
multiple affordable and quick approaches to market the goods and services of an
organisation through online mode. As a business tool, the technology of ecommerce
facilitates an organization in expanding its business operations and sales volume.

Recommendations
From above explanation of the various aspects of Ecommerce, it is recommended
to business organisation that it should develop the technology of ecommerce within its
company. This technology will facilitate the organisation in increasing the productivity as
well as profitability of the company.