E-commerce Power Station

19/04/2022

19/04/2022

Facebook Live interviewing: E-Commerce

19/04/2022

Our first Facebook live interviewing will start later~

16/04/2022

Interview video
Those online scams you have experienced while shopping online
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By:Dai, JiaWen

15/04/2022

Interview Video：
E-Commerce difficult as the only business model in Malaysia
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By: Chan

07/04/2022

E-Commerce difficult as an only business model in Malaysia
Click the link and read the full article
https://94share.wixsite.com/jc30/post/join-us-for-a-live-feed-of-the-weekly-news-conference
By: Chan

1 MARCH 2022 MALAYSIA has created many opportunities for all e-commerce novices and veterans since 2019 due to its dynamic economic development and developed infrastructure. With the increase in the number of online shoppers and food delivery due to the outbreak of the epidemic, the e-commerce lands...

16/03/2022

The network is risky, and you need to pay with caution

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https://94share.wixsite.com/jc30/post/behind-the-scenes-of-the-latest-financial-forum

By: Dai, JiaWen

Because of the epidemic, most people choose not to go out at home to protect their health and their families, at this time online shopping has gradually become the public's first choice for shopping, and many merchants have also chosen to switch to online transactions. However, while online shopping...

16/03/2022

The rise of E-commerce transforms traditional businesses and acquires a wider audience

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https://94share.wixsite.com/jc30/post/the-rise-of-e-commerce-transforms-traditional-businesses-and-acquires-a-wider-audience

By: Foo Yi Wen

The trend of E-commerce in Malaysia is gradually increasing, and the more famous platforms are Shopee, Lazada and Facebook, etc. KUALA LUMPUR: The Covid-19 pandemic has made many traditional businesses unable to operate, so traditional businesses have transformed to E-commerce in order to continue t...

15/03/2022

15/03/2022

Special Considerations
Ecommerce has changed the way people shop and consume products and services.

More and more people are turning to their computers and smart devices to order goods, which can easily be delivered to their homes. As such, it has disrupted the retail landscape. Amazon and Alibaba have gained considerable popularity, forcing traditional retailers to make changes to the way they do business.

But that's not all. Not to be outdone, individual sellers have increasingly engaged in e-commerce transactions via their own personal websites. And digital marketplaces such as eBay or Etsy serve as exchanges where multitudes of buyers and sellers come together to conduct business.

INFOGRAPHIC: https://www.investopedia.com/terms/e/ecommerce.asp

15/03/2022

Advantages and Disadvantages of E-commerce
E-commerce offers consumers the following advantages:

- Convenience: E-commerce can occur 24 hours a day, seven days a week.

- Increased selection: Many stores offer a wider array of products online than they carry in their brick-and-mortar counterparts. And many stores that solely exist online may offer consumers exclusive inventory that is unavailable elsewhere.
But there are certain drawbacks that come with ecommerce sites, too. The disadvantages include:

- Limited customer service: If you shop online for a computer, you cannot simply ask an employee to demonstrate a particular model's features in person. And although some websites let you chat online with a staff member, this is not a typical practice.

- Lack of instant gratification: When you buy an item online, you must wait for it to be shipped to your home or office. However, e-tailers like Amazon make the waiting game a little bit less painful by offering same-day delivery as a premium option for select products.

- Inability to touch products: Online images do not necessarily convey the whole story about an item, and so e-commerce purchases can be unsatisfying when the products received do not match consumer expectations. Case in point: an item of clothing may be made from shoddier fabric than its online image indicates.

INFOGRAPHIC: https://www.investopedia.com/terms/e/ecommerce.asp

15/03/2022

History of E-commerce
Most of us have shopped online for something at some point, which means we've taken part in ecommerce. So it goes without saying that ecommerce is everywhere. But very few people may know that ecommerce has a history that goes back before the internet began.

Ecommerce actually goes back to the 1960s when companies used an electronic system called the Electronic Data Interchange to facilitate the transfer of documents. But it wasn't until 1994 that the very first transaction. took place. This involved the sale of a CD between friends through an online retail website called NetMarket.

New technology continues to make it easier for people to do their online shopping. People can connect with businesses through smartphones and other devices and by downloading apps to make purchases. The introduction of free shipping, which reduces costs for consumers, has also helped increase the popularity of the ecommerce industry.

INFOGRAPHIC: https://www.investopedia.com/terms/e/ecommerce.asp

15/03/2022

Understanding E-commerce
E-commerce involves more than one party along with the exchange of data or currency to process a transaction. It is part of the greater industry that is known as E-business, which involves all of the processes required to run a company online.

E-commerce has helped businesses gain access to and establish a wider market presence by providing cheaper and more efficient distribution channels for their products or services. Target supplemented its brick-and-mortar presence with an online store that allows customers to purchase everything from clothes and coffeemakers to toothpaste and action figures right from their homes.
Ecommerce operates in all four of the following major market segments.
1. Business to business, which is the direct sale of goods and services between businesses

2. Business to consumer, which involves sales between businesses and their customers

3. Consumer to consumer, which allows individuals to sell to one another, usually through a third-party site like eBay

4. Consumer to business, which lets individuals sell to businesses, such as an artist selling or licensing their artwork for use by a corporation
Ecommerce may be thought of like a digital version of mail-order catalog shopping.

INFOGRAPHIC: https://www.investopedia.com/terms/e/ecommerce.asp