The Impact of e business:

Internet and the new technologies are the main source of successful e business. It has a huge impact in both retail and human life. E business has created different features and new activities that consumers and business can participate. The activities like hopping twenty four hours a day, seven days a week,from the comfort of your home,gathering information to be more informed consumer: visiting variety of "stores" to see who has  the best price,creating the appearance of relationship with the customer and stream lining business to business ordering to reduce prices for the customers.The activity of the people are most familiar with the online shopping for example consumer can find products on their web site,purchase item,and shipped either to their home or to the nearest store.The most famous sites for purchasing items are Amazon.com, ebay.com, buy.com, costco.com etc

There are lots of  reason why people depend on e business. Nowadays people compare the things they need  by sitting at home through the computer. They no longer physically drive to stores to compare prices of the items they plan to purchase.They can log onto companies website and check the prices and check the other company how they compare.We can find several sites that are design comparison shopping mind of people.There is a a site called Pricewatch for the computer retailers, in which companies register items in the web and site displays items to the user based on price and other search criteria.







E business is not  just for the consumer to business for consumer markets but it is also widely used in B2B to streamline process and reduce the cost. Today the e business has the tremendous impact in the retail industry which has made more easy and reliable to the people. Retailers have to adopt to adopt the new technological  demands from users to made them participate in e business industry. Thus, many of the company responded to this demand by providing the websites not only display information but also interact with inventory system and allow to take order from the net.We can find the most common users of the new web sites are the one who are grown around the computers.In my opinion, e business is the growing business with a growing technology and it will never stops impact on our life.

Reference:
Yahoo Voices 2007, The  Impact of E business on retail Market, viewed on  18th May, 2012
<http://voices.yahoo.com/the-impact-e-business-retail-market-548868.html>