Recent Trends in E-Commerce

In the 21st Century in which we all are living technology is become a necessity and therefore, its application in business and commerce are not a matter of choice but a matter of compulsion. This is why the global competition could be faced with the five vital components namely quality, cost, convenience, communication and time could be attainable if we make transactions electronically. These five facets are also of paramount significance when we have to face stiff and throat cutting competition. The seeds of the trends, issues and challenges now taking hold in E-commerce and mobile commerce was infused or injected into business during the early days, long before the shakeout began. Today, as the dust settles, are those trends, issues and challenges have come up to show clearly toward the future of E-commerce transforming into Mobile Commerce. The emerging trends, issues and challenges in E-commerce include- multi-channel retailing; more satisfied users; users doing own things; losing out the mid-size E-tailer; losing human relations; and more profits. The emerging economies are known as BRICS countries namely-Brazil; Russia; India; China and South Africa have come out with online merchants incredible growth potential and opportunities, but also challenges when it comes to developing specific local payment plans. Handheld devices that can access the internet arerevolutionizing E-commerce further. Today we are transacting through mobiles which are called ‘Mcommerce.’ There is a possibility that in coming years M-commerce becomes less attractive hen some improved devise may come up