Posted: July 19th, 2023
E-Commerce and Globalization
E-Commerce at Amazon.com
There are a myriad of advantages and disadvantages of selling books and good over the internet. Some advantages to selling goods over the internet are the sheer amount of people that the internet has the ability to reach. Malls, boutiques, among other merchant stores are sometimes in centralized locations do not have the ability to reach some suburban and rural populations; thus, having an internet store does arm merchants with the ability to sell their product to the masses. Furthermore, selling books and other goods over the internet is also more cost-effective as processing orders requires a distribution center instead of having stores all over the country which require staffing and rent, among other overhead costs. Though, with all advantages come some disadvantages including some issues for the consumer. Consumers are unable to touch or see the good or product in its physical capacity which causes some disconnect for the consumers and it may lead to potential dissatisfaction with the product upon receipt.
In the age of the iPod, BlackBerry’s, and other technologies that have enabled people to get information at the tips of their fingertips, Amazon has done an excellent job of changing with the marketplace. As things like books and movies are able to be downloaded almost instantly from the Internet, the demand to purchase a hardcover book or a DVD has decreased. Jeff Bezos’s, CEO of Amazon, developed “the Kindle, an electronic reader that some analysts have called the next iPod” (Machan, 2008). The business model of buying books from the site has definitely changed in light of the fact that books can be downloaded and by developing a product where books can be instantly downloaded via the website, puts Amazon in as a front runner in the technology evolution. By constantly being on par with the changes, it allows Amazon to maintain its niche as a “go-to” website to download books and movies via their own product. In light of books of being instantly downloaded, Amazon has changed its business and adapted to the constantly evolving technological and social dynamic that has been created.
The ever changing social and cultural dynamic, e-commerce is embedding itself in the fabric of society. It was reported by the New York Times, that the social networking site “Facebook has long promoted the value of such social ads, saying that word of mouth from friends is more valuable for users and marketers alike than generic marketing messages” and that “e-commerce sites are increasingly benefiting from tying their services into the Facebook platform” (Helft, 2011). Via Facebook, the strengths of e-commerce can be measured and the benefits are noticed. The retail clothing line, American Eagle, reported that “users referred by Facebook spent 57% more than average on the site” when online shopping (Helft, 2011). E-commerce is the way of shopping in future generations and by supplementing stores with an online component, it allows a greater population to reach the same product.
¶ … bottom line is that globalization is the new economic reality for the 21st century. Manufacturers and service providers are not necessarily chasing the lowest cost labor hour, as they are more interested in chasing talent and skill sets not easily recruited in their regions of the world. While the low-cost, commodity-like products get the most attention and anger from unions and organized labor, the majority of money being spent in this area has to do with very complex, difficult projects. Consider for example the value chain of the global auto industry, and how the Japanese have consistently led the market with new product innovation including hybrid engines like those found in the Toyota Prius, or the continual innovation in safety engineering in German auto manufacturers (Sturgeon, Van Biesebroeck, Gereffi, 2008). There are knowledge centers emerging globally, and they vary by industry. These knowledge centers are very attractive to companies needing expertise, and it is much more efficient to hire talent in these locations than attempt to recruit or develop it inside a company (Sturgeon, Van Biesebroeck, Gereffi, 2008). So while many unions and organized labor groups cry foul over outsourcing, in reality, this trend is protecting more jobs by giving companies a chance to compete globally by being smarter about how the built and market products.
Outsourcing Is More than Cost Reduction
Value chains in businesses thrive on new intelligence and knowledge, and being able to quickly change direction based on them (Sturgeon, Van Biesebroeck, Gereffi, 2008). That is the catalyst of the greatest percentage of outsourcing today. True outsourcing is taking the most challenging problems and seeking to gain insights and intelligence from expertise in various knowledge centers of the world. There are companies who also chase the lowest labor hour get on a treadmill that is very tough to stop. Once a business model is based purely on price it is either through exceptional innovation and a steady flood of new products, or a continual cost reduction strategy that they survive (Sturgeon, Van Biesebroeck, Gereffi, 2008). Outsourcing drops the costs of common goods, many of them commoditized and sold on price in mass merchandisers including Wal-Mart, K-Mart and Costco. The price points of these products enable cash-strapped families who are working to survive this recession a chance to make ends meet. Yet this is just a small percentage of overall outsourcing, as billions of dollars are spent on gaining insights and intelligence from knowledge centers globally for competitive advantage (Sturgeon, Van Biesebroeck, Gereffi, 2008).
The uncomfortable truth too is that the U.S. is also benefiting greatly from other countries coming to this nation to outsource their manufacturing here. In my state, California, the leading exports are civilian aircraft, which are 4.4% of all state exports (U.S. Census Bureau, 2010), electronic integrated circuits, which are 2% and parts & accessories for data processing equipment (1.9%). Asian nations who need aircraft expertise “outsource” their projects to California because our state has the world leaders in this industry, from Boeing and Lockheed Martin to Northrop-Grumman and Teradyne. As this example illustrates, outsourcing is more about going after expertise needed, less about costs. Is California the global low-cost leader in civilian aircraft? Most likely not. But do the aircraft designed, built and serviced here last for decades in service? Most definitely, one just has to look at the record for the Northrop jets now in service across the armed forces of the world. It call comes down to going after knowledge first and seeking competitive advantage through more efficiency as a result.
Sturgeon, Van Biesebroeck,, & Gereffi, . (2008). Value chains, networks and clusters: reframing the global automotive industry. Journal of Economic Geography: Global Production Networks: Debates and Challenges, 8(3), 297-321.
U.S. Census Bureau, Foreign Trade. (2010). Total U.S. exports (origin of movement) via California top 25 6-digit hs commodities based on 2009 dollar value (U.S. Census Bureau Analysis). Washington, D.C.: Government Printing Office . Retrieved from http://www.census.gov/foreign-trade/statistics/state/data/ca.html
Helft, Miguel. (2011, April 6). Facebook promotes social e-commerce. Retrieved from http://bits.blogs.nytimes.com/2011/04/06/facebook-touts-social-e-commerce/
Machan, Dyan. (2008, November 28). Jeff bezos on the future of amazon.com. Smart Money, Retrieved from http://www.smartmoney.com/invest/stocks/jeff-bezos-on-the-future-of-amazon-com/
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
There is a very low likelihood that you won’t like the paper.
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!
Place an order in 3 easy steps. Takes less than 5 mins.