U.S Honey Market

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Pages: 12

Category: Business and Industry

Date Submitted: 05/07/2013 03:30 AM

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Background Problem Statement Particularly Referring to QUESTION ONE

It is a widely established fact that the evolution of Internet overall as a concept has leveled the playing field of firms, notably so in the world of E-Commerce. The most notable advantages that merchants experienced as a result of the aggressive expansion of Internet and, E-commerce as business practice concepts in the 21st century are: the reduced need to dedicating resources in researching and obtaining an optimal geographical location for their outlets, as well as, the trimmed down need to promote the business in the high cost advertising channels like the Yellow Page, magazines and newspapers. Nevertheless, in spite of the innovation revolving around E-commerce, as well as, the cost efficiency opportunities related to it, it is important denoting that the business entities operating online encounter new playing fields characterized with new serious barriers. Amongst these serious barriers the most remarkable and frequently encountered are: the language barrier, the shipping barrier, the barrier related with trust and hygiene, as well as, the import restrictions.

In order to ensure optimal performance through introducing E-commerce as an essential part of the business model entities are obliged to profoundly investigate the implications of these barriers. Furthermore, business entities in this process ought to comprehend that unlike the barriers in the brick-and-mortar industrial sector that are defined by limits (limited land, limited advertising space, a limited customer base), barriers in ecommerce are defined by the unlimited nature of the Internet. Consequently, unlimited customers are being chased by seemingly unlimited competition.

QUESTION 1.a: Table for Language, Shipment, Hygiene, Trust, Import Regulation

QUESTION 1.b:

From the above analyzed websites the conclusion it was derived that...