E-commerce Adoption on Inventory Management for Manufacturing Companies in Nigeria: An Econometric Study | Chapter 6 | Business, Management and Economics: Research Progress Vol. 3

 

Electronic commerce, otherwise known as e-commerce is increasingly evolving itself into a dynamic force changing the logistics activities within the Nigerian manufacturing industry. Inventory management is an essential element of supply chain management, involving the supervision and control of the order, storage, and utilisation of components essential for production, as well as the management of finished products awaiting sale. The study examined the effect of Business-to-Business E-commerce adoption on inventory management using manufacturing companies in Nigeria under the category of consumer goods as a case study. Inefficient inventory management leading to a rise in costs and a decrease in customer satisfaction level is one of the major challenges encountered by Nigerian manufacturing companies but this can be resolved through the implementation of e-commerce hence the study focussed on inventory management variables which are; inventory accuracy, stockout frequency, inventory turnover rate, demand forecasting accuracy, storage optimisation, inventory holding costs, supplier reliability, inventory audit frequency, obsolete inventory and inventory replenishment. The explosion of e-commerce in the logistics sector has posed a challenge that must be effectively managed to sustain the volume of goods across long distances, the interface between e-commerce and in particular inventory management, for instance via stocks and warehousing has become so important to be overlooked. The study was carried out in Nigeria and the population of the study includes staff of 20 manufacturing companies listed on the Nigerian Stock Exchange as of 2023. A simple random sampling technique was used to select 718 respondents. Data was collected through a structured questionnaire and was analysed using both one-sample t-test analysis and multivariant regression analysis. E-commerce has a positive and significant effect on stockout frequency (P = 0.000), inventory turnover rate (P=0.000), demand forecasting accuracy (P=0.000), storage optimisation (P=0.000), and inventory replenishment (P=0.000). The findings revealed significant improvements in inventory accuracy, reduced stockout frequency, increased inventory turnover rate, and improved demand forecasting accuracy. Evidently, these findings imply that the adoption of e-commerce is essential in optimising inventory management processes and thus recommends that manufacturing companies should further utilise digital tools to enable better forecasting in inventory management and efficient stock handling in order to efficiently track stock levels, enhance demand forecasting and then improve the overall inventory control.

 

Author(s) Details

 

Omorinde O. A.
Department of Transport Management, Ladoke Akintola University of Technology, Ogbomoso, Oyo State, Nigeria.

 

Ayantoyinbo B. B.
Department of Transport Management, Ladoke Akintola University of Technology, Ogbomoso, Oyo State, Nigeria.

 

Dosunmu V. A.
Ogbomoso, Oyo State, Nigeria.

 

Please see the book here:- https://doi.org/10.9734/bpi/bmerp/v3/1476

E-Commerce and Consumer Psychology: A Case Study of Online Shopping Behavior in Bhopal City | Chapter 10 | Science and Technology: Developments and Applications Vol. 6

The exponential rise in internet penetration and mobile technology adoption has transformed consumer behaviour, fuelling a massive shift towards online shopping in India. This digital transformation has paved the way for a dynamic e-commerce market where customer preferences, trust factors, and purchasing habits play a pivotal role in shaping business strategies. Understanding the key determinants influencing consumer behaviour is essential for e-commerce companies to optimize their platforms, improve customer satisfaction, and build long-term engagement.

This study delves into the mindset of consumers in Bhopal City regarding online shopping, analyzing their perceptions, motivations, and challenges. A structured online survey was conducted using Google Forms, gathering responses from 166 participants across diverse demographics, including students, working professionals, and self-employed individuals. The study investigates critical factors such as trust and security concerns, preferred payment methods, purchasing patterns, product preferences, and the role of digital marketing in influencing consumer decisions.

The findings reveal that while online shopping is widely accepted due to its convenience, competitive pricing, and wide product range, several barriers still hinder its full potential. Issues related to payment security, online fraud risks, delayed deliveries, return policies, and the reliability of product descriptions were found to impact consumer confidence. Moreover, the study highlights how social media advertisements, promotional discounts, and influencer marketing have emerged as significant drivers of online purchasing decisions.

The insights gained from this research are particularly beneficial for e-commerce businesses, digital marketers, and policymakers, enabling them to develop strategies that address consumer concerns and enhance their online retail experience. By understanding the evolving digital consumer behaviour in tier-2 cities like Bhopal, e-commerce companies can refine their market approaches and expand their customer base more effectively.

 

Author (s) Details

Sanjeev Gour
Department of Computer Science, Medicaps University, Indore, M.P, India.

 

Hemant Pal
Department of Computer Science, Medicaps University, Indore, M.P, India.

 

Manish Joshi
Department of Computer Science, Medicaps University, Indore, M.P, India.

 

Abdul Razzak Khan Qureshi
Department of Computer Science, Medicaps University, Indore, M.P, India.

 

Please see the book here:- https://doi.org/10.9734/bpi/stda/v6/4639

Transforming Online Retail: The Impact of Augmented and Virtual Reality on Consumer Engagement and Experience in E-Commerce | Chapter 6 | Current Progress in Arts and Social Studies Research Vol. 10

This study investigates the transformative role of augmented reality (AR) and virtual reality (VR) technologies in e-commerce and digital marketing. It aims to understand how these immersive technologies enhance consumer experiences by addressing challenges like product visualization, consumer trust, and engagement while fostering higher purchase intent and customer satisfaction. A systematic literature review synthesizes findings from empirical and theoretical studies published between 2011 and 2024. The methodologies analyzed include experimental designs, market analyses, and conceptual frameworks assessing the integration of AR and VR technologies in online retail. The findings indicate that AR enhances online shopping through features such as virtual try-ons and spatial placement visualization, reducing return rates and increasing purchase confidence. Conversely, VR provides immersive environments that simulate physical shopping experiences, strengthening consumer-brand connections. While AR demonstrates broader applicability in fostering interactive and personalized experiences, VR remains limited by accessibility and cost constraints. Both technologies exhibit immediate costs but offer long-term benefits, positively influencing conversion rates and customer loyalty. This study contributes to consumer behavior research by applying value perception models, immersive technology frameworks, and engagement metrics to the e-commerce landscape. It refines existing theoretical perspectives on technological adoption by highlighting the interplay between sensory engagement, emotional connection, and consumer decision-making. The research underscores the strategic importance of integrating AR and VR into digital marketing and e-commerce platforms. It suggests leveraging AR for product categories requiring spatial interaction and using VR for high-detail product exploration. The study provides actionable insights for businesses looking to enhance online shopping experiences through immersive technologies. This study offers a comprehensive synthesis of AR and VR applications in e-commerce, highlighting their potential to reshape online shopping. Bridging the gap between physical and digital retail experiences provides a fresh perspective on how immersive technologies can drive engagement, accessibility, and personalized consumer interactions. While this study synthesizes existing literature, empirical validation through longitudinal studies and cross-industry applications is necessary. Future research should explore the long-term effects of AR and VR adoption on consumer trust, loyalty, and behavioral changes. Additionally, further exploration is encouraged into gamification, artificial intelligence (AI) integration, and demographic-specific implementations to drive sustainable engagement.

 

Author (s) Details

Maria Nascimento Cunha
ISMT -Instituto Superior Miguel Torga, Coimbra, Portugal.

 

Oleksandr P. Krupskyi
Oles Honchar Dnipro National University, Dnipro, Ukrain.

Please see the book here:- https://doi.org/10.9734/bpi/cpassr/v10/4425

Online Shopping Behaviours in an Emerging Economy of Eastern Cape, South Africa | Chapter 2 | Contemporary Issues of Business and Management: The Proceedings of the 10th International Conference on Business and Management Dynamics (ICBMD), Edition 1

E-commerce has proliferated over the last decade due to its ease and convenience. This has resulted in a new era of shopping, where society now uses online shopping platforms on electronic devices such as cell phones, tablets, laptops, and computers to make purchases. Although e-commerce research has increased over the last ten years, there is still insufficient attention to online shopping in emerging economies.

This study contributes to the body of knowledge and the call for studies in this area within developing economies. The study examined the characteristics of university students in South Africa and their perceptions of online shopping behaviour. The perception variables measured for online shopping behaviour were functionality, risk, convenience, decision influence and security.

The focus locale was the Eastern Cape, South Africa, an emerging economy. The study followed a quantitative investigation employing a questionnaire as the selected research instrument. A total of 219 university students participated in the investigation. Furthermore, the analytical approach entailed a statistical analysis using SPSS.

The study revealed that university students prefer online shopping using their cell phones, with fashion being the most popular online product category purchased. The study further explored that university students in an emerging economy are influenced by online shopping platforms’ functionality, security, and convenience facets. University students are reluctant to shop online if such features are not apparent on the online shopping platform. Based on this study's findings, practical and theoretical contributions to the academic domain have implications for business owners trading online.

 

Author (s) Details

 

Juliet Townes
Department of Business Management, The University of Fort Hare, South Africa.

 

Angela Pike-Bowles
Department of Business Management, The University of Fort Hare, South Africa.

 

Please see the book here:- https://doi.org/10.9734/bpi/mono/978-93-49238-29-9/CH2

From Cart to Click: Understanding Consumer Attitude towards Technology Enabled Online Grocery Shopping | Chapter 2 | Science and Technology - Recent Updates and Future Prospects Vol. 6

Online grocery shopping is trending worldwide as one of the most expedient e‑commerce practices. Many people have started purchasing their groceries online and this has allowed the researchers to identify and analyse the factors that influence the consumers for making online purchases. We have observed that until around 5 years back, the daily grocery requirements of the Indian consumers were fulfilled by the local Kirana store and to some extent by the emerging hypermarkets/supermarkets. But, with the popularity of the internet and the penetration of smartphones into the daily lives of people, several online grocery stores have been able to penetrate the Indian markets. The busy lives of people especially the urban working population, make online grocery shopping a popular choice. With traditional households still being widely spread in Indian society, online companies need to have a resounding approach to influence the buying habits and shopping patterns of consumers. The aim of this study is to understand the attitude of Indian consumers toward online grocery shopping and determine the factors that influence the consumer decision making to shop for groceries online. In this paper, we have comprehensively explored different areas associated with online grocery shopping and this study can be advantageous for online grocery retailers to articulate effective policies to gain customer confidence toward online grocery shopping. First, in-depth interviews with 20 to 25 people were conducted to have an overall impression of the views of Indian consumers on shopping the groceries online. Then, a survey with a well-thought-out questionnaire was circulated to around 150 people. The total number of complete responses was collected from 125 people. The primary data was collected and analysed to determine the consumer attitude towards online grocery shopping. The findings of the study show that the consumers are influenced by various factors like time-saving and convenience provided by online grocery shopping platforms. The result indicated that 64% of the respondents shop for groceries online, yet a considerable population was still comfortable shopping through the traditional brick-and-mortar stores. They are also influenced by the quality of products and the return policy as well as the level of comfort while using the online shopping website/ app. We have also been able to understand the reasons that prevent people from online shopping. Some people find themselves lacking the technical skills to shop online, but most people who do not shop online like going to the market personally. In the case of online shopping, an area of concern for most shoppers is trusting online applications. People are concerned about the privacy of their personal information while shopping online and need the thoughtfulness of the retailers to encourage more consumers to opt for online shopping platforms.

 

Author (s) Details

 

Dr. Deepshikha Aggarwal

Department of Information Technology Jagan Institute of Management Studies, Delhi, India.

Deepti Sharma

Department of Information Technology Jagan Institute of Management Studies, Delhi, India.

Archana B Saxena

Department of Information Technology Jagan Institute of Management Studies, Delhi, India.

 

Please see the book here:- https://doi.org/10.9734/bpi/strufp/v6/12355F

Service-Oriented Architecture for E-Marketplace Model: A Study Based on Multi-Platform Distributed System | Chapter 6 | An Overview on Business, Management and Economics Research Vol. 2

 The aim of this work is to try and create an photoelectric marketplace architecture that admits for the distribution of data accompanying online fee and courier services while mixing items from different buying. E-commerce (electronic commerce) is the venture of electronically buying or selling of amount on online services or over the Internet. E-commerce extracts technologies in the way that mobile commerce, photoelectric funds transfer, supply chain management, Internet shopping, online undertaking processing, electronic dossier interchange (EDI), inventory administration systems, and automated dossier collection systems. E-commerce is in proper sequence driven apiece technological advances of the semiconductor industry, and is the best sector of the electronics manufacturing. Online transactions immediately have a solution thanks to buying. According to information from Indonesia's Central Bureau of Statistics, there were 26.2 heap users in 2016 what number increased by 17% between 2006 and 2016. On the other side, Indonesia has visualized a tremendous increase in the growth of e-forum. In 2018, there were 100 heap transactions. E-commerce players are immediately still unable to rival the e-marketplace as it stands. This is a result of buying's restricted supply and brand selection. Increasing the number of clients and undertakings is one of the issues e-commerce managers encounter. The multi-plank e-marketplace model was grown that was integrated and could spread products from several buying. Service oriented construction was used as a method in mixing and distributing products from buying to e-marketplace. Based on the results of experiment with 90 request can be decided that the process of data dispersion from e-commerce to e-marketplace maybe done in a fast time accompanying average loaded opportunity of 0,72 seconds and the size of data achieve is relatively small accompanying packed average content of 5,68 KB. The conclusion of this study remnants the use of service-oriented design can be used for e-marketplace that integrated accompanying several e-commerce for advocating some feature like connected to the internet payment and courier.

Author(s) Details:

Yaddarabullah,
Faculty of Creative Industry and Telematics, Universitas Trilogi, Indonesia.

M. F. Muttaqin,
Faculty of Creative Industry and Telematics, Universitas Trilogi, Indonesia.

M. Rafiansyah,
Faculty of Creative Industry and Telematics, Universitas Trilogi, Indonesia.

Please see the link here: https://stm.bookpi.org/AOBMER-V2/article/view/11892

A Thematical Study to Review the Impact of Consumer Characteristics on Online Purchasing Intention in E-commerce | Chapter 8 | Current Aspects in Business, Economics and Finance Vol. 10

 The summary concerning this article offers a all-encompassing analysis of earlier research on the influence of client traits visualized in the idea of online buying intention. This will enact the foundation for identifying the research breach in this area and allure potential for more study. The key academic disciplines that have a direct impact on this background are applied sciences, trade management, information ideas technology, and shopping.The data from the assembled articles were identified, checked, and reported on utilizing a thematic analysis approach in this place paper. Core articles were erect from one hundred twelve (n=112) superior and peer-reviewed colloquiums and indexed journals between the age 2010 and 2015 for the evaluation. Consumer traits such as personality traits (Theme1) with six (n=6) substitute-themes, mathematical (Theme2) with five (n=5) subthemes, perceived traits (Theme 3) with nine (n=9) subtheme and purchase goal (Theme4) with three (n=3) subthemes were identified.This study considered the types of connections and their impact, the effects of moderating variables, and the interceding effect on the relationship 'tween the independent variable and the helpless variable. When various major variables are compared, the results are antagonistic. It is necessary to reconsider those variables for additional ratification. Several factors were identified and top-secret as Consumer, Retailer, Medium, and External environment traits. The evaluation results indicate the need for a inclusive integrated model that investigates a more extensive range of variables. As a result, different countries and countries with its own government with variable characteristics, behaviours, and socioeconomic backgrounds endure be investigated individually in the future.

Author(s) Details:

G. P. H. Kandambi,
Department of Information Systems, Faculty of Management Studies, Rajarata University of Sri Lanka, Mihintale, Sri Lanka.

W. M. Janaka I. Wijayanayake,
Department of Industrial Management, Faculty of Science, University of Kelaniya, Dalugama, Sri Lanka.

Please see the link here: https://stm.bookpi.org/CABEF-V10/article/view/9639

A Thematical Study on the Influence of Online Retailer’s Characteristics in E-commerce | Chapter 7 | Current Aspects in Business, Economics and Finance Vol. 10

 The undertaking between shopper and seller has changed on account of the technological progress of the Internet and socio-economic activities. The desire to visit a tangible shop has been dislodged by online purchasing, and retailers can immediately easily reach worldwide markets from their local base without the need for sell space or warehousing. As a result, stock exchange price is penetrated. In connected to the internet purchasing, the vendor plays an main role. This evaluation focuses on the characteristics of retailers that influence online buying. The assessment will make or get ready for determining the gap and allure scope for future research.This study was judged using a having a theme analytical approach. Between 2010 and 2015, forty-three (n=43) chief and peer-reviewed colloquiums and indexed journals were used in the judgment. Based on their working definitions, ten (n=10) substitute-themes were recognised from the investigated variables. The brand's and price's moderating skills must be investigated, even though that they are critical factors in connected to the internet purchasing. Online buying is popular in society cause it has several benefits over traditional shopping. Since in essence products and real things cannot be used as well one another, it should to investigate each brand category independently when purchasing online. The traits of retailers and their unclear antecedents demand further attention from now on research. Future studies should use a thorough joined model to examine a roomier range of variables.

Author(s) Details:

G. P. H. Kandambi,
Department of Information Systems, Faculty of Management Studies, Rajarata University of Sri Lanka, Mihintale, Sri Lanka.

W. M. J. I. Wijayanayake,
Department of Industrial Management, Faculty of Science, University of Kelaniya, Dalugama, Sri Lanka.

Please see the link here: https://stm.bookpi.org/CABEF-V10/article/view/9638

Triangular Approach to Develop a Comprehensive Conceptual Framework to Measure Online Purchasing Intention | Chapter 6 | Current Aspects in Business, Economics and Finance Vol. 10

 E-commerce has the largeness of benefits with many challenges. The correspondence of the involved bodies and verifying the rightness of the goods is still a question in online buying. A New Conceptual framework incident was conducted particularly to find a comprehensive model to measure connected to the internet purchasing goal using four studies. A having a theme literature survey was transported to evaluate hypothetical models. Factors identified were gathered and used to build the initial model (Mα) in study individual. To pinpoint a key element in the circumstances of e-commerce in research two, electronics acceptance models and E-duty quality models were exhaustively examined.  The second model testing (Mβ) was created by merging the findings of studies individual and two and regenerating the components.  The triennial model gamma (Mσ) was created accompanying modest alterations to the second model testing (Mβ), according to the Delphi plan's results.  Further, model gamma (Mσ) was tested appropriating the nominal group method with modern experts, and those results validate model gamma, without modifications, and this was before called model mu (Mμ). Online purchase goal was directly compared with the builds of the model, Personal Attributes, Social Influence, Advantage Expectancy, Effort expectancy, Facilitating Conditions, Vendor Quality, Transaction Safety, E-commerce Services, Web Quality, and Trust. The goal to make an connected to the internet purchase was also obliquely related to hawker quality, undertaking safety, buying services, and netting quality through trust.  The equivalences between the model's elements and intention to make an connected to the internet purchase were moderated by age, masculine, and expertise.

Author(s) Details:

G. P. H. Kandambi,
Department of Information Systems, Faculty of Management Studies, The Rajarata University of Sri Lanka, Mihintale, Sri Lanka.

W. M. J. I. Wijayanayaka,
Department of Industrial Management, Faculty of Science, The University of Kelaniya, Dalugama, Sri Lanka.

Please see the link here: https://stm.bookpi.org/CABEF-V10/article/view/9637

A Review of the Capability to Use Technology Acceptance Theories in the Context of Ecommerce | Chapter 5 | Current Aspects in Business, Economics and Finance Vol. 10

 Technology agreement theories are mainly met on measuring the consumer adaption of new technologies. Those science acceptance believes were using to measure online buying intention by researchers. It maybe seen those hypotheses were directly focused on mechanics components while rejecting retailer, customer, medium and most additional macro characteristic engaged accompanying online buying. Hence, it is mandatory to study the capability to use electronics acceptance hypotheses to measure online purchasing goal. Main technology acceptance hypotheses were critically judged by considering their context used, concept and process adjustment with online buying to identify the uniqueness of each model.Results of the Evaluation habitual the technology agreement theories were directly used to measure science acceptance behaviour in an administrative context. Further it was confirmed the distinctnesses in contexts, theoretical ideas and processes between the peasant in an organization and online services. Finally, evaluation was habitual, and technology acceptance believes were directly used to measure technology agreement behaviour in an organizational circumstances. When comparing the worker in an organisational circumstances to the online services in online purchasing, skilled was a distinction in circumstances, concept, process, and theoretical facets. Therefore, it is impossible to directly measure connected to the internet purchasing goal using those technology agreement theories.   Similarly, Innovation Diffusion Theory (IDT), the Unified hypothesis of acceptance and use of technology (UTAUT2) and the hypothesis of Reason Action (TRA) cannot be used  measure online buying because individual customers were engaged with new electronics such as an connected to the internet game or email, and TRA requires a extreme level of volitional control. Therefore, it is essential to build a global model that evaluates connected to the internet purchasing while maximising the theoretical bases of earlier science acceptance.

Author(s) Details:

G. P. H. Kandambi,
Department of Information Systems, Faculty of Management Studies, Rajarata University of Sri Lanka, Mihintale, Sri Lanka.

W. M. J. I. Wijayanayaka,
Department of Industrial Management, Faculty of Science, University of Kelaniya, Dalugama, Sri Lanka.

Please see the link here: https://stm.bookpi.org/CABEF-V10/article/view/9635

The Emergence of Digital Economy and New Business Models in the Era of Digital Transformation | Chapter 13 |New Innovations in Economics, Business and Management Vol. 7

 The digital economy has emerged as a result of the digital transition, as mentioned in this article. On the one hand, the digital transformation has altered people's lifestyles, while on the other hand, digitalization has completely altered business procedures. Every country, developed or developing, has been severely touched by the digital economy. The digital economy is made up of three core components, and many business models have emerged as a result of the digital transition. The internet of things, cloud computing, and e-commerce are examples of this. These three business models have favourable overall economic consequences, and they are becoming the driving force behind global economic growth.

Author(S) Details

Omar Mohammad Al-Kasasbeh
Amman Arab University, Jordan.

View Book:- https://stm.bookpi.org/NIEBM-V7/article/view/6398

Study on Design and Implementation of E-Commerce Web Application | Chapter 10 | Novel Perspectives of Engineering Research Vol. 2

 The main focus of this article is on the creation of a Web platform for pet commerce and welfare. As a result of new web technologies, a "usability subculture" has emerged. In an increasingly competitive market, user-centered design will become increasingly vital. Users may easily access Veterinary Science, clubs, and the buying and selling of pets and their accessories thanks to this programme. By visiting this website, one may make an informed decision when purchasing a new pet. In addition, one can learn about the breed and its life cycle, as well as its nature, inhabitants, food culture, and function. People who enjoy animals can choose to work as social reformers. A user can also sign up to become a member of the community and have full access to its obligations. Furthermore, people can learn about surrounding areas that are associated to pets. The attractive feature of this website is that it allows users to test the usability before making a purchase decision. As a result, the e-commerce website appears as an electronic storefront, with the web user interface acting as an electronic clerk and catalogue for direct sales.

Author(S) Details

V. Vinitha Stephie
Department of Computer Science and Engineering, Sathyabama University, Chennai, India.

M. Lakshmi
Department of Computer Science and Engineering, Sathyabama University, Chennai, India.

View Book:- https://stm.bookpi.org/NPER-V2/article/view/4387

Investigating the Dimensions of Consumer Protection in E-Commerce | Chapter 4 | Modern Perspectives in Economics, Business and Management Vol. 10

 Any business transaction that involves the transfer of data via the internet is referred to as e-commerce. In recent years, electronic commerce has increased significantly. The distinction between "traditional" and "electronic" trading will dissolve in the future as more businesses migrate parts of their operations to the Internet. The Internet has given consumers a powerful tool for searching for and purchasing goods and services. The first business-to-consumer e-commerce site in India was Baazee.com. eBay paid $50 million for Baazee.com Inc. and its subsidiary Baazee.com India Pvt Ltd in 2004. New players such as Flipkart.com, Snapdeal.com, and Amazon.in entered the E-commerce business as internet availability increased in India. Several E-commerce enterprises, such as lenskart.com, which offers spectacles, specialise on a specific product sector. Businesses are also exploring into areas where customers are hesitant to buy products and services from traditional brick-and-mortar establishments, such as cilory.com, which sells a wide range of lingerie. The prevalence of smartphones has boosted the growth of E-commerce in India. The surge in popularity of E-commerce has brought with it a plethora of customer issues, including personal information leaks, unauthorised payments, and credit and debit card information theft. The present legal protections given in the sphere of e-commerce are investigated in this article. The research also looks into areas where there are still gaps to be filled.

Author(S) Details

Rupesh Rastogi
Department of Business Administration, Azad Institute of Engineering and Technology, Lucknow, Uttar Pradesh, India.

View Book:- https://stm.bookpi.org/MPEBM-V10/article/view/4045

Impact of Mobile Access to the Internet on Sales Completion Time in e-Commerce: Recent Advances and Development | Chapter 13 | Current Approaches in Science and Technology Research Vol. 3

 E-commerce is being transformed into mcommerce with the help of a new generation of mobile devices. While traditional fixed PC Internet access is still important, mobile Internet access appears to be attracting more customers due to its flexibility. The purpose of this research is to create and test a mathematical model that captures how mobile internet access affects e-commerce. efficiency The original paper by Sumita and Yoshii [1] has been improved for more realism. Traditional ecommerce requires a fixed PC, whereas m-commerce allows for both fixed and mobile access. It is possible to derive explicit distributions of the number of items purchased by time t and the time required to sell K products. Numerical examples are used to illustrate the behavioral differences between m-commerce and regular e-commerce users.

Author(s) Details

Prof. Ushio Sumita
Graduate School of Systems and Information Engineering, University of Tsukuba, #Tennoudai 1-1-1, Tsukuba, Ibaraki 305- 8573, Japan.

Dr. Jun Yoshii
Graduate School of Systems and Information Engineering, University of Tsukuba, #Tennoudai 1-1-1, Tsukuba, Ibaraki 305- 8573, Japan.

View Book :- https://stm.bookpi.org/CASTR-V3/article/view/1418

E-Banking System Benefits and Issues | Chapter 4 | Insights into Economics and Management Vol. 11

 E-banking has become a critical component of the banking industry's future growth. Electronic banking, often known as online banking, is a service offered by many banks that allows customers to conduct all types of banking transactions over the internet, largely through the use of information technology and communication. E-banking is particularly important in many industrialised countries because it is the most cost-effective way of providing banking services. It also made it easier to shift money around the country and across borders. It is a borderless entity that allows consumers to bank whenever, wherever, and however they want. E-banking is one of the most successful on-line enterprises, saving customers and businesses time and money. It can be accessed from any computer, PDA, or mobile device with an internet connection. It also allows customers to make financial transactions through the institution's website, such as a virtual bank, a retail bank, or a credit union. Despite the many advantages of E-Banking, there are a few elements that influence its use. This research paper will provide an overview of e-banking, including its definition, functions, types, benefits, and drawbacks. In a nutshell, e-banking is banking that can be done at any time and from any location.

Author (s) Details

Hajera Fatima Khan
Accounting Department, College of Business Administration, University of Hail, Hail, Kingdom of Saudi Arabia.

View Book :- https://stm.bookpi.org/IEAM-V11/article/view/1325