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Future of E-Commerce: A Robust Review

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Intelligent Sustainable Systems

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 579))

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Abstract

Consumers’ focus is shifting away from traditional distribution channels toward online/e-commerce, which are a hybrid of traditional and click-only channels. The Internet, particularly E-commerce, has radically transformed the commercial scene. E-commerce was previously restricted to a few services such as airline tickets, train tickets, hotel bookings, online cell-phone recharging, and so on. Recently, e-commerce has made inroads into the retail sectors. Many people in their twenties and thirties feel comfortable purchasing online. The majority of individuals prefer to shop online since they may have their purchases delivered to their home. Applications of E-commerce attempt to bring all suppliers and customers together on a single platform in order to broaden the market. The global economy is undergoing a transformation. Through the use of online technologies, all businesses are being transformed into information-based operations. The Internet has broadened the scope of businesses. E-commerce represents a paradigm shift that affects both marketers and customers. E-commerce is more than simply a tool to augment traditional company operations. It heralds a sea change in the way enterprises are done. This significant shift in business model is causing tremendous growth all over the world, including India. Massive Internet penetration has aided the growth of E-commerce, and start-ups, in particular, are increasingly utilizing this option as a differentiating business model. Furthermore, E-commerce has a huge influence on the corporate environment in which it operates.

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Author information

Authors and Affiliations

  1. Department of Management and Technology, Government Engineering College, Bikaner, India

    Surendra Kumar Vyas

  2. Department of English, Government Engineering College, Bikaner, India

    Leela Vyas

  3. Pacific Institute of Management, PAHER University, Udaipur, India

    Shivoham Singh & Manuj Joshi

Authors
  1. Surendra Kumar Vyas
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  2. Leela Vyas
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  3. Shivoham Singh
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  4. Manuj Joshi
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Corresponding author

Correspondence to Surendra Kumar Vyas .

Editor information

Editors and Affiliations

  1. School of Mathematics, Computer Science and Engineering, Liverpool Hope University, Liverpool, UK

    Atulya K. Nagar

  2. Namibia University of Science and Technology, Windhoek, Namibia

    Dharm Singh Jat

  3. Department of Computer Science and Engineering, Sri Aurobindo Institute of Technology, Indore, Madhya Pradesh, India

    Durgesh Kumar Mishra

  4. Global Knowledge Research Foundation, Ahmedabad, Gujarat, India

    Amit Joshi

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Vyas, S.K., Vyas, L., Singh, S., Joshi, M. (2023). Future of E-Commerce: A Robust Review. In: Nagar, A.K., Singh Jat, D., Mishra, D.K., Joshi, A. (eds) Intelligent Sustainable Systems. Lecture Notes in Networks and Systems, vol 579. Springer, Singapore. https://doi.org/10.1007/978-981-19-7663-6_66

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