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Political factors:
The threats for the e-commerce business may
not be similar before the physical retailers, there are numerous political barriers
for the business. There are also more than a few factors of risk that have an
effect on the e-businesses. For instance for international e-commerce business leaders
like E-bay and Amazon development in region of the Asia pacific that can become
problematic by Red tape. The regulatory and political trials before the e-businesses
have increasing. It is obvious that the
political stability is directly linked with the economic stability that can be
improve by using the e-commerce because it encourages the international business
Social factors In the ecommerce industry
In the
ecommerce industry the Socio factors have a lot of influence. The matter of
consideration is that the brands of e-retail find it effective to grow locally.
Foreign markets growth can also be very challenging for the company. The trends
changing can have an influence on the e-commerce businesses. The rising mobile
technology use has affected the EC business. In many of the societies the use
of the mobile technology is popular and a many people internationally are using
gadgets of the mobile for shopping
Technological In the ecommerce industry
In the ecommerce industry, the technological
factors are significant to focus on. There is no doubt that the e-commerce industry
heavily relies on the use of technology. In the e-commerce business almost all
things based on technology from customer service to sales. All brands of the ecommerce
are competing as far as their technologies are concern. From E-bay to Flipchart,
and Amazon all brand is financing in technology to grow faster.
Legal In the ecommerce industry
In the ecommerce
business the legal compliance is very important just like businesses internationally.
Any law struggle can be an expensive matter and also the e-commerce brands can turn
out to be a target if they care about the compliance. It is the reason that the
ecommerce brands have distinct teams to care about all of the legal issues
Ethical issue In the ecommerce industry
There are many of the ethical concern
connected with the e-commerce business, for example, the user might have issues
concerning the security and privacy. There are many of the hackers out there
that can misuse the information of the companies and the users. There is no doubt that the e-commerce have
more ethical issues as compare with the physical shopping sites in the industry
References of E-Commerce (Discuss 4 Business and EC models)
ANGUS, B., 2014. 6
Steps to an Effective Ecommerce Privacy Policy. [Online]
Available at: https://www.practicalecommerce.com/6-Steps-to-an-Effective-Ecommerce-Privacy-Policy
Daily, M., 2012. BANKMUSCAT
LAUNCHES E-COMMERCE INITIATIVE. [Online]
Available at: https://muscatdaily.com/Archive/Business/BankMuscat-launches-e-commerce-initiative
[Accessed 2019].
Ecorner.com.au, 2018. Costs
& issues starting an eCommerce business or online stores. [Online]
Available at: https://www.ecorner.com.au/FAQs-Questions-Ideas-Centre/Costs-Issues-Starting-An-eCommerce-Online-Business
Frue, K., 2017. Pestle
analysis of Groupon. [Online]
Available at: https://pestleanalysis.com/pestle-analysis-groupon/
Frue, K., 2019. Pestle/
pestle analysis of the retail industry. [Online]
Available at: https://pestleanalysis.com/pestel-analysis-of-retail-industry/
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