Ecommerce is one of today’s most popular industries of study. So, what exactly is the ecommerce industry, which colleges provide quality education, and what are career opportunities? Let’s explore this and gain an overview with Startups Basics
1. What is Ecommerce industry?
E-commerce is a type of business transaction that takes place based on the Internet or online methods. Businesses’ products will be sold via internet websites or e-commerce sites.
in a wide sense, it is buying, selling, and exchanging of products between businesses and consumers, governments, or organizations based on an intermediary link to the Internet. Buying and selling are done online, although payment and delivery can be done in traditional ways if the customer prefers. This is a process that has been continuing to expand and developed.
2. Which university has good eCommerce degree programs in the world?
2.1. Purdue Global University – United States
One of the special things in Purdue University is that this university allows fully online and hybrid formats to be combined. The ecommerce industry in this school’s curriculum consists of 180 credits and provides learners with foundations in business law, business management, finance, and customer psychology,… Along with that, several subjects. Other specialties include internet marketing, project management, etc.
2.2. Xavier University – Ohio
For students who want to earn a master’s degree, Xavier University is the ideal destination for the eCommerce industry. The program is taught online for a period of 2.5 to 3 years. In particular, the eCommerce industry MBS program at Xavier University is recognized by AACBS international organization for its practical and exciting subjects.
2.3. Walden University – United States
Walden University was founded in 1970. This is one of the most prestigious schools in the United States. Walden University offers convenient offline and online courses you can join anywhere in the world.
The study program at Walden is always updated according to the economic situation, the world market. Recognized as one of the universities that specialize in eCommerce industry training, students can participate freely in choosing subjects and curricula to suit their careers.
Moreover, the subjects here also combine learning theory and practice, practicing at enterprises. Students will learn basic soft skills and business knowledge to become business leaders in e-commerce industry.
At Walden University, the Ecommerce industry major also allows students to learn techniques such as creating and managing systems, information services, and some primary programming languages,.
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2.4 University of North Carolina – North Carolina
The University of North Carolina was founded in 1965 and has been a top university in recent years. This university offers academic programs that include theory and practice in global business and e-commerce. Moreover, this is also the school recognized by the Association to Advance Collegiate Schools of Business as the leading university in the North.
When applying to study business administration, you can choose to specialize in the eCommerce industry. The curriculum will include business management, international business, marketing, finance, etc…
3. Types of Ecommmerce Industry
3.1. B2B (Business to Business)
A business-to-business sale model can be understood as the relationship between manufacturers, wholesalers, and retailers. Business to Business is the model that accounts for 80 per cent of global eCommerce sales. This is due to marketing effectiveness, lower expenses, and increased brand awareness to create prospects for business collaboration.
Read more: What is business technology? Things you need to know about business technology.
3.2. B2C (Business to Customer)
As one of the models was born to create a connection between businesses and consumers. In some Southeast Asian countries, such as Vietnam and Singapore, this type accounts for 94% of the number of websites. This is a significant advancement in the ecommerce business in recent years.
3.3. C2C (Customer to Customer)
This is understood as a model between individuals and consumers. Websites used for this model include websites about online auctions, non-currency exchange transactions or selling virtual assets, and selling secondhand things, ..
Above information has been compiled around the eCommerce industry. Hope this article is useful to you in choosing a major and industry for future development. Thank you for following this post!
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