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Why did most communities in the early days of e-commerce fail? What factors enable online social networks to prosper today?

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Solution Summary

The factors enabling social networks to prosper today in e-commerce. The response addresses the queries posted in 452 words with references.

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The response addresses the queries posted in 452 words with references.

//In the given topic, the discussion will take place on the usage of e-commerce. In the discussion, the failure of e-commerce in the early days among most of the communities will be explained.//

In the early days of e-commerce, the main reason of failure was the lack of awareness among the communities. Business transactions and processes face failure due to the dependency on e-commerce and the failure of the system affects the business. Due to lack of knowledge in this field, it was difficult for the communities to understand and perform the business effectively. Complex nature of IT increases the failure of ...

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Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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