1)Michael porter 5 forces model are as follows- A. Threat of new entrants is one of the important factor of five forces which will reflect the ability of new companies to enter into the market and it is a reflection of barriers to entry as well.it will provide details about existing companies retaliation and government Regulation and identical product which will decide the level of threat.

B. Bargaining power of buyers will be reflecting the ability of buyer to command a bargaining power on the product of the company and it will reflect the ability of the company to charge higher price or lower price.

C. Threat of substitute will be reflecting the substitute products which can be found by the buyers at attractive price and better qualities and it is also reflecting that buyers can switch from one product to another with little cost

D. Rivalry among existing competitors will be reflecting the level of competition and profitability in the industry and it will also reflect the ability of company to compete aggressively in the market which results in lower or higher profit

E. Bargaining power of suppliers another factor which will reflect that strong bargaining power will be allowing supplier to sell higher priced lower quality raw material to their buyers and this will be affecting the profit of the company because it will have to pay more or less for the company depending upon the bargaining power of suppliers.

In the electronic commerce industry, the level of competition is playing an important paath in deciding upon the market share of companies because there are various factors which are deciding the level of competition like-

A. Number of competitors

B. There are very high exit barriers

C. The growth of industry is almost mature

D. There is low consumer loyalty

2)The 3 stages of the ecommerce business lifecycle I have outlined these following 3 stages, that square measure the foremost common lifecycle growth stages of ecommerce firms, as they move on their journeys:

Stage one – Start-up & quick growth
Stage two – Plateauing growth or consolidation
Stage three – revived growth by implementing modification (new platforms, features, resources/people or strategies)

In easy terms, these stages square measure corresponding to the approach a antelope jumps. there's a steep forward jump then rest, before spring forward once more. an equivalent goes for the expansion patterns of ecommerce businesses; growing quick then plateauing (resting).

Stage 1: Start-up & quick growth

Most ecommerce businesses bear Associate in Nursing initial amount of quick and in some cases sudden growth. this is often sometimes to try and do with the recognition of the merchandise they sell or market demand instead of the implementation of their ecommerce platforms. several businesses can opt for platforms like Shopify or Magento. It’s necessary that your business stays agile and responds quickly to vary. You don’t wish to induce fixed in difficult systems or handcuffed by an excessive amount of method. Brands typically relish fast impact during this honeymoon amount, before growth slows down and progression is halted by a form of invisible ceiling. This sees businesses entering into the second stage of the ecommerce lifecycle, that could be a growth highland.

Stage 2: Plateauing growth or consolidation

I’ve found that a lot of businesses reaching this second stage of the ecommerce lifecycle tend to panic and appearance for quick-fix solutions to perceived problems. you wish to grasp that it’s natural for there to be a levelling off of growth once the first spike. Once your business has gained traction, complete awareness and initial momentum, it’s time to replicate on your progress, analyse your knowledge and gain key insights to form measured and strategic changes to your ecommerce web site and your selling. It’s necessary for business house owners to assign ample time and resources to analysis, to systemize and strategise to figure out the most effective ways in which to maneuver to successive level and begin achieving revived growth.

Stage 3: revived growth

As i discussed, several business house owners assume that the answer to the problem of plateauing growth could be a band aid or a swift modification of direction, which may be Associate in Nursing ecommerce platform move or, perhaps, the achievement of a replacement ecommerce manager. This is not essentially thinking strategically. A replatforming project would possibly so be the solution – maybe to a a lot of advanced or trendy ecommerce platform, like Magento two – however you wish to form a transparent business case (including in depth analysis and risk assessments) before deciding to migrate platforms. check up on house 48’s golden rules of replatforming journal to be told a lot of. In this third stage of the ecommerce lifecycle, the makes an attempt to brace your company’s momentum and growth should be strategic. In my expertise, the answer to plateauing growth could solely need realigning your business goals with dynamical client trends, keeping up-to-date with new technology and channel ways. Research and analysis is needed to optimise processes and improve client expertise. this may steer your strategy. analysis could reveal problems and you would possibly notice you wish to replatform, however there must be sound reasoning behind choices to implement technology and tools.

Summary

Getting to apprehend these key stages of the ecommerce lifecycle can assist you imagine your brand’s growth as a diurnal method, establish crucial inquiries to raise at every stage Associate in Nursingd perceive why an agile approach to ecommerce strategy is therefore crucial to lasting success. This ecommerce method greenbacks the trend of finding problems with fast fixes and fast wins, focusing instead on frequently revisiting and refreshing your ecommerce strategy for long-run results.

3)

The following can be quoted as the benefits of Global; E-commerce-

• Time saving- since the products are becoming available with a click of a button it is a lot time saving for the consumer to compare and make a buy decision.
• Cost saving- With comparability and hyper competition with growing ventures every other day it is really working in the favour of the end consumers. They can compare and get the lowest possible price for the product they want.
• Flexibility and no limit reach- The consumers and sellers can reach to any part of the world with the comfort of their house. The ease and flexibilty to transact with any person in any corner of the world at any given point of time is the biggest boon of e-commerce.

The following can be called as the barriers of the Global E-Commerce -

• Slow adaptation- Being a new concept it becomes difficult for the E-commerce website to gain trust of the customers. People are hesitant to this newer method and are used to their own traditional means of commerce. The electronic mode of commerce is new advancement and shall need some time to become familiar with the common public. The adaptation of new modes of payments is there but is at a slow pace.
• Fraud- Since majority of people are still learning how to perfectly ace the art of Online commerce; few others who are well verse take the advantage of this situation. Cons over phone and via emails is becoming common and are increasing risk of frauds.

• Faster response to buyer/market demands.