Electronic Commerce

E-Commerce Final Report 11/30/2009 Option 2: design of a start up companion eLogoNow: Connecting the freelancers of the east with the deal of the West I: Introduction: The cost efficient labors of china has created one of tarradiddles largest international trade markets in the last 15 years, evident by the lop sideded trade deficit amongst the US and the PRC. The worlds appetite for Chinese products seemed to be insatiable, and the Chinese are equally willing to be the manufacturer for such global demand. As a result, various import and exporting companies around the globe generated huge wealth from this situation. E-Commerce company such as Alibaba is one of the classic example of a business model that succeeded by providing a platform amid low cost Chinese vendors with the buyers of the West. However, the financial crisis as wellspring as increased product costs in mainland China have changed the whole equation. Exporting goods from China to the US is no longer as lucrative as it previously was, and the circumference of profit will continue to decrease as demand lowers from the West and competition among suppliers (such as Vietnam/India) continues to rise going forward.

Although products from China no longer has the cost advantage it once reign when it comes to exporting, Chinese labor is still plentiful on the capable front. Perhaps it is time to examine the possibility to leverage the Chinese supplier market from a product-based vendor to a gain-based vendor. II: www.eLogoNow.com- Phase I of an online platform that connects the East with the West. Product and service provided: elogonow.com provides the platform to help companies/individuals in the US find a qualified Witkey from China to outsource their logo design needs. Witkey (??) is an Chinese E-freelancer who is self-employed and pursues online projects without a long-term commitment to any contingent employer. Typically Weike, an estimated 600,000 of them in China,... If you want to get a entire essay, order it on our website: Orderessay

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