УКР
ENG
Search


Trends and Models of e-Commerce Development in the Digital Economy
Kasych A. O.

Kasych, Alla O. (2024) “Trends and Models of e-Commerce Development in the Digital Economy.” The Problems of Economy 2:74–82.
https://doi.org/10.32983/2222-0712-2024-2-74-82

Section: Economics and national economy management

Article is written in Ukrainian
Downloads/views: 14

Download article in pdf format -

UDC 004.77:004.9:339.1-051:339.3:658.8

Abstract:
At the present stage of the rapid formation of the information space, there is a need to use the instruments of the digital economy. One such instrument is e-commerce. The aim of the article is to identify current trends and models of development of e-commerce in the context of digitalization. To achieve this goal, the methods of analysis and synthesis, comparison, expert surveys, statistical analysis, structural and logical generalization were used. The article examines trends and patterns of development of the world e-commerce market. The dynamics of the main indicators of activity of Ukrainian wholesale and retail trade enterprises, which use information and communication technologies, are analyzed. It is defined that in modern economic conditions it is expedient to develop and implement a digital strategy for managing the commercial activities of trade enterprises on the basis of the conception of interaction marketing, theories of networks and stakeholders, which should contain the following elements: use of information instruments and digital channels; formation of a qualitatively new culture of marketing communications (integration of digital channels of marketing communication into a single system); ways to improve the quality of customer service; creation of an omnichannel environment based on the integration of all digital channels, retail outlets and back-office into a single information space. The key trends that will influence the development of e-commerce in the digital economy include: personalization of products and communication through information technology; adaptive approach to interaction with consumers; building a business strategy for brands, advertising and marketing strategies using digital instruments; application of an integrated approach to the management of commercial activities; creation of a fundamentally new marketing structure (the emergence of specialists in consumer preferences and data processing); acquisition of skills in collecting large databases and using them; ensuring multi-channel practice in marketing communications; implementation of chatbots as one of the most effective ways to provide instant customer support; development of business models for the organization of electronic retail.

Keywords: e-business, e-commerce, e-trade, wholesale and retail trade, customer focus, logistics service, information space, information and communication technologies, digital economy.

Tabl.: 5. Bibl.: 23.

Kasych Alla O. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Management and Smart Innovation, Kyiv National University of Technologies and Design (2 Nemyrovycha-Danchenka Str., Kyiv, 01011, Ukraine)
Email: kasich.alla@gmail.com

List of references in article

Kasych, A. O., and Naumkina, I. O. “Protsesy tsyfrovizatsii yak nevidiemna skladova suchasnoho bankivskoho menedzhmentu“ [Digitization Processes as an Integral Component of Modern Bank Management]. Ekonomika ta suspilstvo, no. 28 (2021). DOI: 10.32782/2524-0072/2021-28-1
Kasych, A. O., and Chmelova, A. A. “Tsyfrovyi menedzhment yak mekhanizm pidvyshchennia efektyvnosti diialnosti pidpryiemstva“ [Digital Management as a Mechanism for Increasing the Efficiency of the Enterprise]. Visnyk Natsionalnoho tekhnichnoho universytetu «KhPI». Ser. : Ekonomichni nauky, no. 1 (2024): 58-63. DOI: 10.20998/2519-4461.2024.1.58
Poliakh, V. M. et al. “Elektronna komertsiia: teoretyko-pravovi zasady ta suchasnyi stan v Ukraini“ [Electronic Commerce: Theoretical and Legal Foundations and Current Situation in Ukraine]. ScienceRise, no. 5(34) (2017): 11-17. DOI: 10.15587/2313-8416.2017.101077
Yevtushenko, D. D. “Elektronnyi biznes, elektronna komertsiia, internet-torhivlia: sutnist ta vzaiemozviazok poniat“ [E-business, E-commerce, Internet Commerce: The Nature and Interrelation of Concepts]. Biznes Inform, no. 8 (2014): 184-188.
Pilevych, D. S. “Teoretychne pidgruntia rozvytku elektronnoho biznesu“ [Theoretical Bases for Development of Electronic Business]. Biznes Inform, no. 5 (2019): 67-72. DOI: 10.32983/2222-4459-2019-5-67-72
Chaffey, D. E-business and E-commerce Management. Strategy, Implementation and Practice. New Jersey: Prentice Hall, 2009.
Gefen, D. “E-commerce: The role of familiarity and trust“. Omega, vol. 28, no. 6 (2000): 725-737. DOI: 10.1016/S0305-0483(00)00021-9
Kashyap, A. K., Sahu, I., and Kumar, A. “Artificial intelligence and its applications in e-commerce - a review analysis and research agenda“. Journal of Theoretical and Applied Information Technology, vol. 100, no. 24 (2022): 7347-7365.
McKnight, D. H., Choudhury, V., and Kacmar, Ch. “Developing and validating trust measures for e-commerce: An integrative typology“. Information Systems Research, vol. 13, no. 3 (2002): 334-359. DOI: 10.1287/isre.13.3.334.81
Pavlou, P. A. “Consumer acceptance of electronic commerce: Integrating trust and risk with the technology acceptance model“. International Journal of Electronic Commerce, vol. 7, no. 3 (2003): 101-134. DOI: 10.1080/10864415.2003.11044275
Summer, A., and Dunkan, Gr. E-Commerce. New York: NYH Publishing, 1999.
Zwass, V. “Electronic Commerce: Structures and Issues“. International Journal of Electronic Commerce, vol. 1, no. 1 (1996): 3-23. DOI: 10.1080/10864415.1996.11518273
Odarchenko, A. M., and Spodar, K. V. “Osoblyvosti elektronnoi komertsii ta perspektyvy yii rozvytku v Ukraini“ [Features of Electronic Commerce and Prospects of its Development in Ukraine]. Biznes Inform, no. 1 (2015): 342-346.
Malitska, H. H., and Melnyk, O. I. “Osoblyvosti elektronnoi komertsii ta stany ii rozvytku v suchasnykh ekonomichnykh umovakh Ukrainy“ [Peculiarities of E-commerce and the State of Its Development in Modern Economic Conditions of Ukraine]. Efektyvna ekonomika, no. 12 (2018). DOI: 10.32702/2307-2105-2018.12.74
Pilevych, D. S. “Zastosuvannia systemnoho pidkhodu do rozhliadu sutnosti elektronnoi komertsii“ [Applying a Systemic Approach to Consideration of the Essence of E-Commerce]. Biznes Inform, no. 2 (2019): 109-114. DOI: 10.32983/2222-4459-2019-2-109-114
Vyshnevskyi, O. S. Tsyfrova platformizatsiia protsesu stratehuvannia rozvytku natsionalnoi ekonomiky [Digital Platformization of the Process of Strategizing the Development of the National Economy]. Kyiv: IEP NAN Ukrainy, 2021.
Bezpartochna, O., and Trushkina, N. “E-commerce in the age of digital transformation“. In Concepts, strategies and mechanisms of economic systems management in the context of modern world challenges, 306-318. Sofia: VUZF Publishing House “St. Grigorii Bogoslov”, 2021.
Chevalier, S. “Main aspects global shoppers would change about online shopping 2023“. Stasista. 2024. https://www.statista.com/statistics/1274884/wished-changes-online-shopping-experience-global-consumers/
Estimates of Global E-commerce 2019 and Preliminary Assessment of Covid-19 Impact on Online Retail 2020. Geneva: United Nations Conference on Trade and Development, 2021.
“Global E-Commerce Jumps to $26.7 Trillion, Covid-19 Boosts Online Retail Sales“. UN trade & development. 2021. https://unctad.org/press-material/global-e-commerce-jumps-267-trillion-covid-19-boosts-online-retail-sales
“Global Powers of Retailing 2022“. Deloitte. https://www.deloitte.com/tz/en/Industries/consumer/analysis/global-powers-of-retailing.html
Global Powers of Retailing 2022. Resilience despite challenges. New York: Deloitte Global, 2022.
“Retail e-commerce sales worldwide from 2014 to 2027 (in billion U.S. dollars)“. Statista. 2023. June. https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sales/

  The Promblems of Economy, 2009-2024 The site and its metadata are licensed under CC-BY-SA. Write to webmaster