A review on a post on e-tailing

Nowadays, almost everything can be traded online. This applies to very subjective things such as music, reservation and even information. Due to technology changes, we now isn’t limited to just purchasing, we can also customize things online.
E-Tailing or also known as sales of product over the internet has been a trend of business in this high tech era. It helps exploit a whole new market of through the internet without imposing much constraint to operate.

In Malaysia they even sell fish online, Fishermen in Tanjung Dawai have preceded auction for their catches via the internet. Other than that, other recent examples would be touch’n’go ready to impose pre-load cash purchase with their card in fast food restaurants. It is been a trend in countries like Hongkong to use such pre-load cards in their daily shopping activity and proven successful.

Online banking should be another form of E-commerce which we should be very familiar of. In recent years, stock trading online had been actively used as a form of E-tailing by major banks to encourage convenience to the consumers. Maybank, as one of the largest bank to offer online stock trading even reduce its transaction cost to encourage usage of the facility.

In US, reservation for restaurant seats are made easy by the website called Opentable.com. This website offers reservation online in just a few clicks for more than 6000 restaurants alone in New York. It is a proven effective concept and should be more effectively implemented in other countries.

Furthermore, E-tailing could be used as a way to promote a countries’ tourism for example Malaysia’s http://www.tourism.gov.my/ which gives information on Major tourism spots, graphical illustration etc. Foreign tourist could visit the website to determine where to visit in Malaysia.

Conclusion is that life is becoming more and more convenient. I believe in near future everything can be done online. That’s awesome!