Influence of E-commerce and its emerging innovations in banks

Journal Title: International Journal of Marketing and Technology - Year 2012, Vol 2, Issue 8

Abstract

The study pursues to stretch an overall interpretation on E-commerce as an innovative hi-tech tool with distinct concentration of the emerging influence on customer relationship management (CRM) in banks. In present contemporary globalize scenario several innovative technologies especially the internet have been changing the ways of doing businesses through E-Commerce. The E-Commerce is an extensively information- intensive and thus makes it important to recognize new development in strategy to create value through the e-commerce on customer relationship management (CRM). We live in a technological epoch and customers are now fuelled by internet-induced potentials and an even increasing mood of resourcefulness. Actually presence of information technology, internet and other associated technologies provides an extraordinary support for the growth and development of E-commerce to create value through the system. We live in a technological epoch and customers are now fuelled by Internet induced potentials. Ecommerce emerges from the internet and its associated web technologies to facilitate the implementation of Customer Relationship Management (CRM). This study is an attempt to understand E-commerce in present globalize scenario. It also focuses on the E-commerce from the perspective of customers and banks in India. This study is based on Internet or web –based interaction to create a high volatile relationship in the banking sector.

Authors and Affiliations

Sana Rehman

Keywords

Related Articles

Marketing of Nanobiogarments

The amalgamation of science and fashion lead to the emergence of “Nanobiogarments”. As the market is at its recession, the growth of apparel industry is burgeoning year by year. The market of India is also affected by...

GREEN MARKETING – A BRIDGE BETWEEN CONSUMERISM AND CONSERVATION

The process of globalization accelerates the social responsibilities of corporate houses that have become significant aspect in today's era. The conscious efforts are being made by organizations to maximize its positiv...

INFLUENCE OF RETAIL STORE ATTRIBUTES ON CUSTOMERS’SHOPPINGBEHAVIOR

Consumer Behaviour is the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that...

Mode l Development and Validation for S tudy ing Consumer Preferences of Car Owners

Globalization and liberalization, with the entry of many prom inent foreign manufacturers, changed the automobile scenario in India, since early 1990‟s . Manufacturers such as Ford, General Motors, Hond...

AN INQUIRY INTO THE BENEFICIAL EFFECT OF AGRO BASED INDUSTRIAL CO-OPERATIVE SOCIETY IN SALEM REGION

The launching of globalization process, erratic climatic conditions, unfavorable terms of trade, poor marketing conditions and mounting rural indebtedness have all contribute for distress situation in Indian Agricultur...

Download PDF file
  • EP ID EP19540
  • DOI -
  • Views 375
  • Downloads 13

How To Cite

Sana Rehman (2012). Influence of E-commerce and its emerging innovations in banks. International Journal of Marketing and Technology, 2(8), -. https://europub.co.uk/articles/-A-19540