E-Commerce & Technology
Technology’s reach has been extensive and its influence has helped shape new policies, driven the development of new processes and transformed how we communicate. It is by no mean an exaggeration to state that technology has revolutionized all of the industries within international trade. From education (consider e-learning courses and interactive online classrooms) to product development (3-D printers) and marketing (social &digital media), technology has reframed how businesses operate. It has even restructured internal operations by requiring industries to create new positions responsible for understanding, monitoring, and adopting technological advancements and innovations.
Technology has even shifted the demands of consumers, providing people with new ways to have the world at the click, tap or swipe of their fingertips.
Electronic commerce, known as e-commerce, refers to business transactions that are managed and operated online and on mobile devices. Whereas brick & mortar stores used to be the only way to offer your products and services, e-commerce has allowed businesses all over the world to set up virtual shops, increasing their consumer base on an international scale. Moreover, it has facilitated the operations for entrepreneurs who, through their computers and tablets, can run multi-million dollar businesses without ever leaving their house.
For consumers, ecommerce has completely transformed the shopping experience. There is perhaps no more powerful example of the influence of e-commerce than the retail giant Amazon. Tens of millions of customers count on the platform to fulfill their every need, from books to household items, electronics and even groceries. All these activities fuel the company’s billion dollar profits and with upcoming deliveries by drone, not even the sky is the limit for e-commerce.
In looking for opportunities, consider how technology and e-commerce will continue to shape our behaviors as customers and our actions as businesses and policy-makers. Technological advancements will require businesses to adapt quickly, and the public sector will face its own challenges as widespread access of the Internet, along with all the personal information it holds, will call for policy and regulation shifts.
Careers in E-Commerce & Technology
Technology allows traditional businesses to expand their operations and reach new customers across the world. Digital strategists help businesses leverage the online space by providing strategic guidance on how to best take advantage of new, interactive platforms. From online marketing to customer service, digital strategists recommend and implement plans that align to the business’s overall strategy.
Degrees: A background in marketing will provide understanding of strategic direction, market research and analytics.
Information Security Analyst
The benefits of access and speed that technology provides, particularly with on the Internet, are also its biggest challenges. With so much private and confidential data being stored online, companies need to increase their security against potential cyberattacks. Information Security Analysts develop structures and processes to protect and organization. They monitor and assess security breaches, encrypt data, and must constantly seek ways to strengthen the organization’s security.
- Average Annual Salary: $92,000
E-commerce will become a necessity for companies to succeed in the current marketplace. Given that it is a relatively new platform that requires technical expertise, companies will seek out e-commerce specialists to help them craft a strategy and implement the right programs to get their products online. E-commerce specialists are problem solvers who keep up with changing consumer demands and design new ways of meeting their needs.
Consider web developers as virtual architects. They create and operate websites, ensuring that they are designed with both the business and the consumer in mid. Whether it is a simple platform or a more elaborate and interactive design, web developers need to be well-versed in programming languages in order to run sites that function properly and efficiently at all times. Because this role’s responsibilities are virtual, web developers can foreseeably be mobile and live abroad.
Job forecast: 27%
- Average Annual Salary: $64,000