PHILIPPINE B2B MEDICAL e-MARKETPLACE
PH B2B MEDICAL e-MARKETPLACE
Electronic commerce or e-commerce is generally defined as a system or activity of
promoting, buying and selling products or services online or over the internet. The system
traces its beginnings in the 1970s in the US when students used the ARPANET (forerunner
of the internet) to arrange a product sale and purchase, followed by the development of an
online transaction processing as well as online shopping system.
Millennials are identified as those born between 1981 and 1997, which means that
they are now in their 20s and 30s. This is an age when individuals enter the labor market
and they are given more responsibilities as they develop their careers. In doing their work,
they are also knowledgeable and arguably more adept with the latest technologies, such as
social media networks and mobile applications. And they now represent almost 50% of our
total workforce.
Given these characteristics, the influence of the millennial generation in business and
commerce, and apparently almost all aspects of our lives, cannot be overlooked. According
to research carried out by LinkedIn, millennials are responsible for spending about $2 trillion
dollars every year, with an annual combined income of about $3.4 trillion. And so whatever
the industry, they are a big part of our current and future market.
REQUIREMENT: