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Abstract
The purpose of this study is to examine the intricate interplay between digital disruption and e-business, with a focus on the transformative impact of emerging technologies on competitive dynamics and market structures. The research design and methodology involve a comprehensive review of the literature, drawing insights from academic articles, reports, and scholarly publications to analyze the implications of digital disruption for e-business strategies and practices. The findings and discussion underscore the strategic significance of adopting a customer-centric approach and embracing technological innovation to drive sustainable competitive advantage in the digital era. Key insights include the paramount importance of prioritizing customer experience (CX) optimization initiatives, leveraging emerging technologies such as artificial intelligence (AI) and blockchain, and fostering organizational agility to navigate market disruptions and capitalize on emerging opportunities. The implications of this study extend to both academic and practical contexts, offering valuable insights for academics and practitioners alike. By prioritizing CX optimization, investing in emerging technologies, and cultivating a culture of innovation, e-businesses can position themselves for sustainable growth and competitiveness in the dynamic digital landscape.
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References
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- Barnes, S. (2003). E-commerce and V-business: Business Models for Global Success. Butterworth-Heinemann.
- Berman, S. J. (2018). Digital transformation: Opportunities to create new business models. Strategy & Leadership, 46(1), 9-16.
- Brakus, J. J., Schmitt, B. H., & Zarantonello, L. (2009). Brand experience: What is it? How is it measured? Does it affect loyalty? Journal of Marketing, 73(3), 52-68.
- Brown, T., & Mason, C. (2023). Platform-based business models: A manifestation of digital entrepreneurship. Entrepreneurship Theory and Practice.
- Chopra, S., & Meindl, P. (2007). Supply chain management: Strategy, planning, and operation (3rd ed.). Pearson Education.
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- Kim, J., & Lee, S. (2023). Sustainability and corporate social responsibility in e-business: Meeting consumer demands in a digital age. Business Ethics: A European Review.
- Kulkarni, C., Kambhampati, S., & Monika, V. (2019). Machine learning algorithms for demand forecasting: A case study of sales prediction in retail industry. Procedia Computer Science, 165, 292-301.
- Lee, J., Kim, Y., & Kim, H. (2022). Blockchain technology in e-commerce supply chains: Transforming operations and enhancing trust. International Journal of Production Economics.
- Lee, S. M., Trimi, S., & Kim, C. (2020). The impact of cultural diversity in technology and innovation: An overview. Journal of Innovation & Knowledge, 5(1), 28-33.
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- Mintzberg, H. (1983). Power in and around Organizations. Prentice-Hall.
- Pine II, B. J., & Gilmore, J. H. (1998). Welcome to the experience economy. Harvard Business Review, 76(4), 97-105.
- Porter, M. E. (2008). Competitive advantage: Creating and sustaining superior performance. Simon and Schuster.
- Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review.
- Shin, N. (2001). B2B e-marketplaces: a typology from an electronic market evolution perspective. Industrial Marketing Management, 30(3), 243-254.
- Tapscott, D., & Tapscott, A. (2016). Blockchain revolution: How the technology behind bitcoin is changing money, business, and the world. Penguin.
- Teece, D. J. (2007). Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319-1350.
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- Verhoef, P. C., Kannan, P. K., & Inman, J. J. (2015). From multi-channel retailing to omni-channel retailing: Introduction to the special issue on multi-channel retailing. Journal of Retailing, 91(2), 174-181.
- Wang, D., & Zhang, J. (2021). AI-driven personalization in e-commerce platforms: Enhancing customer engagement and loyalty. Journal of Interactive Marketing.
- Wang, D., Zhang, J., Zhu, Z., & Wang, Z. (2020). Research on Application of Augmented Reality in Online Retailing. In 2020 International Conference on Cyber-Enabled Distributed Computing and Knowledge Discovery (CyberC), (pp. 433-436). IEEE.
- Wang, X., Hu, L., & Wang, Y. (2022). Artificial intelligence and machine learning in supply chain management: Optimizing operations and enhancing resilience. International Journal of Production Research.
- Wang, X., Zhang, J., & Hu, L. (2020). The impact of augmented reality on retailing: A review and synthesis. International Journal of Information Management, 53, 102070.
- Wang, Y., Zhang, L., Li, Y., & Zhu, Z. (2023). Blockchain-enabled smart contracts in e-commerce: Enhancing transparency, security, and efficiency. Decision Support Systems.
- Wang, Z., Tang, Y., & Zhang, S. (2022). Artificial intelligence and innovation in e-commerce: A bibliometric analysis. Electronic Commerce Research and Applications, 57, 100996.
- Westerman, G., Bonnet, D., & McAfee, A. (2014). Leading digital: Turning technology into business transformation. Harvard Business Review Press.
- Zhang, H., & Hu, L. (2022). Artificial intelligence and machine learning in supply chain management: Optimizing operations and enhancing resilience. International Journal of Production Research.
- Zhao, J., Fan, H., & Shi, H. (2021). Impact of artificial intelligence on supply chain performance: A bibliometric analysis. Technological Forecasting and Social Change, 173, 121122.
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References
Azadi, S. (2011). Exploring revenue-generating potentials of e-business: a multi-case study. Journal of Business & Industrial Marketing, 26(6), 452-463.
Barnes, S. (2001). Understanding e‐commerce: a guide for academics and practitioners. International Journal of Information Management, 21(2), 173-187.
Barnes, S. (2003). E-commerce and V-business: Business Models for Global Success. Butterworth-Heinemann.
Berman, S. J. (2018). Digital transformation: Opportunities to create new business models. Strategy & Leadership, 46(1), 9-16.
Brakus, J. J., Schmitt, B. H., & Zarantonello, L. (2009). Brand experience: What is it? How is it measured? Does it affect loyalty? Journal of Marketing, 73(3), 52-68.
Brown, T., & Mason, C. (2023). Platform-based business models: A manifestation of digital entrepreneurship. Entrepreneurship Theory and Practice.
Chopra, S., & Meindl, P. (2007). Supply chain management: Strategy, planning, and operation (3rd ed.). Pearson Education.
Christensen, C. M. (1997). The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Harvard Business Review Press.
Christopher, M. (2016). Logistics & supply chain management (5th ed.). Pearson Education Limited.
Davenport, T. H., & Harris, J. (2007). Competing on analytics: The new science of winning. Harvard Business Press.
Eisenmann, T., Parker, G., & Van Alstyne, M. W. (2019). Platform strategy: Building and thriving in a vibrant ecosystem. Harvard Business Review Press.
Ferdows, K., & Lewis, M. A. (2017). Making the Most of Manufacturing Reshoring. MIT Sloan Management Review, 58(4), 73-81.
Ferdows, K., & Lewis, M. A. (2017). Managing the digital supply chain. MIT Sloan Management Review, 58(2), 14-17.
Forrester Research. (2021). The state of digital business 2021.
Gupta, A., & Jain, R. (2021). Organizational agility and entrepreneurial orientation: Navigating the digital landscape. Journal of Business Research.
Gupta, P., & Sharma, V. (2021). Role of organizational agility in digital transformation and business performance. Journal of Global Operations and Strategic Sourcing, 14(1), 2-25.
Gupta, S., & Krishnamoorthy, N. (2023). Agile methodologies in e-business: Enabling swift adaptation in a dynamic environment. International Journal of Information Management.
Hagiu, A., & Wright, J. (2021). Multi-sided platforms: Building and sustaining success. Harvard Business Review Press.
Handfield, R., Poirier, C. C., & Kloppenborg, T. J. (2019). Introducing the triple-A supply chain. In R. Handfield, C. C. Poirier, & T. J. Kloppenborg (Eds.), Introducing the triple-A supply chain (pp. 1-6). CRC Press.
Kietzmann, J. H., Hermkens, K., McCarthy, I. P., & Silvestre, B. S. (2011). Social media? Get serious! Understanding the functional building blocks of social media. Business Horizons, 54(3), 241-251.
Kim, D. J., & Stoel, L. (2004). Dimensional hierarchy of retail website quality. Information & Management, 41(5), 619-633.
Kim, J., & Lee, S. (2023). Sustainability and corporate social responsibility in e-business: Meeting consumer demands in a digital age. Business Ethics: A European Review.
Kulkarni, C., Kambhampati, S., & Monika, V. (2019). Machine learning algorithms for demand forecasting: A case study of sales prediction in retail industry. Procedia Computer Science, 165, 292-301.
Lee, J., Kim, Y., & Kim, H. (2022). Blockchain technology in e-commerce supply chains: Transforming operations and enhancing trust. International Journal of Production Economics.
Lee, S. M., Trimi, S., & Kim, C. (2020). The impact of cultural diversity in technology and innovation: An overview. Journal of Innovation & Knowledge, 5(1), 28-33.
Lemon, K. N., & Verhoef, P. C. (2016). Understanding customer experience throughout the customer journey. Journal of Marketing, 80(6), 69-96.
Li, X., & Kannan, P. K. (2021). Mobile e-commerce (m-commerce): Driving sales and enhancing consumer engagement. Journal of Retailing.
Li, X., Wang, S., & Du, X. (2023). E-commerce consumer behavior analysis based on big data. Journal of Big Data, 10(1), 1-18.
Li, Y., Zhang, J., Zhu, Z., & Wang, Z. (2023). The role of data analytics in driving e-business success. Journal of Business Research.
Mayer, R. C., Davis, J. H., & Schoorman, F. D. (1995). An integrative model of organizational trust. Academy of Management Review, 20(3), 709-734.
McKinsey & Company. (2020). The great acceleration: Understanding and shaping the post-COVID-19 world. https://www.mckinsey.com/featured-insights/future-of-work/the-great-acceleration
Milgram, P., & Kishino, F. (1994). A taxonomy of mixed reality visual displays. IEICE TRANSACTIONS on Information and Systems, 77(12), 1321-1329.
Mintzberg, H. (1983). Power in and around Organizations. Prentice-Hall.
Pine II, B. J., & Gilmore, J. H. (1998). Welcome to the experience economy. Harvard Business Review, 76(4), 97-105.
Porter, M. E. (2008). Competitive advantage: Creating and sustaining superior performance. Simon and Schuster.
Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review.
Shin, N. (2001). B2B e-marketplaces: a typology from an electronic market evolution perspective. Industrial Marketing Management, 30(3), 243-254.
Tapscott, D., & Tapscott, A. (2016). Blockchain revolution: How the technology behind bitcoin is changing money, business, and the world. Penguin.
Teece, D. J. (2007). Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319-1350.
Turban, E., Volonino, L., & Wood, G. (2020). Information technology for management: On-demand strategies for performance, growth, and sustainability. Wiley.
Verhoef, P. C., Kannan, P. K., & Inman, J. J. (2015). From multi-channel retailing to omni-channel retailing: Introduction to the special issue on multi-channel retailing. Journal of Retailing, 91(2), 174-181.
Wang, D., & Zhang, J. (2021). AI-driven personalization in e-commerce platforms: Enhancing customer engagement and loyalty. Journal of Interactive Marketing.
Wang, D., Zhang, J., Zhu, Z., & Wang, Z. (2020). Research on Application of Augmented Reality in Online Retailing. In 2020 International Conference on Cyber-Enabled Distributed Computing and Knowledge Discovery (CyberC), (pp. 433-436). IEEE.
Wang, X., Hu, L., & Wang, Y. (2022). Artificial intelligence and machine learning in supply chain management: Optimizing operations and enhancing resilience. International Journal of Production Research.
Wang, X., Zhang, J., & Hu, L. (2020). The impact of augmented reality on retailing: A review and synthesis. International Journal of Information Management, 53, 102070.
Wang, Y., Zhang, L., Li, Y., & Zhu, Z. (2023). Blockchain-enabled smart contracts in e-commerce: Enhancing transparency, security, and efficiency. Decision Support Systems.
Wang, Z., Tang, Y., & Zhang, S. (2022). Artificial intelligence and innovation in e-commerce: A bibliometric analysis. Electronic Commerce Research and Applications, 57, 100996.
Westerman, G., Bonnet, D., & McAfee, A. (2014). Leading digital: Turning technology into business transformation. Harvard Business Review Press.
Zhang, H., & Hu, L. (2022). Artificial intelligence and machine learning in supply chain management: Optimizing operations and enhancing resilience. International Journal of Production Research.
Zhao, J., Fan, H., & Shi, H. (2021). Impact of artificial intelligence on supply chain performance: A bibliometric analysis. Technological Forecasting and Social Change, 173, 121122.
Zhu, F., Zhang, S., & Du, X. (2023). Platform ecosystems: Drivers of digital disruption and value creation in e-business. Technological Forecasting and Social Change.