Despite the difficulties, many technology companies experienced when the bubble burst - Internet commerce e-business is here to stay.

What resources does an International Internet retailer need other than merely a storefront on the Internet?

Does it require fewer physical, financial, and human resources than a traditional retailer, or just as many? Explain.

We do not do your homework for you. When you have done some study and written your opinion, we will happily give you suggestions for additions or corrections.

To operate successfully as an international Internet retailer, there are several resources that are crucial in addition to having a storefront on the Internet. Here are a few examples:

1. Robust Online Platform: An international Internet retailer needs a stable and user-friendly website or online platform. This platform should be able to handle a high volume of traffic, provide secure payment gateways, support multiple languages and currencies, and offer a seamless shopping experience.

2. Reliable Logistics and Distribution: Shipping and delivering products to customers in different countries require efficient logistics. This includes partnerships with shipping carriers, warehouses in various locations for inventory storage, and a well-organized order fulfillment system to ensure timely delivery.

3. International Payment Processing: An international Internet retailer must have a reliable and secure payment processing system that supports various payment methods, currencies, and international regulations. This includes partnering with payment gateways, understanding local payment preferences, and complying with cross-border transaction regulations.

4. Customer Support: Providing excellent customer support is crucial for an international Internet retailer. This involves offering multilingual customer service representatives who can handle inquiries and resolve issues efficiently. It may also require 24/7 support to accommodate customers in different time zones.

In terms of physical, financial, and human resources, an international Internet retailer may require fewer of some resources but still needs adequate investments in others. Here's an explanation:

Physical Resources: An international Internet retailer may require fewer physical resources compared to a traditional retailer. They do not need extensive physical storefronts, multiple branches, or large inventories on-site. However, they still need facilities for warehousing and packaging, along with transportation infrastructure to handle shipping and distribution.

Financial Resources: Starting an international Internet retailer typically requires significant investments. While it might save costs compared to opening physical stores in multiple locations, there are still expenses associated with website development, international marketing, logistics setup, payment processing, and maintaining overseas operations. Additionally, expanding into international markets may involve compliance fees, licensing costs, and taxes.

Human Resources: An international Internet retailer may require fewer employees for tasks like sales, cashiering, and merchandising, as those traditional retail roles are not necessary in an online context. However, they still need skilled employees for website development, digital marketing, customer support, logistics management, and international operations. Additionally, hiring multilingual staff with knowledge of different cultures and markets may be necessary to cater to diverse customer bases.

In summary, while an international Internet retailer may require fewer physical resources compared to traditional retailers, they still need significant financial investments and skilled human resources to operate successfully in the global e-commerce landscape.