Digital Transformation of Commerce: Conceptual Aspects and Key Challenges

The article is dedicated to the exploration of the conceptual aspects and key challenges of digital transformation in trade amid globalization and the development of innovative technologies. The methodological foundation of the research is based on a combination of theoretical analysis, encompassing the study of scientific literature, and empirical analysis utilizing quantitative methods. Special attention is paid to analyzing the specific features of digital transformation, as well as assessing the growth metrics in e-commerce. The main outcomes of the research include the identification of the key components of digital transformation and the determination of their impact on trade processes. These components are analyzed in terms of their influence on trade processes, with an emphasis on how they enhance operational efficiency, enable customer personalization, and optimize logistics and supply chain management. The systematization of the main types of electronic commerce has been proposed through a multidimensional analysis of characteristics and the interconnections between them, allowing for a better understanding of market trends. An analysis of current trends in digital transformation has been conducted, revealing significant shifts in consumer behavior, trading models, and the implementation of technological solutions. Particular attention has been paid to the analysis of the impact of digital technologies on the transformation of business models, specifically regarding changes in approaches to the organization of trade, the growing role of mobile commerce, and social platforms, which have become new sales channels. The results obtained demonstrate the increasing role of digitalization in changing traditional trading practices, highlighting the growing significance of mobile and social commerce platforms as the primary channels for attracting consumers and sales. The research provides insights into how businesses can utilize these tools to adapt to the challenges of digitalization, such as the growing importance of mobile commerce and the integration of social platforms as primary distribution channels.

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Publication Details

Journal
THE PROBLEMS OF ECONOMY
Published
2025-01-01
DOI
https://doi.org/10.32983/2222-0712-2025-1-181-192
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
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article

Digital Transformation of Commerce: Conceptual Aspects and Key Challenges

Nadiia Pylypenko, Viacheslav Pylypenko
THE PROBLEMS OF ECONOMY
Business and Economic Development
article

Digital Transformation of Commerce: Conceptual Aspects and Key Challenges

Nadiia Pylypenko, Viacheslav Pylypenko
article en

Abstract

The article is dedicated to the exploration of the conceptual aspects and key challenges of digital transformation in trade amid globalization and the development of innovative technologies. The methodological foundation of the research is based on a combination of theoretical analysis, encompassing the study of scientific literature, and empirical analysis utilizing quantitative methods. Special attention is paid to analyzing the specific features of digital transformation, as well as assessing the growth metrics in e-commerce. The main outcomes of the research include the identification of the key components of digital transformation and the determination of their impact on trade processes. These components are analyzed in terms of their influence on trade processes, with an emphasis on how they enhance operational efficiency, enable customer personalization, and optimize logistics and supply chain management. The systematization of the main types of electronic commerce has been proposed through a multidimensional analysis of characteristics and the interconnections between them, allowing for a better understanding of market trends. An analysis of current trends in digital transformation has been conducted, revealing significant shifts in consumer behavior, trading models, and the implementation of technological solutions. Particular attention has been paid to the analysis of the impact of digital technologies on the transformation of business models, specifically regarding changes in approaches to the organization of trade, the growing role of mobile commerce, and social platforms, which have become new sales channels. The results obtained demonstrate the increasing role of digitalization in changing traditional trading practices, highlighting the growing significance of mobile and social commerce platforms as the primary channels for attracting consumers and sales. The research provides insights into how businesses can utilize these tools to adapt to the challenges of digitalization, such as the growing importance of mobile commerce and the integration of social platforms as primary distribution channels.

THE PROBLEMS OF ECONOMYVol. 1(63)
Openalex Percentile: Top 84%
Business and Economic Development
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