Advantages and Disadvantages of Electronic Commerce
With the various pros and corns of E-commerce System the benefits are overweight the drawbacks. A good strategy can build a sound image of your ecommerce site in customers mind. And can also change the overlook and present concerning affairs to help the E-commerce to adapt the changing needs of the world
Electronic Commerce or E-commerce is all about selling and purchasing the product and services supported by electronic payment system. The system was introduces in 1970 with electronic data interchange. E-commerce refers to a commercial transactions that involves the transfer of information over the internet. With the rapid growth in online shopping websites like: Amazon and EBay were introduced. It has made the market place for businesses and consumer to make trade and transaction across the world. As like all business, electronic business is also have some benefits and drawbacks. Let’s go through the advantages and disadvantages of E-commerce.
For Consumers, the greatest advantages lie in its convenience, selection, customization, price comparison, and potential cost savings. Shopping can be done at any time by the use of website, so there no need to go home from work to buy an item before the shop is closed. Individuals can compare prices to find the lowermost and often the item can be delivered to their front door.
Some sites may be fake and desire to take info or get a consumer to waste money on faulty goods. When allowing for making an electronic purchase, a consumer should study whether the expediency balances the artificiality. The goods they want to purchase is actually can be purchased online? And what are the security measures to ensure your personal information? This question should be arise when you opt for online shopping.
Article Tags: Electronic Commerce
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ABOUT THE AUTHOR
Patrick Danial is Marketing Manager At IBS (International Bank Services) exploring his views about Ecommerce and making deliberate efforts to bring advanced features with internet marketing.For more info visit us on - http://www.internationalbankservices.com