Ecommerce: The Merits And Disadvantages Of E-Commerce

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E COMMERCE: The term "Electronic commerce" (or e-Commerce) refers to the use of an electronic medium to carry out commercial transactions. Most of the time, it refers to the sale of products via Internet, but the term eCommerce also covers purchasing mechanisms via Internet (for B-To-B). A client who purchases on the Internet is called a cyberconsumer. E-Commerce is not only limited to online sales, but also covers: • Preparation of estimates online • Consulting of users • Provision of an electronic catalog • Access plan to point of sales • Real-time management of product availability (stock) • Online payment • Delivery tracking • After-sales service In certain cases, electronic commerce makes it possible to highly customize products, in particular when the…show more content…
It makes increase on the numbers of e-commerce fans. You may want to learn on the advantages and disadvantages so you can earn more benefits from there. • The Advantages • #1. Cost Effective • The entire financial transactions will eventually become electronic, so sooner conversion is going to be lower on cost. It makes every transaction through e-commerce payment a lot cheaper. • #2. Higher Margin • E-commerce also enables us to move better with higher margin for more business safety. Higher margin also means business with more control as well as flexibility. You can also save time from the e-commerce. • #3. Better Productivity • Productivity here means productivity for both companies and customers. People like to find answers online because it is faster and cheaper, and it costs a lot cheaper expense as well for the company. • #4. Quick

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