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Customers don’t need to stand in the
queues for long hours. Ecommerce is convenient in rushy market hours.
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Comparing prices between different company
products is easier on the internet. Moreover there is a wide range of options
to choose from.
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People living out of urban areas have to come
to urban centers for shopping. Ecommerce is a big advantage for them
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Ecommerce opens new markets for
ecommerce businesses.
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Setting up a physical store is costly.
Ecommerce businesses save biggest cost overheads that retailers have to bear.
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Though there is nothing about ecommerce
that makes it intrinsically oriented to discounts, the way online business has
evolved has led to lowered prices online. This is an advantage for the buyer,
but a disadvantage for the seller.
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Global markets - Neither the vendor nor
the buyer is restricted to locality.
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Interactivity - Immediate feedback on
prices, features etc
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Less paperwork
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