Wednesday, 2 October 2013

Benefits of Ecommerce

-          Customers don’t need to stand in the queues for long hours. Ecommerce is convenient in rushy market hours.
-           Comparing prices between different company products is easier on the internet. Moreover there is a wide range of options to choose from.
-           People living out of urban areas have to come to urban centers for shopping. Ecommerce is a big advantage  for them
-          Ecommerce opens new markets for ecommerce businesses.
-          Setting up a physical store is costly. Ecommerce businesses save biggest cost overheads that retailers have to bear.
-          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.
-          Global markets - Neither the vendor nor the buyer is restricted to locality.
-          Interactivity - Immediate feedback on prices, features etc
-          Less paperwork 

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