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E-commerce

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E-commerce

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Created by

VICTOR Mon
VICTOR Mon
Mexico

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E-commerce
 

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E-commerceOnline version

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by VICTOR Mon
1

Electronic commerce , or e - commerce , is the and selling of goods and services over the . E - commerce can be conducted on computers , tablets , smartphones , and other smart devices . Nearly every imaginable product and service is now available through e - commerce , and it has how many companies and entire industries do business .

2

E - commerce has helped ( especially those with a narrow reach , like small , local businesses ) gain access to a wider by providing cheaper and more efficient sales and distribution channels for their products or services .

While some businesses exist online , others straddle the real and virtual worlds .

At the other end of the scale spectrum , individual increasingly engage in e - commerce transactions via their own personal websites . And digital like eBay and Etsy serve as exchanges where multitudes of and sellers can come together and do business .

3

: E - commerce can happen 24 hours a day , seven days a week . Consumers can buy at their convenience , and business owners can make sales while they sleep .

: Many stores offer a wider array of products online than they could ever carry in their brick - and - mortar counterparts . And many stores that solely exist online offer consumers exclusive inventory that is unavailable elsewhere .

- up costs : E - commerce companies may require a warehouse or manufacturing site , but they usually don't need a physical storefront . The cost to operate digitally is often less expensive than needing to pay rent , insurance , building maintenance , and property taxes .

: As long as an e - commerce store can find a way to ship its products to its customers , it can sell to anyone in the world and isn't limited by physical geography .

: Willingly or unknowingly , consumers share a lot of information on their interests and shopping habits when they buy or even just browse online . Site owners can monetize this data in a number of ways , using it themselves and selling it to others .

4

: If you shop online for a computer , you cannot simply ask an employee to demonstrate a particular model's features in person . And although some websites let you chat online with a staff member , that is not a typical practice . A disadvantage for shoppers , this can also be a money - saver for retailers .

: When you buy an item online , you must wait for it to be shipped to your home or office . However , e - tailers like Amazon now make the waiting game a little bit less painful by offering same - day delivery as a premium option for select products .

: Online images do not necessarily convey the whole story about an item , and e - commerce purchases can be disappointing when the items don't live up to the buyer's expectations . Case in point : an item of clothing may be made from shoddier fabric than its online image indicates .

: If a website crashes or must be temporarily taken down for any reason , the business is effectively closed until things return to normal .

: Although the low cost of starting an e - commerce business can be an advantage , it also means competitors can just as easily enter the market .

 
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