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Advantages of E-Commerce

                    Let’s learn about some advantages of e-commerce.

                      •  All the products and services to suit the requirements of customers are available at one
                          place. The customers can also access the information and details about the products
                          they wish to buy.
                      •  The customers can search for products and place their orders any time from any location.
                          It provides more options to the customers and ensures fast delivery of products.
                      •  The customers can make online payments easily through various payment modes like
                          Internet banking, credit cards and debit cards. Electronic transactions also save time thus
                          speeding up the processes of cheque clearance and bill payment.
                      •  Customers can see the comments and reviews of other customers before buying products.
                          They can also put their views about the products they are using.

                      •  E-commerce helps the organisations to locate business partners and clients.  The
                          organisations can market their products in national and international market using
                          e-commerce at minimum costs.
                      •  E-commerce helps the companies to build brand image and provide better customer
                          services.
                      •  E-commerce helps to simplify the business processes and makes them faster and effi  cient.
                      •  E-commerce reduces the paper work.

                      •  E-commerce increases the productivity of organisations. It supports ‘pull’ type supply
                          management. In  ‘pull’ type supply management, a business process starts when a
                          request comes from a customer and it uses just-in-time manufacturing way.

                    Disadvantages of E-Commerce
                      •  Internet access is mandatory required to perform online shopping or online transactions.

                      •  When we are shopping online, we cannot feel the fabric or any product. It becomes
                          diffi  cult for the customer to analyse the product until it is delivered.
                      •  To perform online shopping, the payments are done by using credit or debit cards.
                          So the customer needs to be very conscious while doing so as it may lead to misuse of
                          the information.

                    Electronic Shopping

                    When a customer buys products or obtains services                     Learn More
                    through the Internet, then it is called  electronic
                                                                                     Sachin Bansal and Binny Bansal are
                    shopping (e-shopping). Online shopping has come in
                                                                                     the founders of Flipkart. It has its
                    popularity over the years, mainly because people fi nd           headquarters in Bengaluru.
                    it easy from the comfort of their home or offi  ce. One of
                    the most major factor about online shopping is that particularly during a holiday season, the
                    customer need not to wait in long lines or search from store for a particular item. Some of the
                    popular sites used for e-shopping are amazon.com, fl ipkart.com and ebay.com.




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