Saturday, September 12, 2020

E-Commerce

E-Commerce (Electronic Commerce)


E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet.E-commerce is also known as electronic commerce or internet commerce. These services are provided online over the internet network. Transaction of money, funds, and data are also considered as E-commerce.


Its types are as follow:
  • Business to Business (B2B)
  • Business to Consumer (B2C)
  • Consumer to Consumer (C2C)
  • Consumer to Business (C2B)
Advantages of E-Commerce:
  •     E-commerce provides the sellers with a global reach.
  •     It provides quick delivery of goods
  •     A customer can shop 24×7
  •     It reduces the paper work


Disadvantages of E-Commerce:
  •     The order is placed there can be problems with shipping, delivery, mix-ups etc.
  •     The e-commerce industry has high risk of failure.
  •     Credit card theft, identity theft etc. remain big concerns with the customers.
Features of e-commerce are :
  • Time saving
  • Less taxes
  • Easy to compare prices
  • No crowds
  • More variety

THE END




No comments:

Post a Comment

E-Commerce

E-Commerce (Electronic Commerce) E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the interne...