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What are the advantages and disadvantages of e commerce?

By December 3, 2018 March 9th, 2019 No Comments

Advantages

  1. Using E-commerce site will decrease the cost related with client’s base, consumer loyalties and higher deals it produces.
  2. The Problems related with running a retail location will lessen on the grounds due to reason that exchange is done through a site and not through a guiding store, likewise, the cost of lighting, leasing, staffing and restocking a store will totally take out.
  3. Your business can reach every corner of the geographical location, It empowers the business to reach in worldwide markets with national and global requests. What’s more, your business action is no longer limited with any geological limitations.
  4. With this, and even private company can get to the worldwide markets for offering and purchasing of products and ventures.
  5. The client or consumer can buy and pay the amount and transactions is carried out 24 hours a day and on holidays and weekends.
  6. It gives the consumer an option to compare the prices and at the same time also benefited the customers for cheaper products at fine quality.
  7. No need to stand in big queues or on hold waiting for your turn.
  8. Various amazing deals and coupons are available to provide an extra discount.
  9. Managing the stocks, and inventory is an easy process also the records of payments and payouts can be done easily.

Disadvantages

  1. Delivery time of the product is more.
  2. Unavailability of touching off and feeling of the product.
  3. In case of items of clothing you have to buy without trying.
  4. Some times wrong or damaged product is delivered then the problem of returning and getting money back is a still difficult process.
  5. You have to wait for the delivery person because he can come at any time doesn’t matter you are busy or what you have to collect your item or should wait for some extra days.
  6. Some times you find an image of the product very attractive but the product you received does not match with the image you actually viewed on the website.
  7. Internet access is still not cheaper and is inconvenient to use for many potential customers like one living in remote villages.
  8. Every people is not digitally literate so that he/she is not capable of buying the product.

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