You are here:   HomeElectronic CommerceE CommerceTypes of E-Business Models and Markets
by Dinesh Thakur Category: E Commerce

Advantage of e – commerce:-

 

1. Facilitates the globalization of business:-e – commerce facilitates the globalization of business by providing some economical access to distant markets and by supporting new opportunities for firms to increase economies by distributing their products internationally.

 

2. Provides increased purchasing opportunities for the buyer:-As e – commerce increases sales opportunities for the seller, it also increases purchasing opportunities for buyer.

 



3. Lowering staffing cost:- As in e – commerce, the selling & purchasing process is outline, the amount of interaction with staff is minimized.

 

4. Market based expansion:- An e – commerce is open to entirely new group of users, which include employees, customers, suppliers & business partners.

 

5. Increased profits:-With e – commerce, companies reach more & more customers where physical commerce cannot reached, thus increasing profits.

 

6. Increased customer service & loyality:- e – commerce enables a company to be open    for business wherever a customer needs it.

 

7. Increase speed & accuracy:- E – commerce see the speed and accuracy with which business can exchange information, which reduces cost on both sides of transactions. It is available 24 hours a day & 7 days a weak.

 

8. Reduction of paper storage.

 

9. Increased response times:- In e – commerce, the interaction with the system take place in real time & therefore allows customer or bidder to respond more quickly & thus reduces the time of discussion between then as in traditional commerce.





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About Dinesh Thakur

Dinesh ThakurDinesh Thakur holds an B.SC (Computer Science), MCSE, MCDBA, CCNA, CCNP, A+, SCJP certifications. Dinesh authors the hugely popular Computer Notes blog. Where he writes how-to guides around Computer fundamental , computer software, Computer programming, and web apps. For any type of query or something that you think is missing, please feel free to contact us.



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