Author Topic: Benefits of Electronic Commerce.  (Read 1122 times)

Sajib Biswas

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Benefits of Electronic Commerce.
« on: July 03, 2013, 12:55:07 PM »
E commerce - in other words, business transactions on the Web where all it takes is a click of your mouse button and a flick of your fingers and you are on your way to being the proud owner of anything under the sun - is expected to boom beyond known limits in near future.

Why are we seeing such an interest in online business transactions?

The reason is....... the several e-commerce benefits which is enjoyed by both customers and merchants at the same time, a real win-win situation. Here's a summary of e-commerce benefits for you to view and consider.

    The market for a Web based business is not bound by any geographical constraints. This means lesser or NIL growth inhibitors due to various restrictions existing in different geographical regions.

    The transaction costs go down tremendously in a well set up site. The company saves on the costs of the people needed to interact with the customers, demonstrate the wares time and again, and take orders. All this gets automated online.

    Better, more inviting, convenient and comprehensive presentation of goods is conducive to greater sales. For instance, if you are at Amazon, you can take a look at what other people who ordered a book also purchased.

    Facilities such as being able to compare costs of several stores at the same time, keep a tab on your selections, the flexibility of being able to add, remove, and even come back later to carry on choosing instead of closing the deal in one online session itself are quite convenient to a customer.