Advantages of E-Commerce by ruth sutton https://padlet.com/GBSLtd/k6lkyahcnnbh en-us 2017-04-25 08:05:55 UTC 2019-11-19 18:04:22 UTC hello@padlet.com Tom https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325012 ADVANTAGES OF E-COMMERCE

Access to Stores Located Remotely

No Need for a Physical Store

Stores Are Open All the Time

Ability to Buy and Sell to Other Consumers

Instantaneous Purchase of Digital Goods

Ability to Have Vendors Bid for Your Business

Ability to Scale Up Rapidly

Superior Customization


Disadvantages


Expense and Expertise Needed for Ecommerce Infrastructure

Multiplicity of Regulations and Taxation

Extraordinarily High Reliance on the Website

Inability to Identify Scams

Delay in Receiving Goods

Security Issues

Credit Card Fraud

Need for an Internet Connection

Inability to Experience the Product Before Purchase

Lack of Personal Touch
]]> 2017-04-26 10:26:58 UTC https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325012 Jai https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325092 ADVANTAGES OF ECOMMERCE
  • Faster buying/selling procedure, as well as easy to find products.
  • Buying/selling 24/7.
  • More reach to customers, there is no theoretical geographic limitations.
  • Low operational costs and better quality of services.
  • No need of physical company set-ups.
  • Easy to start and manage a business.
  • Customers can easily select products from different providers without moving around physically.
]]> 2017-04-26 10:27:30 UTC https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325092 Charlie https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325656 ADV of E-Commerce

Quick contact with buyer and sellers.

Fast buying/selling procedures.

Low operational costs.

Convenient.

Better quality of services.

Easy to start and manage a business.

No need of physical setup of company.

Operational buying and selling facility 24/7.

Ease of use, fast to find numerous select products without moving physical distance.


]]> 2017-04-26 10:31:34 UTC https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168325656 Adam https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168327107 Can buy from online stores all over the world. 
Able to buy and sell all day every day.
Don't need to travel to the store. 
Delivered to you house, can be tracked so you know when it turns up.
Can monitor statistics for the sales and views on the website.
Support can help people through the process of ordering and any queries they have on their orders.
Can compare prices in one place without having to visit all of the different store]]> 2017-04-26 10:40:35 UTC https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168327107 Chris https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168329060

Faster buying/selling procedure, as well as easy to find products.

  • More reach to customers, there is no theoretical geographic limitations.
  • Low operational costs and better quality of services.
  • No need of physical company set-ups.
  • Easy to start and manage a business.
  • Customers can easily select products from different providers without moving around physically.

http://www.esalestrack.com/blog/2008/09/advantages-and-disadvantages-of.html

Gain new customers through search engine results

faster location of the product for the customers & lower running cost for the company

Allows comparison between pricing and products easily

Additional information can be provided to the customer
https://www.thebalance.com/advantages-of-ecommerce-1141610


Disadvantages
Security issues associated with payment on some sites and personal data which is stored by the company
 
Quality may be lower than expected as the image may be misleading

Disputed payments from the customer may lead to transactions not going through

constant cost of upkeep on the system which has been installed

expertise required to keep the system running and updated with new products

sufficient internet service is required to keep the website fast and accessible for the customer

Delay in delivery of goods to the customer

Potential issues with fraudulent use of a customers card

may have transactions charges associated with the purchase

Larger competition with national online retailers

potential online scams from impersonators of your company
https://www.enkivillage.org/e-commerce-advantages-and-disadvantages.html




]]> 2017-04-26 10:53:41 UTC https://padlet.com/GBSLtd/k6lkyahcnnbh/wish/168329060