Advantages and disadvantages of E-commerce

 

As internet is expanding and evolving everything has become internet based which also includes business usually referred as e-commerce. This blog will convey the advantages and disadvantages of e-commerce or internet commerce.

Some of the advantages of e-commerce are:

1.Low financial cost for a startup:

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2.Can sell internationally:

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3.Personalized online experience:

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4.Easier to retarget or remarket to the customer.

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5.Gain access to customer data easily:

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6.Able to process a high number of orders:

Reference:https://resourcecenter.infinit-o.com/blog/6-steps-to-an-effective-order-processing-system/

Having many of its positive feedbacks there are some cons as well for e-commerce website. Some of those can be written as:

1.No one can buy during a site crash:

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2.It is highly competitive:

3. Customers cannot try before they buy:

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Ref: Ferreira, N.M. (2022) 20 advantages and disadvantages of Ecommerce, Oberlo. Oberlo. Available at: https://www.oberlo.com/blog/20-ecommerce-advantages-and-disadvantages (Accessed: January 29, 2023).