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Advantages and disadvantages of E-Commerce.

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Introduction

E-Commerce E-commerce is the online deal of business, featuring linked computer systems of the vendor, host, and buyer. Electronic transactions involve the transfer of ownership or rights to use a good or service. Most people are familiar with business-to-consumer electronic business (B2C). Common illustrations include Amazon.com, llbean.com, CompUSA.com, travelocity.com, and hotels.com. E-commerce can be divided into: * E-tailing or "virtual storefronts" on Web sites with online catalogs, sometimes gathered into a "virtual mall" * The gathering and use of demographic data through Web contacts * Electronic Data Interchange (EDI), the business-to-business exchange of data e-mail and fax and their use as media for reaching prospects and established customers (for example, with newsletters) ...read more.

Middle

This saves a lot of time. * Because the products can be sold over the Internet, sellers are able to market their products or services globally and are not limited by the physical locations of a store. * The advance in Internet technology allows sellers to track the interests and preferences of their customers with the customer's permission. They could then use this information to build an ongoing relationship which would benefit them both. * Automated order tracking and billing systems cut additional labor costs, and if the product or service can be downloaded then e-commerce firms have no distribution costs involved. * The most attractive advantage of E-commerce is that you can get many expensive goods at a cheap price. ...read more.

Conclusion

You will also not get the same service that you do at a shop when looking to return something. * Many scams are performed on ecommerce. You must trust that the salesman is keeping to his word. There have been many incident on websites where the customer hasn't received his product. * The customer is not able to see the actual item before he purchases it. He can only see pictures taken by the salesman and must trust that they are truthful. * Unlike getting something from a store if you use E-Commerce there is a set period of time that you should receive your item in for example they may say between 9-3 you will have to stay home in order to receive the item. ?? ?? ?? ?? 1 ...read more.

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