Benefit Of E Commerce
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E-commerce provides several key benefits over traditional retail businesses: 1) It allows businesses to reach a global customer base rather than being limited to local areas, potentially increasing profits. 2) E-commerce is more cost-effective as it requires fewer employees and resources compared to maintaining physical storefronts. 3) Customers can shop anytime from anywhere in the world through e-commerce websites and stores, providing greater convenience.
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Availability by controlling access
E commerce
E-commerce refers to the buying and selling of goods or services using the internet and other computer networks. It allows for faster and more convenient purchasing available 24/7 to customers worldwide. While it offers low costs and accessibility, e-commerce also poses risks like credit card theft and an inability to physically examine products. E-commerce can take several forms including business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C) transactions over websites and online marketplaces. The basic process involves a customer browsing a merchant's website, adding items to a shopping cart, providing payment and shipping details, receiving a purchase confirmation, and having the order fulfilled.
E-COMMERECE V/S TRADITIONAL COMMERCE
E-commerce refers to the buying and selling of goods and services over the internet. It began in the 1970s with businesses using technologies like EDI to facilitate electronic transactions. It grew in the 1980s-90s with the commercialization of the internet and rise of dot-com companies. Traditional commerce involves selling products and services within an industry or geographical area through direct interaction. While traditional commerce allows for face-to-face interaction, e-commerce provides lower costs, a global reach, and instant delivery for consumers. Both methods have benefits and challenges related to areas like fraud, communication, payment options, and marketing.
online shopping
This document discusses online shopping and online banking. It begins by explaining the emergence of online shopping with the development of the internet. It defines online shopping as purchasing goods or services directly from sellers over the internet without an intermediary. The document also outlines some benefits and risks of online shopping for consumers and businesses. It then compares online and traditional shopping. The document also discusses electronic banking, defining it and outlining various electronic banking methods. It notes benefits for banks and customers, as well as challenges. Finally, it discusses trends in online and wireless banking, and provides tips for protecting yourself during online banking.
Advantages disadvantages
This document outlines the advantages and disadvantages of e-commerce for both customers and businesses. For customers, the key advantages are convenience, time savings, product selection, easy price comparisons, reviews, deals and coupons, stores being open all the time, and delivery. Disadvantages include privacy/security risks, inability to see quality before purchase, potential hidden costs, delivery delays, needing internet access, lack of personal interaction, and inability to experience products before purchase. For businesses, advantages are no cash handling, increased customer base, higher sales, expanded reach, instant transactions, ability for vendors to bid, and ability to scale rapidly with lower employee costs. Disadvantages include security issues, infrastructure expenses and expertise needed, constant up
E - commerce
E-COMMERCE DEFINITION- HISTORY- TYPES- BENEFITS- APPLICATION- PROCESS- ADVANTAGES AND DISADVANTAGES- SWOT ANALYSIS- INCREASING LABOUR- GENDER DIFFERENCE- CONCLUSION
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Std 12 Computer Chapter 4 Introduction to Ecommerce (Part 2)
Std 12 Computer Chapter 4 Introduction to Ecommerce (Part 2)
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