Thursday, 25 April 2013

E-Commerce Solutions-Electronic commerce is commonly known as Ecommerce..

Electronic commerce is commonly known as Ecommerce. It is a system where buying and selling of product or any service is made electronically through Internet or other computing networks.

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.

Disadvantages of eCommerce

  • Any one, good or bad, can easily start a business. And there are many bad sites which eat up customer's money.
  • There is no guarantee of product quality.
  • Mechanical failures can cause unpredictable effects on the total processes.
  • As there is minimum chance of direct customer to company interactions, customer loyalty is always on a check.

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