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Advantages and Disadvantages of Ecommerce
1.
2. E-COMMERCE or
ELECTRONIC
COMMERCE is buying
and selling goods over
internet.
e-commerce is similar
to offline business with a
difference that buyers do
not actually meet sellers.
4. SAVINGS :
Sellers need not to go
to the store physically.
Hence ,it saves both time
and money.
24*7 BUSINESS :
E-commerce is a 24*7
business. There is no
opening and closing time
for the stores.
5. HUGE VARIETY :
Customers can easily select
products from different
providers without moving
around physically.
LEAST CAPITAL
REQUIRED :
High initial cost is not
required. Business can be
started with least
amount of capital.
6. DISADVANTAGES -
HABITUATE :
No doubt e-shopping is
getting popular day by day
but still there are people
who prefer store to store
shopping because they are
habitual of doing so.
7. SECURITY :
E-commerce sites,
payment gateways are
prone to attack from
hackers and thus,
customer’s identity is at
threat.
QUALITY :
Quality of products is not
assured.