List Major Some Advantages of E-Commerce

Advantages : E-Commerce provides several advantages 

Lower Cost to the E-Merchant :

                                                          The entire financial transaction will eventually become electronic, So, Sooner conversion is going to be lower on cost. It makes every transaction through E-Commerce payment a lot cheaper.

Economy : 

                     By any standard, E-Commerce is economical. Unlike the brick and mortar environment, thee is no rental of physical store space, insurance or intrastructure investment.

Higher Margins :

                                E-Commerce also enables us to move better with higher margin for more business safety. Higher margin also means business with more control as well as flexibility and save time when manual transaction are done electronically.

Better Customer Service : 

                                           E-Commerce means and quicker customer service, Web based customer service makes customers happy. Customer have direct access to their accounts over the web, it saves times.

Quick Comparisons Shopping : 

                                                      E-Commerce helps consumers to comparisons shop.Automated online shopping assistants called hopbots Net stores and find deals on everything from appleas auce to printer ribons.

Productivity Grains : 

                                    E-Commerce means productivity grains.Weaving the web throughout an organization means improved productivity.

Teamwork : 

                      E-Commerce means working together. E-Mail is one example of how people collaborate to exchange information and work on solutions.

Growth in knowledge Markets :

                                                       E-Commerce helps create knowledge markets.Small groups inside big firms can be funded with seed money to develop new ideas.

Information sharing, Convinence and Control :

                                                                                 Electronic market places improve information sharing between merchants and customers, control is another major driving factor.

Customization :

                            Digital products are highly customizable. They are easy to recognise, revise or edit.

Coupons and Deals : 

                                     With every online business wanting you more and more coupons ans deals can't be avoided which are totally great for customers.

Rise in Sales : 

                              By not managing a storefront any business will have more sales online with a higher profit margin.