Write down the characteristics of E-Commerce

 The characteristics of E-Commerce :

1. Unambiguity :

• Available everywhere
• Built into other devices
• Hidden but still there
• Lower transaction cost for the consumers/buyer
• Cognitive energy reduces by unambiguity

2. Global React :

• Easily reach across geographic boundaria
• Easy to understand how this feature can benefits business and consumers

3. Universal Standards :

• E-Commerce made possible through h/w and s/w content (world wide web )
• Universal standards can greatly influence market entry costs
• Reduce entry costs
• Lot more competition

4. Richness :

• Advertising and branding are an important part of e-commerce
• E-commerce can easily deliver video, audio, animations etc
• So richness is much better than other technologies.

5. Interactivity:

• Consumer/user can through with the content
  
  6. Information Density:
  
• Reduce information cost
• raises the quality of information
  

• 7. Personalization/Customization:
  
  
• To do customize the information