MORE ABOUT E-COMMERCE

Advantages of E-Commerce:

For Customers:

§  Convenience

§  Time Saving

§  Easy to compare

§  Easy to find reviews

For Businesses:

§  Increasing customer base.

§  Rise in sales

§  24/7, 365 days

§  Instant transactions

Disadvantages of E-Commerce:

For Customers:

§  No Privacy and Security

§  Delay in receiving goods

§  Need access to internet

§  Lack of personal interaction

For Businesses:

§  Security issues

§  Credit card issues

§  Extra expense and expertise for e-commerce infrastructure

§  Needs for expanded reverse logistics

§  Sufficient internet service

§  Constant upkeep

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