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Advantages and Disadvantages of E-Commerce - Drisha's Blog

 Advantages of e-commerce 1.Scalability 2.Security risks 3.Sales 4.Product type 5.Target audience 6.Broad audience 7.Advanced customer data 8.Automated inventory management 9.Competitors 10.Greater reach 11.Improved customer engagement 12. Price comparisons Web traffic 13.Affordable advertising and marketing Disadvantages of ecommerce 1.Competition 2.Regulatory compliance 3.Limited sensory experience 4.Shipping costs 5.Tax issue 6.Technical challenges 7.Warehousing cost 8.Delivery Guarantee 9.Dependence on technology 10. Fear 11.Initial cost 12.Lack of privacy 13.Legal issues

Types of E-Commerce - Drisha's Blog

Types of E-Commerce The following are the 4 different types of e-commerce platforms: Business-to-Business (B2B) Business-to-Consumer (B2C) Consumer-to-Consumer (C2C) Consumer-to-Business (C2B) 1. Business-to-Business (B2B) A B2B model of business involves the conduct of trade between two or more businesses/companies. The channels of such trade generally include conventional wholesalers and producers who are dealing with retailers. 2. Business-to-Consumer (B2C) Business-to-Consumer model of business deals with the retail aspects of e-commerce, i.e. the sale of goods and/or services to the end consumer through digital means. The facility, which has taken the business world by storm, enables the consumer to have a detailed look at their proposed procurements before placing an order. After the placement of such orders, the company/agent receiving the order will then deliver the same to the consumer in a convenient time-span. Some of the businesses operating in this channel include well-kno...

What is E-commerce - Drisha's Blog

  E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the internet. It involves the use of electronic platforms, such as websites, mobile applications, and social media, to conduct transactions between businesses and consumers or between businesses. E-commerce has revolutionized the way businesses operate and has created new opportunities for entrepreneurs and consumers alike. One of the primary benefits of e-commerce is that it offers a more convenient and efficient way to conduct business. Consumers can browse and purchase products from the comfort of their own homes, while businesses can reach a global audience without the need for a physical storefront. E-commerce has also enabled businesses to streamline their operations by automating many of the tasks involved in the sales process, such as inventory management, order processing, and shipping. E-commerce has continued to grow in popularity and importance, particularly in light of the...