Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

Advantages of E-Commerce : -

 It increases sales and thus decreases costs of the goods.


 Advertising on the web can make a big or small firm's promotional message reach out to
potential customers all over the world.
 A firm can reach narrow market segmets that are widely scattered throughout the world.
 Low cost medium disseminating information and processing transactions.
 Provides the buyers a wider range of choices than traditional commerce technology.
 Help protect against frauds and theft losses because electronic payments can be easier to
monitor than payments made by cheques.
 Enables people to work from home and has an added benefit of reduction in traffic and
pollution caused by employees who have to communicate to office.

Disadvantages of E-Commerce : -

 Things like food, jewelry, antiques etc. can never turn to e-commerce because it is not
possible to inspect them from remove locations.
 Many firms have had trouble recruiting and retaining employees with the technological, design
and business process skills needed to create an effective electronic commerce presence.
 Frauds are not completely eliminated in the e-commerce transactions.
 Cyber laws are not properly enacted and the existing ones are not clearly defined.

You might also like