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  1. #1
    Senior Member
    Join Date
    Jan 2013
    Location
    Ranchi
    Posts
    205

    The major benefits of Ecommerce are

    1. Secure - More secure than a cheque.
    2. Fast - The transactions take not more than a few seconds
    3. Always on - The purchases can be made 24/7
    4. Convenient - Ease of purchasing
    5. Reduced cost price - Reduction of Marketing and Advertising Costs

  2. #2
    Registered User
    Join Date
    Oct 2016
    Posts
    188
    In physical stores, many customers pay with currency notes. For a large multi-store retailer, this creates the need for careful cash management. For the tax authority, it creates a problem in being able to accurately evaluate a retailer's earnings. Electronic payments leave a stronger trail, and this helps the retailer as well as the tax authority.

  3. #3
    Registered User
    Join Date
    May 2017
    Location
    Toronto
    Posts
    13

    major benefits of ecommerce

    Quote Originally Posted by jhonsmith123 View Post
    1. Secure - More secure than a cheque.
    2. Fast - The transactions take not more than a few seconds
    3. Always on - The purchases can be made 24/7
    4. Convenient - Ease of purchasing
    5. Reduced cost price - Reduction of Marketing and Advertising Costs
    There are tons of benefits of using an e-commerce store, some of the benefits which are very fruitful are:

    1) Convenience & Easiness
    2) Attract New Customers with Search Engine Visibility.
    3) Low cost for inventory Management.
    4) Keep Eye on Consumers’ Buying Habit.
    5)Selling Products Across the World.
    6) Stay open 24*7/365.

  4. #4
    Registered User 24x7servermanag's Avatar
    Join Date
    Jul 2017
    Location
    India
    Posts
    1,020
    e-Commerce site is the best option. Just you will need to learn so many things to manage it. You should have the knowledge of web development and design. You will have to learn the integration of payment gateway as e-commerce site will need that. You should learn the security things for securing the all details which your customers used to share online. Those should not be disclosed or hacked as there are bank details, credit/debit card details etc.

    You will need to introduce your website so you will get the visitors and your customers. SEO is the part of it, you will need to perform it to catch the new clients online. You will need to write the unique contents on your website.

    So there are so many things which comes under single website design and development.

    eCommerce sites avoid the security issues related to payments. You can select the payment gateway and can integrate it with you website. There are options to pay using button click but really not sure how safe they are for online transactions
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  5. #5
    Registered User
    Join Date
    May 2016
    Posts
    223
    It is not unusual for customers to travel long distances to reach their preferred physical store. E-commerce allows them to visit the same store virtually, with just a few mouse clicks.

  6. #6
    Registered User
    Join Date
    Feb 2014
    Location
    delhi
    Posts
    572
    Store timings are now 24/7/365. E-commerce websites can run all the time. From the merchant's point of view, this increases the number of orders they receive. From the customer's point of view, an "always open" store is more convenient.

  7. #7
    Registered User
    Join Date
    Sep 2017
    Posts
    1,192
    There are various benefits of E-commerce are given below.
    1. Convenience and Easiness
    2. Lower cost
    3.Competence
    4. Provide Comparison Shopping
    5. Create Markets for Niche Products

  8. #8
    Registered User
    Join Date
    May 2018
    Posts
    172
    1. Overcome Geographical Limitations
    2. Gain New Customers With Search Engine Visibility
    3. Lower Costs
    4. Locate the Product Quicker
    5. Eliminate Travel Time and Cost
    6. Provide Comparison Shopping
    7. Provide Abundant Information
    8. Remain Open All the Time
    9. Create Markets for Niche Products

  9. #9
    Registered User
    Join Date
    Oct 2017
    Posts
    72
    Advantages of Ecommerce Business model

    a) Faster buying & selling of Goods.
    b) No Geographical limitations
    c) Better quality of services
    d) Easy to setup & manage business compare to physical store

  10. #10
    Senior Member
    Join Date
    Jul 2018
    Posts
    380
    Everyone associated with Ecommerce is already aware of the benefits it has to provide us

  11. #11
    Registered User
    Join Date
    Nov 2015
    Posts
    98
    Ecommerce has the following advantages

    Faster buying/selling procedure, as well as easy to find products.
    Buying/selling 24/7.
    More reach to customers, there is no geographic limitations.
    Low operational costs and better quality of services.

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