Advantages of E-Business
E-Business or electronic business is the business that is done electronically, using information and communication technology. E-business is conducting business via internet.
Every Businessman is looking for an online store as the need of eCommerce industry is increasing. E-business is growing globally day by day like never before. It has many advantages.
Advantages of E-business for customer and retailer.
With e-business you can overcome Geographical limitation. You can sell or buy from any where in the world. It can reach to more customers.
E business helps in better Communication between the customer and the retailer. It is easy and fast to buy or sell or find products.
No timings or restrictive hours for e business. You can buy or sell the products at any time – 24/7.
E business saves money for both. It costs low marketing and advertising cost for the retailer and low product cost plus discounts for the customers.
E business doesn’t need any physical set up for the company. It can be easily started and managed.
E business saves the travel time and cost to the customers. They can easily select products from different providers without moving around physically.
E business allows the customer to compare the products and shop the best. The customer can compare the product in different online stores.
E business provides the abundant information for the customers according to their required products, which the customer has mentioned in the registration form.