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What are the advantages of using e-commerce?
Fundamental Benefits of E-Commerce are illustrated below:
The major benefits are increasing sales and decreasing costs. The other benefits are as follows:
1. Increased accessibility to customers
2. Convenience of making comparisons
3. Increased Profitability
4. Innovation: E-commerce enables business organization to create new products or services.
5. Improvement within consumer service: There is a direct advantage into improvement of consumer service. High levels of customer satisfaction generate raised sales and profits.
6. Tangible advantages
7. Strategic Benefits
Two stage channel of distribution This is the most commonly used channel of distribution for the sale of consumer goods. In this case, there are two middlemen used, n
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