With internet witnessing a steady growth an attempt to curb the online audience is on the rising stage. The businessmen have tried to capture the greater section of the society by capturing the tech savvy people and hence the growth and promotion of e-commerce sector. Amazon, Taobao, eBay, Tmall, Alibaba, Flipkart, Walmart are some of the well-known e-commerce companies that have tried capturing the greatest sections of the crowd. The multitude of e-commerce companies have given rise to.
The advent of e-commerce:
The electronic transaction which includes buying and selling of goods is an acronym to e-commerce. This acronym has taken the world by storm. E-commerce has become an ode to convenience, where a customer is required to click and get the services at his doorsteps. The year 1970 saw the birth of one of the most convenient ways of buying and selling products. Little did Michael Aldrich know that his invention would go on to become one of the most sought after and widely used medium for the commerce industry. It was he who invented the idea of carrying out the buying and selling process online. Since then there was no looking back for ecommerce development services that are slowly heading towards one of the fastest and most sought after industries.
Advantages of e-commerce:
When we talk about the advantages of e-commerce the list is just endless. So let us plunge into the endless list that talks about the advantages of e-commerce. One of the main advantages is the convenience factor. E-commerce has enhanced the convenience factor for not only the buyer but also for the seller. Anywhere and anytime highlights the convenience of the customers. A buyer can get the advantages of buying the product at his own convenience irrespective of the geographical location. A buyer, on the other hand, gets to curb a wider section of the society, increasing the number of potential customers. The e-commerce development services have seen a rise in the past couple of years due to its increasing usage.
Disadvantages of e-commerce:
Everything in this world has some advantages and disadvantages to it. The above paragraph mentioned the advantages of e-commerce, now let us see what qualities or what factors provides a barrier for the e-commerce sector. Electronic commerce, as the name suggests, involves the use of machinery and technology where the possibilities of errors makes its impact. There is a lack of personal contact between a customer and the salesman. The online world has many black hatters who constantly looks out for ways to hack sites and get things customized to his convenience. Sometimes you end with products that are quite dissimilar to the ones that you viewed them online.
Every journey begins with a single step and e-commerce started its journey in the year 1970 that went on to create history in the world of buying and selling products. As the advantages are more alluring than its disadvantages, there are more and more people opting for this method to make shopping a fun and memorable one. It does have its share of advantages and limitations, but a cautious approach will save you from getting trapped.