There was a time when most people used to do offline shopping. At that time whenever people had to buy something, they used to go to the market and do the shopping. But in the last few years, the effect of the revolution in technology and the internet is that today many people are doing online shopping.
Online shopping is a very good option in today’s time. In this neither you have to go to the market nor there is any hassle of bargaining with the shopkeeper. Along with this, on a few clicks, the desired goods come to your home. Buying and selling your goods online is called e-commerce.
Know about it in detail and its advantages and disadvantages –
What is an e-commerce business?
In earlier times the transaction of goods in exchange for goods was called barter. After that, after the practice of currency, currency was given in exchange for goods or services.
In today’s time, the transaction of goods or services through the Internet is called e-commerce.
Today there are many platforms for e-commerce, such as Amazon, Flipkart, Myntra, and eBay. Traders enter the details of their products on such platforms and people buy goods by looking at these details from here. In this form of business, the seller and the buyer do not see each other and the entire process is completed through the Internet, hence it is called E-commerce.
Benefits of E-Commerce Business
The way today most people are using e-commerce to buy and sell goods, in the coming few years people will be completely dependent on e-commerce platforms for shopping. In such a situation, it is very important to know the benefits of e-commerce –
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- When we sell our goods from physical shops, we are bound to a limited area, whereas through e-commerce, we can sell our goods in any corner of the world.
- We cannot do business by opening a physical shop 24 hours, but through e-commerce business, we can do our business 24×7.
- When we shop at a physical store, we do not get to know the views of other people who have bought that item, but through e-commerce platforms, we can see the reviews and ratings given by other people before buying the product.
- When we buy goods on e-commerce platforms, we do not need to go anywhere. In this way, our time is saved a lot.
- Compared to the physical shop, we can easily get the goods replaced on e-commerce platforms and can also get them returned if we do not like them.
Disadvantages of E-Commerce Business
Just like everything has two sides, in the same way, there are advantages as well as disadvantages of e-commerce business –
- It has been seen many times that people order goods online, they get something else instead of the goods. Along with this, the payment is also done online, so the fear of cyber fraud also remains in it.
- When we buy goods online, we only see the photo or videos of the goods. When the goods reach us, there is no guarantee of their good quality.
An online business can be a good option if we gather a little internet knowledge and take some caution while using e-commerce.
