Advantages and Disadvantages of E-commerce Website

Advantages and Disadvantages of E-commerce:

Advantages Of E-Commerce:

v  No spatio-temporal boundary:

Online shopping has no geographical boundaries, allowing you to visit a store's website at any time and from any location as long as you are connected to the Internet (Yang, Jia-xin and Zhao, Hong-xia and Wan, Jun,2010).

v  Convenient payment:

The main banking industry in the online card, which includes manufacturing bank cards, business and commercial bank cards, postal protection cards, and so forth, is the most crucial form of electronic payment (Yang, Jia-xin and Zhao, Hong-xia and Wan, Jun,2010).

v  Saving cost of shopping:

In usual shopping in shops, customers gather product information first, pick and buy products afterwards, and then return home with their purchases. The total cost of the purchase includes the item pricing, shipping costs, including any visitors' fees between the store and the customer's residence, as well as transaction costs. The total includes the cost of the things, the community sum, the logistics charge tag, and so forth below the e-commerce environment. Compered to the other kind of shopping which is the online shopping (Yang, Jia-xin and Zhao, Hong-xia and Wan, Jun,2010).

v  Flexibility and Speed (Accion Opportunity Fund, 2022).

 

E-commerce Disadvantages:

v  Not all goods are suitable to be purchased online (Accion Opportunity Fund, 2022).

v  Lack real environment and atmosphere of shop (Accion Opportunity Fund, 2022).

v  Lack of credibility and security in some websites (Accion Opportunity Fund, 2022).

 

Refrences:

Accion Opportunity Fund, 2022. E-Commerce Advantages and Disadvantages. [online] Accion Opportunity Fund. Available at: <https://aofund.org/resource/e-commerce-advantages-and-disadvantages/> [Accessed 15 July 2022].

J. -x. Yang, H. -x. Zhao and J. Wan, "Research on the Advantages and Disadvantages of Online Shopping and Corresponding Strategies," 2010 International Conference on E-Product E-Service and E-Entertainment, 2010, pp. 1-3, doi: 10.1109/ICEEE.2010.5660278.

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