Advantages and Disadvantages of E-Commerce

Advantages of E-Commerce

ü       Global exposure for products and services

ü       Fast, Easy and convenient way of doing business

ü       Lesser advertising, marketing and personnel cost

ü       Selling and buying 24/7

ü       Quick search and comparison of the product

ü       Gain new customers

ü       Can offer coupons and deals

ü       Improved customer service

ü       Automated Inventory Management

Disadvantages of E-Commerce

ü       Lack of security

ü       Higher initial cost

ü       Lack of feel of products

ü       Higher Shipping cost

ü       Shipping may take time

ü       No guarantee of the product quality

ü       Network bandwidth may cause an issue

ü       Difficult to integrate ecommerce applications to existing websites