Sunday, 15 September 2013

Atlas

Advantages and disadvantages of e-commerce

http://www.school-for-champions.com/ecommerce/ecommerce_versus_commerce.htm



Traditional Commerce 
E-Commerce 
Cost 
Cost is greater due to taxes, advertisement and employees. 
Average cost is much lower than traditional type.
Market 
Product market is limited because of geo-graphical constraints.
Product market is across the world because of non-physical aspects.
Advertisement 
It requires product advertisement on various mediums.
Developers of the websites also makes adds on domains.
Time 
It requires more time to go outside, to choose, compare and evaluate product.
It takes less time to choose and make comparison between several products.
Accessibility 
Less accessible due to time or geo-graphical constraints. 
Products can be accessed at any time and from almost anywhere.
Reliability 
People trust it more because of physical transactions.
Due to lake of awareness this is less popular among people. 
Support 
Customers support centers support their customers.
No physical support centers available.
Feedback 
Feedback from customers takes a lot of time.
Feedback is immediate by certain website features.
Interactivity 
Fewer customers can be interacting with at a time because of less physical limitations.
Websites are especially designed for multi-users.

Notes on E Commerce

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Merchant Stand

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