Flashcards
Unit 3.4 Ecommerce
Cards in this deck (3)
- 1E-COMMERCEBuying and selling goods and services through the internet.
- 2Advantages*Lower overheads
*Less stock needs to be held
*Improved liquidity
*Ability to access a wide range of consumers
*Direct marketing can be cheaper
*International exposure achieved through emails/videos/social media
- 3Disadvantages*Increased levels of competition
*Security difficulties
*Set-up costs
*Can be difficult to establish
*Difficulties in reaching some market segments
*Difficulties faced with a lack of direct contact with consumer
Information
- Description
- Business Unit 3 (3.4) Flashcards on Unit 3.4 Ecommerce, created by Umu Cisse on 23/03/2017.
- Created by
- Umu Cisse
- Views
- 1
- Rating
More on E-commerce Benefits, Risks and Impacts