Ecommerce

Ecommerce

1. Ecommerce is basically the marketing of goods and services on networks such as the internet

2. Consumer

   • Advantages
     • Prices are normally lower online
     • Can compare prices easily to find the best deal
     • it saves money and time. (Money from petrol for transport) (Time from visiting the store)
   • Disadvantages
     • You sometiems have to pay for delivery costs
     • You cannot test the product online, the product that you order could be something different to what you thought that you had ordered online
     • You have to be careful about inputing your personal data due to the fact that some websites can steal your information.

3. Buisiness owner

   • Advantages
     • It is cheaper to maintain a website when compared to maintaining a store on the highstreet
       • You need less staff to manage an online buisiness
       • You do not have to pay for electricity bills or heating bills
       • You do not have to pay for insurance
     • It is easier to compare prices to that of another buisiness.
     • People do not keep track of how much they are spending online, resulting in customers buying more
     • You can help get rid of certain products by putting them on the homepage with discounts
   • Disadvantages
     • It costs a lot of money to build and maintain a website and domain name
     • Hackers will try to steal information from your buisiness
     • People do not put their trust in the buisiness due to the fact that there is no personal contact