E-Commerce Advantages and Disadvantages

Hello sir I am Ravi and I am here as I want to know the Advantages and Disadvantages of E-Commerce so will you please tell me about this??

[Pathak]

E-commerce is business transactions through electronic means, including the internet, telephones, televisions and computers.


E-Commerce Advantages
1 E-Commerce Advantages for Customers
-Convenience
-Time saving
-Options
-Easy to compare.
-Easy to find reviews
-Coupons and deals

2 E-Commerce Advantages for Businesses
-Increasing customer base
-Rise in sales
-Expand business reach.
-Recurring payments made easy
-Instant transactions


E-Commerce Disadvantages

1 E-Commerce Disadvantages for Customers
-Privacy and security.
-Quality
-Hidden costs
-Delay in receiving goods
-Need access to internet
-Lack of personal interaction

2 E-Commerce Disadvantages for Businesses
-Security issues
-Credit card issues
-Extra expense and expertise for e-commerce infrastructure
-Needs for expanded reverse logistics
-Sufficient internet service
-Constant upkeep