ECOMMERCE
THE BENEFITS OF ECOMMERCE
Before we get into the benefits of ecommerce, I find it better to first know what ecommerce is?
What is Ecommerce? E-commerce is the buying and selling of good or services via the internet, and the transfer of money and data to complete the sales. It’s also known as electronic commerce or internet commerce. In the present world, more and more people are embracing the technology world.
Here are 4 benefits of engaging in Ecommerce.
Convenience: Online commerce makes purchases simpler, faster, and less time-consuming, allowing for 24-hour sales, quick delivery, and easy returns.
Personalization and customer experience: E-commerce marketplaces can create rich user profiles that allow them to personalize the products offered and make suggestions for other products that they might find interesting. This improves the customer experience by making shoppers feel understood on a personal level, increasing the odds of brand loyalty.
Global marketplace: Customers from around the world can easily shop e-commerce sites – companies are no longer restricted by geography or physical barriers.
Minimized expenses: Since brick and mortar is no longer required, digital sellers can launch online stores with minimal startup and operating costs.
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Written by: Boaz Bett
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