E-Commerce

Benefits

1. Convenient
   E-Commerce sites operate 24 hours a day 7 days a week.
   
   
2. Lower Internal Costs
   E-Commerce allows firms to eliminate the middleman in buyer-supplier transactions, interact with customers through e-mail rather than direct mail and direct sales, and distribute information online instead of through costly catalogs.
   
   
3. Cheaper Processing Costs
   Electronic payment is less expensive than paper payment.
   
   
4. Increased Speed of the Selling Process
   E-Commerce companies receive revenue faster than traditional retail sellers.
   
   
5. Reduced Errors
   The automated process tends to produce fewer errors than the traditional selling process.
   
   
6. Unlimited Shelf Space
   E-Commerce companies can display/shelve an unlimited number amount of goods.
   
   
7. Increased Global Presence
   E-Commerce companies can be accessed by people from all over the world.