Advantages and Disadvantages of Ecommerce

So you've been thinking about starting your own online business that's great. But, perhaps you are still unsure whether an e-commerce business is a right option for you. Don't worry now I will inform you about the advantages and the disadvantages of the e-commerce business. In the last of the post, you'll have all the information you need to make the best decision for you and your future business.

Advantages of eCommerce

• Faster buying/selling procedure, as well as easy to find products.
• Buying/selling 24/7.
• More reach to customers, there are no theoretical geographic limitations.
• Low operational costs and better quality of services.
• No need for physical company set-ups.
• Easy to start and manage a business.
• Customers can easily select products from different providers without moving around physically.

Disadvantages of Ecommerce

• Anyone, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money.
• There is no guarantee of product quality.
• Mechanical failures can cause unpredictable effects on total processes.
• As there is a minimum chance of direct customer to company interactions, customer loyalty is always on a check.
• There are many hackers who look for opportunities, and thus an eCommerce site, service, payment gateways, all are always prone to attack.