E-commerce and Its Factors

E-commerce is a process of selling and buying of products on internet or other online services. The term commerce used for the encrypted payments and when it’s online, it is known as e- commerce.

E-commerce is a process of selling and buying of products on

internet or other online services. The term commerce used for the

encrypted payments and when it’s online, it is known as e-

commerce. E-commerce is getting popular day by day, customers are

getting advantage of discounted price offered by online

wholesalers in retail.

Now e-commerce market has become virtual main street market of

the world. It connects the sellers and consumers all over the

world. Due to invention of e-commerce the products and services

which were out of reach for many people previously are now being

used by them.

e-commerce has made the shopping process less tiring and easy.

The wide varieties of online shopping stores provide wide variety

and options to the consumers. People sitting miles away from each

other can interact and exchange their money and products by the

utilization of e-commerce.

Internet today is considered to be the biggest invention, which

has several utilities and capabilities and e-commerce is a

function provided to the world by the same great invention

internet. E-commerce has multiple number of benefits which

includes

• Low cost- because the market is presented by wholesalers,

they are able to sell it at lower price value and the products

are being sold as retailers the customers are able to use it.

• Time saving- sitting in front of your system and browsing

through online shopping sites and ordering the product you want

requires lesser time than going out to the market and searching

shops one by one.

• Variety- the options and variety provided by these online

shopping websites is much wider than your street market.

• Shortening the distances- you must have heard that, at

times people have to travel distances to get something specific,

unavailable in their own city or country. But now due to e-

commerce, it is simpler and easier for them, as they can get what

they want, sitting on their couches.

• New Markets- e-commerce provides new market to the

consumers.

There are many more benefits due to e-commerce. The utility of

this service is increasing day by day, in many countries people

still prefer buying products off line but the changes and impact

of e-commerce is strong enough to have an influence them.

The new generation forms a huge part of e-commerce customers, as

for old generation the concept is new and thus it seems to be

comparatively complicated for buying simpler and easily available

products online. At times, the shipping duration is longer than

the time required to go and b the product in person. So for

easily available, simpler products and services people don’t use

ecommerce, which restricts e-commerce within certain boundaries.

Two very popular online shopping stores are ebay.com and

yebhi.com. ebay.com is an international auction and shopping

online store. When consumers complaint to ebay.com they always

get a solution to their problems, as ebay interrupts and help

consumers to get out of trouble. At yebhi the complaints are

resolved fairly by their customer care staff.