E-Commerce or Electronics Commerce is a methodology of modern business which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. As mobiles become more popular, shopping on mobile devices is definitely time saving and additional benefit. With shopping on mobile one does not have to always have a laptop or a PC available in order to buy things on the internet. Although the benefits of using E-Commerce systems are huge and list is endless, some key benefits of using E-Commerce systems to sell your products online are:
- Far fewer overheads than brick and mortar business. There are no expensive rentals or employee costs, insurance, power, phone or any of the hundred other bills that store owners have to deal with on a regular basis.
- Low maintenance! Once a development cost is spent on building E-Commerce business the time spent any money spent maintaining it is minimal.
- Greater convenience of having a product delivered.
- Payments are made online instantly meaning no cash handling.
- The convenience of shopping online means a better buying experience for customers.
- Working online gives you a competitive advantage; lower costs mean higher profit margins while keeping prices competitive.
- Customers have access to full range of products as sometime it is not possible for a customer to see full range of products in physical stores.
- Availability of business / online store is 24X7 and 365 days.