Why We Study E-Commerce ?
1. E-commerce technology is different and more powerful than any of the other technologies that we have seen in the past century.
2. E-commerce has challenged much traditional business thinking
3. E-commerce has a number of unique features that help explain why we have so much interest in e-commerce
E-commerce business operates on the internet platform and today with the internet’s power, you could get far more customers than you could by running an actual shop.
E-commerce business reduces destination barriers. With the internet, distance never becomes an issue because the consumer can buy anything that he wants with the click of a mouse.
When compared to running an actual shop, the expenses involved with running an ecommerce business is pretty low. When you run a store, you need to rent a place, hire employees and also pay up for any peripheral costs such as electricity, water, etc. With an ecommerce business, you are saved all of this trouble and thus can reduce your expenses considerably.
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