Benefits Of Ecommerce To Consumers And Society!

Benefits of e-commerce to consumers

1 – Achievement of opportunities for self-employment and small projects for young people.

2. Fast access to information: Customers can get the necessary information in seconds or minutes through e-commerce. In return, it may take days and weeks to get a response if you request information from a concrete location.

3 – Non-closure of the Internet markets: 7 Figure Cycle E-Market is open continuously throughout the day and without any holiday.

4. Save time and effort: Customers do not need to travel or wait in line to buy a particular product, nor do they have to move this product to the house. Buying a product requires more than just clicking on the product, entering some information about the credit card, or transferring the amount from the customer’s account to the beneficiary’s account through a local bank. In addition to the credit card, there are several appropriate payment systems such as electronic money (E-Money).

5. Freedom of choice: E-commerce offers a great opportunity to visit various types of shops online, and in addition, it provides customers with full product information. And it is all done without any pressure from vendors.
 
6. Reducing prices: Many companies sell goods at lower prices compared to traditional stores, because online shopping offers a lot of costs spent in regular shopping, and because competition is fierce among Internet merchants, it is in the interest of customers.

7 – Get the satisfaction of the user: because the user is the one who decided his needs.

8. E-commerce allows to participate in virtual auctions.

9. E-commerce allows customers to exchange experiences and opinions about products and services through electronic communities on the Internet (such as forums).

10. Access to information technology opportunities.

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What is the difference between e-commerce and traditional commerce?

We will mention the difference between e-commerce and traditional commerce, but after a simple explanation of the word that combines them (trade). Trade is the events and operations related to the purchase or sale of goods and services. These operations are divided into the following categories:

1. Marketing: 7 Figure Cycle Review is the process of reaching customers, to provide them with information about the company, brand, products or services.
2. Sales: Transactions related to the treatment of actual sales, including the transaction itself.
3. Payment: The processes related to the buyer’s fulfillment of its obligations in the procurement process.
4. Compliance of requests: processes related to the seller’s fulfillment of his obligations in the sale.
5 – Customer Service: The operations of the subsidiary after the requests are met, to solve problems and questions, and also related to pre – sales support, and public questions and so on.

We can say that e-commerce and traditional trade do not differ in elements related to the purchase or sale of goods and services, but differ in how they are implemented. We all work in traditional trade, the trade that every individual, trader, body, company or enterprise trades in our daily lives. We know that traditional trade is tired, burdensome and expensive. It costs so much, such as rent, decorations, water, electricity, cleaning, offices, papers, salaries, administrative expenses and expensive marketing expenses, which are usually local marketing, at the level of the city where the establishment is located or at the state level.

E-commerce follows a non-traditional approach to reaching customers, but the way and type of marketing in the world. They also generate huge returns, offset by a significant reduction in costs compared to traditional trade. E-commerce is done through a market to connect customers to merchants. The Internet marketplaces, and through e-commerce, companies can better manage their purchases, supply, sales, E-commerce can also provide daily customer information, which undoubtedly reduces the cost of business transactions, because it eliminates the role of intermediaries between the seller and the buyer. Payment is often made in electronic commerce through electronic credit cards, bank transfer and electronic checks.

What is the difference between e-commerce and e-business?

We will clarify the difference between the e-commerce and e-business, God willing, with a definition of each of them as follows:

I. E-Business:

Is the adaptation of technology in the service of business, and contribute to the promotion of business using different technologies. These include the Office’s executive applications for corporate policy, corporate business applications, document archiving, booking systems, and any internal tasks not covered by the public such as accounts, service, storage, and management. 7 Figure Cycle is all about converting paperwork into electronic, administrative, financial and service work. E-commerce, E-Banking, E-Insurance Company, and government services, which are currently developing their concept towards e-commerce, A more comprehensive concept is the e-government, and any facility that may establish an online network to manage its business and employee performance.

Second: E-Commerce:

It is a commercial activity that deals with the buyer’s relationship with the buyer, ie the execution of sales and purchases over the Internet, whether such sales are goods or products such as buying books, CDs, cars or other services such as purchasing space on the Internet through hosting sites. As we have said, all these trading transactions are carried out using electronic or technical means.

After mentioning the definition of e-business and e-commerce, the difference between them has been revealed to us, and it is not as many believed that the term E-Commerce is an echo of the term e-business. It is part of e-business and not vice versa.

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