Question

how is e commerce beneficial to businessman. give brief answer

Answer 1

Ecommerce is the activity of doing business activities on the Internet. It refers to buying and selling products and services on the Internet through a website. Ecommerce is short for electronic commerce. Also known as an online store, an ecommerce website has features that make it easy for customers to browse for products, pick them out, put them into a trolley, and then pay for them at checkout.

Many people are moving from physical stores to buy goods and services on the Internet. Today, 60% of shoppers in developed countries go to the Internet to buy goods and services. This method of shopping is loved because it is convenient. People can shop from the comfort of their houses.

Unlike a regular brick and mortar store, an Ecommerce store stays up and running 24/7. Customers can get online and buy products at any time of the day. There are many benefits that ecommerce gives businesses. Read on to learn more.

Comprehensive descriptions of products

An ecommerce site provides its customers with data sheets that contain all the features and characteristics of products. This datasheet can also contain ratings given by other customers who have already bought this product. Also known as a product catalog, this document gives the customers all the information they need about the products that they want to buy. Armed with this knowledge, the customers can make informed decisions as they buy products.

The customers can also go through the details of each product before they buy it. They can read its ingredients and get background information about its manufacturers. This is next to impossible in brick and mortar physical stores. As such, an ecommerce store provides its customers with up to date information about its products and this is very helpful to customers as they make the decision to buy a product.