Advantages and Disadvantages of an E-commerce website

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Pros and cons OF E-commerce :




Pros:

  • It allows individuals to reach customers across the country and all around the world. The customers can make any purchase anytime and anywhere.
  • It is a lower cost, with the advancement of ecommerce platforms, it has become affordable and easy to set up and run ecommerce business with a lower overhead.
  • The other advantage of ecommerce includes increased Sales Along with instant gratification, for businesses selling digital goods, ecommerce allows to deliver products within seconds of placing an order. This satisfies the need of consumers for instant gratification and assists in increases sales.(A Plus Topper, 2022).

Cons :

  • The disadvantages of ecommerce include IT Security Issues, more organizations and businesses have fallen prey to malicious hackers who have stolen information of the customers from their databases, similarly, credit card fraud, are a natural and growing problem for online businesses.
  • It can lead to many chargebacks, which results in the loss of penalties, revenue, and bad reputation.
  • The last one is price and comparison, with online shopping customers can compare several products and find their least prices. This forces the business to compete on price and reduce their profit margins. (A Plus Topper, 2022).

References :

  • A Plus Topper. 2022. Advantages and Disadvantages of E-Commerce | What are E-Commerce Advantages and Disadvantages?. [online] Available at: <https://www.aplustopper.com/advantages-and-disadvantages-of-e-commerce/> [Accessed 4 August 2022].
  • Bing.com. 2022. advantage and disadvantage of e commerce - Bing. [online] Available at: <https://www.bing.com/images/search?view=detailV2&ccid=%2BLFIlz4V&id=3AFE8FD4B7C3E8CE4F42943D225B6763B6D9CE38&thid=OIP.-LFIlz4VlFdiR8_UWKTswAHaE0&mediaurl=https%3A%2F%2Fbuncheak.com%2Fwp-content%2Fuploads%2F2020%2F10%2FCapture-3.png&cdnurl=https%3A%2F%2Fth.bing.com%2Fth%2Fid%2FR.f8b148973e1594576247cfd458a4ecc0%3Frik%3DOM7ZtmNnWyI9lA%26pid%3DImgRaw%26r%3D0&exph=600&expw=923&q=advantage+and+disadvantage+of+e+commerce&simid=608055219352052500&form=IRPRST&ck=03F0AB5E29A4F9F6F9318CB1B9E3DBCF&selectedindex=1&ajaxhist=0&ajaxserp=0&pivotparams=insightsToken%3Dccid_fbw5c%252FNj*cp_47C0A77C20B12731195AEE2E1E8B0143*mid_A0452EA82AA9D71F7F0DD21EE30853BE4596D978*simid_608051937996850512*thid_OIP.fbw5c!_Nj3rdfdpVhDmL6zQHaD2&vt=0&sim=11&iss=VSI&ajaxhist=0&ajaxserp=0> [Accessed 4 August 2022].

Comments

  1. Abigail UdomaAugust 5, 2022 at 1:58 AM

    You can align your work with "Justify" option so it is well presentable. also your use of Capital letters, try to use them in appropriate places. Reference list should be merged with the picture reference. Your advantages and disadvantages can be more presentable in bullets, numbers, table and so on. keep it up

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