E-commerce is an electronic activity for selling and buying services online. The Internet has become an integral part of our life that helps us in bank transactions, merchandising, and buying services and saves us time. With the help of the Internet, we can save time and spend it with our loved ones. Especially when you are in a relationship with someone, it would be more beneficial for you and your partner to spend some time together. You two can do naughty couple challenges together-commerce. It has so many advantages as it gives us comfort, and convenience, saves time, and we can buy things instantly. We do not need to go to the market to purchase essential items because we can buy goods online. E-commerce has changed the lives of people. E-commerce has switched the concept of business as now the electronic business activity changes the business model. E-commerce is growing worldwide rapidly as it accounts for 119.9 Billion visits in 2022.
E-commerce has many advantages and disadvantages due to its particular limitations. These are as follows:
Advantages of E-commerce on Society
There are many advantages of E-commerce which are as follows:
E-commerce is the most convenient way to shop online rather than going to the market and visiting different stores to search for the products you want. Instead, you can buy things by sitting at home and ordering your desired product.
E-commerce has the advantage of worldwide marketing because you can grow your business worldwide. On the other hand, E-commerce has much more competition because many people use the Internet with the same motive. So, E-commerce is a platform providing the opportunity to grow your business without any terrestrial limitations. Amazon is the dominant worldwide E-commerce website, with more than 30% desktop visitors in May 2022.
When you go shopping in the markets, they have middlemen who charge more, which results in expensive goods. E-commerce provides the advantage of reducing costs because firms do not offer traders online shopping. E-commerce is growing all over the globe, creates tough competition between various companies, and gives an advantage to customers.
E-commerce has different options because, in online shopping, you have various purchasing choices. In addition, numerous companies are offering you additional choices of color and design that help you to choose items according to your needs.
E-commerce saves you time because it is a short process of selecting and buying the desired product. However, when you go shopping at offline stores, it takes a lot of traveling time to choose the products you want.
Online websites are available for 24 hours and provide you the opportunity to buy things at any time. In addition, E-commerce has the great advantage of being present full time for people who don’t have enough time to go shopping at offline stores. Instead, they can order their desired product online at any time.
In online shopping, you can get immediate responses from the company. You don’t need to wait for a response if you ask for something. It saves you time, and you can get your goods conveniently without wasting your valuable time.
Comfortable for Disabled and Old Age
E-commerce provides comfort to disable and old age groups. It is more difficult for the disabled to travel for hours, to go shopping and buy things. So, it is comfortable for them to stay at home and order their desired products.
Different Payment Methods
E-commerce has various payment methods that make it easier to use. It has different payment methods, including Cash on delivery, payment through bank transactions, and the facility of debit and credit cards. One of the most famous payment methods is Digital, and mobile wallets account for 45% of E-commerce transactions.
Product reviews are one of the best advantages of E-commerce. If you want to buy a product online, you can read the product reviews to get more information about the product. Product reviews are the reviews of people about a specific product, and it helps you to buy a product without any confusion.
It is one of the advantages of E-commerce. Online shopping can save energy because you do not need to use vehicles for shopping. It is beneficial as fuel does not burn and does not emit pollution.
Disadvantages of the E-commerce
Besides the advantages of E-commerce, it also has certain disadvantages that are as follows:
If you want to purchase something online, you must have the Internet. Some E-commerce websites require a strong internet connection, which makes their use difficult for people with slow internet access.
Lack of Tactile Experience
E-commerce has the disadvantage of lacking tactile experience. Mostly the customers want a tactile experience to buy things. A touch experience is necessary for customers as it builds a trusting relationship between a seller and a consumer.
Privacy theft is one of the common disadvantages of E-commerce. Customers add their personal information to buy products online, and hackers can steal their data. In addition, it can create trust issues between the customers and the companies.
Complaints of the Products
The quality of the product can be different compared to the image. There are certain cases when the product does not match with customer’s expectations. E-commerce does not provide a guarantee of the product. For example, if you buy a red dress, and when it is delivered, the red color is quite different from the image.
Societal barriers are one of the disadvantages of E-commerce.
Every society has its customs and history that can influence customers’ attitudes. For example, language creates a barrier to online shopping.
Product delivery is a process that completes within a specific period. In a few cases, the product delivery could be late due to some issues. For example, it can cause problems if you order an item for a particular event and it does not deliver on time.
E-commerce has different merits and demerits, but it is a more powerful way to purchase products online. People prefer E-commerce because it is much easier to buy a product online than to go shopping at offline stores. In addition, it is a developing and safe activity.