Advantages and disadvantages of e-commerce

Hasibul khan

Advantages and disadvantages of e-commerce


What Are the Advantages of E-commerce?

You came to learn what are the advantages of having an e-commerce business. Top of the list of advantages of e-commerce is the low financial cost, but other pros include selling internationally, retargeting customers, personalization of the buying experience, etc. These benefits of e-commerce will help you determine if starting an online store is right for you.(Ferreira and Oberlo(2022)

 #1: Low financial cost

#2: 24/7 Income Potential

#3: Sell internationally

#4: Bestsellers that are easy to showcase

#5: Personalized online experiences

#6: Convenient employees

#7: Easier to encourage impulse buying

#8: Easy retargeting or remarketing for customers

#9: Customers get a less intrusive experience

#10: Easily access customer data

#11: Able to process a large number of orders

#12: Can scale the business quickly

#13: Grow your business organically with content

(Ferreira and Oberlo(2022)


Mehdi Hosseinzadeh, and N.J.N. (Jun 2020)



What Are the Disadvantages of E-commerce?


As with every pro, there is a con. So, when starting an online store, it is important to be realistic. Below are a few e-commerce disadvantages that merchants typically experience, which do not apply to a physical store. (Ferreira and Oberlo(2022)

#1: No one can buy during a site crash
#2: Customers can't try before they buy 
#3: E-commerce is highly competitive
#4: Customers can be impatient
#5: Shipping times can be long
#6: Physical retail is still more popular despite the decline
(Ferreira, N.M. (2022)  Oberlo. Oberlo. (2022)

20 E-COMMERCE ADVANTAGES AND DISADVANTAGES YOU NEED TO KNOW




(Oberlo, 2018)

Reference

Ferreira, N.M. (2022)  Oberlo. Oberlo. 
(2022) Oberlo. Oberlo. Available at: https://www.oberlo.co.uk/blog/20-ecommerce-advantages-and-disadvantages (Accessed: January 14, 2023). 
Ferreira, N.M. (2022)  Oberlo. Oberlo. 
(2022) Oberlo. Oberlo. Available at: https://www.oberlo.co.uk/blog/20-ecommerce-advantages-and-disadvantages (Accessed: January 14, 2023). 
Ferreira, N.M. (2022)  Oberlo. Oberlo. (2022) Oberlo. Oberlo. Available at: https://www.oberlo.co.uk/blog/20-ecommerce-advantages-and-disadvantages (Accessed: January 14, 2023). 
 Mehdi Hosseinzadeh, N.J.N. (Jun 2020) The benefits of online business based on e-commerce platform., A Systematic Study on the Recommender Systems in the E-Commerce. Available at: https://www.researchgate.net/figure/The-benefits-of-online-business-based-on-e-commerce-platform_fig1_342222975 (Accessed: January 21, 2023).
Oberlo (2018) Ecommerce pros and cons (tips!), YouTube. YouTube. Available at: https://www.youtube.com/watch?v=tbMNyMFfVp8 (Accessed: January 23, 2023).

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