Advantages of Ecommerce. Any other ideas?

Discussion in 'eCommerce' started by anakim, Dec 12, 2011.

0
  1. #1
    *Advantages of Ecommerce
    1. Overcome Geographical Limitations
    2. Gain New Customers With Search Engine Visibility
    3. Lower Costs
    4. Locate the Product Quicker
    5. Eliminate Travel Time and Cost
    6. Provide Comparison Shopping
    7. Enable Deals, Bargains, Coupons, and Group Buying
    8. Provide Abundant Information
    9. Create Targeted Communication
    10. Remain Open All the Time
    what else?
     
    Last edited: Dec 12, 2011
    anakim, Dec 12, 2011 IP
  2. Endless Rain

    Endless Rain Member

    Messages:
    244
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    33
    #2
    These are some advantages of eCommerce also:
    1. The promotional market is wide and you can reach out customers in any different countries in the world.
    2. A lot of potential buyers since many people choose to shop online as it provides them unlimited variety of choices.
    3. Cost savings and efficiencies.
    4. It is easier to maintain.
     
    Endless Rain, Dec 12, 2011 IP
  3. 347design

    347design Peon

    Messages:
    18
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Great ideas on ecommerce. It is also one of the easiest way to reach every people faster all over the world.
     
    347design, Dec 12, 2011 IP
  4. kirajx

    kirajx Greenhorn

    Messages:
    38
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    16
    #4
    Great ideas
     
    kirajx, Dec 13, 2011 IP
  5. pijer

    pijer Peon

    Messages:
    6
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Great ideas all, thank you now i have more reasons to answer questions about why ecommerce than offline store.
     
    pijer, Dec 13, 2011 IP
  6. sarahk

    sarahk iTamer Staff

    Messages:
    28,812
    Likes Received:
    4,535
    Best Answers:
    123
    Trophy Points:
    665
    #6
    The advantages need to be broken down to the "stakeholders"

    Advantages for the customer
    Advantages for the online retailer
    Advantages for the supplier

    and disadvantages for each as well.

    During the RWC we saw Adidas getting hot and heavy with online retailers and if they weren't based in NZ they weren't allowed to ship to NZ because they were trying to control the Recommended Retail Price. One site (kitbag.com) gave them a two finger salute and continued shipping. In this case the customer won, the online retailer certainly won (they became a household name in NZ overnight) but the supplier lost (credibility and revenue).

    When you talk about advantages of ecommerce its important to recognise that an advantage for one stakeholder may be a disadvantage for 1 or more of the others.
     
    sarahk, Dec 21, 2011 IP
  7. Game Hub Direct

    Game Hub Direct Peon

    Messages:
    5
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #7
    1. You can give customers vouchers
    2. Easily add and remove products
    3. Flexible
    4. Can make changes 24/7
    5. Not restricted to anything

    Hope this helps,
    Game Hub Direct
     
    Game Hub Direct, Dec 22, 2011 IP
  8. jonsborn

    jonsborn Guest

    Messages:
    33
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    The Advantages of Ecommerce:

    - Increase profits by reducing costs
    - Let the customer help himself.
    - Instant gratification.
    - 24/7 Access to online products and services.
    - Lower operational costs.
     
    jonsborn, Dec 22, 2011 IP
  9. Bananaprod

    Bananaprod Peon

    Messages:
    13
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Great ideas. I agree with sarahk, its good to sort advantages per stakeholder to clearly distinguish how one advantage may be a disadvantage to another stakeholder and vice versa.
     
    Bananaprod, Dec 23, 2011 IP
  10. rajniseo

    rajniseo Member

    Messages:
    46
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    43
    #10
    Really these are the major advantages of E commerce.
    Thanks
     
    rajniseo, Dec 23, 2011 IP
  11. Ean

    Ean Peon

    Messages:
    14
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #11
    Thumbs up!
     
    Ean, Dec 23, 2011 IP
  12. mike_12

    mike_12 Greenhorn

    Messages:
    28
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    11
    #12
    wide and deep penetration
     
    mike_12, Dec 29, 2011 IP
  13. whoisjohngalt

    whoisjohngalt Peon

    Messages:
    60
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #13
    The benefit of eCommerce for the person who OWNS the site is that at worst he's going to be out around $100 if it's a bust. Compare that to what the brick and mortar shop owner is going to be looking at if his downtown experiment fails.

    And... for the web guy, everything over $100 is profit, whereas the daily overhead expenses for a brick and mortar small business is often a killer!

    Norm
     
    whoisjohngalt, Dec 29, 2011 IP