Pros and Cons of E-Commerce
The Pros and Cons of E-Commerce are:
Advantages / Pros / Merits of E-Commerce
Disadvantages / Cons/ De-merits / Limitations of E-Commerce
- We can buy and sell goods and services anytime anywhere.
- With no geographical limitations, we can expand our business globally.
- Physical stores and shops are not required.
- Low operation cost.
- Customers will have a wide range of choices.
- Customers can provide real-time feedback and suggestion.
- Its works only on networks such as the internet.
- Chances of electronic frauds and scams.
- Technical failure may hamper the whole business operation.
- Technical skill and knowledge required to operate.
- Goods and services may not be real as shown in e-commerce.
- International laws may restrict performing business overseas.