We spend our daily time more on the internet for work, study, marketing, business, learning, and entertainment. Now all these commercial and social activities are connected to the internet. And without eCommerce the world around the internet is impossible and it will scare you to imagine. That’s why eCommerce is important in our daily life.
E-Commerce is the demand of time, customers, business, and nations, Now it will compulsion in a few years to use. But why this is happening and how eCommerce is getting importance around the world?
E-Commerce is the online buying and selling process that is extremely important in our daily life now. The foremost reason behind the growth of Internet users besides social media in e-commerce. E-Commerce is at the heart of the Internet and e-commerce is as important as a heart is for a body.
Wide variety of products:
In small cities or villages, people have to compromise due to the small shops and a limited variety of products and services available locally. Traditional brick and mortar shops and conventional commerce is not able to satisfy customers in terms of variety. Normally people have to visit 5 to 6 shoe stores in 1 market to buy 1 pair of shoes due to size, color, price or design problem, etc. And it’s tough for retailers to provide all the variations. That’s why eCommerce is important. It brings in more variety by expanding the boundaries of traditional commerce.
People can visit more than 5 websites to buy shoes in a few minutes, which is far more convenient than visiting 5 different shops. They can check colors, offers, sizes, models, and various details related to shoes. And it takes 20 to 30 minutes to decide. With the traditional retail method, you need to spend the whole day if you decide to shop for shoes or anything else at the Mall. That’s why I believe that eCommerce is important to provide a variety of products with speed and that too at home.
Lower Cost than traditional shopping and selling:-
Selling products and services online is less costly than traditional methods. There are various high overhead costs that are included in offline commerce. Recurring expenses such as store management cost, counter cost, inventory cost, security cost, transportation cost, Shop rent, and salary, etc. So the retailers cannot afford to sell the products at a low cost.
That’s why eCommerce is important because it reduces the fixed cost and variable cost and people get the products and services at low cost.
Less time consuming and faster consumer consumption:
If we talk about educational eCommerce then it’s really changed the way people consume products and services. For example, traditionally it takes a minimum of 6 months of course offline to learn graphics designing. And people have to visit the study center each day for 2-3 hours for a 6 month period. It’s not providing flexibility, freedom for the learners to choose their own hours, mood, and best focused time of the day. Nor are the teachers available all the time in the offline classroom. As a result, it takes lots of time to build and improve the skills for faster employment.
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