Subject:- Functions of e-commerce । Leading 10 features of e-commerce by extreme Bharadwaj । Highlight e-commerce
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About video:- E-commerce (electronic commerce) is the activity of electronically purchasing or selling of items on online services or over the Internet.
E-commerce is the buying and selling of goods and services online. E-commerce can be a replacement for brick-and-mortar stores, though some businesses choose to preserve both. Practically anything can be purchased through e-commerce today.
features of e-commerce –
1. Ubiquity- A standard service market is a physical location, access to treatment using file blood circulation. For instance, clothes and shoes are generally directed to encourage consumers to go somewhere to purchase. E-commerce is common meaning that it can be everywhere. E-commerce is the worlds decrease cognitive energy needed to complete the job.
2. Global Reach- E-commerce allows service transactions on the cross nation bound can be easier and more effective as compared to traditional commerce. On the e-commerce organizations, the possible market scale is approximately comparable to the network the size of the world’s population.
3. Universal Standards- E-commerce technologies are an unusual function, is the technical requirement of the Web, so to perform is shared by all nations worldwide standard. Requirement can significantly impact the marketplace entry cost and considering the cost of the items on the market. The standard can make innovation business existing ended up being more quickly, which can reduce the expense, the strategy of indirect costs, besides, can set the electronic commerce website 100$ each month.
4. Details richness: Marketing and branding are an important part of commerce. E-commerce can deliver video, audio, animation, billboards, signs, and so on. However, it has to do with as rich as television innovation.
5. Interactivity- Twentieth Century is called interactive, so they enable two-way interaction between services and customers.
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https://drive.google.com/file/d/14GlUjB1_U7BXZq7xY31Eurgax98cQcZT/view?usp=drivesdk.
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