Let’s just say that not all the ladies who clicked on this article know what E-commerce is. And that’s perfectly fine! You’re here to educate yourself, especially in the business sphere! In this article, you can find out what E-commerce is and how you can use it!
Basically, E-commerce is the business when you buy and sell certain stuff online. Just remember Amazon and eBay to understand what we mean.
We can’t but agree that the E-commerce market has grown significantly over the last several years. Recent research shows that over 227 million Americans shopped online in 2020 compared to 209 million in 2016.
E-commerce advantages:
- Opportunity to find new customers and literately attract thousands of them daily. On the Internet, you’ll never be limited by geography as in the case of the physical store.
- You’re always open. Always. No business hours, no queues. Any person can buy from your store at any time.
- The cost is lower for both sides. On the one hand, you don’t pay your staff because you don’t have any, on the other - there is literally nothing that will stop a buyer from purchasing in your online store. Shoppers just don’t have to pay travel costs in order to get to the shop!