This website uses cookies to ensure you have the best experience. Learn more

The Pros And Cons Of E Commerce Today

2190 words - 9 pages

THE PROS AND CONS OF E-COMMERCE TODAY

Introduction
Electronic Commerce or e-commerce refers to a wide range of online business activities for products and services(Rosen, 2000). E-commerce (or electronic commerce) is defined as the buying and selling of goods and services conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems and automated data collection systems. (Anon, n.d.). It also refers to any type of business transaction where the parties interact electronically rather than by physical exchanges or physical contact. (Anon, n.d.)

Examples of e-commerce systems include Amazon, Alibaba, eBay, Zappos, Business.com, DHgate.com and so on.

Pros of E-Commerce
1. Convenience for the customer:
a. One of the main advantages of e-commerce is the fact that one doesn't have to stand in queues waiting to be served, or be placed on hold for instance in a telephone ordering system. E-commerce leaves it to the buyer as to when and where to purchase what they want. They can do it at the office, in the comfort of their homes, and with the advent of mobile technology, one can shop practically anywhere they are able to connect to their vendor of choice. This gives the customer the feeling of being in control of their time. Thus for customers, this is one of the most popular convenience of e-commerce.
b. Secondly, in relation to the first advantage, stores are open at all times. This adds to the convenience of shopping at any time, and even across borders and time-zones. By removing the limitation of having to go to a shop within certain hours when it is open, it allows for people to shop even after hours without having to think about rushing to a shop or store before it closes. This opens possibilities for people located in remote areas or even areas with no store that stocks the particular product they require to shop without having to travel the distance to the store, saving them time and money.
c. Another advantage is the instantaneous purchase of digital products such as music, movies and software. Through e-commerce, one no longer has to wait for the physical delivery of a CD or DVD to start enjoying their purchases. Various services have made it possible for the customer to download their product immediately after purchase to begin using it.
d. Customers can locate the product they wish to purchase much quicker using search boxes or search engines. This means that customers do not have to walk through a store or many stores to find the exact product they want. In some cases, e-commerce business also allow their customers to customize the products they want with additional features and specifications to suit their preferences. This overall adds to the convenience for the customer.
e. E-commerce...

Find Another Essay On The Pros and Cons of E-commerce Today

The Pros and Cons of the Internet

1219 words - 5 pages The computer has had a tremendous impact on society as we know it. It gives a voice to those who cannot speak and those who cannot breathe on their own receive mechanically computerized help. The computer has given us many wonderful things used for wonderful purposes, but there are vast ways in which these things have been misused by our people. One of these things is the internet and a common way it is misused is by way of plagiarism

The Pros and Cons of Social Media

1719 words - 7 pages Interact with the World." The E-Guillotine. Web. 18 Feb. 2014. Harvey, Gary. "Social Networking, The Pros and Cons of Social Networks." Ezine Articles. 14 Aug. 2007. Web. 17 Feb. 2014. . Henslin, James M. "Social Structure and Social Interaction." Essentials of Sociology: A down to Earth Approach. 10th Ed. 10th ed. Pearson, 2013. 112. Print

Pros and cons of the promotional mix

972 words - 4 pages which is advertising, personnel selling, sales promotion and public relations tools. No matter how good a strategy or a plan is perform; advantage and disadvantage are surely to exist. The main purpose of conducting this literature review is to precisely identify the advantages and disadvantages of the four elements. One of the most popular promotional elements that company usually us is the advertising, but before we look into the pros and cons

The Pros and Cons of Gay Marriage

1346 words - 5 pages part in the gay marriage legalization process. Same-sex marriage is a major controversial issue in the United States; specific examples would be the views of Americans, pros and cons of same-sex marriage, and the reality of it in the United States. The views of Americans are extremely different from one another. The people of America have many different opinions about gay marriage. In 1996, 27 percent of United States citizens approved of

The Pros and Cons of Gun Control

1654 words - 7 pages This essay will discuss the pros and cons of gun control. Some U.S. States have already adopted some of these gun control laws. I will be talking about the 2nd amendment, public safety, home safety, and do gun control laws really control guns. I hope after you have read this you will be more educated, and can pick your side of the gun control debate. So keep reading and find out more about the gun control laws that the federal and some state

The Pros and Cons of Social Media

1082 words - 5 pages , and take advantage of others (The Pros and Cons). Additionally, there are a large number of children being harassed and stalked by online predators. “They target both boys and girls of all ages and use the anonymity of the internet to their advantage, since they can be whoever they want. Many are master manipulators with skills that can cripple any child’s sense of awareness (The facts About Online Predators).” Lastly, less face-to-face

The Pros and Cons of Capital Punishment

906 words - 4 pages The Pros and Cons of Capital Punishment Since the mid 1900’s, capital punishment has brought many individuals into many diverse view points throughout the years. Capital punishment is a way of punishing a convict by killing him or her because of the crime he or she committed. Capital punishment will always have its pros and cons. There are opponents who absolutely disagree with capital punishment. And then there are advocates who

The Pros and Cons of Hydropower

2220 words - 9 pages . & Weir, D. A. (1986). Renewable energy resources. London, Great Britain: E. & F.N.Spoon Ltd. Water projects. (n.d). Pros and cons. Retrieved from http://drake.marin.k12.ca.us/stuwork/rockwater/Upload%20this%20doc--dams%20and%20hydropower%20report/pros%20and%20cons.html Ricky (2008, Sept 13). Components of Nuclear Power Plant – Control Rods. Retrieved from http://www.brighthub.com/engineering/mechanical/articles/2724.aspx Delgano, A. (2009, Feb

The Pros and Cons of Orthodontics

1855 words - 8 pages , and the dentist doing the treatment. There are pros and cons with each one of these considerations. The American Association of Orthodontists recommends having children looked at by age seven to assess what the best age for treatment is (The Associated Press). The AAO also says most treatment begins between ages nine and fourteen, but there are no statistics on preadolescents versus teenagers (The Associated Press). There is one main reason to

The Pros and Cons of Imperialism

531 words - 2 pages hand, the new imperialism was the period between the years “1870-1914”, where Europe became more focused on expanding their land into Asia and Africa. Imperialism had many pros and cons. In addition, it also had many causes led by the feeling of nationalism. Several significant causes led to the rise of imperialism in Europe. Economy played a role in the rise. For instance, many nations demanded more natural resource that they did not have on

Pros and Cons of the Washing Machine

1123 words - 4 pages more pros than cons or vice versa, but conducting research is always helpful when deciding. Washing machines have truly changed how many live their lives today. “Every year, everyday, the heavy work of the house wife becomes a little easier” ( Pantzar 11). Washing machines are one of the most popular household devices in many cases. Relieving labor, allowing more time, and customizing the washing machine are all amenities of the washing machine

Similar Essays

Pros And Cons Of E Commerce Essay

538 words - 2 pages Pros and Cons of E-Commerce      Electronic commerce or e-commerce involves the buying and selling of products or services over the internet. Put simply, e-commerce means conducting business online. E-commerce software programs run the main functions of an e-commerce web site, including product display, online ordering, and inventory management. This software resides on a commerce server and works in conjunction with

Pros And Cons Of Cloning Today

897 words - 4 pages Cloning Today A clone is a group of organisms that are genetically identical. Most clones result from asexual reproduction, a process in which a new organism develops from only one parent. The one process of cloning, called nuclear transfer, replaces the nucleus of an immature egg with a nucleus from another cell. Most of the work with clones is done from cultures. An embryo has about thirty or forty usable cells but

E Business Pros And Cons Essay

2213 words - 9 pages OutlineThe E-business is a new trend in business, and it is still in infant stage, people have misunderstand it in some cases, and this new growing business has its good sides as it has its negative sides too. In this small paper we will have an overlook over the pros and cons of e-Business.I.What is e-BusinessA.Definition.B. False conceptII. ProsA. For BusinessB. For customersIII. ConsA. TechnicalB. Non-technicalIV. ConclusionDate: 25-April

Pros Vs. Cons: E Books Vs. Print Books

1885 words - 8 pages conclusion, I have the opinion that print books are still the better option for today, due to the reasons that the technology within the E-books is still too far into development. With this in mind, I also have to say that there is the possibility that E-books will get their own time to shine some time in the future. Print books are the best option for me because I like the feel, the smell, and the nostalgia of having a physical book in my hands. Feeling the rough paper, the smell of the paper, all of these are pros for me, though one of the few cons for print books is that they can be damaged easily, so you must be careful with them. Various book sources