What are the advantages and disadvantages of online commerce
Online commerce gives consumers access to the same prices nationwide, more time, and transparency, which leads to lower prices offline.
The development of e-commerce has led to increased competition in retail, people tend to compare prices, online businesses competing not only with each other but also with traditional stores, which have had to revise their business models to remain competitive in the market. in which the barriers to online entry are today lower than those related to offline.
Advantages of online commerce based on reviews:
- increased competition
- a wider range of products available nationally
- the same prices at