Topic > Advantages and Disadvantages of E-Commerce

History In the 1970s, the term e-commerce referred to the electronic exchange of data for electronically sending business documents such as purchase orders and line items. Subsequently, with the development of this sector, the term electronic commerce is used to indicate the exchange of goods and services via the web. When the first comprehensive World Wide Web was introduced in 1994, many well-known researchers predicted that this type of business, “Web-based business,” would soon become important in the world economy, but it took four years for the protocols HTTP-based ones should be widely available to users. The first e-commerce was created in the United States and some European countries in 1998. These types of businesses consist of beginner and non-professional websites and have expanded rapidly. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original EssayE-commerce spread rapidly to most cities in America, Europe, and East Asia in 2005. Some say that e-commerce dates back to before the Internet, but due to the costs of this style of business, only commercial and financial institutions and companies could use it. But with the widespread use of the Internet by all people and the changing structure of electronic commerce, this type of business has evolved from a specific business case for a particular group and become an industrial form. Framework The e-commerce framework consists of three levels necessary for the success of e-commerce.1. Infrastructure The first part of the regulatory framework for e-commerce includes hardware, software, databases and communications. It is used in terms of the World Wide Web on the Internet or other methods of message switching on the Internet or other telecommunications networks.2. Services The second part of the framework includes a wide range of services that provide the ability to find and present information and include searching for business partners, negotiation and agreements3. Products and Facilities This section of the e-commerce frameworks consists of forecasting and direct provision of goods, services and commerce-related information to customers and business partners, cooperation and information sharing within and outside the organization, and organization of the electronic market and supply chain environment and support. Advantages and Disadvantages The invention of new telecommunication networks and modern online devices has given rise to a new business. In fact, e-commerce has become one of the most popular activities on the web. E-commerce has created numerous benefits for businesses and users, however some disadvantages and serious problems arise from this issue. We can also sell at any time, night or day, 365 days a year. Even while we rest, our users can visit our website, search for our products and services and determine their orders. Decrease transaction costs If we buy from the online store, we spend low operating costs, have better service quality and can reduce many unnecessary costs. For example, if our goods or services are downloadable, we will have shipping costs completely write off. Conduct a Business Easily In e-commerce, we don't need physical business facilities or crowds to deal with. We can purchase comfortably from our home; users can easily choose goods from various procedures without physically moving. Price Comparison Everyone can easily compare the rates between various websites. Usually we can