Importance of Internet in E-Commerce | Role of Internet in E-Commerce

Importance of Internet in E-Commerce | Role of Internet in E-Commerce The Article: Importance of Internet in E-Commerce/Role of the Internet in E-



Importance of Internet in E-Commerce

  • Reach
  • Cost
  • Growth
  • Universality
  • Reliable
  • Performance

Importance of Internet in E-Commerce

E-COMMERCE

Electronic Commerce is the process of doing business electronically
E-commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.


Importance of Internet in E-Commerce


Electronic commerce is a way of doing business over large electronic networks such as the Internet. Also called e-commerce, electronic commerce greatly facilitates transactions between companies and consumers (B2C), between one company and another (B2B), and between individual consumers (C2C).


Reach
The Internet is available everywhere, this has made the E-Commerce application reach also everywhere.

Cost
Cost of Data Communication and Setting E-Commerce is low due to the low cost of internet services


Growth
The Internet is a very popular network for data communication and every day thousands of people get connected which ultimately provide fast growth of E-Commerce activity.

Universality
  1. The Internet is a global network and available for any part of the world.
  2. It has provided universal access to an organization for setting E-COMMERCE Activities and communicating with other business.


Reliable
The internet is a very reliable network in term of its working in spite of different types of devices and applications working on the internet at the same time the Internet have Nil down Time or Nil non-availability problems.

Performance
  1. The Internet can handle any type of data video, audio, and text data.
  2. It provides high performance in terms of handling different types of data and services. Thus It also improves the performance of E-Commerce.

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NEtechy: Importance of Internet in E-Commerce | Role of Internet in E-Commerce
Importance of Internet in E-Commerce | Role of Internet in E-Commerce
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