The Pros And Cons Of E-Commerce

E-commerce means an electronic business or any business exchange whether selling or buying goods and services on the internet. It allows consumers or customers to exchange or buy electronically from any place in the world without visiting the actual store; it is much easier than going out for shopping which cost the consumer time, effort and transportation. E-commerce has both impacts positive and negative as well, some risks on the business organizations, and that’s depends on the company strategy. The company should have a very precise and accurate plan before taking risks by entering business scale. There are also some regulations governing the e-commerce and its social implications on society. This essay will illustrate all the above points in details.

What kind of strategy do we need to enter the e-commerce without making mistakes? First set up a mission, which mean know what is your business going to be and what do you want to be like in the future. Second, make a plan, for instance, how much the business will cost you, from where you will get the budget, who is your suppliers, how you will serve your customers and finally what is your B plan and that means what is your plan if you didn’t achieve your goal and lost. Then technology, the company should choose which program will be used, for example, shopping cart software; an operating system helps or allows customers

There are many regulations that any company should follow. Most of them are about the feature and quality of the products, moreover, copyright regulation and consumers’ rights.

The last point, the social implications of e-commerce on society. From my perspective, I think it changed the society life, it made it easier to get whatever people needs right to their door without wasting time and it gave the consumers more time to perform their daily life and activities. But on the other hand it affected it by less communication and less