Become Digital Marketing Expert by ICA Eduskills - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

img9.png

Cost Effectiveness

One of the beauties of Ecommerce is its cost effectiveness and clarity over the overall transaction processes. Moreover, the whole process of financial transaction in Ecommerce being electronic, the conversion is lower and cost effective as well. Thus, payments for all the Ecommerce transactions become even cheaper.

The Overall Margin is Higher

With Ecommerce your business will become safer due to the overall higher margin possible because of Ecommerce. This further ensures additional control over your business at the same time you can enjoy more flexibility. Ecommerce also allows you to save vital time for other business activities.

Increased Productivity

Ecommerce offers increased productivity both from the viewpoint of customers as well as the companies. Nowadays the trend of seeking answers online is increasing at a rapid pace. People are getting fond of this process as this is a cheaper and faster method and can be done at their own convenience. At the same time the process is cheaper for the companies as it requires less expenses compared to other methods.