“Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services” From: Wikipedia
There are many good reasons of why having an ecommerce website for your business, but I would like to draw a few benefits out of them:
IF you are into a product or services selling market, than I
would highly recommend you to have an ecommerce
website for you:
Reasons of having an Ecommerce
website:
1.
Competitive Advantage: Having an ecommerce website give you a
competitive advantage over your competitors, as you can target a big segment
online in comparison of your competitors.
2.
Cost effective: If you are opting
for an ecommerce website then you
can save money by not opening a store for you, as you don’t need to have a
physical store if you are opting for a website.
3.
24 X 7 Open: With an ecommerce website you are available for
your customers 24 hrs, which improves the chance of earning more and more. They
can come any time and shop form your site, no time limits for your shop.
4.
Expand targeted segment: By having an ecommerce website you can increase your
targeted area geographically, as people can access your web site anywhere in
the world, the only thing they need is an internet connection.
5. Better Customer Service: Ecommerce website gives you a better and quicker opportunity of serving your customer or prospective customers as you serve your customers directly. This saves time and money.
6. Higher Margins: If your are into manufacturing and selling of goods than your profit margin will increase significantly as you are directly selling to the buyers, so there will be no additional charges to pay to dealers whole sellers or other people who come in the traditional sale channel. This will decrease the cost of your product but will raise profit margins.
These
are a few but there are many other benefits of having a ecommerce website, will discuss more about the benefits of having
online shopping portal, how to chose the best ecommerce website design and how to chose the best ecommerce website development company.
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