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1. Time saving - a short time is used by the buyer to buy goods and services from the producer.
2. Enhance advertisements - every business is able to advertise its goods and services using Internet where most customers can view.
3. Help to protect theft losses - since payments are done electronically, the producer cannot be cheated by the buyer with fake money.
4. Allows small business to mix with big business - since it is online and there is wide range of businesses small businesses can buy goods from big business through the internet and hence improving their relationships.
5. Consumers have a wide range of products - since the company can advertise their goods and services through internet, consumers have a freedom to buy goods from producers they would like.
Jonmhumble answered the question on October 24, 2017 at 17:59
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