E-commerce enables an organization to reduce search costs.The search costs include costs involved in the search of customers, suppliers, manufacturers and information search costs.The use E-commerce enables this by providing the organization with a vast array of information sources like websites and business directories.
E-commerce improves the operational efficiency of an organization.E-commerce does this by reducing the paperwork, costs and time involved in communication with customers, suppliers, and distributors.It also increases operational efficiency within the organization by providing fast and reliable communication channels for employees.
E-commerce enables organizations to have access to regional and global markets that would have been otherwise inaccessible or expensive for the organization.
E-commerce enables an organization to reduce the prices of products and services they offer due to the economies of scale achievable via the use of e-commerce technology.
E-commerce enables organizations to perform customer service and product delivery in a faster, efficient and more affordable way.
jeffzod answered the question on December 20, 2017 at 13:23
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