For companies that produce goods or services, electronic commerce, through the creation of ecommerce sites, represents an opportunity to come up with a new sales channel. This has already occurred in the past thanks to the mix of opportunities offered by technology and organizational alternatives on the basis of the availability of the sales force and money.
E commerce is international:
Electronic commerce means that the business should begin to think in terms of international trade policies. The prices on web sites and promotional offers are visible online to customers in each nation.
Whether this sort of globalization becomes too frightening, it is likely to fall back on Web sites dedicated to particular markets, in local languages, but a proficient customer would find any differences in the offers on the various websites online.
E commerce Web sites are an opportunity for SMEs:
It must be underlined that this new adverting channel has lower costs than present ones, and particularly it is able to handle growing quantities of contacts with no need to improve advertisements spaces or staff.
The low cost investment required to develop this channel is a great chance for the small to medium sized companies to compete with bigger ones. To enter in the business marketplace you don’t need to have sellers, divisions or stores, except what is only necessary to keep physical contact with customers. We suggest you go to this page for more information on Business2Community.com. The development of electronic commerce will eliminate protective barriers represented before by geographical space.
Ecommerce accentuates the business wisdom:
In the event the products are either digital or easily transportable (ie, parcels, or packages), it will be almost immaterial to buy them from your country or a distant state dealer. In fact these products may be sent easily realtime via the network, in the event of digital merchandises, or within a number of hours via shipping companies in the case of physical products.
The dismantling of these barriers will emphasize the relevance of business intelligence and imagination in promoting their own products and services. Since we can easily buy English novels in discounted international sites, why should we waste time to form through a library locally, where they cost more and not be accessible until much later.
E-commerce Web sites cancel the distance between firms and markets:
Many firms, through the E-commerce web sites, may create an immediate channel with their end-customers. It bypasses the standard distribution chain and attempts to grab some of the product’s worth which was formerly left to intermediaries downstream.
Direct contact with end customers can significantly decrease the costs of product’s promotion. A number of the savings are kept by the business, with apparent gain advantages, and other savings may be transferred to the marketplace when it comes to selling price decrease.