Benefits of e-commerce

[Kelly5]

How does e-commerce help in customer retention?

When you talking of e-commerce, you're talking online stores like the Alibaba of this world, Shopify, aliexlress, Amazon etc. He's online stores keep or have high customer retention because of their reputation

 

[Chris]

Various E-commerce benefits or advantages..
It helps in Faster buying process for customers.
Store and product listing creation.
Cost reduction.
Affordable advertising and marketing.
Flexibility for customers.
No reach limitations.
Product and price comparison.
Faster response to buyer/market demands.

 

[Aotosyno]

E-commerce is the buying of goods or services over the internet, e.g we have eBay,Amazon, Aliexpress and lots more.benefits of e-commerce are:its provides a quick delivery of goods with very little effort on the part of the customer,you don't have to meet physically before transacting,no limitations, also you can compare product and prices of different sellers and pick the cheapest

 

[Denuola]

1. Faster buying process​

Customers can spend less time shopping for what they want. They can easily browse through many items at a time and buy what they like. When online, customers can find items that are available in physical stores far away from them or not found in their locality.

2. Store and product listing creation​

A product listing is what the customer sees when they search for an item. This is one advantage in ecommerce meant for the seller. This online business plus point is that you can personalise your product listing after creating them. The best part? Creating a listing takes very little time, all you require is your product name or codes like EAN, UPC, ISBN or ASIN.

3. Cost reduction​

One of the biggest advantages of ecommerce to business that keep sellers interested in online selling is cost reduction. Many sellers have to pay lots to maintain their physical store. They may need to pay extra up front costs like rent, repairs, store design, inventory etc. In many cases, even after investing in services, stock, maintenance and workforce, sellers don’t receive desired profits and ROI.

4. Affordable advertising and marketing​

Sellers don’t have to spend a lot of money to promote their items. The world of ecommerce has several affordable, quick ways to market online. Ecommerce marketplaces are visual channels – and sellers can really show off their product. For example, Amazon sellers can use Advertising tools to add videos, infographics, good quality resolution images.

 

[iCesarkevin]

ecommerce websites are very convenient to purchase products and services online. The process is often very quick as the customers can place orders in a relatively short period of time, without having to leave their homes or offices. Moreover, customers can purchase from several businesses without having to physically move around.

 

[Alexandoy]

I don't get the idea of this thread because e-commerce is a business that is opposite the offline mall. How can retention of business be related to e-commerce? Maybe the question should be how would an e-commerce site retain its customers. The mall has customers that come back because the mall has many stores to offer that includes restaurants, snack bars and even cinema. An e-commerce site can only offer the products. That is the main difference.

 

[Emma Aneni]

To be honest, both businesses are not easy to operate. They have their own potential problems. If you enjoy being with people then a restaurant business would be good for you. If you are the introvert type and you enjoy nature then livestock business will be enjoyable.

 

[Olahab]

ecommerce websites are very convenient to purchase products and services online. The process is often very quick as the customers can place orders in a relatively short period of time, without having to leave their homes or offices. Moreover, customers can purchase from several businesses without having to physically move around

 

[abubakar3141]

Understanding the benefits of electronic commerce
Faster process of purchasing.
Creation of store and product listing.
Reducing costs.
Affordable marketing and advertising.
For clients, flexibility.
No limitations on reach.
Comparison of produce and price.
Faster reaction to demands from the buyer/market

 

[Tollytee]

• A wide range of products and services. E-commerce allows customers to choose a product or service of their choice from any supplier anywhere in the world. ...
• Simplicity and comfort. ...
• E-commerce saves money. ...
• E-commerce saves time. ...
• It provides complete information

 

[Herzhan]

How does e-commerce help in customer retention?

• Faster buying process.
• Store and product listing creation.
• Cost reduction.
• Affordable advertising and marketing.
• Flexibility for customers.
• No reach limitations.
• Product and price comparison.
• Faster response to buyer/market demands

 

[Yaqoob Habib]

Customers get to spend less time shopping for what they want, another benefit is that sellers can provide flexibility to customers. In ecommerce, sellers can compare the products using tools or on their own. This gives them a good idea of product alternatives available

AccessibiIity : the online world,the consumer has access to credits and purchasing a product at all times.Reduced costs:Haveing an a e-commerce business saves on personal,physical space and supplies.

 

[Diamond07]

In the online world, the consumer has access to credits and purchasing a product at all times.. in terms of globalization Electronic commerce allows us to offer products and services to people anywhere in the world.

 

[Psalmsavatar]

E-commerce has brought a new trend in the market world. It esnsures faster buying process, store and product listing creation, cost reduction, afffordable advertising and marketing, flexibility for customers, no reach limitations, product and price comparison, faster response to buyer/market demands.

 

[Shigobad2020]

The benefit of E commerce is that they help customer by delivering quality products, they Lower their price, they are convenient and safe, their are easier to scale up, and they arealso informed in decision making.

 

[Zubair]

How does e-commerce help in customer retention?

I think all you need is to have good quality Products which is the basic demand of a customer. Them it doesn't matter that you are attached to an e-commerce business or physical one. But if you would keep your quality maintained then e-commerce helps you to get more and more people to buy your products because all it need is to have good ratings and reviews.

 

[Sariana23]

The best way for e-commerce to retain customers will depend on the products you offer, whether they are in high demand or not. You can also get customers to return to your site is when you have branded products and good quality. in general we always seek to spend on the best.

 

[chicnthin]

E-commerce brings convenience to the customers. They can purchase online wherever, whenever they want to. One thing I like about it is the availalbilty of products. You could literally buy everything online, from the comfort of our homes.

 

[MercySmith]

The importance of E-commerce is massive and can never be overemphasized. Business are but l now being promoted by E-commerce. Products are ordered online and delivered. E-commerce has made life much easier

 

[Snazzy001]

The benefits of e-commerce are wide and you will know that its important to those who take business to heart, where you have to deal with distance as a barrier.e-commerce make commercial activities more faster .