E Commerce is the activity of electronically buying or selling products on online services or over the internet. https://en.wikipedia.org/wiki/E-commerce
There are the following advantages of e-commerce store
If you are already in business or you are thinking of starting one, ecommerce is the best business nowadays. The best platforms to build an ecommerce website are Shopify and Firefly.pk. Through an ecommerce store, you can target anywhere in the country or you can target worldwide as well you are not bound geographically like a physical store and anyone from anywhere places an order to your website 24/7.
The traditional retail store requires a lot of investment. You need to invest in inventory, employees, security, and shop but you can start an ecommerce store with low investment. The best platform to build an E Commerce website like Shopify and firefly.pk where you can sign up free of cost and when you set up your store properly then you can pay for your e commerce store but it’s still a low investment than retail stores.
In a retail store, you have business hours and on those specific business hours you only do business but in ecommerce store, you can do business 24/7 from anywhere at any time place an order at your e commerce store and you can manage your orders at any time and you can operate your website at any time there is no time limit.
The advantages of selling through an ecommerce store are to sell, collect, measure, and act on customer data. Online selling helps you to collect customer data by tracking customer interactions so through customer data and feedback you can improve your business on regular basis.
In the busy world where everyone is so busy online shopping provides time-saving to the consumers. They can easily buy from anywhere and place orders at any time no need to go out shopping. Youll get everything at your doorsteps now.
Using the information that customers provide in the registration form e commerce merchants can get a lot of information about their customer and target accordingly like get which kind of products they like and next time when they come to show the related products that they might be interested in.
In physical stores, it’s very difficult to find buyers and sellers of niche products. Online its very easy to search niche products through search engines through ecommerce you can target easily to your buyers.
Through E commerce website you have more opportunities to sell online in physical stores you are limited to specific areas but through ecommerce stores, you have more opportunities to increase your sales there are many social media platforms you can use to target different markets like Facebook ads, Instagram and through Google ads, etc.
You have the opportunity to create a positive image of your brand through customer feedback and reviews you know what your customer actually wants and their buying behavior so you can fulfill their needs and demands accordingly and provide best customer service.