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Impacts Of E-Commerce In Business

E-Commerce covers a major part of the economy and plays a vital role for businesses to sell their products online. To make students aware about the significance of E-Commerce various schools in Mussoorie in commerce and business application in their syllabus to enhance students knowledge. Proficiency in E-Commerce helps to build a better career and increases sense about new marketing trends.

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Impacts Of E-Commerce In Business

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  1. Impacts of E Impacts of E- -commerce in Business commerce in Business

  2. What is E What is E- -commerce? commerce? This term is made up of two words: electronic and commerce. Electronic means digitally on the internet, and marketing means business or trade. The whole line refers to growing your business digitally with the help of the internet. There are many good and bad impacts of E-commerce in business. India has 475 million people who are using the internet, which shows us how big the network is.

  3. Positive impacts of E Positive impacts of E- - commerce in business. commerce in business.

  4. Doubles Doubles the the sale sale. . Growing business digitally is the best thing ever as the customer reach will increase, which will impact the sales revenue too. Moreover, the digital business can make you rich very soon as manual competition gets eliminated, and people start observing your products. Many standard websites like amazon, Flipkart, Ali baba etc. are the best example of e-commerce Moreover, they earn a high level of revenue by showing products in such a creative manner that hits the mind of a customer. websites.

  5. Negative impacts Negative impacts: : Cyber Cyber crime. crime. It is a pervasive problem over the internet as e- commerce in business involves the payment options, so some new users visit scam e- commerce websites which confidential bank details and offer you some gift vouchers which are not valid enough. But, the result is worse every time it leads to loss of money. Moreover, many times hackers hack the whole device from which you are using the internet and sell all of your personal information in different countries which leads to leakage of your privacy. ask them for

  6. Legal issues. Legal issues. Usually, many of us don’t even read what the Terms and conditions a website or online business is asking for? We simply click the “accept” option and proceed further taking it as a formality. But, trust me, it is not a joke. You must read all the conditions properly majorly when you are investing your money on a new website or a newly startup e- commerce website.

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