Reduce costs and prices

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EDI between business companies (shipping and receiving orders, delivery and payment information, etc.), even consumer-oriented e-commerce There's a long history, too: Every time you use an ATM or present a credit card, you're conducting an electronic transaction. However, EDI and ATM operate in closed systems; they are a more convenient method of communication limited to the parties involved.

By combining the openness of the Internet with a simple Chinese Singapore Phone Number List user interface, the web ushered in a new era. WWW was created in 1991 at the CERN particle physics laboratory in Geneva (alongside Netscape's predecessor Mosaic). It took two years for Mosaic to penetrate the Internet, and another two years for businesses and the public to realize its potential. Advantages and Disadvantages of E-Commerce Advantages to Customers .






It allows access to more information. The interactive nature of the Web and its hypertext environment allows for non-linear deep searches initiated and controlled by the customer, so marketing campaigns conducted over the Web are more customer-driven than those offered by traditional media. • Facilitate market research and comparisons. The network's ability to accumulate, analyze, and monitor vast amounts of specialized data enables comparison shopping and speeds up the process of finding products. •  As suppliers increase their ability to compete in open electronic markets.