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What do you understand by e-commerce? …

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What do you understand by e-commerce? Mention it's two benefits
  • 1 answers

Subhash Singh 4 years, 8 months ago

Electronic commerce will substantially lower the transaction cost. It eliminates many fixed costs of maintaining brick and mortar shops. This allows the companies to enjoy a much higher margin of profit. It provides quick delivery of goods with very little effort on part of the customer.
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