Advantages of e-commerce

Advantages of e-commerce: 1. Improve work efficiency and reduce transaction costs. For example, sending notices, sending documents, conducting public opinion surveys and querying information can all be done online, saving time, manpower and financial resources.

2. Reduce inventory. Due to the timely communication between suppliers and partners on the Internet, the commodity inventory of merchants and the raw material inventory of manufacturers can be greatly reduced or even zero, thus reducing costs.

3. Increase business opportunities. For enterprises, e-commerce can provide customers with 24-hour service without commuting and time difference, thus extending business hours. E-commerce is far and near in different regions and has no national boundaries. Online business can be extended to markets that traditional sales and advertising promotion methods can't reach.