2. Broader market: The world on the Internet will become very small. A merchant can face consumers all over the world, and a consumer can shop in any merchant in the world.
3. Faster circulation and lower price: E-commerce reduces the intermediate links of commodity circulation and saves a lot of expenses, thus greatly reducing the cost of commodity circulation and transaction.
Extended data
Types of e-commerce
American Broadcasting Company Inc (ABC)
ABC = agent, enterprise, consumer
ABC mode is a new type of e-commerce mode, which is considered as the fourth largest e-commerce mode after Alibaba B2B mode, JD.COM Mall B2C mode and Taobao C2C mode. It is an e-commerce platform integrating production, operation and consumption, which is jointly built by agents, merchants and consumers. The three can be transformed. We serve and support each other. You have me and I have you, which truly forms the unity of interests.
Enterprise to enterprise
B2B = Business to Business
Business-to-business e-commerce refers to the exchange of products, services and information between enterprises through the Internet. Generally speaking, the supply and demand sides of e-commerce transactions are merchants (or enterprises and companies), who use Internet technology or various business network platforms (such as Tuoshang.com) to complete the process of business transactions. These processes include: publishing supply and demand information, ordering and confirming orders, payment process, issuing, transmitting and receiving bills, determining distribution scheme and monitoring distribution process.
Reference source Baidu Encyclopedia-E-commerce (using electronic tools to engage in business activities)