Thursday 9 February 2017

Major Effects Of E-Commerce On Buyers And Sellers

E-commerce 


Unlike the traditional patterns of shopping, e-commerce is that business activity that is carried out over the internet rather than physically at the location. Online shopping has undoubtedly bought a revolution in the manner people used to shop. With a lot of e-commerce sites like Whaaky, Stalk Buy Love, Limeroad etc., e-commerce has been facing both positive and negative effects. Some of the major effects are explained below:
  1. Privacy

There are certain products which we wish to purchase in privacy. These include undergarments; lingerie etc. if we compare it to traditional way, then online shopping has solved the problem of ladies being hesitant to ask for it from a male shopkeeper. But, retailers with an e-commerce presence can get a lot of information about visitors to their websites.
  1. Security

With the introduction of certain applications like Paytm, PayPal etc, the online payment transactions have become more trusted and secured. But, some unauthorized people could access this information through flaws in the merchant’s computer system.
  1. Energy Consumption

This is one of the advantages in e-commerce that it saves the time, money and energy of shoppers. Consumers who shop online rather than drive to stores use less fuel and their cars emit less pollution. You can save the cost of petrol too if you go for online shopping.
  1. Cost Reduction

The cost of e-commerce reduces the costs of consumers as the companies cut down middlemen involved in the distribution method. In order to be competitive enough, the businesses are likely to pass down at least some of the savings to consumers.
Whaaky is an online marketplace where deals are available from most popular offline sellers/retailers across the country. Whaaky functions as a deal site where the deals go live on daily basis. It is headquartered at Hyderabad, Telangana and has served over one million orders & growing strong. They always sell products, which can be scaled to bigger volumes to offer a greater discount to the end customer. With multiple and secure payment options, a worry free return policy & friendly customer service, Whaaky is committed to provide you an unparalleled shopping experience.