2. E-Commerce
•Internet shopping, online stock and bond transactions, the
downloading and selling of “soft merchandise” (software, documents,
graphics, music, etc.), and business-to-business transactions.
•The concept of e-commerce is all about using the Internet to do
business better and faster.
5. Pros For Consumers
• Price
• Quick, convenient and easy
• Consumer reviews (Less biased opinions)
• Find products online that you can't find at a local, real world store
• Doors are always open to customers, 24 hours a day, 7 days a week
• No sales pitches (store employees)
6. Cons For Consumer
• Unable to examine products personally
• New way for cyber-criminals to steal personal, financial info, and
even your identity
• Product Overload
• Don’t always know what your getting
• Shipping delay
• Loss of emotional fulfillment
7. Pros For Businesses
• Increased market share (Global)
• Provide for niche markets
• Operation costs
• Increased productivity
• Survey of customers
• Less likely to make returns
8. Cons For Businesses
• Elimination of face to face interaction
• Distribution (in-stock?)
• Competition (prices down=profit margin down)
• 24/7 (updating, responding, etc.)
15. • Online shop has no longer developed in Mongolia. The biggest
reason for this is delivery.
- It is only 20 percent guaranteed that the sender will afford to
deliver the products to the receiver properly.
- It is just because the city planning and the unacceptable addresses
of the city.
• The second big reason is the trustfulness of the people on online
shop. People would not want to be cheated from home. Where is the
proof?
