E-Commerce Boon or Bane

By
Krishna Gupta
-
97
6976
E-commerce
Share
Tweet
Pin

E-Commerce or if we say in the user friendly way “Online shopping” has become increasingly popular in the last two years. Thanks to the Cash On Delivery (COD) Feature which was popularized by Flipkart that today these online merchants are making crores and crores of money. Flipkart became a success in no time, followed by Snapdeal, Amazon and other big giants which are to enter the market like Reliance. Now that it has become very popular it is very important to discuss that has E-Commerce helped us or is a matter of distress.

Let us understand so as to why E-Commerce is a boon: –

E-Commerce

1. Customer Satisfaction

This is the most important part of the discussion, “Customer Satisfaction”. The customers, open the website portal they see the products they have the whole time in their life before coming onto a conclusion so as to whether they want to buy the product or not, whereas in Shopping Malls there are always under the pressure of the salesman and their frequent line “Can I help you”. More importantly, they are available 24 X 7, You can shop at any point of time and then you can complain to the company about their service or can ask a query at any time of the day or night. There can be a no bigger satisfaction apart from these.

E-Commerce

2. Ease of operations

These website portals are very easy to use, just open their portal and they have segregated their products into appropriate departments. In real life you would have to travel from a clothing store to an electronics store which for some may be a lot of physical exhaustion provided luxury life is becoming popular day by day. Here you don’t have to! They are available right a click away.

 

E-Commerce

3. Brands

These are a bonus point for small cities. In many small cities all brands aren’t available due to lack of demand, but thanks to these outlets and their logistics team; Gucci, Benetton, Allen Solly, Armani is just a click away.

 

 

E-Commerce

4. Reduced Prices

This is the main reason why these portals have become such a huge success. Let’s take an example of the most popular smartphone in India and the world “Apple’s iPhone”. The recently released model costs around 70K in these portals while the same phone costs 78K in shopping malls and other outlets. There is a reason so as to this because Shopping malls have other expenses like outlet maintenance cost, Staff and other similar expenses while these portals have no costs like these apart from the logistics and their customer service team.

Now that we have talked enough about the advantages, let’s understand why e-commerce it is a bane?

E-Commerce

1. Security Reasons

Yes, Flipkart, Snapdeal, Amazon are well known portals. Hence, we can expect security from them that they won’t use our credit card or debit card details. However, there are other new portals coming up too, and many people feel afraid to use them. There have been cases in the past where fake portals have been developed and have stolen people’s hard earned money in the name of huge discounts.

E-Commerce

2. People will lose out on Jobs

From the era of these portals many people, let’s say 50% of the buyers have stopped going to the mall because of the convenience of these websites. It is a direct relation if people purchase products from these portals, no one would be going to malls or stores. If people don’t go to these stores, the stores won’t make money. Further, if they won’t make money, then the stores would be cutting down their costs by removing employees. Finally, if they remove their staff, then ultimately it will lead to recession.

E-Commerce

3. Failure to provide Customer satisfaction

Every now and then we see in the newspaper that some customer was cheated in some way and this has involved big giants like Snapdeal too, the recent case was they had delivered wooden sticks in the name of iPhone 4. Obviously, these things cannot happen in shopping malls or other stores and even if it happens, they would provide an immediate Redressal while if you purchase it from these portals they will be providing you a solution but that will take time.

So these are the benefits and losses when we talk about “E-Commerce”, as time passes it will be clearer whether E-retailing is a ‘Boon’ or ‘Bane’

Image Sources: Image 1,Image 2,Image 3,Image 4,Image 5,Image 6,Image 7,Featured Image.

Share
Tweet
Pin

RELATED ARTICLESMORE FROM AUTHOR

97 COMMENTS

  1. I just want to mention I am just very new to weblog and certainly loved your website. More than likely I’m planning to bookmark your blog . You certainly have really good well written articles. Cheers for revealing your web page.

  2. There are some fascinating deadlines in this article but I don know if I see all of them middle to heart. There may be some validity but I’ll take maintain opinion until I look into it further. Good article , thanks and we want extra! Added to FeedBurner as effectively

  3. The the next time I read a weblog, I really hope which it doesnt disappoint me approximately this. Come on, man, It was my solution to read, but I actually thought youd have something fascinating to mention. All I hear is actually a handful of whining about something you could fix when you werent too busy interested in attention.

  11. Thanks for revealing your ideas. I would also like to mention that video games have been ever evolving. Modern technology and revolutions have served create sensible and active games. These kinds of entertainment video games were not actually sensible when the concept was first being used. Just like other forms of technology, video games also have had to grow via many generations. This itself is testimony towards fast progression of video games.

  13. Having read this I believed it was very informative. I appreciate you taking the time and energy to put this short article together. I once again find myself personally spending a lot of time both reading and posting comments. But so what, it was still worthwhile!

  14. I blog quite often and I truly thank you for your content. Your article has really peaked my interest. I’m going to book mark your website and keep checking for new details about once a week. I opted in for your RSS feed as well.

  18. Nice post. I learn something totally new and challenging on sites I stumbleupon everyday. It’s always interesting to read through content from other writers and practice a little something from their web sites.

  20. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  22. excellent issues altogether, you just received a new reader.
    What might you recommend in regards to your submit that you just made a few days in the past?
    Any sure?

  28. Aw, this was an exceptionally nice post. Spending some time and actual effort to generate a really good article… but what can I say… I procrastinate a whole lot and never seem to get nearly anything done.

  31. May I simply say what a relief to find someone who really knows what they’re discussing online. You certainly know how to bring an issue to light and make it important. More people ought to check this out and understand this side of your story. I was surprised that you are not more popular given that you most certainly have the gift.

  36. Gday here, just turned out to be familiar with your article through Search engine, and have found that it’s genuinely useful. I’ll be grateful should you decide continue on this.

  39. It really is nearly close to impossible to come across well-informed men or women on this matter, nevertheless you appear like you fully understand what you’re revealing! Excellent

  40. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  41. I have observed that in the world the present moment, video games will be the latest fad with children of all ages. Periodically it may be extremely hard to drag the kids away from the video games. If you want the very best of both worlds, there are many educational games for kids. Thanks for your post.

  44. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  45. I was wondering if you ever thought of changing the structure of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two images. Maybe you could space it out better?|

  51. We still cannot quite believe that We possibly could come to be some checking important points available your webblog. Our family i are sincerely thankful with your generosity and then for giving me possibility pursue our chosen profession path. Just right information Manged to get in your web-site.

  54. Thank you for the well-written blog post. I greatly treasured your generosity and help you offer through the totally free tips on your blog, specially the ones provided through this article. I know Britta would love to read more of your blog post. I’ve sent your website url to her. We love your thoughtfulness during this difficult time.

  55. I was very happy to discover this site. I need to to thank you for ones time for this particularly fantastic read!! I definitely loved every part of it and i also have you bookmarked to check out new things in your site.|

  60. I am the proprietor of JustCBD label (justcbdstore.com) and I’m presently seeking to grow my wholesale side of business. I really hope that anybody at targetdomain can help me ! I considered that the most ideal way to do this would be to talk to vape stores and cbd retail stores. I was hoping if anybody could suggest a reputable site where I can get Vape Shop B2B Database I am presently checking out creativebeartech.com, theeliquidboutique.co.uk and wowitloveithaveit.com. On the fence which one would be the most suitable option and would appreciate any assistance on this. Or would it be simpler for me to scrape my own leads? Suggestions?

  61. Nice post. I was checking continuously this blog and I am impressed! Extremely useful information particularly the last part I care for such info much. I was seeking this particular information for a very long time. Thank you and best of luck.

  62. I uncovered your blog website on google and also check a few of your very early messages. Continue to keep up the great run. I just extra up your RSS feed to my MSN News Viewers. Looking for forward to learning more from you later on!?

  64. The following time I review a blog, I hope that it does not disappoint me as much as this one. I imply, I recognize it was my selection to read, but I really assumed youd have something fascinating to state. All I hear is a lot of whining concerning something that you could fix if you werent too hectic looking for attention.

  65. Aw, this was a really wonderful post. In suggestion I would like to put in writing such as this additionally? requiring time and real initiative to make a very good write-up? however what can I claim? I postpone alot as well as by no means seem to get something done.

  74. After study a few of the blog posts on your web site currently, and also I really like your method of blogging. I bookmarked it to my book marking website list as well as will be examining back quickly. Pls take a look at my internet site also and also let me recognize what you think.

  75. Greetings, I do think your website may be having internet browser compatibility issues. Whenever I take a look at your web site in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping issues. I just wanted to provide you with a quick heads up! Besides that, wonderful blog!

  76. I merely need to tell you that I am new to online blogging and completely loved your post. Very likely I am prone to bookmark your blog post . You absolutely have superb article content. Be Grateful For it for discussing with us all of your url article

  79. I discovered your blog website on google and examine a few of your early messages. Continue to maintain the great run. I simply additional up your RSS feed to my MSN Information Visitor. Looking for forward to reading more from you later on!?

  80. Howdy there, just started to be aware about your wordpress bog through Yahoo and bing, and discovered that it is quite beneficial. I will value in the event you carry on such.

  83. I would like to thank you for the efforts you’ve put in penning this blog. I’m hoping to see the same high-grade blog posts from you in the future as well. In truth, your creative writing abilities has inspired me to get my own site now 😉

  84. I?d have to get in touch with you right here. Which is not something I normally do! I enjoy checking out a message that will make individuals think. Likewise, thanks for enabling me to comment!

  87. Greetings, There’s no doubt that your web site might be having web browser compatibility issues. When I take a look at your web site in Safari, it looks fine however, if opening in I.E., it has some overlapping issues. I simply wanted to provide you with a quick heads up! Apart from that, wonderful site!

  90. Having read this I believed it was really informative. I appreciate you spending some time and effort to put this informative article together. I once again find myself personally spending way too much time both reading and posting comments. But so what, it was still worthwhile!

  92. Having read this I thought it was extremely informative. I appreciate you spending some time and effort to put this informative article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!

  95. Good day! I could have sworn I’ve been to this site before but after looking at some of the articles I realized it’s new to me. Regardless, I’m definitely happy I discovered it and I’ll be book-marking it and checking back regularly!

  97. Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Cheers|

LEAVE A REPLY

Please enter your comment!
Please enter your name here