E-commerce markets are growing at noticeable rates Online retailers base prices on the speed of delivery.
There are two ways for marketers to conduct business through e-commerce: fully online or online along with a brick and mortar store.
Online marketers can offer lower prices, greater product selection, and high efficiency rates. Many customers prefer online markets
if the products can be delivered quickly at relatively low price. Traditional retailers base their prices on store traffic and the cost to keep inventory.
Online retailers base prices on the speed of delivery.E-commerce brings convenience for customers as they do not have to leave home and only need to browse
website online, especially for buying the products which are not sold in nearby shops. It could help customers buy wider range of products and save customers’ time.
Consumers also gain power through online shopping.