What is e-commerce?
E-commerce is defined as all trade that takes place electronically — typically via the internet. The 'e' stands for electronic, and commerce refers to the trading of goods. In other words: electronic trading of goods.
E-commerce therefore covers everything from buying clothes online to ordering a service and email. Likewise, e-commerce can be B2C, B2B, and B2G.
When did e-commerce begin?
E-commerce in Denmark truly took off in the second half of the 1990s. Globally, it is reported that the first transaction worldwide took place in 1972.
Advantages and disadvantages of e-commerce
There are many advantages to using e-commerce — for both businesses and consumers. But of course there are also some disadvantages. Below you will find some of them.
Advantages of e-commerce
- Requires no or very little personal service.
- Fast and easy.
- Transparent.
- Open 24/7
Disadvantages of e-commerce
- Delivery and returns.
- Limited personal service.
- Lack of product knowledge regarding the physical element.
Are you ready to get started with e-commerce, or do you need guidance?
Call us on 30 12 42 72 for a no-obligation chat about how we can help you!
