Give some potential benefits of E-commerce

Give some potential benefits of E-commerce.

The most important features of E-commerce is

1.           The global nature of the technology.

2.          Low cost.

3.          Opportunity to reach hundreds of millions of people.

4.          Interactive nature.

5.           Variety of possibilities.

6.          Rapid growth of the supporting infrastructures.

According to these features, E-commerce benefits are classified into 3 types.

Ø          Benefits to organization.

Ø          Benefits to consumers.

Ø          Benefits to society.