Online buying and selling or in other words we spell E commerce have many advantages and disadvantages. Due to the world’s current situation online buying and selling industry is growing up very fast and everything is available to your doorstep with just one click. You are a newbie to internet and online business and want to start an E-commerce business then you must read all the Advantages and Disadvantages of E Commerce in Points. These pros and cons might help you to make better decisions in future. We must read a little introduction of the Ecommerce Industry before going towards the Benefits and Drawbacks of E commerce.
What is E-Commerce?
Before going toward advantages and disadvantages we must know what is Commerce? So friends Commerce is basically exchange of Goods or services, buying and selling of goods or services are called Commerce. And when we attach the word “E” before it, then it becomes “Electronic Commerce” . It is basically a transaction of buying and selling of goods and services on the internet. It is also known by another name “e-business”. There are many advantages and disadvantages of E-commerce but you i will write some main types of E-Commerce.
Main Types of E Commerce
Every person that is going to start their new business on the internet must read the major types of e-business that take place between the buyer and seller. There are four major types of E-commerce that are easy to understand.
- B2C (Business to Consumer)
- B2C is the first term and connection between business and consumer. That means simply if you buy clothes from an online store.
- B2B (Business to Business)
- B2B is the second term of online business and connection between one business with another business. The simple example is a business creating special software and selling this software to another business for use.
- C2C (Consumer to Consumer)
- C2C is the third term and very easy to understand it’s transaction between one consumer to another consumer. For example a person wants to sell his old mobile ad to online buying and selling platforms like OLX.
- C2B (Consumer to Business)
- C2B is the fourth and the last term of E-Business that is the connection between consumer and business. In this type consumers sell their services or goods to an organization or Business. For example a graphic designer creates a logo for a company.
We cover our two parts of our essay. Now in the third step we’ll read some major advantages of E commerce and in the fourth step read major disadvantages of E commerce in points. So what are you waiting for let’s read Benefits of E-commerce;
What are the Benefits or Advantages of eCommerce?
Here are many much more amazing benefits and pros of doing online business on the internet that are unstoppable and leverage them to your advantages.
- Global Market
The first good point about the ecommerce business is the global and wide range of markets. It means there is no end to your sales, Your customers have advantages to buy your product while sitting at home, office, park, hotel either in the city, in the country or out of the country. Doing online business gives you the name in the global market, that is also called the global village.
- Easy To Start
What you think that online business needs to start months and years, no no my friends just click and click in 10 to 40 minutes your e-store is ready and you are also ready to start selling your products.
- Easy to Find Products
If you are new to the ecommerce business there are many options and ideas to find new products and sell these easily.
- Fastest Way of Buying and Selling
E-commerce is the fastest way of buying and selling. Because every company tries to provide their best services at less price and in less time.
- Low Operational Cast
Good point and in the list of advantages of E commerce that we can operate and start new electronic stores with very low budget. If you have not enough money to buy and start a business just create a website and from the market capture some product photos and upload them to your own store and sell them with profit.
- Easily Selection for Customers
This benefit of e-store is for the customers that they are able to easily select the products. For example you want to buy a watch so you will find many watch companies. And then you visit the specific company website there you will find single products in multi colors and multi functions.
- No Need of Duty
Once your Ecommerce stores run and you have a large number of customers then you have no need to go duty. Your sales would auto increase if you are providing the good products and your customers are satisfied.
- Personal Online Experience
While starting and doing online business you also learn many more things. Like operating the back-end of a website, adding products, adding images, price, writing about products, customer relations etc.
- Affordable Employees
You can also hire the person for your Ecommerce stores, you may hire these people online on a monthly and project basis. These are called virtual assistants that run and keep eyes on your ecommerce business.
What are the Limitations and Disadvantages of eCommerce?
There are a lot of more disadvantages and cons of doing e-commerce business on the internet that are unstoppable and leverage them to your Disadvantages.
- Bad Companies
There are many frauds and bad companies on the internet that take money from you and do not deliver the products. You must have to do complete research and background history of the website before purchasing anything online.
- Product Quality
The biggest drawback of e-commerce is we don’t know about the quality of the products. Many online companies upload HD images that are edited in designing software. In the pictures we find that the product is very high quality but sometimes in reality they are totally different from each other.
- Physical Inspection
Another demerit in the list of Disadvantages of eCommerce is the physical Inspection. It means we are buying something from an online store without touching or blindly.
- Site Crash
The negative point of Electronic Commerce is only for the site owners or Ecommerce owners that run their online business. Sometimes the server goes down and other issues in your hosting and domain may affect your site ranking in google search engine.
- Can’t Try Before Buy
We must have to buy something then try to know the quality and the taste of the product.
- High Competition In Search
E-Commerce stores have always tuff competition among each other because there are many people that are working on the same products. Like most trendy things that every person wants to sell are “Buy Online Clothes, Buy Jewelry, Dresses and there is high competition between products.
- Tax Issues
There are not only the Cons of e-commerce for buyers and sellers, we found many disadvantages of electronic commerce to the government. Because if the buyer sends direct money to the seller, and the seller directly sends the product to the buyer then there is the question of who would pay the government taxes.
- Credit Card issues
As we all know that there are many advantages and disadvantages of credit cards. Credit cards are mostly used for online shoppings and purchasing. But during purchase online there are many issues regarding credit card privacy and information.
- Security Issues
The last drawback in the list of Disadvantages of Ecommerce is the security about the personal and financial information that we provide to the particular company or website, where we purchase something.
- Stay Online
You must need to stay online for customer support and answer to your visitors. In the beginning you may do double duty or if you have a good enough budget then hire the virtual assistant for day and night both.
I hope you find my essay “Advantages and Disadvantages of eCommerce” helpful. If you have any opinion or suggestions please feel free to tell us in the comment box or by contact us page. Please share this topic with your other ecommerce friends.
5 Advantages of a Reliable SMTP Service
Have you reached here searching for a reliable SMTP service? Do you want to explore the benefits of having a reliable SMTP service? If yes, you have landed in the very right place. Here in this writing, we will explore everything you need to know about SMTP service and highlight some of the advantages of having SMTP as a service. So, without any further wastage of time, let’s dive into the topic and explore all the helpful information about SMTP service.
What is SMTP?
SMTP is an acronym for Simple Mail Transfer Protocol. It is a well-reputed communication protocol for sending messages on the internet. The protocol is connected with POP3 or IMAP; however, SMTP is applicable for delivering messages while POP3 or IMAP is used for receiving those sent messages.
How to Send an SMTP Email?
To avail SMTP email services, you must have an email client; only then can you take advantage of this software to create messages and receive emails sent to you. This email then gets transferred to the internet connection (ISP) and gets authenticated through the username and password by the Mailrelay SMTP server. If the authentication gets approved, the message arrives on the Mailrelay server.
The path/channel that the email adopts while going through the SMTP server is named SMTP (client-server). Bear in mind that the message will only be delivered on a specific port that must be available on both ends of the connection.
5 Advantages of having a reliable SMTP Service
The following reasons will help you understand the benefits of setting up your SMTP server for your business.
1. No bound on the Number of Emails that you can send
ISP’s allow sending a specific number of emails daily. But when you have your own SMTP service, there is no bound to how many emails you can send on an hourly or daily basis. You can send as much as you want. Your web host provides a dedicated SMTP server that is much more generous than ISPs; however, some limits might still get imposed.
2. Your Email Data Stays Confidential
Another significant advantage of the SMTP service is that your email lists stay private and entirely under your control. The entire email data is secure in your hands and is not vulnerable to reach anyone else’s hands. That’s how you can use the lists in the best manner that and engage your customers. In addition to that, you can also segment and combine lists in any way you want for testing and campaigns.
3. You Get All Details Regarding the Email Status
When you press enter to send an email, you come to know what happened with that right away. Either the email gets received, delayed, or bounces back, you will come to know right away what happened and why. That’s how you get complete information regarding the email through your own SMTP server and come to know if it was received or not.
Yes, in terms of the amount spent, the investment needed to run your server might be a little heavy at the onset because of the time required to learn and setup, but things get easy with time. Once everything is set, you will only have to pay a monthly fee or pay the amount per email sent, similar to what you do with the 3rd parties.
5. You have your own TOCs
Another notable advantage of having your 11 Best SMTP providers is that third-party TOCs do not bind you. Instead, you will have your own TOCs and make sure that you are flexible and comfortable working with those TOCs.
The TOCs set by third parties primarily affect your own deliverability. Also, when you share servers, your email deliverability gets compromised if they spam regarding anything.
We hope this article helped you discover some of the benefits of having your own SMTP service and you can read from SMTP wikipedia. While setting your own SMTP server, be extra careful and avoid being filtered out as spam. If you face any challenges in setting up your own SMTP service, feel free to get in touch with us through the comments section below.
Advantages and Disadvantages of Cloud Computing
Cloud computing is the procedure in which we deliver different services through the internet. We use different resources, including many tools and applications, like data storages databases, servers, and software, to deliver the work.
We can also describe it as the on-demand availability of computer system resources, especially data storage. The service stores the data of any person or company and gives it to users of that company. Cloud computing plays an important role in the world of the internet, and it provides us many useful tools and software that helps us in our daily life, like in the financial and medical field.
How does cloud computing work?
Many companies do not know about IT, or they do not have experts who handle or store their data to use it later when they need it. To eliminate this problem, they hire some agencies that handle their data and help them whenever they need it. It is a very hard process to store data on hard devices and their backup, but with cloud software, we can save our data on electrical devices that cover the whole web.
Understanding of Cloud Computing
By its name, we can make guesses about it as the information being processed is found remotely or in virtual space. The specific companies that provide cloud services enable the user to store data remotely, and users can access data at any time and any place.
Cloud computing can also be done publicly or privately. The servers that publicly provide their services for a fee. On the other hand, the private cloud allows access to data only to the registered users.
Types of the Cloud Computing
This is not a single piece of technology; it has three types of services, software as a service, infrastructure as a service, and platform as a service.
Software as a service
For using this software, the customers must get a license, and for this, you have to pay charges for getting the license. You can see this system in Microsoft offices 365.
Infrastructure as a service
It is a method of delivering anything from operating systems to servers and storage through IP-based connectivity as a part of on-demand services.
Platform as a service
It is considered as one of the complex cloud-based computing. It is actually a platform for creating software, and this software is delivered via the internet.
Advantages of the Cloud Computing
Cloud computing plays an important role in the world of the internet. They have many benefits which we described here.
- It offers users from all sectors several benefits; they can access data from any device and any native app or browser. The users can read their data files and settings from any other device without any changes.
- Cloud computing allows you to access your data on multiple devices; you can check your email from any computer and save your data in google drive and other software.
- It provides you cloud services at a very affordable cost because if you want to procure this in your office, then it makes a high budget which you can not afford. If you start your setup and you cannot buy new things because they are very expensive.
- The cloud servers allow users to save data on their personal computers or laptops. It also provides upgrades to their users to easily update the customers, like the adobe users can access the applications in its creative cloud through online subscriptions.
Disadvantages of the Cloud
Although cloud computing has many benefits, it also has some issues that can be bad for us. Here we are going to tell you some drawbacks of cloud computing:
- Security is one of the major issues when using clouds about the medical and financial records. Sometimes the servers maintained by the cloud computing companies can fall victim to many natural disasters, like internal bugs and power outages.
- As with using any technology, there is a learning circle for both employees and managers while accessing and manipulating information through any single portal. It can cause mistakes and maybe data loss.
Cloud computing is one of important terms which have advantages and disadvantages both at same time. If you want to use and implement in daily life, you must need to understand pros and cons to gain progress. So, use and accept both to grow up in your daily life.
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Advantages and Disadvantages of Mutual Funds
Mutual funds are asset classes that store money from several potential companies to boost their purchasing power and expand their assets. This enables shareholders to add a large number of securities to their assets at a much-discounted cost than the purchase of each stability personally.
Mutual funds help investors to diversify their business safely. It becomes the most trending vehicle to maximize assets. Beyond this, we may take a keen look at the advantages and disadvantages of mutual funds.
Advantages and Disadvantages of Mutual Funds
The advantages and disadvantages of mutual funds to help you make a reasoned verdict are mentioned below.
Advantages of Mutual Funds:
There are several factors why investors want to spend so frequently in mutual funds. Let’s split down the information of a few of them.
Advanced management of portfolios
When you purchase a mutual fund, you expect to be paid a management fee as part of your profit margin, which is used to hire a professional financial analyst who buys and sells shares, bonds, etc.
This is a comparatively cheap price to pay for professional assistance in managing an investment strategy. The mutual fund is prioritized because it does not demand investors to make data analysis and investment allocations. The fund manager takes good care of all of this and makes the decisions about what to do with your asset. He/she decides to either invest in debt or equity. He/she also decides to choose whether or not to hold them, and for how long.
Reinvestment of dividends:
As revenues and other sources of interest income are proclaimed for the fund, it can be used to buy additional shares in the mutual fund to help your business succeed. Mutual funds enable you to reallocate your dividend income in the preferred stock of the fund. In effect, this allows you to take advantage of the opportunity to expand your portfolio without paying regular transaction fees for the purchase of additional shares in the mutual fund.
There is a popular assumption that mutual funds are not as secure as banking products. This is a fallacy, as the financial institutions are strictly within the jurisdiction of statutory government entities. Reduced portfolio risk is accomplished by the use of liquidity, as most mutual funds will buy shares in different securities anyplace, based on the reliance. Numerous stock index mutual funds have more selected stock positions.
Fair and convenient investment:
Mutual funds are easy to purchase and simple to comprehend. Generally, they have reasonable net investments and are exchanged only once each day at the closing value of the net asset.
This reduces price fluctuations during the day and the various capital flows that day traders practice. You can schedule your funding in the mutual fund according to your spending plan and accessibility.
Mutual funds, unlike some of the individual investments they may keep, can be exchanged daily. Although not as liquid as stocks that can be traded on an intraday basis, purchase, and sale orders are filled after the close of the market.
Disadvantages of Mutual Funds:
There are drawbacks to becoming an investor in mutual funds. Here’s the most comprehensive list of a few of the concerns.
- Costs for managing the mutual fund:
The salaries of financial experts and fund managers come from shareholders. The comprehensive control charge of the Fund is one of the first factors to be considered when selecting a mutual fund. Higher management fees do not ensure the good performance of the fund.
- Portfolio free from the control of investor:
In the case of investment in funds, there is no control of investors on portfolios. All are under the control of a money manager and if the manager abuses his/her responsibilities it will possibly cause a big loss.
While there are many advantages of liquidity, there are drawbacks to over-diversification. Think of it as a bell curve: the more stocks you possess, the less likely you are to feel their actual gains on your total portfolio. What this implies is that, while the risk will be decreased, the opportunity for gains will also be reduced. This could be understood as a trade-off with liquidity, but too much diversification can contradict the reason why you want pricing power in the first place.
Mutual funds need to keep money in cash to meet investor withdrawal and to retain liquidity for acquisitions. Nevertheless, investors also pay to have investments sitting in cash because the average expenditure is levied on all the investment amounts, instead of whether they are allocated or not.
To explore the world of mutual fund investment, you must first consider your condition, especially your expectations and objectives. Evaluate what you’re saving for and your ease with the risk of assessing what kind of funds you’re looking at. Keep in view the advantage and disadvantages of the mutual funds also to handle it.
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