E-commerce
Sunday, 17 March 2024
E-commerce is global in nature. Connected users from all over the world will resort to online shopping if businesses can offer safe, user-friendly online shopping experience. A recent international ecommerce survey conducted by Pitney Bowes has crossed my desktop that points out major preferences that can be mirrored anywhere in the world. As per the findings, “71 per cent international internet users look for competitive prices, 42 per cent want a broad selection of products and services online and some 35 per cent opt online-shopping for an easy checkout and other savings; deals, free shipping and taxing costs”.
In any market based economy, prices convey all of the information that consumers require to make learned decisions. On both the production and consumption sides, market prices act as coordinating signals. In order to make informed decisions about what to offer and how, businesses need to know the prices of inputs. Similarly, consumers need to know the prices of the goods and services they might buy so that they can make appropriate decisions. The internet offers a very advanced means to communicate prices that were never possible before.
Read more »Labels: Ecommerce
posted by S A J Shirazi @ Sunday, March 17, 2024,
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