The use of Information and Communication Technologies (ICT) in the direction of e-commerce is a critical factor in shaping a new business environment. The concept of e-commerce is based on the multiple benefits the consumers can gain:
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Access to new markets around the world resulting in:
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Sales growth
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Increasing Competitiveness
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The supplier is addressed directly to the customer without involving intermediaries.
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Reduce product cost
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Operation 24 hours
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Better communication and promotion of products
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Possibility for more deals but also better management and consumer information
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Optimal management of products and orders
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Faster transaction processing
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Better communication with the other companies
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No movement is needed to a physical store
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You can even buy a product which is not available in a physical store near your home