IGCSE COMMERCE Chapter 5 PDF
IGCSE COMMERCE Chapter 5 PDF
IGCSE COMMERCE Chapter 5 PDF
CHAPTER 5
E-COMMERCE
E-commerce is the activity of electronically buying or selling of products or services over the internet.
CHARACTERISTICS
It is a business model in which a company does commerce in both online (Click) and physical shop
(Beaks) platforms.
EFFECTS OF E-COMMERCE
• No worries of having space for physical shops however they will still need a place to store products.
• E-commerce will need to have a head office where they will need specialist labours/staff to operate
their e-commerce website.
DISADVANTAGES OF E-COMMERCE
• Companies cannot give personal advice and encourage customers to buy the product which would
have been possible in person.
• Packing cost increases for business as they want to ensure that products safely reach the customers.
• Delivery cost increases since customers now order from very far away distances.
• Maintenance and developing a fully working and user-friendly website is expensive.
THANK YOU!
QUESTION PRACTICE
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