Question

Briefly explain any two benefits of e-business of the following:

Buyer

Answer 1

The benefits of e-business for the buyer are as follows:

• The buyer has access to the global market.
• The buyer has a direct contact (no middleman).
• The products and services are customised.
• There is a wider selection of goods.
• The prices are competitive.
• It puts the buyer at ease in comparing prices.
• It is time-saving.
• Shopping is 24/7.
• The data is secured.
• There are different modes of payment.
• The response and redressal are quick./There are easy return and refund policies.