| To move ahead in business with global sources | | | | allows wide number of customers to access the |
| it is essential to work according to the | | | | things at one place. It helps to globalize |
| existing business practices. As technology | | | | the customer base. |
| advances the work place also gets modified to | | | | |
| incorporate the changes. The greatest gift of | | | | Minimizes unnecessary expenses on phone calls |
| technology, Internet, has discovered new | | | | and mailings. |
| business opportunities and initiated a wide | | | | |
| range of e-commerce practices. | | | | Reduces significantly the marketing and |
| | | | advertisement costs, purchasing costs, cost |
| Electronic commerce or e-commerce serves the | | | | on processing of orders and inventory storage |
| import and export industry well. Recently, | | | | costs. |
| e-commerce has been focusing on changing the | | | | |
| mindset of businessmen, so as to increase | | | | Customers are involved in direct interactions |
| profit in business. | | | | with the company. |
| | | | |
| -Advantages of e-commerce in China | | | | Business administration becomes easy due to |
| | | | easy business transactions. As all |
| Various advantages of e-commerce in China are | | | | transactions can be easily updated with |
| described as follows: | | | | e-commerce processes within seconds, there is |
| | | | nothing to be worried as such; like the usual |
| It ensures flexibility in listing the product | | | | delays. |
| on directories and quick update of | | | | |
| information is provided. Direct link facility | | | | Access to data saved in e-commerce process is |
| added on other websites of the client offer | | | | easy. |
| textual information and picture display. | | | | |
| Whenever you want to add a new product, | | | | Reduces deployment of more staff members in |
| change the prices of your products or make | | | | customer services and sales support programs. |
| any other change in the products, you can | | | | |
| update them in e-catalogue in no time. | | | | The e-commerce process helps customers to get |
| | | | complete hold on sales procedure and it |
| E-commerce offers a wide range of search; | | | | builds loyalty for company products. |
| according to categories, company name, | | | | |
| location, and price. | | | | E-commerce provides technology enhanced and |
| | | | improved business mode of dealing with the |
| E-Commerce reduces the competitive edge in | | | | customers and suppliers. |
| the import and export industry. Now all | | | | |
| companies engaged in global sourcing in | | | | E-commerce in China ensures easy accounting |
| China are on equal footing. | | | | system of inventory with online adjustments |
| | | | of stock and availability of business |
| There is an extended market place with | | | | locations. |
| increased number of customers. Internet | | | | |