In: Economics
Increase number of users of internet and mobile and effect of e-commerce
Answer-The effect on e-commerce due to an increase in the number of users of the internet and mobile are-
1. In today's world, almost 70% of e-commerce transactions are taking place due to mobile and internet connection.
2. Mobile phone with internet connection is preferred more than a laptop for shopping on e-commerce websites.
3. There is also an increase in searching for e-commerce websites in rural areas too.
4.E-commerce websites are expanding dramatically in a large number of users in the area where mobile phones and internet connections are affordable.
5.E-commerce websites are becoming popular in all over the world due to an increase in the usage of mobile phones as well as internet connection users.
5.There is increase in the revenue of e-commerce businesses due to easy use of electronic methods instead of using offline methods.
6.Increase in the traffic of consumers on e-commerce websites.