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So, how do most traditional companies sell things? Most sell their products through brick-and-mortar stores, physical places where people can go and buy things. Since the dawn of the Internet though, companies have tried to harness the power of this new method of communication to sell their products. Some have failed, but there have been some incredible success stories. In the 21st Century e-commerce is definitely one of the hottest ways of doing business!

So, how do most traditional companies sell things? Most sell their products through brick-and-mortar stores, physical places where people can go and buy things. Since the dawn of the Internet though, companies have tried to harness the power of this new method of communication to sell their products. Some have failed, but there have been some incredible success stories. In the 21st Century e-commerce is definitely one of the hottest ways of doing business!
ENTREPRENEUR1:

One of the biggest E-Commerce success stories started as an online bookstore and now offers consumers the choice of a wide range of products including CDs, DVDs, clothing and musical instruments. It is now the world's largest online retailer. These online stores offer customers an enticing blend of benefits. Users of these websites find them very convenient to use. They can easily browse the inventory of products and purchase using a valid credit or debit card.

One of the biggest E-Commerce success stories started as an online bookstore and now offers consumers the choice of a wide range of products including CDs, DVDs, clothing and musical instruments. It is now the world's largest online retailer. These online stores offer customers an enticing blend of benefits. Users of these websites find them very convenient to use. They can easily browse the inventory of products and purchase using a valid credit or debit card.
ENTREPRENEUR2:

Their chosen products are then delivered to them when they are ready. Many popular products are ready to be shipped within 24 hours. Furthermore, due to the intuitive nature of these websites users are able to find what they are looking for quickly. The retailers can benefit by recommending other similar products to users, thereby drawing attention to products that may otherwise sell poorly. One of the biggest benefits for users of e-commerce sites is the sheer amount of products available.

Their chosen products are then delivered to them when they are ready. Many popular products are ready to be shipped within 24 hours. Furthermore, due to the intuitive nature of these websites users are able to find what they are looking for quickly. The retailers can benefit by recommending other similar products to users, thereby drawing attention to products that may otherwise sell poorly. One of the biggest benefits for users of e-commerce sites is the sheer amount of products available.
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As the e-commerce business model does not rely on keeping stock in store for customers to browse, they are able to utilize large warehouses and keep large amounts of stock stored, ready to be shipped if a customer orders it. These keeps overheads to a minimum while also giving customers a greater choice when selecting their purchases. Of course, as with everything there are negative sides to look at. Some customers may be worried about the safety of using these services. Cases of identity fraud and the theft of credit card details are often reported.

As the e-commerce business model does not rely on keeping stock in store for customers to browse, they are able to utilize large warehouses and keep large amounts of stock stored, ready to be shipped if a customer orders it. These keeps overheads to a minimum while also giving customers a greater choice when selecting their purchases. Of course, as with everything there are negative sides to look at. Some customers may be worried about the safety of using these services. Cases of identity fraud and the theft of credit card details are often reported.
ENTREPRENEUR4:

Companies need to take great care to ensure that the process is not only easy to use, but also safe. Reputable companies always keep customers'' details safe, but users need to be aware of and suspicious of phishing attempts by email. These emails claim to be from real companies, asking users to confirm their usernames, passwords or credit card details. If the user is fooled by this the criminals are able to use the information to make fraudulent purchases using the user's credit card. E-commerce companies warn users against this practice but unfortunately it continues, over 15,000 phishing attempts were reported in June 2005 and the number continues to grow.

Companies need to take great care to ensure that the process is not only easy to use, but also safe. Reputable companies always keep customers' details safe, but users need to be aware of and suspicious of phishing attempts by email. These emails claim to be from real companies, asking users to confirm their usernames, passwords or credit card details. If the user is fooled by this the criminals are able to use the information to make fraudulent purchases using the user's credit card. E-commerce companies warn users against this practice but unfortunately it continues, over 15,000 phishing attempts were reported in June 2005 and the number continues to grow.
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Overall, e commerce has great benefits for most people as long as they stay safe and protect their private information.

Overall, e commerce has great benefits for most people as long as they stay safe and protect their private information.