BENEFITS OF

E-COMMERCE
The internet is available globally and
distributes information to anyone connected
though it, twenty four hours a day, seven
days a week.

The global access offered by the internet, to

everyone who is connected, expands the
market reach of a company beyond its
geographic location, as anyone at any corner
of the globe can transact business with the
company over the network.
Small and medium enterprises that may not be in
position to compete with the larger well established
corporations, due to visibility acquired by them, can
gain visibility in the global market place through
adoption of electronic commerce.

In electronic commerce you do not need to bear the

cost of printing a catalogue or mailers. Once a store
web presence has been established, each user
downloads a copy from its server and browses through
it online.
Customer requirements and needs can be addressed
quickly and in an efficient manner through the reach of
the internet. Today, a shipment made through LBC can
be tracked. And its status inquired by the customers,
instantly.

Moreover, the list of common problems and their

solutions, answers to frequently asked questions (FAQ),
contact information for customer service, and
automated registration of problem reporting can also
be made available over the network.
Electronic commerce set-ups save greatly due to
reduced cost of brick and mortar establishments.

With E-commerce much of the paperwork involved in

the task is avoided as order placement, fulfillment,
payment and service requests take place directly in the
electronic format, on the electronic server.
The integration of multiple partners – suppliers,
contractors, regulatory agencies, and corporations - in
an electronic community, through the internet opens
up competitive pricing, lower inventory carrying costs
and broader availability of materials and opportunities.

The internal system processes go through an internal

integration to remove any information gap and offer
smoother workflow, resulting in reduction of
friction/overheads and better monitoring and control.