Technical characteristics of e-commerce

This paper will introduce three characteristics of e-commerce technology, namely, broader environment, broader market, circulation and price.

A broader environment

People are not limited by time, space or traditional shopping, and can conduct online transactions anytime and anywhere. Through time and space, we can reach more customers at a specific time and provide us with a broader development environment.

A broader market

On the internet, the world will become very small. A merchant can face consumers all over the world, and a consumer can shop in any merchant in the world. A merchant can challenge different types of buyers in different regions and collect rich buyer information online for data analysis.

Circulation and price

E-commerce reduces the intermediate links of commodity circulation and saves a lot of expenses, thus greatly reducing the cost of commodity circulation and transaction. Through e-commerce, enterprises can match buyers more quickly, realize the real integration of production, supply and marketing, save resources and reduce unnecessary production waste.