E-Business
E-Business
E-Business
Wal-Mart is a large business that is also available now on the internet. There are advantages and disadvantages to having a business both physically and on the internet. There are also risks involved in making purchases online as apposed to on the internet.
Wal-Mart started in the mid 1900s as a physical store. Wal-Mart has been a very successful business, selling items which the customer needs at very low prices. Wal-Mart has been a very successful as a global distributor and has become even more successful with online business. The online section of Wal-Mart was founded in 2000 (para. 2). The goal of Wal-Mart is that satisfaction of the customer, which was the purpose for creating the online store.
An advantage of having a business that offers both in store locations as well as on the internet is that the customer does not need to leave home to make a purchase, but can if needed. Another advantage having an internet business is that the company can sell items only on the internet in order to make more money, because of shipping costs.
A disadvantage of having a business online is that there are a lot of people who would rather see items before purchasing. Another disadvantage is offering security for purchases. The internet is not the most secure way of making purchases, so it is important to have the option for the customers who are skeptical about internet purchases.
There are many risks of having an internet business, as well as purchasing from and internet business. One major risk for both customers and businesses