Business People Club

The Pros and Cons of Online Commerce

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by HarmlessRose
As the Internet comes of age more and more people and buying goods online. This has becoming a growing trend that looks like it will continue to grow. But what are the pros and cons of buying goods online?

There are several things to consider. Let’s start with the pros. As competition for online business keeps growing exponentially the prices of goods are being driven down. This is to the benefit of the consumer. Another advantage to buying goods online would be the convenience. One is able to browse through several stores and several products with a simple click of a mouse. This gives the consumer more choice and a greater breadth of products. The third pro would be the ability to purchase products that may not be available in the local area through conventional stores. Utilizing programs such as Ebay, consumers can purchase products from Singapore to Rome.

The major con with purchasing goods online would be the security issue. With hackers and crackers becoming more and more advanced in their techniques there is always the risk that sensitive information such as credit card details will be stolen and used without authorization. Many online store have several security measures in place to combat this but not everything can be protected against. For instance many spammers send emails to private email accounts trying to trick people into revealing their credit card details. Some of these emails even pose as a legitimate company that the user may be familiar with lulling them into a false sense of security.

Buying goods online can be very beneficial, but at the same time it pays to be weary of these security issues, as to not fall into the many traps that are waiting for consumers out there. The best protection is education on the part of the consumer to be able to pick up potential scams.

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