Effects of e-commerce

Shops, banks, travel and entertainment companies have adapted to the InternetInternet : A global network connecting millions of computers. by developing websiteswebsites: Sets of web pages. that often do parallel business to their shops based in the high street. They can sometimes offer a discount for ordering onlineonline : Connected to the internet. as it reduces their costs.

The many effects of E-commerce include:

1. Distances are reduced. People can find even specialist shops in their living rooms on the computer.
2. Isolation is reduced. Banking and other services that used to be concentrated in the town are now available wherever an InternetInternet : A global network connecting millions of computers. connection is available.
3. Competition is encouraged. The Internet allows people to research their shopping or other needs very thoroughly, checking prices and product details.
4. Job availability. E-commerceE-commerce: Selling and buying things using the Internet. can take business away from local shops and businesses and so affects the availability of jobs. But many companies have also started and developed based on E-commerce alone. Others have developed it as a response to competition.
5. Increased convenience. For consumers buying on the Internet has become convenient and safe.
6. Increased dependence on the Internet. Now, both for companies and individuals, there is pressure to have Internet access to do everyday things such as submit orders or look up details in a catalogue. There are initiatives to make as many services available on the Internet as possible, including E-government, where government departments such as the Inland Revenue can be dealt with using secure websites.