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FUTURE OF E-COMMERCE, CHALLENGES AND SOLUTIONS

  • Unique Paper ID: 168718
  • Volume: 11
  • Issue: 5
  • PageNo: 1756-1764
  • Abstract:
  • E-commerce refers to the buying and selling of goods and services over the internet, along with the exchange of money and data to complete these transactions. Also known as electronic or online commerce, this sector is experiencing rapid growth in India. Exploring e-commerce is becoming essential for future business ventures. Forecasts suggest significant business expansion in this domain within our country. With the increasing number of online users and the widespread adoption of mobile devices, India’s e-commerce sector has witnessed remarkable growth in recent years. The surge in e-commerce has led to a significant increase in online businesses globally. Today, consumers increasingly prefer online shopping due to its convenience compared to traditional transactions. While e-commerce offers several advantages over physical stores, it is important to recognize the challenges and issues that these online enterprises encounter. This study focuses on the challenges faced by e-commerce and suggests potential solutions. Key issues include trust readiness, and security. For each of these challenges, proposed solutions are provided.
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 5
  • PageNo: 1756-1764

FUTURE OF E-COMMERCE, CHALLENGES AND SOLUTIONS

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