The term “electronic commerce,” or “e-commerce,” refers to a comprehensive system of trading that employs computer networks to acquire and sell goods, information, and services. Here are some drawbacks of e-commerce accounting;
1
Inadequate technical knowledge
Other barriers to e-commerce adoption include a lack of infrastructure, conflicting standards, and human aversion to learning new things. Many people in many countries have no idea how to shop online or use e-commerce.
2
High risk situation
Other barriers to e-commerce adoption include a lack of infrastructure, conflicting standards, and human aversion to learning new things. Many people in many countries have no idea how to shop online or use e-commerce.
3
Problems with fufillment
Shipping delays, goods mix-ups, and Websites that crash under load are all regular complaints. Customer trust in e-ability Commerce’s to deliver during peak buying seasons is still a problem.
4
Personalization is lacking
The lack of warmth in human contacts between the supplier and the buyer is the first major issue with e-commerce
5
Security
Security is still an issue for online businesses. Many consumers are wary of giving up their credit card information over the internet. The threat of credit card fraud is genuine for millions of potential cyber-customers. Before committing to a purchase, customers must have confidence in the process’s integrity.
6
Integrity of the system and data
Data security and the integrity of the data-handling system are major problems. Computer viruses are aplenty, with new ones being found on a daily basis. Viruses cause inconvenient delays, file backups, and storage issues, among other things. The threat of hackers gaining access to files and ruining accounts adds to the already stressful situation.
7
Vulnerability in business
The fact that a company’s product descriptions, catalogs, and other information are available on its websites makes it vulnerable to competition.