In cases like this the government should create a simple legal environment where isn't goal is to ensure competition, protect privacy, prevent fraud, and facilitate disputes. Another important concept is that government should recognize the qualities of the Internet. Existing laws and regulations would only hurt electronic commerce and should be looked at and revised to keep up with the new electronic age. There are many benefits that Electronic commerce can provide for businesses. By doing business online, companies have been able to reach customers all over the world, therefore enabling them to expand their business and their profits.
Businesses can also collect information about their customers through the use of cookies.
The information obtained from the customers is extremely important to businesses since it allows them to target groups with certain advertising. This is better than going off of demographics. Another benefit that electronic commerce offers to businesses is reduced amount of overhead costs. A Company that does business on the Internet will have reduced overhead costs because it does not have to spend the same amount of money on buildings. Future Of Electronic Commerce Electronic commerce is becoming the big phenomenon that is changing the way we do business.