THE BENEFITS OF E-COMMERCE FOR BOTH BUSINESSES AND CONSUMERS

Abstract

Thanks to the rapid development of information technologies and systems, today's business is changing faster and faster, changing the way of interaction between subjects. For domestic companies, e-commerce is becoming a powerful tool for settlements with customers, expansion of sales markets for products and services, search for new partners and improvement of corporate image. Some business sectors are much more suitable for e-commerce implementation and, as a result, they have a higher level of development compared to other industries. Among them, we can distinguish trade in intangible assets, securities, banking services, development and implementation of software, provision of information services, distance learning and other areas.