E-commerce: Important Economic Tool

E-commerce has changed the way people operate in business nowadays. It is now a modern way of carrying out business activities through buying and selling of goods and services through the internet. Previously it was not been very common but now it has become one of the effective tools in the business community.

The appreciation I have for e-commerce comes when one can access goods and services in the comfort of his or her home. E-commerce helped most economies not to shut down completely during the Covid-19 pandemic since people could sell and buy electronically. Most companies and individuals could acquire goods and services through the internet and I believe that even after the era, some companies will keep on adopting the online way of carrying out business activities. People could and can still buy goods through Alibaba.com or Be-forward.

E-commerce is of vital use even in the education system where lessons were and are still done online. Some schools like Christ Ministries High engaged in online lessons which benefited the learners a lot. They could do everything online e.g. writing tests and assignments and upload on the platform for marking. Discussions are also done online and this led to the school’s survival during the Covid-19 pandemic. E-learning helped learners a lot in the preparation of Cambridge and ZIMSEC Examinations.

Global marketing is done through the internet (e-commerce) and this is an important tool for the commercial injection into the economy. Business gurus find it more interesting operating effectively and efficiently and may be able to offer 24-hour services.

In conclusion, adopting e-commerce leads to the success of an economy in all sectors be it education, banking, health and many other. It proved to be very important in time of lockdown. As for me, I will depend much on e-commerce.