Final answer:
E-commerce advantages: global reach, convenience, cost efficiency, personalization.
Explanation:
Four advantages of transacting business through e-commerce:
- Global Reach: E-commerce allows businesses to reach customers worldwide, expanding their market reach beyond geographical boundaries.
- Convenience: Customers can shop anytime, anywhere, making purchases with just a few clicks, enhancing convenience for both buyers and sellers.
- Cost Efficiency: E-commerce eliminates the need for physical stores, reducing overhead costs such as rent and staffing, resulting in cost savings.
- Personalization: E-commerce platforms can utilize data to personalize customer experiences, offering tailored product recommendations and promotions.
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