Advantages and disadvantages of using e-commerce in Ukraine

Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 7, Issue

Abstract

Introduction. In today's harsh conditions on the market for domestic entrepreneurs it is becoming increasingly important to find the advantages of doing business over other competitors. The use of information technology tools is one of the methods to gain such an advantage and can be realized through the electron commerce which has been developing in recent years. The issue of the advantages and disadvantages of e-commerce for Ukrainian entrepreneurs has been paid insufficient attention. The purpose of the article is to identify the main advantages and disadvantages of using e-commerce at Ukrainian enterprises. Results. Under the e-commerce can be understood a set of information technology tools through which various business processes are implemented in order to profit. The advantages of using e-commerce were considered: significant time savings due to quick access to information and customers and no need to communicate with consumers personally; cost savings which manifests itself in reducing the cost of maintaining buildings and salaries of employees; possibility to create new types of services which are based exclusively on the interaction of the manufacturer and the consumer in an online mode: intermediary services, electron delivery, reference information service etc.; market expansion; no need for transportation; simplified taxation system for entrepreneurs; the ability to work without interruption. Also in the article the main disadvantages of using e-commerce are considered: lack of flexible interaction between the entrepreneur and the client; insufficient reliability of the system; insufficiently developed tools for promoting products or services; the need to use intermediaries to deliver goods; availability of information to competitors; possibility of violation of intellectual property rights. Conclusion. The use of e-commerce has both advantages and disadvantages but almost all the disadvantages are due to the relatively recent occurrence of such a concept especially in the practice of domestic entrepreneurs. It can be said that the advantages of using e-commerce are dominating over the disadvantages and therefore it is advisable to continue to develop this direction of business.

Authors and Affiliations

Kseniia Valeriivna Kovtunenko, Serhii Serhiiovych Andriichuk

Keywords

Related Articles

Local budgets as the financial base of social and economic development of the territory

Strengthening the role of local authorities in the formation and implementation of financial policies for the economic and social development of the territories calls for the expansion and strengthening of their financia...

The preferences’ analysis of outputs of domestic food industry enterprises to international markets

The issue of preserving the export potential and ensuring the stable functioning of the food industry of Ukraine are particularly acute, which necessitates the definition of strategic benchmarks in the field of foreign t...

Accounting and informational support of non-production costs for making managerial decisions and effective auditing

Introduction. A prerequisite for effective management and successful operation of any enterprise is the timely provision of complete and reliable information. Moreover, the basis of economic information is the accounting...

Methodical approaches to ensuring competitiveness of the domestic trade import enterprise on the Ukrainian market

Conditions of increase in competitiveness of the trade enterprise, which makes import activity and indicators of its assessment, are designated. Approaches to ensuring competitiveness of the trade import enterprise, whic...

Scientific and methodological approaches to understanding the concept of corruption in public finances

Legislative definition of the term «corruption» is analyzed in the article. According to the article two approaches of the definition of the corruption are analyzed – the scientific one and the official one. The analysis...

Download PDF file
  • EP ID EP674812
  • DOI -
  • Views 49
  • Downloads 0

How To Cite

Kseniia Valeriivna Kovtunenko, Serhii Serhiiovych Andriichuk (2019). Advantages and disadvantages of using e-commerce in Ukraine. Економіка. Фінанси. Право, 7(), 37-40. https://europub.co.uk/articles/-A-674812