Businesses are increasingly modernized once they turn to online business. Some of them translate their business into fully online business. But there are fraudsters in the online business as well as in the traditional businesses.


Advantages of Online Business

  1. Long term cost
  2. Customization
  3. Availability
  4. Accessibility
  5. Adaptation
  6. Customer Data
  7. Customer Reach

Disadvantages of Online Business

  1. Startup cost
  2. Security
  3. Competition
  4. Trust
  5. Customer Satisfaction
  6. Technical problems
  7. Customer Support