1. AdvantagesDisadvantages Increased competition New comersSlow adoption Increased customer base Cost effectiveServices Business

2. Advantages Increased costumer base Website A local store can have an international customer base Cost effective Physical shop Associated costs: Eg rent Electricity Gas Water Services Lend themselves to being advertised online

3. Disadvantages Increased competition - competition once limited to other local shops is now on an international scale. New comers – consumers may be reluctant to buy from a company they haven't heard of. Slow adoption – companies whose competitors already have an online presence may find it hard to gain market share.

4. Disadvantages Increased competition New comers Slow adoption International scale Not limited Consumers may be reluctant to buy from a company they haven't heard of Companies whose competitors already have an online presence may find it hard to gain market share.

5. Costumers Advantages Increased convenience Greater choice Cost effective Product details Customer reviews Disadvantages No human interaction Returning goods Fraud Stock issues

6. CONS Identity theftPrivacy Virus Protection Firewall Secure server Lock or key icon URL: "https" instead of "http. Data encryption

7. What do some people think? Electronic Payments Time consuming Logons and passwords to remember RISE IN POPULARITY Cheks and envelops Feel more familiarity Dont want to remember

8. Methods and Types Shop online at an e-commmerce site (Amazon) ETF One-time customer-to- vendor payment Customer-to- vendor payment Automatic bank- to-vendor payment

9. Banks Business Money transfer instructions Banks computer system Amounts transferred through accounts ETF

10. Amounts transferred through accounts Money transfer instructions Banks computer system Other banks / Businesses