E-commerce also can reduce transaction costs by streamlining supply-chain management and distribution. If a store expands its product selection online, more orders can be shipped from the warehouse or wholesaler directly to the customer. The store can now serve lucrative niche markets. Kibo Eclipse
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The internet has revolutionized business transactions by significantly reducing costs. Whether it's online shopping or transferring funds, digital solutions streamline the process. Just as professional fintech companies in New York leverage technology to enhance financial services, the internet has enabled faster, more efficient transactions, benefiting both businesses and consumers.