Exploring Opportunities: Overcoming E-Commerce Challenges for Small and Medium-Sized Businesses in Developing Countries

Abstract

Small and medium-sized businesses have a significant impact on the economic development of a country. Also, the development of a global market without barriers can provide many opportunities for businesses. In developing countries, e-commerce can be seen as an opportunity for SMEs to have the opportunity to compete with larger businesses, as well as to have access to identifying lower cost sources in the international market.

However, the levels of e-commerce development in SMEs turn out to be lower than the potential that this market offers. The acceptability of new technologies or discoveries is estimated to be lower, which may be a result of limited financial resources and lack of qualified staff. On the other hand, it is estimated that small and medium-sized businesses have a high contribution to the development of a country, so their orientation to new trade patterns is important; for their performance, as well as for the development of the country.