as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what are the biggest challenges faced by e-commerce companies today?
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e-commerce companies face a number of challenges, including managing customer relationships, ensuring product availability and quality, dealing with increasing competition, minimizing fraud, keeping up with technology, and providing a seamless customer experience. additionally, there are challenges associated with distribution, logistics, payment processing, legal compliance, and data security. to be successful, e-commerce companies must have a well-developed strategy to address these challenges.
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