E-Commerce

 

                                      

 What is Electronic-Commerce?

Technology has allowed people to shop online. By using smart phones and other devices people can connect with different business and can make online shopping online.  

E-commerce is a platform where you can buy or sell products over the internet. The seller can be a company or individual. It can be done through laptop, mobile phone or any other smart device. You can almost purchase anything through e-commerce. Electronic commerce helps companies establish a broader market. E-commerce is very beneficial for small businesses.

Selling good’s and providing services are not very easy. It requires a lot of research about the product and services, the market and the audience. You must have a complete structure. You have to make a site for your business with a payment gateway.

E-commerce has changed the way of consuming products it means that people just order through their computer, mobiles or any other smart device which are easily delivered to their homes.

Best example of Electronic-commerce is Amazon and Alibaba. Many companies run their businesses from these plat-forms.

It is operated in four segments

  1.  Business-to- business
  2.  Business-to-consumer
  3.  Consumer-to-consumer
  4.  Consumer-to- business

Business-t o- Business:

In business to business there is direct sale of goods between businesses.

Business-to-Consumer:

Business to consumer involves sales between businesses and their consumers.

Consumer-to-Consumers:

Allows people to sell primarily through third parties such as eBay.

Consumer-to-Business:

It allows individuals to sell to business for example an artist sell or license his art work for use by a corporation.

Pros:

Ecommerce is convenient.

 It provides a wide variety of products and services.

Cons:

But Ecommerce has limited customer service. 

goods cannot be seen until delivered.

The facility of free shipping reduces cost per consumer and help to increase the popularity of Ecommerce industry.

Electronic commerce is good platform where you can run your business and earns profit.

 

 

Location: United States

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