Demystifying Ecommerce
Demystifying Ecommerce
“The value of e-commerce is not in the ‘e’, but in the commerce.” – Octavio Paz
The term electronic business or Ecommerce is not far-off to Internet users. It refers to the buying and selling of electronic goods and services on the Internet and other computer networks. Although a high number of these types of exchanges are conducted online for virtual objects, some involve physical objects in one way or another.
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Business-To-Business (e-tailers)
These organizations that collect orders electronically and deliver them physically to your doorstep are commonly known as e-tailers. Electronic transactions can be conducted between two business entities; This is called Business-to-Business or B2B.
Business-To-Consumers
Examples of B2B can be suppliers of machinery, insurance, payment services, etc. Ecommerce can also be conducted between business companies and consumers, and it is called Business-to-Consumer or B2C. Examples of B2C include bookstores, web hosting services, etc. Then there are many examples available on The Internet, Ecommerce model that combines a street presence with an online presence.
When a customer connects to a seller's computer through the Internet, this type of business is called online shopping. Shopping online will often require the use of a shopping cart, software that allows you to exchange money online for products or services offered by the seller.
Key to success in the business
Ecommerce has helped create many new business models and is constantly evolving as businesses find new and smarter ways to reach customers. The key to success in Ecommerce is the process of customizing the online shopping experience for consumers.
Important!!
It is important to make the online customer understand that they are not just talking machines on the other side of the Internet and that they are having a decent involvement in that product that they would have if they were physically present; in store by speaking to a dedicated salesperson.
At first, Ecommerce was looked down upon, mostly for security, but today almost everyone does business online. The integration of Ecommerce into our daily lives makes life better every day. So tonight, when you watch this game on TV, you want pizza; Just log in and shop online soon. It will be at your doorstep.
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