What is Ecommerce and Importance of Ecommerce for business


Posted November 6, 2014 by tisites

Electronic Commerce, commonly known as E-commerce. E-commerce was first introduced in the 1960 via electronic data interchange (EDI) and through value-added networks ()VANs).

 
What is E-Commerce?
Electronic Commerce, commonly known as E-commerce. E-commerce was first introduced in the 1960 via electronic data interchange (EDI) and through value-added networks ()VANs). E-commerce had changed of Amazon and eBay in the mid-1990c. In 1995, Jeff Bezo’s garage, first time Amazon started as a book shipping business. In 1995, eBay started selling the products online. Online E-commerce which means: purchase and sale the products via internet. Recently many online ecommerce technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems and automated data collection systems. Modern electronic commerce is using a world wide web for at least one part of the transaction's life cycle. Basically, Ecommerce Business can be divided into four different dealing ways:

(1) Business-to-Consumer
B2C- Business-to-Consumer represents trade between companies and the individual customers directly without any middle man interruption.

(2) Business-to-Business
B2B- Business-to-Business represents the electronic trade between companies.

(3) Consumer to Business
C2B- Consumer provides the services and work for a company by providing them individual work force by working for the company.

(4) Consumer to Consumer
C2C- This type of e commerce where individuals can buy and sell the products.

Importance of Online Ecommerce

Save time and effort
Everyone knows value of time, so clients save the time and effort by shopping online. E-commerce is best option to save time and effort because you can sell and buy anything online via E-commerce, you can purchase any product at any time, any where through the ecommerce websites. Customers only need to visit the website and can place orders at any time through online web sites and product to be delivered at your doorstep within 24hr to few days only. If You got less customers or no time to selling the product, you can now log on to the internet any time in the day and you can sell the product at a single click of mouse. E-commerce reduces delivery time and labor cost thus it has been possible to save the time of both – the vendor and the consumer.

Freedom of choice
E-commerce provide multiple options for the consumer. As the online E-commerce Website contains endless number of different products and items, services and users can enter from any location throughout the world, it thereby allows visitors the freedom of decision making power. there freedom of choice for the perfect products and the ease to buy the products. You can buy, sell and purchased the product through the freely choice of location in any country and they can fulfill the your all orders and delivered the your selected location. There is one-time alert system to inform the consumers about new products.

Flyers information
Maximum E-commerce website when you visit the their site and want the client keep in touch on their website, It ask you to register on their site as a member and encourage you to register. And they keep you following by sending periodical free news to your phone or mailing address. These news/ follow-ups are done only to get informed the members about their products & services offers. Regular follow up and news regarding the current and latest products keeps you in contact with the website and helps you to go and visit their site to at-least have a glance at the products and services.

Discounts and Reductions
Most of the E-commerce websites, to encourage the visitors implements certain the limited time offer and discounts on their products or services. Only to attract more and more visitors to visit the website and rather use their service to buy & sell the products through their website.

Company Name :- Target Internet Services
Contact Number :- 011-45719424
Website :- http://www.tis-ites.com/ecommerce-development.html
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Issued By TIS-ITES
Country India
Categories Internet
Last Updated November 6, 2014