WHAT IS E-COMMERCE? WHAT ARE E-COMMERCE WEBSITES?

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WHAT IS E-COMMERCE?

E-Commerce, also known as e-Business, or electronic business, is simply the sale and purchase of services and goods over an electronic medium, like the Internet. It also involves electronically transferring data and assets between two or more parties. Basically, it is online shopping as we ordinarily know it.

WHAT IS AN E-COMMERCE WEBSITES? 


E-Commerce websites are online portals that encourage online exchanges of goods and services through methods for the exchange of data and assets over the Internet. In the early days, e-Commerce was done partially through emails and phone calls. Presently, with a single website, anything and everything that a transaction needs, can be executed online.

DIFFERENT TYPES OF E-COMMERCE WEBSITES?

Different e-commerce websites are labeled or referred to differently, based on the function they fulfill.
source: www.google.com



  • Business-to-Business (B2B): Electronic transactions of goods and services between companies.
source: www.google.com

  • Business-to-Consumer (B2C): Electronic transactions of goods and services between companies and consumers.
source: www.google.com

  • Consumer-to-Consumer (C2C): Electronic transactions of goods and services between consumers, mostly through a third party. 
source: www.google.com

  • Consumer-to-Business (C2B): Electronic transactions of goods and services where individuals offer products or services to companies.
source: www.google.com

  • Business-to-Administration (B2A): Electronic transactions of goods and services between companies and public administrations.
source: www.google.com

  • Consumer-to-Administration (C2A): Electronic transactions of goods and services between individuals and public administrations.
source: www.google.com

IMPORTANCE OF E-COMMERCE

With the use of mobile devices and laptops increasing every day, there are a lot of advantages of e-commerce like –
  • Global market reach
  • A global choice for consumers
  • Short product/service distribution chain
  • Lesser expenses and estimating.

DISADVANTAGE OF E-COMMERCE

And there are few risks too with e-commerce –

  • Fraud and online insecurity
  • Data privacy issues
  • No testing or checking of services or products
  • Dependence on electronic technologies

WHAT MAKES A GOOD E-COMMERCE WEBSITE?

If you are looking to start and e-Commerce website, there are a few things that you need to understand and keep in mind to be successful in the game. Make no mistake, there are many online shopping websites out there, and the top few are such great brands that they control most of the overall industry.

 Top E-Commerce Websites- These are some of the most popular examples of e-commerce websites across the world

Amazon
eBay
Alibaba
Walmart
Taobao
Etsy

HOW TO PROMOTE E-COMMERCE WEBSITES?


 If you have a small business, you can concentrate on your location, like a city or state. You need to keep these pointers in mind to run your online store efficiently and successfully.



However, one of the most important steps when promoting your e-commerce website is having flawless site performance and design in the first place. Naturally, your website should have a neat, clutter-free, and user-friendly interface. Users should be able to find whatever they are looking for easily, be it pricing, images, carts, copy, etc.



Additionally, your website loading time should be as little as possible. Many performance issues, such as slow speed and frequent downtime could be avoided by picking a designated website hosting pack. If your e-commerce website is built on WordPress and WooCommerce, for example, choosing specialized WooCommerce hosting will ensure your site is as optimized as it could be.



If you have many photos, address a background removal service and ask them to place your products on a white background, add natural shadows, reflections or crop it to the proper size. People love to see what they are getting, and what they see is what makes them decide. If possible, include videos for important products.

As far as possible, if you are selling a product, do not charge for shipping, because, in most cases, that is a deal breaker. Always display the number of items in stock. You do not want to keep your customers guessing, or disappointed. Regularly conduct limited time deals, sales, and special offers. These things have attracted people before, and will always continue to do so. Recommend related products when a purchase has been made. A bundle offer is great and should turn out to be cheaper than buying different products separately.


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