Ever wondered how you are able to do online shopping? Or how the online business works? That’s Very Interesting To know!
If you’re interested in getting into the action and setting up your own ecommerce store That’s Will Double Up you Money!
The global e-commerce market continually expanding.
With Over 56% Americans and India 25% preferring to shop online, That Massive Thing.
Roughly 45 %of all internet users now use e-commerce sites and almost 1.8 billion people now buying online globally.
The online market is expected to grow by 56% in 2015–2020. Traditional markets are only expected 2% growth during the same time!
Here, If Traditional Market Come to Digital Then Most Probably have a chance to Double Up Income Even Store Retailer can Come Online
You just Need to Use Digital Marketing Method!
Now Let’s Understand E-Commerce World.
What is E-Commerce?
E-Commerce stands for electronic commerce and it refers to the online buying and selling of goods and services.
In Short, activity of buying or selling of Product and Services.
E-Commerce has seen an immense growth in the last few decades and has
created a market of billions of dollars. And yet it remains as one of the top forms of business!
E-Commerce can be started by a single individual as a small business or even by a renowned grown company.
TYPES OF E-COMMERCE
Now, there are several types of E-Commerce business in today’s world which are growing.
1) Business-to-Consumer (B2C)
It’s Very Easy To Understand. Can you Tell Me Example?
Hmm… It’s Right! – Retailers or Shops.
Yes When Shopkeeper sells You Product That Means B2C Business.
2) Business-to-Business (B2B)
B2B also Know As e-biz. Here, Business are selling there product or services to Business.
Imagine, Rina is Pharma Distributor in which she Distributes Medicine product To Retailers That Means She Sell Product To Other business.
Rina has Business and Retailers also have Business that Means B2B Business!
3) Consumer-to-Consumer (C2C)
Can Really Have Business In Customer to the customer?
Yes, Here This Types of Business really Exist! You can Try It.
C2C provides an innovative way to allow customers To Sell There Product with Another one.
Here, Customer can’t make his business. He just Makes temporarily ways to make Money!
citizen-to-citizen electronic commerce involves the electronically facilitated transactions between consumers through some third party.
online auction, in which a consumer posts an item for sale and other consumers bid to purchase it the third party generally charges a commission.
4) Consumer to Business (C2B)
If Customer sell Product To Business What Happen?
That’s Funny But, It’s Happen in E-commerce!
In C2B consumers create value (Product, service or Any Stuff ) and businesses consume that!
When Consumer Write Review That’s Useful For Business To Improve There Product.
Here, Consumer Sell Review To Business To make There Product Good!
Business Purchase Review!
E-Commerce also involves the services which are exchanged for money and hence the consumer attains skills without attaining any actual product.
E-Commerce has never-ending benefits which can be acquired by anyone anywhere across the globe and that’s what makes E-Commerce unique from the traditional business method!.
With that being said, there are also some disadvantages which are seen in online
business due to which it is avoided sometimes. These include-
1) Lack of interaction with the product
For example, if a person needs to buy a pair of shoes then he/she can’t wear it to decide the comfortable size whereas in a market
a person can thoroughly check out a product before buying which is certainly not
possible in the online market!
2) Lack of customer service
In online shopping, the consumer needs to be self-dependent in order to do shopping as there isn’t anyone online to guide you to buy
what you want.
(Some E-commerce sites Provide This Service still Not available In all!)
3) Less reliability
Due to numerous online market platforms, there are many sellers on
these platforms who sell fake or duplicate products with unreasonable price and exploit the customers which in turn degrades the online business.
Apart from these there also many other disadvantages which are faced by various
customers and it overall affects the E-Commerce market.
E-Commerce offers a great opportunity to individuals or small business owners to grow themselves without much of investment.
A person with right and consummate plan can definitely be successful in E-
This Post Just Overview of E-commerce i also Post More Blogs On E-commerce so Stay Tune with Us by subscribing Our News Letter and Follow Me On Social Media!