Firs of all you have to know what is the E-commerce.
In this world all of the business type not only need a website but also is necessary to have e online shop to can compite in the market. We can make your inventory online and your can sell your items and product even if it is digital or services to your customers.
The term electronic commerce (ecommerce) refers to a business model that allows companies and individuals to buy and sell goods and services over the Internet. Ecommerce operates in four major market segments and can be conducted over computers, tablets, smartphones, and other smart devices. Nearly every imaginable product and service is available through ecommerce transactions, including books, music, plane tickets, and financial services such as stock investing and online banking. As such, it is considered a very disruptive technology.1
• Ecommerce is the buying and selling of goods and services over the Internet.
• It is conducted over computers, tablets, smartphones, and other smart devices.
• Almost anything can be purchased through ecommerce today.
• It can be a substitute for brick-and-mortar stores, though some businesses choose to maintain both.
• Ecommerce operates in four market segments, including business-to-business, business-to-consumer, consumer-to-consumer, and consumer-to-business.
As noted above, ecommerce is the process of buying and selling tangible products and services online. It involves more than one party along with the exchange of data or currency to process a transaction. It is part of the greater industry that is known as electronic business (ebusiness), which involves all of the processes required to run a company online.21
Ecommerce has helped businesses (especially those with a narrow reach like small businesses) gain access to and establish a wider market presence by providing cheaper and more efficient distribution channels for their products or services. Target (TGT) supplemented its brick-and-mortar presence with an online store that allows customers to purchase everything from clothes and coffeemakers to toothpaste and action figures right from their homes.
Ecommerce operates in all four of the following major market segments. These are:
• Business to business (B2B), which is the direct sale of goods and services between businesses
• Business to consumer (B2C), which involves sales between businesses and their customers
• Consumer to consumer, which allows individuals to sell to one another, usually through a third-party site like eBay
• Consumer to business, which lets individuals sell to businesses, such as an artist selling or licensing their artwork for use by a corporation
Providing goods and services isn’t as easy as it may seem. It requires a lot of research about the products and services you wish to sell, the market, audience, competition, as well as expected business costs.
Once that’s determined, you need to come up with a name and set up a legal structure, such as a corporation. Next, set up an ecommerce site with a payment gateway. For instance, a small business owner who runs a dress shop can set up a website promoting their clothing and other related products online and allow customers to make payments with a credit card or through a payment processing service, such as PayPal.
Ecommerce may be thought of like a digital version of mail-order catalog shopping.
Ecommerce has changed the way people shop and consume products and services. More and more people are turning to their computers and smart devices to order goods, which can easily be delivered to their homes. As such, it has disrupted the retail landscape. Amazon and Alibaba have gained considerable popularity, forcing traditional retailers to make changes to the way they do business.
But that’s not all. Not to be outdone, individual sellers have increasingly engaged in e-commerce transactions via their own personal websites. And digital marketplaces such as eBay or Etsy serve as exchanges where multitudes of buyers and sellers come together to conduct business.