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Ecommerce development


By: Michael Roberts   
Date Added : July 2, 2011 Views : 449


Ecommerce= Ecommerce is basically known as Electronic commerce and it is also called e-business. It is a technology for buying and selling products in online process with the help of internet. For transaction's life cycle ecommerce uses www(world wide web).

Ecommerce allows consumers to electronically exchange goods and services with no barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In the near future the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet.


 


Ecommers are basically divided in three categories= i)B2B, ii)B2C and iii)C2C.


i)B2B= A Business to Business (B2B) marketplace is an Internet marketplace where exporters, importers, traders, brokers, manufacturers, wholesalers, retailers, and other business communities from around the world meet for buying and selling. B2B e-commerce is an acronym for business-to-business, a type of e-commerce involving a transaction from one business to another via the Internet. B2B helps the trade in reducing the costs on procurement. This will result in increase of productivity in business to business transactions in import & export and global sourcing. Increase in orders due to ecommerce indirectly gets more discount offers from the manufacturers. Ecommerce facilitates auction and helps in liquidation in business to business activities. It helps in exchange of assets and in global sourcing.


ii) B2C is known as business to consumer, it is also referred as a transaction between a company and a consumer or we can say "a company that provides goods and services to consumer".  B2C often refers to the online selling of products, which is known as e-tailing. E-tailing products to consumers may be conducted by either manufacturers or retailers. B2C ecommerce is much more advanced and competitive than b2b ecommerce. Consumers normally have a a large number of choices, and so sites have to be fast easy to use and quick to navigate. The focus is now on attracting, retaining customers and increasing the profitable sales.


iii) Consumer to consumer (c2c) is a process by which a consumer can interact with other consumer through online process. C2C is an electronic Internet-facilitated medium that involves transactions between consumers utilizing a third-party. The C2C website provides platform for buyers and sellers as a Marketplace. Thanks to the different online payment systems like PayPal, Authorize.net etc., where people can send and receive money online with ease


Micheal Roberts is a SEO Specialist and entrepreneur in online marketing business.He writes article in different subjects.His job is to write article and post it.For more information on Michael Roberts please contact him michael.roberts129@gmail.com

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