Which Ecommerce Solution Is Considered As the Best for Ecommerce Development?

The evolution in the field of Internet Technology has influenced the web industry to the great extent. Nowadays, people prefer to shop online because of the fact that flexibility is associated with this. Owing to this, merchants are also showing interest in selling their products online. This helps the merchants to take their business to the new geographies.

The market scenario has also enhanced the demand for the e-commerce websites. The most challenging question in this regard is which tool we should use for e-commerce development. As the world is competitive, there are many e-commerce website development tools available in the market. So, it is tough to select anyone for e-commerce website development. In order to pick the tool or application, it is better to analyze some of the available tools.

One very popular e-commerce tool is Wocommerce. It is basically a plugin which is used in WordPress for e-commerce web development. The plugin has inbuilt features through which it provides online store along with other attributes like inventory details, price, stock list, registration page, cart page, etc. The plugin is very easy to use. Its installation & activation is enough to transform your website into an online store.

Another very popular e-commerce solution is Magento. It is considered as the best e-commerce platform due to the fact that it offers all the attributes which are needed in an e-commerce website. From showcasing a product to an online transaction, all the things are provided in this tool. It allows some of the notable features like inventory management, shipping & supplier management, clubbing of products, etc. It helps the business owners to have complete control over the flow of content. Moreover, you need not to be a coder for that purpose.

Another name in this list is Opencart. It is relatively new e-commerce solution as compared to the ones mentioned above but recently it has gained huge popularity. This is so because of the fact that it is reliably easy to use. All you need is to install the application, select the theme and upload the products to start accepting payments. Moreover, it supports different languages.

Another very reliable e-commerce web development platform is Shopify. It is perfect for those who want to start their online store quickly and at affordable rates. It is a fully hosted platform and you get the flexibility to have full-scale customization.

These are few powerful e-commerce web development platforms. Selecting a platform is surely a difficult task because of the fact that every platform has few pros & cons. For merchants, it is recommended that first of all, they should understand their requirements. Based on the requirements & budget, they should select the development platform.

Importance of Branding for E-Commerce Businesses

E-commerce businesses are becoming a reliable way to buy products online. Branding plays a direct role in improving chances of e-commerce business success. An increasing number of global customers are switching to e-commerce sites to purchase everything from groceries to apparel, and electronics to lifestyle products. The e-commerce industry has completely transformed the way in which consumers around the world access products and services. It has suddenly brought a world of options to the fingertips of end users. The future seems bright for the e-commerce industry, with major players branching out into newer product categories frequently (thus setting the standards for smaller brands).

For e-commerce businesses, things are going well enough, but the competition is also fierce. New e-commerce brands are launching every day and persistently trying to get a foothold online. When it comes to branding, e-commerce companies are leaving no stone unturned. In this scenario, it is vital that you build and implement a high quality branding strategy for your e-commerce business.

Branding Strategies For E-Commerce Businesses

By having a result-oriented, effective branding plan for your e-commerce business, you can stand out amongst your competitors. To achieve that, you must determine what makes your e-commerce business a unique player in the industry. Are you offering high quality products at the best available rates? Do you organize regular discounts and offers for your customers? Are you adding new product categories to meet more customer demands? What are the factors that would convince customers to choose your brand against others? E-commerce business owners must strive to highlight the unique selling points of their brand. Only then can an e-commerce brand be boldly promoted to larger audiences.

As an e-commerce brand, you have to be at the forefront when it comes to attracting product vendors as well as consumers to your e-store. Vendors would be interested in using your marketplace, if it has a strong brand that keeps providing value to customers. The number of sellers and customers you bring in to your network depends on the strength of your e-commerce brand, and how well it delivers on its promises. If you are intelligent in your branding, and consistent in your service quality, your e-commerce brand can achieve considerable success.

E-commerce branding, like all branding, is influencing the perception of your brand and its services, in the eyes of the customer. Effective e-commerce branding will make marketing easier, retain more customers, drive up loyalty, and create better potential value for steady, long-term success.

The way you must approach an e-commerce branding strategy is by highlighting some key points. With branding, you must uphold your business’s core mission, the problems you aim to solve for your customers, standards that it adheres to, and proof of the quality of services you provide. What are the factors involved in business branding and their importance?

E-Commerce Branding – Methods and Importance

1. Your Brand Image – A stellar, uniquely identifiable brand image helps customers attach value to your e-commerce brand’s personality. This includes various things such as logos, banners, taglines, marketing captions, social content etc., which should always represent your brand the best. This is quite important if you want to create value for potential customers and convert them into loyal customers. A good brand image goes a long way in retaining customers, by continually generating interest for your e-commerce brand’s offerings.

2. Customer Satisfaction – Customers are everything, when it comes to e-commerce or any other type of business. You can actually enhance customer experiences and drive up satisfaction (and loyalties). This is a big part of establishing your e-commerce brand. Put your best foot forward while marketing, deliver on your promises you make, and provide unmatched service and support to enhance your brand’s potential value. Remember that satisfied existing customers can and will bring in newer customers to your e-commerce business. Maintain your integrity and keep reinventing to bolster your brand’s chances of business success.

3. Find Your Unique Selling Proposition – As an e-commerce business owner you must determine the USP of your brand. This will help you brand and promote it better to larger groups of potential customers. Think about what sets you apart from dozens of competitors vying for true e-commerce glory. Is it your service quality or support? Is it the trust of your customers and your track record? Do you provide innovative offers, discounts and promotions on special occasions? Do you house the widest variety of rare products? You must determine why customers would choose your e-commerce site. What extra value can you offer to your potential customers that convince them to use your platform again and again? Find your USP and use it to strengthen your brand.

4. Utilize All Channels – Technological advances in the past decade demand that your e-commerce business maximizes its presence on all social, web-based and mobile platforms. More and more potential customers buy and sell through handheld devices, and almost all of them are on social websites. All your competitors are doing it, and so should you. It will help you make your brand easily accessible to larger audiences, which in turn will bring more conversions and significantly better revenues. Social and mobile should be the front and center of your branding strategy.

E-commerce sites can benefit from the above mentioned branding strategies. By using the concepts provide here, you can establish your e-commerce brand and take your business to the next level.

5 Reasons to Choose Magento to Develop Your E-Commerce Website

If we talk about all the e-commerce platforms available at the moment, Magento is the only name that comes to everyone’s mind because of certain reasons. Integration of Magento is the best choice for e-commerce business. It is the world’s largest platform to develop e-commerce websites. Hence, its popularity is increasing.

Here are the top 5 reasons to choose Magento to develop your e-commerce website-

1. Consumer Orientation

Magento has always been the most popular among developers because of its flexibility. Simple steps to checkout and customer oriented layout make it more popular among customers.

It also helps in increasing the customer conversions with two of its features; It supports wish listing and product comparison. Also, it has a mobile-friendly environment.

2. Search Engine Optimization

Magento is one of the best e-commerce platforms as far as SEO is concerned. It is very easy to build product pages for specific keywords or optimize URL for specific keywords or create high-quality snippets and images for the website.

In short, It is a one-stop solution for website optimization and improving marketing of the company. Magento helps in increasing reach towards all social media platforms.

3. Functionality

Higher the payment options are available for the clients, higher the functionality of the e-commerce site. Magento offers a huge integration as far as payment options are concerned.

According to the Financial planning and enterprise requirements, it is the best fit for e-commerce business.

4. Diversity

Magento becomes one of the most Diverse platforms as far as support, products, and services are concerned. Creating product directories and selling some products is fun with it, because of simplified customer navigation. It is also good with handling data of subscription for the products like e-book and newsletters.

Other selling actions such as applying the coupon code or offers are easy to implement. Further, the functionality of it also includes advanced level extension integration with the e-commerce site. Magento promises their customers to stay up-to-date with all the latest technologies and integration facility.

5. Simplified Administration

Administration of any website or e-commerce site is one of the most tedious tasks ever. Magento makes this task easier for everyone. Unlike other extensions, managing single site from a different domain is an easy task for it. We can run multiple sites using a just single server. Hence, using it, we do not need to have separate sites for blog and e-commerce systems.

CRM is also an easy task with Magento because of its customizable customer service and marketing tools. In case if we need any tech support, It has thousands of developers working 24/7 on different projects. Adding a blog to an e-commerce site using Magento will not create any significant impact on the size of any retail store’s website.

Conclusion

Magento is by far the most preferred e-commerce platform for any retail or wholesale business. It works well regardless of the size of the website or any webpage which is its specialty.

E-Commerce Website Design Trends You Can Observe in 2017

Website design trends relating to E-Commerce websites have been changing in sync with the ways customers shop. So, to survive in the competitive race, developers should design websites and consider the trends compiled below.

Responsive Design – Nowadays, many individuals prefer using their smartphones to search information. This implies that E-Commerce website designers should be developing sites first for mobiles and then for other systems. Ultimately, users who use cell phones would feel the difference once they start enjoying a mobile-friendly experience.

Conversation Bots – As the year passes by, chatbots or conversational bots would soon be converting the online shopping experience. This would help in understanding diverse requirements and handling inquiries immediately. The user interface that's supported by Artificial Intelligence would be used for communication as customers stop by the online marketplace. Due to a personalized service, everything would be way beyond the visitor's expectations.

Cinemagraphs – A year back, E-Commerce sites were known for GIF. But, with the passage of time, cinemagraphs would soon be dominating numerous sites. These are nothing but images which look realistic due to animation. Once posted on the landing page banners, customers would always be guided to visit the site at any instance.

Real-time Customization – In 2017, the online shopping experience would be taken to new level. This is because real-time customization would be emerging as an amazing E-Commerce trend. Entrepreneurs who have built an online presence can easily monetize through email campaigns, and newsletters. They would also be in a better position to enhance customers' experience.

Motion Animation – Motion Animation is a trend that would offer an excellent way of showcasing items. While business owners strive to deliver an exceptional shopping experience, visitors would notice the difference immediately. The design trend would play a role when it's required to showcase jewelry and fashion accessories in a better way.

Material Designs – Material design is nothing but a system that uses resources and tools for an extraordinary digital experience. As the year passes by, card-like formats, web development companies would embrace shadow impacts, eye-pleasing colors, transitions, and responsive animations. Everything feature would be highlighted for sorting out reviews for different items.

Vibrant Color Schemes – E-Commerce website design trends would be using unique color schemes to attract customers. As web pages would have been designed in bright color shades, the design idea would have been pertinent to the brand. Moreover, developers of an E-Commerce website development company would decide the color contrast depending on the target audience.

High-Quality Images – While images are always included during the development of E-Commerce websites, short duration videos are sure to enhance the appeal. Indeed, this would help in generating leads more than the expectations. On the other hand, sub-elements would be highlighted when professionals are designing high-quality images.

With the aforementioned trends, it's evident that individuals would always seek to buy items from an online store. Online shopping would soon be gaining popularity among people who are always busy in a hectic schedule.

Language Issues – E-Commerce Website Solutions

It is suggested that the only way to do business successfully in other cultures is to adapt to those cultures. The phrase “think globally and act locally” is perfectly describes this approach. The main step that an online business usually takes to reach their potential customers in other countries is to provide local language versions of their Web site. This means you will need to translate e-commerce Web site into another regional dialect or language. According to a research, customers are far more likely to purchase products and services from the websites in their own languages. Only about 400 million of the world’s 6 billion people learned English as their native language.

Researchers also analyses that only fifty percent of the content available on the Internet is in English and more than half of current Internet users do not read English. International Data Corporation predicts that by 2010, more than 80 percent of Internet users will be outside the United States, and 65 percent of electronic commerce transactions will involve at least one party located outside the United States.

Even many languages require separate dialects and multiple translations. For instance, Spanish languages spoken in Mexico, Spain and Latin America have different dialects. So, it is important to check and translates the differences between the spellings and word meanings. Usually, many companies translate their website pages. When the web company grows larger, they become more selective in their translation efforts. Some e-commerce websites have thousands of webpages with much targeted content; the web businesses operating those sites can discover the cost of translating all pages to be expensive.

The decision whether to translate a specific webpage should be made by the corporate department responsible for each page’s content. Remember, that the home page of an e-commerce website should have versions in all supported dialects and languages. E-commerce website pages designed for product information, marketing and brand establishment should be given high priority of translation.

Different approaches can be appropriate for translating the different types of text that appear on an electronic commerce site. For key advertising messages, the touch of a human translator can be crucial to capture subtle meanings. For more routine transaction-processing tasks, automated software translation may be a satisfactory alternative. Many of the companies in this field are working to improve software and databases of previously translated material that can help human translators work more accurately and efficiently. The translation services and software manufacturers that work with electronic commerce sites do not generally use the term “translation” to describe what they do.

Hire An eCommerce SEO Company For Online Business Success

The purpose of every business website is to promote its products and services online. However, eCommerce websites take this purpose one step ahead as it allows your site visitors to buy your products and services directly from the website. Search engine optimization or SEO for eCommerce websites is both the science and arts of getting your website ranked on the pages of search engines for a tactically defined set of keywords. As a professional eCommerce web promotions, internet marketing and SEO for eCommerce services company, reliable and popular SEO firms offer professional & affordable eCommerce SEO services.

Hire a professional SEO company that provides customized-tailor ecommerce SEO services that have been proven to boost the profitability of innumerable online business retailers. The on-page SEO services include eCommerce SEO copywriting services, e-retailer usability, and website design or crawler-friendly eCommerce web development. However, off-page ecommerce SEO services take in link popularity services, social media marketing for SEO and many other services.

Benefits of SEO for eCommerce Sites

An SEO company can help you look at the benefits of organic search engine optimization for eCommerce sites. Start small or go all out. Whatever your SEO budget, they can help you realize the power for organic search engine optimization.

  • Increase Organic Search Visibility
  • Enhanced Brand Value and recognition
  • Increase Sales while reducing Marketing Expenses
  • Get Sustainable High Rankings on Profitable Keywords
  • Get Better On-Page Usability

Lots of eCommerce website owners often forget the basic rule of SEO that is "Content Is King" and simply copy content from other websites or sources without knowing that search engines such as Google can spot plagiarized content easily, and more importantly will penalize your website for duplicate content. Beside, ensure the originality and uniqueness of the content. They can stand your eCommerce site apart from the crowd by building keyword-rich content with compelling category landing pages

They Will Help Your eCommerce Website:

  • Remove copy content issues
  • Build unique keyword-rich content
  • Create strong inbound links
  • Organize content, navigation and URL structure for improved indexing and search crawl-ability.
  • Enhanced conversion rates, and much more

Another mistake that poor site structure is another mistake that eCommerce sites make, not within the on-page content. For instance, an average WordPress theme is not always adaptable & adjustable for eCommerce reasons without problems. So as to create these themes eCommerce-ready, you need to look under the hood as well as tweak the theme settings. They can create a custom WordPress theme design, particularly for your products, and SEO hits build accurate into the technical structure of the site.

E-Commerce Upsells And Cross-Sells Strategies That Actually Work

Upsells and Cross-sells are a very effective sales strategy that has been used long since these terms were intercepted. Brick and mortar retailers use it all the time and the strategy is even more effective in online stores. Why? Because of all the data and analytics, you can generate about a visitor with robust algorithms that tracks user activities as soon as a visitor lands on your e-Commerce website.

However, what many merchants seldom forget is the fact that these strategies are as good as how well these are implemented.

Read this post until the end to find out the best Upsell and Cross-sell extension available for top 5 E-commerce CMS solutions.

Let's begin by understanding the basics

What are Upsells and Cross-sells?

Upselling is the instance when a seller encourages the buyer to purchase a better version of a product being reviewed or shortlisted by the buyer, whereas in cross-selling, the seller invites the buyer to look at additional products in association to the intended product purchase – trying to do a bundled purchase, in turn increasing the cart value of the customer.

Why Upselling and Cross-selling important for E-commerce business

The blunt answer is to increase sales.

What one really needs to understand here is that these strategies are not meant to clear up your stocks and get countless orders. These are most effective when used to help customers win by helping them make the most value for money purchase.

If done correctly, it can:

  1. Increase customer retention.
  2. Increase average order and customer value over time.
  3. Increase repeat buyers.
  4. Increase word of mouth marketing.
  5. And most importantly, increase sales

According to Marketing Metrics, it is 50% easier to sell to existing customers than new ones.

It's all about impressing your existing customers, retaining them and selling them while new customers get converted into this loop.

5 Tips To Do It Correctly
Whether you decide to Upsell, Cross-sell or both, what is important is to do it the right way. Do not use it as a tool that can generate sales, instead use it to deliver superior customer experiences.

Customers will only get frustrated if you increase the number of steps that take them to purchase a product by unnecessarily pitching countless alternatives or combinations. Whereas, they will be really impressed if you analyze their purchase patterns / interests and recommend something that they might have missed.

Graham Norton "Editor in Chief for Econsultancy" effectively summarized in his blog post how Godaddy and VistaPrint spoiled their checkouts with Upsells and Cross-sells by introducing 10 steps of Upselling and Cross-selling before a customer actually checks out.

Follow these 5 thumb rules before setting up Upsells or Cross-sells:

  1. Offer upsells or cross-sells that are genuine and makes sense when they show up. For example, if a customer is looking to purchase a new mobile phone, cross-selling a screen guard / phone case might be a good idea. On the other hand, if a customer searched for mobile phones in the price range of $ 500 and has added the cart a phone that has outdated hardware configuration, then you can upsell a better phone. The idea should be to provide better customer experience rather than cheap recommendations which a customer can see through.
  2. Setup customer personas to make relevant suggestions. This allows you to categorize your audience in different persona categories and then push suggestions based on that. Upselling and Cross-selling without pre-analyzed facts will never work.
  3. Always add some context while Upselling or Cross-selling by adding a short 1-2 line description of the reason for your suggestion. This establishes a sense of acknowledgment in the customer that you have done your website understands what the customer wants and is helping him make better purchases.
  4. Utilize cross-sell techniques mostly on the check-out page for recommending bundled purchases. This lets take advantage of the impulse purchase. On the other hand, suggest upsells before a customer picks a product as this will not spoil the customer experience of removing the product from the cart and then adding a new one again.
  5. Always keep the final price below 25% of customer's original cart value. Studies suggest that if the final cart value including upselling or cross-sell product goes beyond 25% of the original cart value then the customer will either ignore the suggestions or will simply abandon his cart.

Utilize these extensions for top 4 E-commerce CMS solutions:

  1. Magento – Automatic Related Products from MagePlaza ($ 199-lifetime license)

While Magento (one of the best E-commerce CMS in the market), already has the option to manually setup Upsells and Cross-sells, Mageplaza's Automatic related products extension take it a step further by using pre-set rules to establish relationships between displayed products and related items. The ability to setup unlimited rules for each product product makes this a must-have extension for your store if you are looking for a self-evolving product recommendation engine.

  1. Shopify – Product Upsell from BOLD APPS ($ 9.99- $ 59.99 / month)

Product Upsell is one of the most successful Shopify apps for setting up Upsells in a Shopify website. With over 500 reviews, this app is loaded with features and allows you to setup relevant upsell offers and add-on products based on customer's shopping cart content, total cart value or even a combination.

  1. WooCommerce – Beeketing Automated Marketing Suit (Free)

With 3000+ active downloads and over 238 positive ratings, Beekting is a complete marketing automation suite that lets you set up relevant upsells and cross-sells items for each product. In addition to this, the plugin allows you to setup sales gaming, the last step upsell and smart auto recommendation functionality to deliver a superior customer experience.

  1. BigCommerce – Unlimited Upsell by Unlimited Upsell (Free – $ 59.95)

8Upsells is a team that dedicatedly works to deliver upsell and cross-sell solutions. Their BigCommerce addon is a gem for merchants. It is easier to setup, provides unlimited upsells including different promotions based on different conditions. With over 60+ positive reviews, no doubt this extension is a great hit among the BigCommerce community.

Conclusion

An E-commerce store is always driven with the aim to increase sales and orders. With personalized recommendations that keeps the customer's requirements in perspective, you can increase your revenues and generate more customers and deliver a better experience. Setup a strong technological backend along it to manage your customers and sales effectively with the assistance of best e-Commerce website developers in India.

Which Platform Is Ideal Between Shopify and Magento for an E-Commerce Website Development?

E-commerce websites are the ideal junction of buyers and sellers. Businesses and sellers now do not need to worry about how to expand their products and services to the maximum audience as websites are accessible beyond boundaries and customers can also buy their choice of products by placing an order from anywhere at any time.

The craze of e-commerce websites has led to the rise of a challenging situation among the developers to choose from thousands of e-commerce platforms available in the market. The primary condition of an online store is to develop the proper functionality to make the site user-friendly.

While so many options available in the market, developers are in praise for two most trending platforms Shopify and Magento for developing online retail websites.

Let's focus on some in-depth characteristics of these two platforms that make them unique among others.

Shopify

Advantages:
• Shopify is considered as the most reliable e-commerce website for building an easy to use online retail website.
• Shopify offers easy coding in HTML and CSS.
• Website built on Shopify platform is user-friendly with easy drag and drop interface and many such simple features that offer the user a seamless user experience.
• Shopify powered e-commerce sites offer the customer uncomplicated experience in buying and checking out.
• Shopify takes few minutes to set up a complete e-commerce store.
• The platform is ideal for non-technical people and small businesses as it is a hosted platform one do not need to update the modules or worrying about the technical complications.
• With the simple interface, Shopify offers the retailers to easily create and manage categories, to add products without causing any major complications.
• For SEO optimization Shopify is the ideal among all other platforms in the market. It offers the SEO professionals to edit 'title', 'tags', 'meta description', 'pages' etc.
• Shopify offers 24 * 7 active customer support. Customers with issues can reach the support team anytime through e-mail, chat, and phones.
• Retailers also get guided by Shopify to keep their website in a good form.

Disadvantages:
• Although Shopify offers more than thousand themes and templates but the price range of premium theme is quite high.
• The advanced plan of Shopify though provides the retailers to make promotions and offers, the basic plan does not support discount and sales.

Magento

Advantages:
• Magento is ideal for tech-savvy online retailers for creating unlimited opportunities.
• Magento offers the retailers to manage the servers on their own where they can make changes according to the requirement.
• Magento offers the most cost-effective options in choosing themes and templates which are quite a user- friendly and responsive to any designs.
• The basic version of Magento helps in making better sales by offering cross-selling, up-selling and product comparison features.
• Magento is extremely SEO optimized.
• Magento is ideal for large businesses and requires a one-time investment on server and store development.

Disadvantages:
• For non-technical people choosing Magento is a total thumb down as the platform is not that user- friendly.
• Magento is free but one may have to bear extra cost for the plug-ins in addition to paying monthly fees to the hosting provider.
• The major drawbacks of Magento are the lack of active customer support system. One may find it difficult to resolve technical issues or may have to partner with a Magento forum or may have to resolve the problem on their own.

Developing an attractive and user-friendly e-commerce website will always be the priority for the developers and engineers and choosing the right platform is the ultimate key to whooping success in online retail business.

The Best Marketing Mix for E-Commerce Businesses

Before getting into the nitty-gritty of marketing mix for e-commerce businesses, one should get to know what a marketing mix stands for. A marketing mix is ​​a combination of factors that can be controlled by a company to influence consumers to purchase its products.

Below mentioned are some factors that are the key ingredients to a successful marketing mix: –

User Experience

In digital marketing there is no luxury of in-person conversation, so the only thing you can do is to fill in the gaps in the customer experience with a great user experience. The rise in smartphones has changed the way people view, buy and interact online. So it becomes necessary for an e-commerce business to optimize its site for smartphone devices, so as to convert prospective viewers into customers. As user experience is an important step in a robust content strategy, it has to be done right. Otherwise, the whole strategy will come toppling down before it's even takes off.

Content

A good content is not about embedding keywords, it is about making it understandable to a prospective customer. It not only helps in selling your business but also your expertise and products. Content writers have to write in a conversational tone, anticipate user's questions and needs, and give more emphasis on long-tail keywords.

Search

If you want your business to flourish, search engine marketing and search engine optimization are necessary for the discoverability of your business. Knowing how to make your website searchable should be your first priority. Every search engine has its own algorithm. The web page you create should have all that is required in that particular algorithm.

Social Media

Social media presence is pertinent for every e-commerce business. With the rise of Facebook and Google, social media is an area which can not be snubbed. Recently, Facebook declared India as its largest market with more than 241 million active users, more than the USA. A newspaper advertisement might get you in touch with, let's say, 500-1000 people, but a simple post on a social media site can get you in touch with millions!

PR and Publicity

Before social media, PR and Publicity were the only ways of selling your products. And it is still going to be there for a significant amount of time. PR can be a huge asset for small businesses. It can be very successful in terms of increasing brand awareness. While modern marketing has certainly changed the best practices, one thing has remained constant: there's always an opportunity to tell a better brand story to a larger audience. As a result, PR can play a powerful role in content marketing for the foreseeable future.

4 Categories of Ecommerce

Ecommerce or electronic commerce is transactions or other terms of sale that are performed electronically. This involves purchasing, selling, and exchange of goods or services for the exchange of money using computer networks such as the Internet. Opposing to the popular belief, ecommerce does not only exist on the web. In fact, ecommerce already exists and do well in business-to-business transaction since the 70s via EDI (Electronic Data Interchange) through VANs (Value-Added Networks). Ecommerce can be further broken into four main categories B2B, B2C, C2B, and C2C.

• B2B (Business-to-Business)

B2B definitely deals with companies who are doing business with each other. An example of this is manufacturers who are selling their product to distributors, and the wholesalers are selling it to retailers. Thus, the pricing can be based on the number of orders and is frequently up for grabs.

• B2C (Business-to-Consumer)

Business-to-consumer typically involves selling products and services to the general public or consumers through the use of catalogs utilizing shopping cart software. B2B can easily earn a lot of money; on the other hand, B2C is what really in mind in an average customer when it comes to the ecommerce as whole. With the help of ecommerce, you can easily purchase many things at time without having human interaction. An example of these if you are having a hard time finding a book, when you need to purchase a customized, high-end computer system, or finding a first class, all-inclusive trip to a tropical paradise island. So, ecommerce can help you purchase the products all at the same time.

• C2B (Consumer-to-Business)

An example of C2B is when a consumer posts his projects or assignments in the Internet and web site. The consumer sets a budget online where within hours many companies reviews the requirements needed by the consumer and then bid on the project. It empowers the customers around the globe by providing the meeting ground and platform for that certain transaction.

• C2C (Consumer-to-Consumer)

A very good example for C2C is the eBay. It is where consumers sell their products to other consumers through bidding. Thus, the one who bids the highest can buy the product. Another example is the sites offering free classified ads, auctions, and forums where consumers can buy and sell products to other consumers. They use PayPal as a tool for online payment system where they can send and receive money with ease through online.

There is another form of ecommerce which is the B2E or Business-to-Employee ecommerce. Here, companies are using internal networks to offer their employees products and services online. It may not be necessarily online on the Web.

The other forms of commerce are the G2G (Government-to-Government), G2E (Government-to-Employee), G2B (Government-to-Business), B2G (Business-to Government), G2C (Government-to-Citizen) , C2G (Citizen-to-Government). These transactions mainly primarily with the government, from procurement to filing taxes to business registration to renewal license. There are still plenty of other categories that exist but then they tend to be superfluous.

Freelance Web Designer | WordPress Developer | Hong Kong