WHAT IS E-COMMERCE?
E-commerce means electronic commerce in which commercial transactions or a type of business that share information across the internet. E-commerce consists of buying and selling of products or services over the internet or any other network. E-commerce development has expanded rapidly over the past five years and it continues to expand like this only because nowadays everyone loves to do all the thing in front of the internet.
There are three types of electronic commerce:
- Business to Business Electronic Commerce
- Consumer to Business Electronic Commerce
- Consumer to Consumer Electronic Commerce
In B2B, it takes place between two trading companies where they sell their goods and services as per their demands through the online marketing.
In C2B, the consumer is the king of the market. In this consumer can sell their product and services to different companies. The consumer always needs a specific product because of their experience and taste according to need of the time.
In C2C, it usually works under consumer to business to consumer method because no two consumers directly exchange their goods and products but, they need some practice group to act as mandatory.
Some E-commerce websites are eBay, Flipkart, Olx, aukri.com etc. The main advantage of an E-commerce website is that it has no restriction to time they allow their customer to access it 24 hours.
What Is E-Commerce Development?
E-commerce development is a special type of online business which allows them to conduct the traditional business and commerce digitally. For doing E-commerce one has to have E-commerce website and to have successful E-commerce development we have to follow some rules:
- Keep registration processes simple and cost less for buyers.
- Don’t add to many registration forms it may cause irritation among people.
- Security is very important for E-commerce development because no one wants their credit card number to be stolen.
- People love transparency so there is no hidden cost. Everything must be clear and in front of the user when doing E-commerce.
- Always bought or download good E-commerce software like magneto, fortune etc.
