All About Ecommerce


1.What is Ecommerce or Electronic commerce.

E-commerce or electronic commerce is the most common and Easiest way to earn money through the internet. In simple words, e-commerce is a business model, an online shopping store that allows you to sell and buy a product over the internet. The different types of Ecommerce are Listed below:

Types of E-commerce

  • Business-to-business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)
  • Consumer-to-Business (C2B)
  • Mobile Commerce (M-Commerce)
  • Business-to-Administration (B2A)

Each time individuals and companies are buying and selling products and services via the internet that means they are engaging in e-commerce. Every imaginable product and service is available via eCommerce transactions, like books, tickets, online auctions, internet banking, and financial services as well.

2.Classification of E-commerce according to what they sell.

Let me introduce you to products and services typically sell online.

a. Online Stores of Physical Products

Stores that sell physical products and goods are typically online retailers. Clothing, tools. electronic accessories, furniture all are examples of physical goods. Consumers find a product of their interest by visiting the website of the retailers directly or by searching. When the customers have made a purchase, the store delivers their products right at their doors. the best example of these stores are given below:
  • Walmart.com
  • Etsy.com
  • Warby parker

b. Service-Based Retailers

Here are the service-based E-retailers platforms, service-based e-retailers provide services to their customers, The process of hiring educators, freelancers, and consultants through online platforms is called a business with service-based e-retailers. here the consumers who want to buy services from these platforms must place an order to their sites before the seller deliver their services. fiverr.com is the best example of these kinds of e-retailers.

c.  Digital Product's Stores

In these kinds of stores, you can find and purchase digital products through the internet. What is a digital product? The term digital product refers to all items that are in a digital format like online courses, e-books, software, graphics. The best example of these kinds of stores is Canva pro, the graphic design platform where you can buy graphic design assets, like social media templates, videos. On the other hand, Amazon kindle is a platform where you can buy audiobooks.

3.What are the main advantages of E-commerce 

There are many benefits of E-commerce, no need for any huge investment in physical business setup, In the physical business setup we have to invest more and more like paying a rent of a building or hiring the staff to control our business, that's why starting a business online is the best way to earn money and saving millions of dollars. let's look at some of the biggest ones:

a. Convenient

  • E-commerce is more convenience, means e-commerce makes purchase simpler, faster and less time-consuming. allowing 24-hour quick delivery and sales. almost anything can be purchased via E-commerce.
b. Personalization

  • E-commerce allows them to personalize the product offered and make suggestions for other products that they might find interesting. E-commerce also improves the customer experience by making consumers feel understood on a personal level.
c. Minimize Expense

  • There is no physical business setup required. Digital sellers can launch stores online with minimal startup and operating costs as well.

d. Accessibility

  • Consumers can easily find these companies through the internet at any time anywhere.

4. Some pretty major examples of  E-commerce that you might have heard of.

Examples of E-commerce or electronic commerce are listed below:
  • Amazon
  • eBay
  • Flipkart
  • Myntra

5. Is Starting Business as Ecommerce a good Idea?

Yes, Starting a business as eCommerce is pretty good. Low investments, faster and easy way of selling products and services through the internet, Earn huge revenue. Working in eCommerce exposes you to all expects of business, it also helps you to learn managerial skills that you can use in other fields. how to become a successful person in eCommerce?

Here are some e-commerce marketing skills that drives you to success
  • Writing and content marketing is a very essential part of eCommerce.
  • Online communication abilities.
  • Data analysis is a process of understanding and collecting data that have an impact on your online store and makes decisions to drive more online sales.
  • Testing is the process of finding errors, it also helps to ensure software reliability and software quality.
  • Web designing and content designing is also a good strategy to convince the consumers to make a purchase. Web design, content design, fonts, graphics of your eCommerce store attract your visitors and increase your audience.
  • Advertising strategy also helps you to increase consumers and your profits, all is done by a little investment.
  • Email marketing also plays an important role in the E-commerce business. Email marketing is a process automatically delivers personalized messages when user takes action on your site. Targeting the right customers with personalized ads or messages are also helpful in increase your business.