Showing posts with label E-Commerce. Show all posts
Showing posts with label E-Commerce. Show all posts

Saturday, April 22, 2017

E-Commerce Quick Guide

The commerce is overseen at its effect in the current business trends.
You can build a great network of audience when you enter into the E-Commerce. We need a perfect guide to initiate an E-Commerce business.

The E-Commerce Guide:
Have a proper business plan on what are all the products and services you are going to sell. Your online store should resemble the name of your business. Bring Your Business online with the best E-Commerce packages that suits your business.

Have a good plan to drive your business online. Get a proper Idea to build your E-commerce website. Be careful in your planning and make sure that the website looks professional with the advanced features. Be innovative to attract the audience.

Know about your competitors and audience. Design a best website interface. Ensure that the user experiences the appreciable user friendliness when they use your site. Showcase your products attractively with the high clarity images and branded products to attract the viewers. Make offers, offer discounts and coupons for the trending products in the online market to drive customers.You should promote your business in social media platforms like communities and groups. It will help you promote your business worldwide very easily.You should create a specific group for your business in social media and attract the people.

As in the case of online business, security is the major issue. So, make your E-commerce site fully secured with the advanced security options.Try to build a brand name with the perfect business drive, it will help you a lot to sustain in the online business market.

E-Commerce EDI

EDI stands for Electronic Data Interchange. EDI is an electronic way of transferring business documents in an organization internally between its various departments or externally with suppliers, customers or any subsidiaries etc. In EDI, paper documents are replaced with electronic documents like word documents, spreadsheets etc.

E-Commerce B2C Mode

In B2C model, business Website is a place where all transactions take place between a business organization and consumer directly.

In B2C Model, a consumer goes to the website, selects a catalog, orders the catalog and an email is sent to business organization. After receiving the order, goods would be dispatched to the customer. Following are the key features of a B2C Model

E-Commerce - B2B Model

Website following B2B business model sells its product to an intermediate buyer who then sells the product to the final customer. As an example, a wholesaler places an order from a company's website and after receiving the consignment, sells the end product to final customer who comes to buy the product at wholesaler's retail outlet.

E-Commerce Security Systems

Security is an essential part of any transaction that takes place over the internet. Customer will loose his/her faith in e-business if its security is compromised. Following are the essential requirments for safe e-payments/transactions:

E-Commerce Payment Systems

E-Commerce or Electronics Commerce sites use electronic payment where electronic payment refers to paperless monetary transactions. Electronic payment has revolutionized the business processing by reducing paper work, transaction costs, labour cost. Being user friendly and less time consuming than manual processing, helps business organization to expand its market reach / expansion. Some of the modes of electronic payments are following.

E-Commerce Business Models

E-Commerce or Electronics Commerce business models can generally categorized in following categories.

E-Commerce - Disadvantages

E-Commerce disadvantages can be broadly classified in two major categories:

  • Technical disadvantages
  • Non-Technical disadvantages

E-Commerce Advantages

E-Commerce advantages can be broadly classified in three major categories:

  • Advantages to Organizations
  • Advantages to Consumers
  • Advantages to Society

E-Commerce Overview

E-Commerce or Electronics Commerce is a methodology of modern business which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. E-commerce refers to paperless exchange of business information using following ways.

  • Electronic Data Exchange (EDI)
  • Electronic Mail (e-mail)
  • Electronic Bulletin Boards
  • Electronic Fund Transfer (EFT)
  • Other Network-based technologies