E-commerce Services
The online business industry is well
established in India. And, everyday some or the other new player is taking a
plunge. Though, a major contribution to its growth is provided by e-commerce
industry. Even so, not many understand the intricacies involved in e-commerceindustry.
e-commerce stands for electronic commerce. Dealing in goods and services through the electronic media
and internet is called as E-commerce. E-Commerce or E-business involves
carrying on a business with the help of the internet and by using information
technology like Electronic Data Interchange (EDI). It relates to a website of a
vendor selling or providing services directly from its portal to the customers.
They use a digital shopping cart system and allow payment through credit card,
debit card or electronic fund transfer payments. The e-commerce industry helps
in reducing costs in managing orders while also interacting with a wide range
of suppliers and trading partners. It also involves any form of business
transaction in which the parties interact electronically rather than by
physical exchanges or direct physical contact.
Concept of E–commerce in Bareilly
Multi product E-commerce – Some e-commerce portals provide almost all categories
of goods and services under one roof, targeting customers of every possible
products and services. Indian e-commerce portals provide products like apparel
and accessories for men and women, health and beauty products, books and
magazines, computers and peripherals, vehicles, collectibles, software, consumer
electronics, household appliances, jewellery, audio/video entertainment goods,
gift articles, real estate and services.
Single Product E-commerce – Automobiles sector portals providing selling and
buying of vehicles including two wheelers, comes under this. Stocks and share
market sites, also offers their services through these types of portals, with
options for comparisons and research. Other major industries offering their
products and services are real estate and travel and tourism.
Types of E-commerce
Business to
Business (B2B) – It involves the full spectrum of online business
occurring between two organizations, including purchasing and procurement,
supplier management, inventory management, channel management, sales activities,
payment management, and service and support.
Business to
Consumer (B2C) – Business to Consumer E-commerce refers to the
exchanges between Business and Consumer. It changes the traditional way of
doing business with customer by getting goods from Manufacturer/Retailer to the
consumer directly.
Consumer to
Consumer (C2C) – Consumer to Consumers involves transactions between
and among consumers. These transactions may or may not include a third party
involvement.
Consumer to
Business (C2B) – Consumer to Business is relatively a new model of
commerce and is a reverse of the traditional commerce models. Here, consumers
provide services or goods to businesses and create value for the business.
Business to
Business to Consumer (B2B2C) – This is a variant of the B2B2C model wherein there is
an additional intermediary business to assist the first business transacts with
the end consumer.
more information
contact no- +917599911117
website- https://digifoc.in/
