E-commerce Service

 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.

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