E-Commerce website is an online activity where people can sell, buy and transact business online. On this platform buyer can choose and order the product. It also includes payment gateway & customer can pay online and get the product at home.
It also includes a catalog or brochure, search functions, stock control, delivery options and payment options that you want to have in your application.
Having an online business is an ideal choice to generate great revenue compared to other traditional means.
Why e commerce?
45% of all shoppers begin by using a search engine
65% of global Internet users research products online
85% of consumers will shop online if offered free shipping
Benefits of E-Commerce:
1.E-commerce can expand and improve business – When we think of e-commerce, we immediately think of selling online. We quickly realize the benefits of increasing revenue by supplying customers and prospects with valuable information at any time and providing them the opportunity to purchase online.
We also recognize how online ordering can cut costs significantly by reducing the staff .Additionally, we understand that the Internet allows companies to extend their reach and sell into new markets without incurring global headcount costs.
2.You can manage your inventory levels better. For example, an automobile manufacturer has its suppliers linked via the Web for online ordering. A supplier can place an order directly and can see immediately if the part is in stock or will need to be backordered.
– By putting valuable information on your Web site, customers can get answers quickly to most of their questions at any time of the day, from any location. Customer satisfaction soars when customers can get critical information at any time, from any location. It allows them to do business when they want to, not during the traditional 8 to 5 business day.
3.Attract New Customers with Search Engine Visibility: As we all know that physical retail is run by branding and relationships. But, online retail is also driving by traffic that comes from search engines. For customers, it is not very so common to follow a link in the search engine results and land up on an ecommerce website that they never heard of.
4.Convenience & Easiness:
For many people in the world, e-Commerce becomes one of the preferred ways of shopping as they enjoy their online because of its easiness and convenience. They are allowed to buy products or services from their home at any time of day or night.
The best thing about it is buying options that are quick, convenient and user-friendly with the ability to transfer funds online
5.Increase customer’s trust: A beautifully designed and creatively developed website generates trust for your clients. They know it very well that if you take care of your website with proper attention and actively than you must treat your clients with the similar technique.
6.Better Understand Your Customers :It’s difficult to build a customer persona when you’re running a mom-and-pop shop. You can get a rough idea of who your customers are, but it’s based on your perception rather than actual data. With an ecommerce store, you have the ability to track your customers’ buying habits. What products are they most interested in? When are they likely to buy? What motivates them? All of this information can be used to sell more efficiently to your customers.
7.Keep Eye on Consumers’ Buying Habit : The best thing is e-commerce retailers can easily keep a constant eye on consumers’ buying habits and interests to tailors their offer suit to consumers’ requirements. By satisfying their needs constantly, you can improve your ongoing relationship with them and build long-lasting.
8.Selling Products globally: If you are running a store, it will be bounded to the geographical region for which you can provide service, but on the other hand with an e-Commerce website, you can sell your goods and services globally. The complete world is your playground, where you can trade your whole variety of goods without any geographical restrictions. Furthermore, the remaining restriction of geography has dissolved by m-commerce that is also known as mobile commerce.
9.Save on Operational Costs : Running an ecommerce store can actually save you money. How? With a web-based management system, you can automate inventory management and decrease the costs associated with it. Also, running an ecommerce store doesn’t come with the same overhead costs as a physical store. The additional profit that is made from reaching more customers will offset any initial setup costs.
10.Stay open 24*7/365: One of the most important benefits that ecommerce merchants can enjoy is store timings are now 24/7/365 as they can run e-commerce websites all the time. By this way, they can increase their sales by boosting their number of orders. However, it is also beneficial for customers as they can purchase products whenever they want no matter whether it is early morning or midnight.
Types of ecommerce merchants
Stores that sell physical goods
These are your typical online retailers. They can include apparel stores, homeware businesses, and gift shops, just to name a few. Stores that sell physical goods showcase the items online and enable shoppers to add the things they like in their virtual shopping carts. Once the transaction is complete, the store typically ships the orders to the shopper, though a growing number of retailers are implementing initiatives such as in-store pickup.
Services can also be bought and sold online. Online consultants, educators, and freelancers are usually the ones engaging in ecommerce.
Ecommerce is, by nature, highly digital, Common types of digital products include ebooks, online courses, software,plugins & themes, graphics, and virtual goods.
Ecommerce web design is a matter of creativity, art, skill. Design of your online store can make or break sales. Since realizing this trend, it has become important to make vibrant and user-friendly shopping cart solutions. And with the rise of social and mobile commerce sites, your brand identity needs to reach online buyers through multiple http://channels.To develop a online marketplace, you need a focused & experienced best-in-class solution provider of ecommerce web development.With a team Of Experts We provide Ecommerce solution
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