Home
E

E-commerce

E-commerce is the activity of buying or selling of products on online services or over the Internet.

Electronic Commerce is also known as e-commerce that consists of the purchasing and selling of products or services through electronic systems like computer networks and the Internet

In this modern world of technology, e-commerce is becoming a very significant option for many businesses as there are lots of companies that are interested in developing their online stores

With increasing demand for online purchasing, more and more businesses are moving to e-store from brick and mortar stores

In the US, more than 60% of people are purchasing goods online from the comfort of their home and this figure is increasing constantly

By considering this percentage, we can say that e-commerce is expanding tremendously because of its complete range of benefits that any industry vertical can enjoy

Today, e-Commerce has revolutionized the way companies are doing business

Now, consumers can purchase almost anything online 24*7 a day and get an ultimate shopping experience

Before you opt for an e-Commerce business, have a look on its comprehensive benefits that you can enjoy:

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

Because of its convenience, consumers can save their lots of time as well as money by searching their products easily and making purchasing online

Offer Product Datasheets:

Consumers can also get description and details from an online product catalog

For your customers, it is very much important to get information about the product no matter whether the time of day and day of the week

Through information, your customers and prospects are making decision to purchase your products or not

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

Comprise Warranty Information:

No matter whether you are looking to choose including warranty information with product descriptions and datasheets or providing it from within an ecommerce shopping cart, you need to make sure that customers must be aware of important terms and conditions that are associated with their purchase

Decreasing cost of inventory Management:

With e-commerce business, the suppliers can decrease the cost of managing their inventory of goods that they can automate the inventory management using web-based management system

Indirectly, they can save their operational costs

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 relationships

Competence:

For effective business transactions, e-commerce is an efficient and competence method

Setting-up cost is extremely low as compare to expanding your business with more brick and mortar locations

Very few licenses and permits are required to start-up an online business than physical store

You can save your lots of money by using fewer employees to perform operations like billing customers, managing inventory and more

Allow Happy Customers to Sell Your Products:

With lots of customers’ reviews and product ratings, you can easily increase your sells as new customers find that your products are good and effective

Make sure that you mention your clients’ testimonials, reviews and product ratings as such things can help your new customers to purchase your products

Selling Products Across the World:

If you are running a physical store, it will be limited by the geographical area that you can service, but with an e-Commerce website, you can sell your products and services across the world

The entire world is your playground, where you can sell your complete range of products without any geographical limits

Moreover, the remaining limitation of geography has dissolved by mcommerce that is also known as mobile commerce

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 mid-night

Economy:

Now, you don’t have to invest your money in the physical store, insurance or infrastructure as all you need is a wonderful idea, unique products and well-designed website to reach your precious customers to sell your products and services

We can say that this makes an e-commerce a lot more economical and reasonable

Boost Brand Awareness:

As like e-commerce business can help B2B organizations to get new customers, so it will be helpful for e-commerce businesses to boost their brand awareness in the market

Developing pages that can be indexed by search engines crawlers is one of the best ways to enhance your website’ search engine optimization and enhance the target audience on your site

Decrease Costs:

One of the most positive things about eCommerce is that you can decrease the costs of your business

Below are some of the costs that you can reduce by opting for ecommerce:

Advertising & Marketing Cost: If you opt for ecommerce, you don’t have to spend your money on advertising and marketing

However, organic search engine traffic, social media traffic and pay-per-click are some of the advertising channels that are cost-effective

Personnel: A complete automation of check-out, billing, inventory management, payments and other type of operational costs lower the total number of employees that you require to run your ecommerce business

Eliminate Travel Cost: Now, customers do not have to travel long distances to reach their desired stores as ecommerce allows them to visit the e-store anytime without traveling

With few mouse clicks, customers can make their purchase and have wonderful shopping experience

Offer Huge Information:

One of the best benefits of ecommerce for customers is they can get huge information that is not possible in a physical store

We all know that it is quite difficult to equip employees to respond to customers who are looking for information on different product lines

But ecommerce websites offer additional information to their customers without any hassle

All the given information is provided by vendors so that their customers find it easy to purchase products with information

Analytics:

We can say that business 2 business offers an excellent platform to organizations to launch their complete range of analytics campaign

Through ecommerce, organizations can easily calculate and evaluate sales effectiveness, customer effectiveness, marketing campaigns, product mix, customer engagement and more

Expand Market for Niche Products:

It is difficult for buyers and sellers to find each other in the physical world, but it becomes very easy for them with the inception of e-store

Customers can search their required products on the web and can purchase it from any corner of the world

No matter what kind of product customers are looking, they can find all types of products without any hassle

Scalability:

With effective ecommerce solution, you and your organization grow and scale easily to meet market demand as well as customer requirements by introducing different sales channels and reaching market segments

Ability of Multi-site:

With ecommerce platform, it becomes easy for businesses to launch channel specific and particular brand ecommerce website

This ability enables you to provide co-branded websites for your specific customers and allows for websites catering to specific international spectators

Related Proficiencies

FM

Facebook Marketing API

Build marketing automation with Facebook's advertising platform

FM

Facebook Messenger Platform

The Messenger Platform is your toolbox for building bots.

GA

Google AdWords API

The AdWords API allows apps to interact directly with the Google Ads platform, vastly increasing the efficiency of managing large or complex Google Ads accounts and campaigns.

[object Object]

Google Analytics

Google Analytics provides Enterprise-class web and mobile analytics.

[object Object]

Shopify

Shopify is a POS and e-commerce platform written in Ruby on Rails