E-Commerce - Business & Scope in India
Published on: 2018-11-12 | Category: News | By: admin
E-Commerce is the short form of electronic-Commerce, means doing trading in products and services using the internet. In e-Commerce, peoples purchase and sale of goods or services via electronic channels, such as the payment networks and world wide web. Nowadays everybody chooses online trade due to its 24-hour availability, global reach and ease of customer service. E-commerce has got a booming over the past ten years and is predicted to increase its rate. At the present stage, there is a thin line between 'conventional' and e-Commerce trading and it'll gradually disappear as more and more businesses move the mode of their operations onto the Internet. In the digital world, it is very easy for consumers to shop around and choose the right product, at the right price. Now there is an option for comparing the price of any product with different eCommerce websites quickly and easily. In here we are the best web developing company in Kerala. We design all types of websites. We have the best web designers in Kerala.
There are mainly 4 types of eCommerce businesses. They are:
Business to Business (B2B)
Business to Consumer (B2C)
Consumer to Business (C2B)
Consumer to Consumer (C2C)
B2B is simply the eCommerce between businesses, rather than between a business and a consumer. Manufacturers selling to distributors and wholesalers selling to retailers is the ways of B2B. In eCommerce B2B businesses often deal with hundreds of businesses, either as customers or suppliers. These transactions are carried out by electronically which provide vast competitive advantages over traditional methods. E-commerce is much faster, cheaper and more suitable than the traditional methods of exchanging goods and services.
B2C or business to consumer is a mode of eCommerce which directly selling product or services to the consumer. E-tailing is the term used to refer 'selling products to consumers electronically'. Almost any product can be e-mailed. The major challenge faced by retailers and manufactures in a B2C online selling environment is to get consumer traffic to their website marketplace. But it can be overcome by SEO(Search Engine Optimisation) techniques.
C2B is the latest e-Commerce business-model. In which, individual customers offer to sell unique products and services to companies who are ready to purchase them. This business model gives business to customer. C2B is a product of two major changes in the business world. First one is, unlike traditional media- which are unidirectional- the Internet is bidirectional, making this type of relationship possible. The second is mainly due to the drop in the cost of technology means that consumers now have access to technologies such as powerful computer systems, audio & video capture systems and other digital technologies that were once the exclusive assets of large companies.
C2C is simply consumers to consumers, this model of e-commerce business allows individuals to sell and purchase their goods. There type websites mainly focus on used goods. Now social media websites are also used by people to sell products directly. In the Indian eCommerce market, we can find a lot of examples for the C2C websites such as and OLX.in, quikr.com, second-hand bazaar.in etc.