E-Commerce Website Solutions
What is E-Commerce?
It is important to explain what e-commerce is when discussing e-commerce website solutions. E-Commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. E-Commerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.
Whereas e-business refers to all aspects of operating an online business, E-Commerce refers specifically to the transaction of goods and services.
E-Commerce has evolved to make products easier to discover and purchase through online retailers and marketplaces. Independent freelancers, small businesses, and large corporations have all benefited from E-Commerce, which enables them to sell their goods and services at a scale that was not possible with traditional offline retail.
E-Commerce Website Solutions – Types of E-Commerce Models
There are four main types of E-Commerce models that can describe most transactions that take place between consumers and businesses.
Business to Consumer (B2C)
When a business sells goods or services to an individual consumer (e.g. You buy a pair of shoes from an online retailer).
Business to Business (B2B)
When a business sells goods or services to another business (e.g. A business sells software-as-a-service for other businesses to use)
Consumer to Consumer (C2C)
When a consumer sells goods or services to another consumer (e.g. You sell your old furniture on eBay to another consumer).
Consumer to Business (C2B)
When a consumer sells their own products or services to a business or organization (e.g. An influencer offers exposure to their online audience in exchange for a fee, or a photographer licenses their photo for a business to use).
We take a look at the best E-Commerce platforms and how to evaluate which is best for your business needs. Highly Secure
Examples of E-Commerce
E-Commerce can take on a variety of forms involving different transactional relationships between businesses and consumers, as well as different objects being exchanged as part of these transactions.
The sale of a product by a business directly to a customer without any intermediary.
The sale of products in bulk, often to a retailer that then sells them directly to consumers.
The sale of a product, which is manufactured and shipped to the consumer by a third party.
The collection of money from consumers in advance of a product being available in order to raise the startup capital necessary to bring it to market.
The automatic recurring purchase of a product or service on a regular basis until the subscriber chooses to cancel.
Any tangible good that requires inventory to be replenished and orders to be physically shipped to customers as sales are made.
Downloadable digital goods, templates, courses, or media that must be purchased for consumption or licensed for use.
A skill or set of skills provided in exchange for compensation. The service providers’ time can be purchased for a fee.
Starting an e-commerce business is exciting. You get to choose your business name, create your logo and branding, and build your website. And while it’s easy to consider your needs now, it’s also important to think about where your business is heading and what other tools you’ll need.
Today, it’s not enough to simply choose the best online store builder. Savvy entrepreneurs look for the best ecommerce platform: an ecosystem of tools that seamlessly integrate, giving you complete control over every aspect of your business and the ability to scale as you grow.
What are E-Commerce Website Solutions?
What does great E-Commerce Website Solutions mean to you?
When you’re deep into E-Commerce comparison shopping, it’s easy to forget why you’re picking an E-Commerce platform at all. Do you really need to find the best E-Commerce platform? At the end of the day, there is no best choice for everyone. Instead, look for the right E-Commerce platform that allows you to serve your customers with the best E-Commerce experience that makes shopping online feel easy.
Beyond simply the best online store builder, think about the other business tools those platforms offer. It’s often beneficial to use a seamlessly integrated ecosystem, consisting of your online store, payment processor, POS, marketing automation and even small business lender. Shopify, for example, has an entire suite of tools that help you manage every aspect of your business, and an App Store with over 4,000 apps to help you customize the experience for your customers and your team.
SmartOffice Technology caters for the growing requirements of document automation and workflow solutions within the modern office. Effective automation software has become critical to thriving in business.