All About E-Commerce Website - Defining an E-Commerce will be a website that allows us to buy and sell tangible goods, products and services via online mode. Trade, be it barter system or buying and selling of products, goods or services has persisted for centuries. No one can be self-sufficient and this brings out the need for demand and supply. Exports, imports and transactions have continued to be going on across the world for decades, locally and to different locations, to make this easier and user-friendly, E-Commerce websites have come into being.
E-Commerce, also known as E-Business is where sale and purchase of products or services take place with the help of electronic devices and the internet. The history of E-Commerce dates back to the 1960s when organisations began to use Electronic Data Interchange (EDI) for transferring important documents of their business back and forth. With this, the 1990s era saw the emergence of online shopping businesses which is quite a sensation today.
With the introduction of E-Commerce websites, it has become so convenient that anyone across the globe can shop anything and everything from their bedroom with just a few taps. The advancements on smart phones have added fuel to the use of E-Commerce websites. Gone are the days when you had to go to stores to buy goods and services.
Based on the function and role they play, E-Commerce websites are labelled differently. Some of the types of E-Commerce websites are listed below:
Business-to-Business (B2B) - Sale and purchase of goods and services that take place between companies via electronic media. Example: business selling software to other businesses.
Business-to-Consumer (B2C) - Sale and purchase of goods and services that take place between companies and consumers via electronic media. Example: Buying essentials from an online store.
Consumer-to-Consumer (C2C) - Sale and purchase of goods and services that take place between consumers, with the involvement of a third party via electronic media. Example: Selling of old items on eBay or OLX.
Consumer-to-Business (C2B) - Sale and purchase of goods and services that take place between individuals and companies. Example: A social media influencer advertising for a brand’s product to their online audience or followers in exchange for a fee.
Now let’s see how having an E-Commerce website will benefit your business:
Low Setup Cost - As compared to setting up a traditional store, an online store eradicates the need for a physical storefront meaning it requires just a fraction of the cost. An E-Commerce website will therefore save on staff, wages, electricity bills and rents. The money that you save here can then be used to promote your website or develop product range further. When working with an Ecommerce Website Design Company, an E-Commerce shop can be smoothly set up in just a few weeks.
No Limitation to Audience Reach - With an E-Commerce site, geographical boundaries become inconsequential. You could sell your products online via an E-Commerce website to shoppers across the nation or even across the globe. You don’t get confined to your physical location, eventually, the whole world becomes your playground. By using multiple online marketing media, you can reach your potential audiences from all angles by going where they already are, such as social media or search engine result pages.
No Time Restriction - Earn money while you sleep! Yes, it is possible with the commencement of E-Commerce sites. Your online store will be open 24/7, which means there is no time-bound when people can purchase products from your store. Even if your customer support is not available, automation messages ensure that the sales process is always flowing and consumers can buy products or services on any day, at any time.
Measurement, Reporting, and Responding to Opportunities - With an E-Commerce website, you’ll have a stock of information about the visitors of your online store. You can keep a track of what they’re buying, what they are looking at, and more. You’ll probably be able to diversify the most successful products and the least performing products. These websites are extremely trackable through Google Analytics. You can easily record statistics such as orders processed, average cart total, cart abandonment, total revenue at regular intervals. You can also see weekly, daily or hourly basis, allowing you to optimise your product and price accordingly.
These reasons would be enough for you to hire an E-Commerce Website Design Company. So, if you are looking for an E-commerce Development Agency in Delhi NCR, then you have landed at the right place, set up in the year 2013, GoDigipro is a Marketing and Advertising agency in New Delhi, India, that provides excellent E-Commerce solutions. Hire the best E-commerce Development Agency in Delhi NCR, Go Digipro, to make your presence felt in this digital period. We are sure that with our energy, skill in conceptualizing ideas and proposing an altered digital marketing system that will explicitly meet consumer prerequisites, we will grow up to be among the top worldwide 360-degree marketing agencies.
We are always there to help you, for any queries contact our ever responsive Email and contact number.