E-Commerce refers to a website meant for buying and selling goods, digital products or services online. No matter if it is a barter exchange or trade, buying and selling of goods has always been present for centuries. No person on this earth is self-sufficient which means that there is a need for demand and supply of goods and services.
For the longest time, transactional activities have been prevalent for buying and selling goods or services. With the changing times, transactions have now gone into digital spaces. While digital transactions have become a rage among people, the data privacy rules have become tough too.
What is E-Commerce?
In simple words, the term eCommerce is the buying and selling of goods or services through an electronic device. It refers to the electronic transfer of data and funds between two or more parties.
It was in the 1960s when companies started using electronic data interchange for transferring business documents. The craze for online shopping increased in the 1990s and is still the same after so many years. It is growing every day with new additional features.
The best thing about eCommerce is that it can be used easily without any inconvenience. One can shop for anything while sitting on their couch at home. eCommerce saw more growth after the popularity of smartphones.
What is an E-Commerce website?
An refers to a website that facilitates buying and selling of goods, services, and digital products through the internet. With the help of an eCommerce website, you can process orders, manage shipping & logistics, and offer quality customer service.
E-Commerce websites offer online transactions of goods and services. Here, the data and funds are transferred over the internet. Earlier, eCommerce was performed through phone calls and emails.
Presently, it is next to impossible to imagine your daily life without an eCommerce website. Most of the time, customers order food, clothes, and furniture. eCommerce has taken over people and is here to stay.
How to build an E-Commerce website?
One of the best ways to earn some extra money is to sell products online. eCommerce websites help you introduce new products to several customers at one time. When compared to physical shops, eCommerce websites are power-packed with various benefits. Due to this, numerous organizations are creating eCommerce websites for taking their business to the next level.
One of the best things about an is that you don’t need any technical expertise for building the website. You require a person who has decent knowledge of WordPress to use a WordPress theme compatible with WooCommerce. You can also customize your eCommerce website as per your business requirements. You can also take the help of dedicated web developers to support you throughout the development of an . To create your eCommerce website easily, you can make use of various eCommerce platforms. These eCommerce platforms are the best way to build an eCommerce website. There are various types of eCommerce websites that you can choose from. Here, we have listed all of them below.
Major Types of E-Commerce websites
There are several types of you can select from as per your business requirements.
The term business to business refers to the electronic transfer of goods and services among organizations. Suppose, a business sells SAS products to other businesses.
The term business to consumer refers to the electronic transfer of goods and services among companies and customers. As an example, you're buying a new kurta set from an eCommerce website.
The term business to consumer refers to the electronic transfer of goods and services among customers. As an example, you're selling your old house on Hosing.com to another customer.
The term consumer to business refers to the electronic transactions of goods and services among individuals offering products or services to companies.