24/7 Customer Support

WhatsApp +8801744383834

What is E-commerce or electronic commerce?


What is E-commerce or electronic commerce?

E-commerce consists of the distribution, sale, purchase, marketing and supply of information about products or services through the Internet. Originally the term was applied to the realization of transactions through electronic means, such as electronic data interchange . However, with the advent of the Internet in the mid-90s, the concept of selling services over the Internet began, using electronic means such as credit cards as a form of payment. Since then, companies have been concerned about staying ahead of the curve and being able to offer what their customers are demanding today. Electronic Audit Directors Auditors Email Lists and how we connect to the Internet is changing. The year 2020 is the year of the Internet of Things (IoT), connectivity with all devices through 5G, live data and obviously e-commerce will have a higher role.

On the other hand, people have seen in this new way of doing business a great opportunity to start and have their own commercial activity in which they succeed when they understand that in e-commerce there are no barriers or borders, and that the geographical space is not the one that determines the target ; that many aspects must be kept in mind and see the other side of the coin; that without creativity and without offering a truly differentiating value proposition, it becomes difficult to emerge in this wide world as great winners.

Difference between Internet presence VS electronic commerce
Most companies already have a presence on the Internet , so they have been concerned about developing institutional sites. In these cases, the aim is to complement some traditional Marketing activities, such as providing additional information and promoting the company. Some today have not entered the world of digital marketing and have not understood the great tools that can be counted on on the Internet and the world of people who can be reached through the network.

Audit Directors Email Lists

In some cases, companies are reluctant to provide detailed information on products, since the objective is to induce visitors to communicate with the Betting Email List through traditional means, such as face-to-face visits or phone calls, and thus get in touch. with potential clients . They forget or perhaps they are unaware of the innumerable recruitment tools that exist through digital marketing , but we will leave that topic for later as it would give me to write at least two other posts.

On the other hand, we find e-commerce sites , which are very different. In these, the final objective is to close the transaction electronically with payment (and in some cases with delivery), these processes being carried out over the Internet . Without this transaction we could not talk about e-commerce . Where what really matters is that said transaction affects the income statement of any business, becoming a great generator of profits. Normally, this type of site includes detailed information on the products, mainly because visitors will support their purchase decision based on the information obtained and the perception of trust and solvency that the website has generated in relation to the company.

That type of website generally has four sections:
1. INSTITUTIONAL INFORMATION: This section tries toattract customersand create an environment oftrustin the company.

2. CATALOG :It is a fundamental requirement of E-commerce and contains detailed information about the products, their benefits and prices. The success of the business depends largely on this section.

3. ORDER PROCESSING: This section includes a method for specifying and configuring the order. More advanced systems may include order tracking systems. 4. PAYMENT GATEWAY: it is the method used to make the economic transaction. There are several methods. In this section it is very important to provide security to the client and some support in case of fraud. Lately, as this business progresses, more sections have been included. Nowadays, an excellent return policy and user support are as important as all the previous ones . That you feel that although the entire operation is done through the Internet , there are people with whom you can talk if you need it. E-commerce sites can be found alone or form part of a larger sales site, commonly called “shopping mall”, which have a standardized appearance, within which many companies have a presence within a single website and in which visitors can access information from different companies. Later we will expand the information, talking about the type of e-commerce businesses that exist and the advantages of starting one of them.

Leave a comment

Your email address will not be published.