Let’s see what E-Commerce is:
Basically E-commerce (Electronic Commerce) is the buying and selling the products and services or the transmitting of funds or data, over the network or the primarily the internet.
Through we can sell our products to the entire nation or the localized area of the city. That products are purchased by the public through the medium of internet for that you need a great and responsive E-commerce website the buyer can buy products from directly site they don’t need to go outside from their place to purchase product they can order online directly from site.
So this is the Basic Knowledge of what E-Commerce is and how it is use full for small business.
Basic Types of E-commerce:
- Business to Business (B2B):B2B is involves the Manufacturing companies doing business with each other.Ex: Manufacturers sells to Distributor companies and Wholesalers selling to retailers.
- Business to Consumer (B2C): B2C provides the business of selling directly to the public with shopping cart.Ex: Amazon and Flipkart.
- Consumer to Consumer (C2C):B2B is Takes place within classified ads on internet and forums or marketplaces where a small business and individual business person can buy and sell their products online.Ex: EBay, Shopcluse, etc.
- Consumer to Business (C2B):C2B eCommerce and consumers are post the projects of their with budget online and companies then others are come online and bid on their projects. Then Consumer see the bids and if they interested then they selects the company and gives the work.Ex: Freelancer, Up Work, Elance, Guru Etc.
- Business to Administration (B2A):B2A is a part of E-commerce and provides the all transactions and conduct online between the companies and public admin.Fiscal, Social Security, Employment in these areas they provide verity of services.
- Consumer to Administration (C2A):C2A model provides and conduct the all type of online transactions between the Individuals and Public.
Tips for Successful E-commerce business:
- Decide what you want to do:Here we are saying that is before starting the online business just Decide that what you have to done and which kind of business you have to do.Make a Good business plan and check that is applicable or not the find that from where you purchase the Good and where you sell and set a target areas.
- Make a plan:Before starting any kind of business that need a documented plan.Make that plan as much as sufficient to boost your business to next level. Create a plan that makes more profit and less investment and that attracts the good traffic audience.
- Fund your business with the Low cost:If you want to start the eCommerce business then most important thing is fund that you can invest to buying goods and from them you can make profit.Because to purchase goods or manufacture it then first requirement is fund or money then find the investment agency to fund your business.
- Create Website:After the top 3 steps achieving now first need is a good attractive website to attract the audience.Website is major factor in your success and not all websites are created in equal manner but you can spend a lot of money to make a good and reliable website. Main thing is create your website as much as easy to use and understand by a people. Make is simple and creative.
- Generate traffic on Website:To attract traffic to site and increase Search Engine Optimization (SEO) is a most important and good step to make traffic on site.Through the Digital marketing you can do marking of your goods or product on line and so that you can able to make traffic on targeted area and on targeted audience.
So above all steps are Very Useful for Build a good E-commerce Business Follow the steps and Any one can make a profitable E-commerce business.