eCommerce Website- It’s Types, Benefits & How to Start?

E-commerce is also known as electronic commerce and internet commerce. It involves buying and selling of goods and services over the internet. This has emerged with the emerging use of smart phones. you can shop anywhere and anytime with a device connected to the internet. Now you can search for any products and services online, there is no need to go anywhere. E-commerce websites facilitate online transaction of goods and services through transfer of information and funds over the internet. Any transaction can be executed online with a single website.

The functioning of e-commerce website is quite similar to that of physical retail shop. The only difference is that the entire process takes place online without any physical store. The process of an e-commerce website begins with setting up an e-commerce website with the plug-in like Woo commerce. After which the products are uploaded with the necessary details and price. A “Buy Now” button is placed near the product so that customer can simply click on the button and make the payment. There are different types of payment modes available on e-commerce websites including payment gateways and debit or credit cards. Cash on delivery option is also available on e-commerce websites where the payment is made when the item is delivered to them.

If you are not happy with the product or mistakenly a different order is delivered, you can simply return the item and get your money back. After you notify that you want to return the product, a representative of the company will take the product back. The money will be refunded to your account.

There are different types of e-commerce websites based on the functions they fulfil.

1. Business to Business (B2B): Online transactions of goods and services between two companies.

2. Business to Customer (B2C): Online transactions of goods and services between companies and customers.

3. Consumer to Consumer (C2C): Online transaction of goods and services between consumers only, mostly done through a third party.

4. Consumer to Business (C2B): Online transaction of goods and services where customer offer product and services to companies.

E-Commerce website has numerous advantages for customers as well as seller. These are the benefits of E-commerce-

· Sell Quickly

· Low cost star up

· Easily reach out to new customers

· Easy to use and update

· Easily expand your market reach

· Immediate promotion of products

· Unique online identity

· Ability to set up your own business

· Global access of business

· Store can be managed from anywhere in the world

· Potential Income

· Sell anywhere

If you want to start an online business, e-commerce can be highly profitable for you. Before you start thinking about your profits and selling products online, you need to create an e-commerce website first. These are the following steps for creating an e-commerce website-

1. Choose a product you want to sell

2. Choose a best e-commerce website developing company

3. Select your Domain and platform for your e-commerce website

4. Get a logo for your brand

5. Company will create an e-commerce website with suitable software as per your requirements.

6. Upload your products and necessary details with price

7. Preparing to launch

8. Marketing

E-commerce websites are helpful in generating leads for your company. It attracts more customer as well as expands the reach of your business. You can easily start your own online store in India by choosing a best e-commerce website development company. For more details about e-commerce website, you can visit my blog or apply for a free live demo today.