E commerce solution for business Websites
What is Ecommerce?
Ecommerce allows both for an online retailer and online shopping as well as
electronic transactions done. Ecommerce has hugely expanded in popularity over
the few decades, and in ways, it's replacing traditional brick and mortar
scale, 24/7 without incurring the same overheads as you would with running a
brick and mortar store. For the Best Ecommerce Solution in Pakistan marketing
mix and the best conversion price, an eCommerce venture should also have an
offline or physical presence; it is better to know as a click and mortar
What does e-commerce mean?
While most people think of eCommerce Solution company in Pakistan, so BeTec
Host provides you as
Business to consumer (B2C)
There are other types of eCommerce. These include online auction sites,
internet banking, online bus ticketing, and reservations seats appointment.
Business to business (B2B)
has expanded to sales using mobile devices as well as the laptop,
which is commonly known as m-commerce' and is simply a type of eCommerce.
Why an eCommerce saw explosive growth over a few decades ago?
As the internet becomes ingrained in our daily life, acceptance of eCommerce
by the user continues to grow, and businesses are taking advantage of this
acceptance and interests.
In the early 2000s, many people feel bad about handing over their card details
to an online retailer. Where’s, eCommerce transactions are today's new nature.
SSL certificates, encryption and reliable external payment systems methods
such as Paypal, Worldpay, and Skrill have helped to improve people’s
confidence in e-commerce.
What Are the Benefits of E-commerce?
Below are seven reasons are given why eCommerce is such an attractive option
With a physical brick and mortar store where online and offline both can
perform you're limited geographically to nearby the markets, i.e. if you have
a store in New York and want to also sell in New Jersey, you’ll need to open
another physical location which is costly to start a new physical business.
Ecommerce doesn’t have these types of limitations. Instead, you can sell your
product to anyone, anywhere in the world through your digital eCommerce
Physical appearance businesses mostly have limited hours, but an online
eCommerce shop remains “open” 24 hours a day, seven days a week, and 365 days
a year. This is highly convenient for the customer and a good opportunity for
Ecommerce businesses have significantly lower operating costs compared to
physical shops. There's no rent, no staff to hire and pay and very little in
the way of fixed operating costs include in an eCommerce business. This makes
eCommerce stores extremely competitive on price, which usually increases the
market share dramatically for global business.
Automated Inventory Management
It’s so easy to automate inventory management through the use of electronic
online tools and third-party vendors by the latest technology or computers.
This has saved eCommerce businesses billions of dollars in inventory and
operating costs will be increased.
BeTec Host provides you an excellent eCommerce solution in Pakistan which
Inventory management has also become increase continuously. You can now manage
your stock across multiple channels via the web with great ease. So, you can
sell and monitor your stock in your own store as well as marketplaces like
eBay, Amazon, daraz.pk, Etsy or a physical shop.
Laser Targeted Marketing
The online seller can collect an amazing amount of consumer data list via
survey to ensure they target the right people for their products. They target
customers for their products.
This lowers the cost of customer acquisition and to refer eCommerce online
businesses to remain extremely agile. Imagine being able to target just males
between 18-24 years old, living in urban areas divides into segments of the
customer. That’s laser-focused marketing for you, there's no way you'd get
that with just a physical store without eCommerce.
Niche Market Dominance
Because of the lower operating costs, the ability to target your productive
customer, as well as reaching a global audience that an eCommerce website
brings, this ensures your company’s profitability.
An eCommerce business owner never tied to any one location when running their
business. As long as you have a laptop and an internet connection you can run
your eCommerce business with any physical efforts.
What are the Major Types of Ecommerce?
There are six types of e-commerce. Below we've listed them and briefly
explained what they all mean.
1. Business-to-Business (B2B)
Quite self-explanatory, B2B eCommerce produces when a transaction is made
between two businesses.
Successful B2B businesses can companies like HubSpot who offer inbound
marketing and sales software and Xero who provides accounting software for
small to medium businesses, In short business is customer for any business.
The success stories above are all B2C eCommerce companies. This is when stores
sell their products to consumers, i.e., people like you and me.
Online market (including drop-shipping) usually works on a business to
3. Consumer-to-Consumer (C2C)
C2C e-commerce generates when consumer sells directly to another consumer.
This is seen by a particular boom over the last ten years.
Sites such as depop, gumtree and shpock have made a massive name for
themselves of their business.
eBay is still the market leader in this niche market on top, having
established themselves since 1995. They close very near to follow by Etsy who
was founded ten years later in 2005.
4. Consumer-to-Business (C2B)
Consumer to business models is some less common in eCommerce. This
materializes when a consumer sells or contributes money to a company than C2B
produced when an individual sells their product to a company.
Companies using the crowdsourcing or a Kickstarter campaign to allow their
business would fall under the bracket of C2B.
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for more infromation.