Types of Ecommerce

Ecommerce is the act of transferring goods and money over the internet. There are also different types of ecommerce. Transactions and terms of sale are done electronically when you are hooked up to ecommerce with your online business.

B2B is one type of ecommerce. This is when online businesses do business with one another. A good example would be when manufacturers sell to wholesalers. The prices are often negotiable and based upon the quantities of the orders.

Business to commerce, or B2C, is another type of ecommerce. This is when a business sells to the public in general such as catalogue orders. The shopping cart software is utilized in this type of transaction as well. Whatever you need can be done in literally minutes when you utilize the help of ecommerce.

C2B, or consumer to business ecommerce, is another type. It involves a consumer posting a project online with a set budget in mind. Companies then review the project and bid on it. There are some popular sites online where much of this type of ecommerce is done. These sites empower these consumers to find people for their jobs and vice versa. They provide a viable platform and meeting ground for the consumers and the businesses.

Consumer to consumer, or C2C, is yet another form of ecommerce. This is like eBay or sites like it. It is when a site lists various items to be auctioned or sold amongst consumers. Person to person transactions have been taking place since 1995 and there has been much success in this arena of ecommerce.

Ecommerce involves transferring information quickly and efficiently over the internet. It has changed the way the world does business in just a few short years. Ecommerce covers a wide array of businesses from small retail to huge wholesale distributors. The boundaries between ecommerce and regular transactions have become blurred as time goes by. More people than ever are choosing to do business online. It does take research on ecommerce principles to get a business up and running.

If a person tried to open an online store without the proper knowledge of ecommerce it could be a disaster. It is best to learn all that you can about what it entails before embarking on an ecommerce adventure. There are all sorts of online sites that can educate you about all that is involved in ecommerce. Take the time to look these sites up so that you can be well informed before opening your ecommerce website.

Various Types of Ecommerce Sites You Can Build

Are you interested in eCommerce? It is on a massive upward curve. Technology allows businesses to transact their business online as another method of doing business.

What can you do on an eCommerce site you ask? It is not just for sales. Depending on the base of operations for your business, the site can be used for a range of purposes which you will find out about in just a few minutes.

Virtual Storefronts – These are the sites you catch sight of when you are looking to shop online. By way of a transactional site like this, you can do the whole thing in one place. It offers new meaning to “one-stop shopping.” Shoppers can shop a virtual store to a great extent like they would a physical one.

Menus allow them to pick product sub-groups and narrow down their searches. As soon as items have been chosen, they can be stashed in a virtual basket or cart. As soon as shopping is concluded, they can settle up with the cashier and get authentication of their acquisition.

Numerous types of products are sold on virtual storefronts. You are only restricted by what you can realistically present to your clients and still make a profit for your business.

Information Sites – Here, the objective is making the deal but not on the website. Companies with physical stores can use this type of site to market their products. Large corporations exploit this type of site to secure interest in their product.

One of the most important reasons that people trawl the Internet is to come across information. Let’s say that you wanted to buy a car but didn’t want to spend the full day and half a tank of gas driving to showrooms. As an alternative, looking at informational sites for cars should assist you in your car dealing decisions.

These sites make available, content on the items, like cars, that they put on the market. Visitors can see pictures and/or videos of the products as well as images, pricing and geographical locality information.

Marketplaces – Unless you have been living in a cave, you will have you heard of eBay. In a marketplace eCommerce location, a middleman brings sellers and buyers together to conduct business. Items for sale can be purchased directly or through an auction process as with eBay.

In this arena, there are a number of businesses functioning in one area at the same time. Because it is the virtual world, there is scope for expansion into larger spaces as your business grows. The beauty here is that a great deal of what you will want to do to get ready for eCommerce is laid out for you.

Food for Thought: Understand what kind of site you require to make a start with. Online businesses can make use of one or more of these types of sites to flesh out their venture and be obvious to the utmost amount of consumers.

A Must – Choosing the Best Ecommerce Platform

It’s equally amazing and obvious how the advent of the internet has changed the way we do things, especially in business. The internet’s speed and reach has played a critical role in how the economy works in the recent years. It’s undeniable influence is incredible. From small humble companies, to huge and sophisticate enterprises, every business today has to incorporate this medium to further sell products and services via an online store.

The market you have now has grown exponentially and with such a huge consumer pool it’s so critical for you to pick the ecommerce platform that’s the absolute best for your kind of business. You’re looking to make a site that’ll bring in your type of customers. Further more, there are lots of varying platforms at their respective prices. For those who haven’t come across this yet, choosing the platform is an anxiety-ridden task. You want to get it right and you want to do it the very first time.

Regardless of your experience, you have quite an advantage reading this article. It’ll give you tips and considerations you’ll have to take in picking an ecommerce platform. The main and most important features of any platform that you’ll find are age, scalability, security, reliability and support. Take note of these aspects for their quality will determine your success in the future. Customers want to be assured that all their transactions with you are secure but as easy to conduct as possible. You should mind the different prices that go with each platform.

There are three types of ecommerce platforms that are common and widely-used right now and here’s a rundown of all of them.

Open Source ecommerce Options

Flexibility is a big advantage with this one, not being confined to the coding rules as you are with software. Open source shopping carts are like cars that are custom-made. You can design them according to your preferences. Certainly open source systems are strong and full-bodied that,. in addition, provide more flexibility.

Though it’s open source, it does come with a price. Here’s where you might back track from using this type of platform. Open source solutions still need to be built and this equates to more time and effort and possibly, cost. Another downer is that there are no free upgrades and no support. You’ll be in a rough and hard place if ever your site crashes so you might want to think about how this will fare.

Hosted ecommerce Solutions

Hosted solutions give you less headaches since you don’t need to slave over the technical operations so that you can concentrate more on your business. Hosted solutions guarantee quick start-up and turn around. Here, you’ll get reliability, scalability, continuous monitoring, full support and unlike open source solutions, free and automatic upgrades. As a system, it’s more robust, so to speak.

By the way, while picking a hosted solution, make certain that your provider’s CISP certified and on Visa’s approved list. Their name has got to be in there to if you want trusted service and to avoid transaction problems.

In a nutshell, hosted solutions are ideal for small to medium sized business. This way you don’t have to spend so much investing in your own IT department. It’s a more simple and affordable way to safeguard your sales without the excessively costly investments.

Licensed Ecommerce Solutions

A licensed solution is a combination of the two types of solutions mentioned above. Here, you get the flexibility that open source solutions can give. It can also integrate third party solutions as your business spreads. This can be a very significant tool to secure you a place in the competitive market.

Most licensed ecommerce solutions usually go for a less price than hosted solutions, despite the start up cost to be higher.

A slight problem is that it really needs to be installed with a licensed cart that should be integrated with your site. You need more than your basic skills and paint by numbers gameplan to achieve this properly. That is, unless you’re a web designer. Otherwise, this wouldn’t be a worry at all.

In Summary

Finishing off, all you have to remember is to choose the platform that fits your respective criteria and your budget. Don’t forget your company’s goals and pick out the features that will work well with them. So there, now you can get about choosing the right ecommerce platform for your microbusiness.