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What is an ecommerce business?
E-commerce websites/apps earn revenue from selling products or services online. It might sell groceries, daily essentials, mobiles, fashion, electronics, travel, beauty, furniture, pharmacy, movies, books, toys, appliances, pet supplies, apparel, footwear, health and personal care, music, video, gaming, automotive, office and professional stuff, accessories, sports, outdoor and travel, gifting, jewellery, home appliances, gym appliances, gardening tools, beauty products, wellness products and much more. This list is pretty endless when it comes to large online markeplaces like Amazon.
You can run an ecommerce business from a single website or through multiple online channels like social media and emails. Any online transaction over internet is termed as an ecommerce business. Companies involved in this process include Amazon, Myntra, Ebay, Quikr, Olx, etc.
Most common ecommerce business models are: B2C (Business to Consumer) where B2C focuses on selling products to shoppers (or the end customer), B2B (Business to Business) where B2B sellers focus on selling products that other businesses may need, B2B2C (Business to business to consumer), B2G (Business to Government), C2B (Consumer to business), D2C(Direct to consumer), and C2C (Consumer to consumer).
There are many more intrinsic business models that amazon works upon – dropshipping, retail arbitrage, wholesale, private label products, and handmade Available of discounts with Dryeye Rescue Coupon and Promo Codes from Sneek Coupon
Examples of B2B ecommerce
- Wholesale suppliers
- Office supply stores
- Industrial equipment manufacturers
- IT services providers
- Software companies
- Business consultants
Examples of B2C ecommerce
- Clothing retailers
- Electronics stores
- Home goods stores
- Grocery stores
- Health and beauty retailers
What are eCommerce applications?
Such mobile apps/web apps/websites allows buyers to use their mobile devices to purchase the items they want. Ecommerce applications align a multitude of features in order to entice their customers to stay back, and make them purchase more. They offer interactive 3D views of the product, with data visiualization, lots of modifications-addons-functionalities, coupled with many possibilities. Chances are the service provider that you like more is the one that excels at delivering user-tailored content, and more enjoyable atmosphere for the customers to shop.
Personalization is the key component with ecommerce shopping appps. Locating the items into neatly aligned categories, adjusting the quantities, making the advanced search keywords to let customers quickly locate something, and also make them look further by suggesting them more related items.
Such features demonstrate a strong commitment to customer satisfaction and convenience. Additionally, by incorporating extra shopping cart options, the user interface of e-tail business should incorporate extra shopping cart options, cater to various customer preferences and facilitate a more enjoyable and convenient shopping experience.
Plus, one-click ordering and smooth payment gateways can help your customers save time, and indulge them for more such quick browsing sessions (with a potential to make them buy).
Similarly, making your customers save their card details (except CVV), or wallet details for future use can save a lot of time in inputting all the details every time they need to make a purchase.
And the app theme should be simple, yet attractive. The app/website should be focussed on selling products and engaging customers instead of building fancy theme. Ultimately, a customer would like to go to a place where they get what they are looking for, at the best price, and best offers. Its offerings should be easier to understand, and the images and videos should be relevant.
