E-commerce business

Posted by Riya John on January 30th, 2018

E-commerce refers to the buying and selling of goods and services and the transmitting of funds or data, over an electronic network, which include  business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. Business to business e-commerce is considered as vital to the global economy. B2B is focussed on sales of products, services, or information to other businesses. Business-to-consumer refers to commerce between a business and an individual consumer. Customer to customer (C2C) facilitates an environment, usually online, where customers can trade with each other. An end user or consumer makes a product or service that an organization uses to complete a business process or gain competitive advantage in the Consumer-to-Business. The C2B approach evolved from the growth of popular consumer-generated media and content across different consumer segments, include websites, blogs, podcasts, videos and social networks.

      To ensure the security, privacy and effectiveness of e-commerce, businesses should authenticate business transactions, control access to resources such as webpages for registered or selected users, encrypt communications, implement security technologies such as the Secure Sockets Layer, two factor authentication etc. Using a variety of applications, such as email, online catalogs and shopping carts, EDI, File Transfer Protocol, and web services, e commerce is created.

    There include many  benefits of e-commerce such as clock availability, the speed of access, the wide availability of goods and services for the consumer, easy accessibility, international reach etc. Ecommerce software helps online stores to utilize the reach and the power of the internet to promote their products or services and enhance their sales. Businesses have lot of  needs for e-commerce software based on their budget, products and other factors. The business has be unique needs, and choosing the right solution is wholly dependent on a platform's ability to solve the day-to-day challenges inherent within your organization. For more