Ecommerce is the buying and selling of goods and services, and the transfer of funds, through digital communications. It's basically commerce but since done thru electronic medium is called Ecommerce. When we think of commerce, there are basically minimum three main identities involved - Buyers, Sellers and Producers. Buyers are those who purchase products/services by paying money. Sellers are those who offer products/services in lieu of money while producers are those who creates products and services that sellers offers to buyers.
As far as sales channel is concerned, there is only "e" factor that changes. Here is the flow to how e-commerce works
- A website that will displays products or services which act as a marketplace
- Customers will visit that website in search of products and services that the website offers. Customers can browse or search for his products. Once he selects some product, he will add to his shopping cart and can search for more products to purchase. Once he is done, he will checkout from the shopping cart and enter into payment process
- Website will accept his personal and credit card information, which takes place under secured SSL layer and are processed by payment gateway service providers. Once the funds are transferred, shipping for that particular item/s takes place
- Customers receive his product at the requested location within the time period assured. So, this in directly provides customer a facility to shop at ease, fast, secure, anywhere and anytime
We are core expertise in developing and maintain shopping carts / E-commerce portals.
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