Published - Wed, 28 Sep 2022
By Muhammad Zeshan Jolaha
Surely all of you have heard the word "e-commerce" or e-commerce store at least once and you have bought from the online store at least once. e-ecommerce industry has emerged as the biggest industry after Covid-19. However, there are still many users who are not familiar with the nature of "e-commerce" and have very little information about e-commerce (electronic-commerce).
Most businesses these days use online platforms to sell their products to make it easier to manage their customers. However, a brief introduction to e-commerce, for the people who have inadequate information about e-ecommerce, would increase their adaptability to digital sources. So, they could sell their products and earn exponential profit that they could not earn using the traditional ways. Let's go through the basic definition of e-commerce
Various definitions have been presented from the past until now, but in the simplest language possible, it can be defined as the science of electronic commerce deals with commercial exchanges through communication networks.
e-commerce is based on information processing and electronic data transmission. Electronic commerce or e-commerce is a variety of activities such as electronic exchange of goods and services, instant delivery of digital demands, electronic funds transfer, electronic exchange of shares, electronic software, business models, joint design and engineering, sourcing, government procurement, and direct marketing. It also includes after-sales services as well as general commercial activities such as advertising, negotiations, resolutions, and settlement of accounts.
The importance of e-commerce
While talking about the importance of designing an e-commerce store, we considered the obtained benefits of the owners of the e-commerce store. The following would count as benefits associated with e-commerce stores.
e-commerce makes goods transaction easy and time-saving, it also reduces traffic on the streets
Reduces pollution such as noise, and biological pollution and prevents diseases and poisonings
Payment of money to e-commerce stores is safer
You can sell your product without regional boundaries
You can increase your product sales exponentially
There is no need for large capital investment in huge physical infrastructure
You can reach your target customers without doing a lot of effort
Your sale is less vulnerable to geo-political disasters
The above-cited benefits could be fruitful for anyone, one has to go through a learning process and start an e-ecommerce store with low investment.
Wed, 28 Sep 2022
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