2 sides of e commerce

Producers and traditional commerce wholesalers typically operate with this type of electronic commerce. Business-to-Consumer B2C The Business-to-Consumer type of e-commerce is distinguished by the establishment of electronic business relationships between businesses and final consumers.

2 sides of e commerce

Advantages and Disadvantages of E-Commerce Today

Types of eCommerce WebsiteseCommerce Website Types This article will help you understand the different types and reasons for use of websites in ecommerce. Your marketing executive should be familiar with the steps necessary to make your website ecommerce capable.

Transactional Site People who shop online are most familiar with this type of website. A transactional site may be an electronic storefront for a brick-and-mortar retailer or a catalog business, e.

Transactional sites can be either hosted or on-premise and can a conduct full end-to-end transactions via the website; b enable customers to search for, order, and pay for products online; and c allow customers to contact the company for after-sales service.

The majority of transactional sites create efficiencies by seamlessly integrating the transaction process with back-office systems such as accounting, inventory, order management, logistics and fulfillment, marketing, customer relationship management CRMweb analytics, and others.

Static Content Site Such a site generates sales by promoting corporate awareness rather than by facilitating online transactions.

Its function is similar 2 sides of e commerce that of a brochure; it provides information about the product or service and contact information about how to proceed with a purchase. An information delivery site is ideal for companies that market products and services that cannot be provided online e.

2 sides of e commerce

A modified version of the site permits the buyer to shop online for the best price from competing vendors that offer the identical product, such as authorized dealers of Honda America. Information about options available for a particular model enables the buyer to visualize the configuration and to obtain an estimated price for the vehicle.

Online Marketplace or Auction Site These sites are hosted platforms that bring buyers and sellers together to facilitate transactions.

Participation on one of the sites often provides an efficient way of finding a customer without the expense of building a proprietary transactional website. Types of sites include auctions www. Online marketplaces and auction sites are a good venue to get started in ecommerce.

However, the Department of Commerce recommends that a business explore its options regarding online stores before it relies solely on such marketplace and auction sites for its long-term ecommerce strategy. Some 70 percent of ecommerce sites in North America will be dependent on services such as shipping, payment gateways, and fulfillment from Amazon or eBay by Some examples of the online marketplaces are these: Amazon is an online marketplace on which businesses may set up a store and offer products within strict rules.

Amazon offers several monthly plans for merchant stores. Etsy is the largest online marketplace for handmade and vintage items; it is best suited for artisan and craftsman type unique sellers.

Prepared by the International Trade Administration. With its network of offices across the United States and in more than 75 countries, the International Trade Administration of the U.

2 sides of e commerce

Department of Commerce utilizes its global presence and international marketing expertise to help U. Locate the trade specialist in the U. Types of eCommerce Websites This article will help you understand the different types and reasons for use of websites in ecommerce.In fact, IBM has invested billions of dollars into Watson on both the development and promotional sides, as I saw for myself when I spoke at the company's World of Watson two years ago in Las Vegas.

If you like the content on the E-Commerce Times, and want to help support traditional journalism, please consider making a contribution of .

Here is a selection of Awwwards winning e-commerce websites E-commerce is the use of electronic communications and digital information processing technology in business transactions to create and redefine relationships for value creation between or among organizations, and between organizations and individuals.

Electronic commerce on the Internet, or "e-commerce," is a subject of compelling public interest. Billions are invested in reliance on its growth potential, the media are blanketed with stories about it, and it is the dominant theme in numerous conferences of business people and lawyers. E-commerce, as a result, opens new markets for your business, allowing you to develop a new business model geared toward your expanding consumer base, especially one that relies on good e-commerce Search Engine Optimization to drive more free traffic to the .

To make a fair evaluation of e-commerce, we cannot stop at discussing the advantages of e-commerce. Let us also look at the other side of the coin too. Let us also look at the other side of the coin too. Looking at Potential Tax Law Changes From 2 Sides of Etsy's Coin This decision was made well before the explosion of e-commerce, which is still in its early stages.

U.S. e-commerce sales hit.

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