There has never been a better time to start out an online business! International Reach – E-commerce technology permits commercial transactions to cross cultural and national boundaries far more conveniently and effectively as compared to conventional commerce. As a result, the potential market size for e-commerce merchants is roughly equal to the size of world’s online inhabitants.
Every kind of business needs the exposure that the media can carry, as I touched on in reason #5 “To Heighten Public Interest”, but what if one’s business is reaching the media, as a newswire, a publicist or a public policy group. The media is the most wired profession immediately, since their most important product is data and they can get it more shortly, cheaply and easily on-line. On-line press kits are becoming more and more frequent, since they work with the digital environment of more and more pressrooms. Digital images can be put in place with out the stripping and shooting of the outdated pressrooms and digital text can be edited and outputted on tight deadlines. All these can be made available on an e-commerce answer.
Website with e-commerce that involves search engine optimization will help the website to improve its rating in most of the search engines. This helps to increase the popularity of the company’s website and thus get to draw more customers. Existing brick and mortar sellers can be limited by their location. Customers should travel to visit your store. With E-Commerce, you can sell to customers anywhere, anytime. This allows you to serve customers throughout or internationally.
E-commerce permits company to promote products or services provided by the company and thus able to get to more potential customers. With this E-commerce online, you get to reach out to customers worldwide and expand your business market regardless where the person is in the most value effective method.
The problem with eCommerce is, though in last five years many changes, some are drastic, have taken place in philosophy, ideology and technology related to the Web, very few issues have changed in eCommerce sites. Now, it all started to change! Even successful eCommerce sites are experimenting with new ideas born from Web 2.zero concept. The result is visible! A recent survey shows adoption of new interactive functionalities, innovative product catalog and better communication with users have increased online sales for eighty three percent of respondents.
Considering the world market for eCommerce , the Sri Lankan market is pretty small. This is one of the major information that are in favor of the local players. If it were something like the Indian market with several hundreds of thousands of customers for eCommerce , the native players would have been taken away by the international players. However, the truth is that the Sri Lankan eCommerce market is still considered by many international players.
There are additionally many free visitors getting methods that people can apply in order to convey visitors and customers to their online real estate. It’s not necessary for any E-Business to be bodily present in the business world. If a company has an office, together with its physical presence and conducting its business activities over the Internet, then it may possibly be termed as E-Commerce.