E-commerce is the use of Internet and the web to transact business however when we deal with digitally enabled commercial transactions between and among organizations and people involving info systems under the control of the firm it takes the type of e-business. Many people are transferring toward online shopping more than the bodily one because it is more convenient, and the prices are normally cheaper too, even with delivery price. Another plus level is most online stores may even offer free shipping for purchases exceeding a certain amount.
There are also many free traffic getting methods that people can apply in order to deliver guests and customers to their online real estate. It is not necessary for any E-Business to be physically present in the business world. If a company has an office, along with its physical presence and conducting its business activities over the Internet, then it will probably be termed as E-Commerce.
When you start selling merchandise on your e-commerce website, you need to ship the merchandise to your customers utilizing delivery companies. You will need to choose those reliable ones that have good monitor records in fulfilling shipments within agreed durations and at the lowest available shipping value, so that you can give your customers the best deal as well as maximize your revenue.
The market has not been reached in full because most of the internal players are beginners and have no sufficient funds to meet a bigger portion of the market. Aside from the financial concerns, the native eCommerce businesses don’t have enough experience to learn from and then adapt to new tactics. Despite lack of adaptation from the native eCommerce businesses, the customers do change their service providers. This is one of the indications that not all the customers are satisfied with just one such service provider. It is not uncommon for nearly all Sri Lankan eCommerce businesses because they are indigenous and have no place to construct a business model based upon. They can’t simply copy the international businesses and their business models because the circumstances on the ground are not similar to what existed while the international players started their businesses.
If you are planning to start a new online business or upgrade your existing eCommerce site, it is best to consider using some of the innovative ideas related to Web 2.0 concept. Three years ago in the event you would have searched the phrase “Web 2.zero”, you probably wouldn’t have discovered any mention of this term on the Internet. Now, at the last depend, Google showed close to 60 million results relevant to this search. Superb! First time this term was coined by ‘Reilly Media to vaguely define a concept of second generation websites which were emerging after the dot com crush. Since their first use of this phrase to promote conferences organized by ‘Reilly Media and MediaLive International, the idea of Web 2.zero has become immensely common in web development sector.
People are shifting from a third world status to a more advanced status. The lifestyles of people are altering dramatically. For a country that was affected by internal conflicts for over half a century, the literacy rate is surprisingly high at ninety two percent. This is another important factor that makes eCommerce more than possible. These people are moving in direction of a more technologically advanced lifestyle. Also the international influence of technology has made it possible for people to hold the entire internet literally in their hands. People can simply place an order online from their phone while they are travelling. Someone may not be wealthy enough to own a automobile on this country however they nonetheless place an order while travelling in a public transportation bus.
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 reputation 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 go to your store. With E-Commerce, you’ll be able to sell to customers anywhere, anytime. This allows you to serve customers across or internationally.