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| Image search- Google| by co-well.vn/en/tech-blog/ |
Commerce:
The activity of buying and selling. From Any shop we purchase any thing is called Commerce.
eCommerce:
E Commerce also known as electronic commerce or internet commerce refers to buying and selling of goods, or services using internet is called eCommerce.
Types of eCommerce:
1) Business to Business (B2B):
It is the type of e commerce in which we purchasing something to start your own business. For That you can visit company or manufacturer and you can buy product that you want to sell and start your business. For that you can create your website. or sell on Amazon, Daraz, etc.
For example You can buy product from Alibaba.com.
2) Business to Customer (B2C)
From small shop you can buy something for your own consumption this type of Business is called Business to Customer. Like OLX etc.
Objectives of E Commerce
1) Development to business relationship.
2) Better customer services.
3) Quick convenient and use friendly.
4) It is difficult for buyer and seller to find each other in the physical world. But it become very easy for them with the inception of E store .
5) With one commerce website you can sell your product and services across the world.
6) Availability 24/7.
Features of eCommerce
1) Universal standard
2) Product comparison
3) Quick Access
4) Social proof (reviews, feedback)
5) 24/7 availability
6) Advance payment ( cards options)
7) Share with others
8) Return policy
Different Channels of eCommerce
Direct Traffic:
SEO: Search engine optimization
Add keyword that people search on Google add that word.
Paid Search:
Pay to Google show your web site to advertise.
Market place:
Go to the market sell something on stool
Amazon, Daraz, Wal-Mart , E bay, Social media, Facebook, Instagram, Twitter, That will show your product ads.
What is Amazon:
Amazon is largest online retailer in the world. As being an online retailer Amazon allows individuals and businesses to sell their product online on its website.
There are two different ways to sell on Amazon.
1) Fulfilled by Marchant (FBM)
In this type all the product that you want to sell on Amazon. Their packing done by Marchant.
2) Fulfilled by Amazon (FBA)
In this type all the product that you want to sell on Amazon . You jest send your product to Amazon warehouse. Their packing did by Amazon.
Amazon Business Models:
1) Private label
In this type of model you should register your Brand and then you can sell your product.
2) Wholesale
In this type of model you can sale someone else product as whole like more than 1 product.
3) Drop shipping
When someone order your product and you can search that product on other website. And you can send that ship to buyer and their packing is not like Amazon packing. If the buyer is ok with it so it’s good for you or the buyer is not happy with that and he complains against you so your account will be suspend.
