The benefits of ecommerce

E-commerce can reach any market worldwide without the need for large financial investments. This is the main advantage. These limits of commerce do not exist geographically. This allows consumers to compare offers from multiple potential suppliers without having to travel far.

E-commerce cuts down on the product distribution chain by allowing consumers to interact directly with them. This creates a direct channel between the producer/service provider and the final consumer, allowing them offer products and services that fit the preferences of the target audience.

E-commerce enables suppliers to be nearer to their customers. This leads to increased productivity, competitiveness, and profitability for companies. In turn, this benefits the consumer with a better quality service. This includes a closer relationship as well as more efficient support during and after sales. Ecommerce development service has allowed consumers to open virtual stores that can be accessed 24 hours per day.

Ecommerce development service can bring you cost savings. The simpler an aspect of a business process, both in terms of cost and complexity, is the better.

There are six basic types of online e- commerce:

1. Business-to-Business (B2B)

2. Business-to-Consumer (B2C)

3. Consumer-to-Consumer (C2C)

4. Consumer-to-Business (C2B).

5. Business-to-Administration (B2A)

6.Consumer-to-Administration (C2A)

1. Business-to-Business (B2B)

All electronic transactions of goods, or services between companies are considered business-to business (B2B). This type is common for traditional commerce wholesalers, producers, and retailers.

2. Business-to-Consumer (B2C)

The Business-to Consumer category of ecommerce stands out because it allows for the establishment of electronic business partnerships between businesses and end consumers. It corresponds with the retail section in ecommerce, where traditional retailer’s trade normally operates.

These relationships can be much more fluid and easy, but also more unpredictable or less permanent. The web has allowed this type commerce to flourish. Already, there are numerous virtual stores and malls online selling all types of consumer goods.

You will get more information when you shop online than you would if you were buying in retail stores.

3. Consumer-to-Consumer (C2C)

All electronic transactions of goods or service between consumers are considered Consumer-to Consumer (C2C). These transactions are typically conducted through an outside party that provides the online platform for the transactions.

4. Consumer-to-Business (C2B)

C2B involves a complete change from the traditional way of exchanging goods. This kind of e-commerce can be found in crowdsourcing-based projects. Numerous individuals offer their services or products to be purchased by companies who are in search of these types of services.

Such sites are where designers submit several ideas for a logo for a company and only one is selected. Another common platform for this type of commerce is the market that sells royalty-free photographs, images and media elements such as Stock photo.

5. Business-to-Administration (B2A)

This is a part of ecommerce that includes transactions made online between companies, government agencies, and individuals. This area includes a large number of services, especially in areas such fiscal, legal, security, employment and registers. With investments in electronic government, the number of these services has increased dramatically in recent decades.

6. Consumer-to-Administration (C2A)

The Consumer-to-Administration model encompasses all electronic transactions conducted between individuals and public administration.

Some examples of applications are:

•  Education – Disseminating information, distance learning, etc.

•  Social Security – Through the distribution information, making payments etc.

• Taxes- File tax returns, pay taxes, etc.

• Health – Find information about ailments, make appointments, pay for services, etc.

Both models, B2A and C2A, involve Public Administration. They are strongly related to the idea if efficiency and simple use of the services provided citizens by the government.